Soryn IP Group to Sell Patent Portfolio Related to Smart Home Technology

FOR RELEASE – November 15, 2013

 

Soryn IP Group to Sell Patent Portfolio Related to Smart Home Technology

The patents in this portfolio disclose technology that would allow smart devices and appliances to directly connect to the internet via their power plug

Jersey City, New Jersey (November 2013) — the Soryn IP Group, LLC (“Soryn IP Group”) is pleased to announce the availability of this smart home patent portfolio. The patents in this portfolio relate to plugs and outlets that combine the delivery of electricity and optical data, allowing smart appliances and devices direct connectivity to the internet.

This patent portfolio consists of one family and two patents.  One patent in this portfolio relates to a plug/outlet combination that combines the delivery of electricity and optical data.  The other patent relates to plugs, outlets, as well as plug/outlet combinations that combine the delivery of electricity and optical data.

The technology of these patents would allow any device or appliance to be directly connected to the fiber network of a smart home — all through the same plug and outlet used to delivery electricity.  In enabling the combined delivery of electricity and data through a single plug, the technology of these patents also obviates the need for separate data and power inputs, an incredibly convenient feature that could revolutionize many devices in the home.

In addition to smart homes, appliances and devices, the technology of these patents has applications in smart metering, smart medical devices, secure and smart plugs, the defense industry and devices that would benefit from a single power/data input, such as phones, televisions and cable boxes.

“This portfolio would be an ideal acquisition for any company seeking to capitalize on the smart home revolution or internet of things,” said Michael Gulliford, the CEO & Managing Member of the Soryn IP Group.  “The advantages of fiber networks in smart homes are well-publicized, and the technology of these patents will allow any device or appliance direct connectivity to fiber networks through the same plug used to delivery electricity.”

The Soryn IP Group is exclusively offering this innovative smart home portfolio for sale. Qualified, potential purchasers will be provided with detailed marketing materials regarding the portfolio as well as access to an online data room.

To receive more information or to schedule a conference call regarding this portfolio, please contact Michael Gulliford, the CEO & Managing Member of the Soryn IP Group, LLC, atmgulliford@sorynipgroup.com.

About the Soryn IP Group, LLC:

Founded by a former partner at one of the country’s most prestigious patent litigation groups, the Soryn IP Group is a diversified patent asset management and advisory company.   The Soryn IP Group provides of host of services to innovators from every technology sector, including patent advisory and brokerage services, litigation funding support, and IP consulting. The company’s headquarters are located in Jersey City, New Jersey.

For more information, please visit the Soryn IP Group at sorynipgroup.com

CONTACT:

Michael Gulliford
CEO & Managing Member:  Soryn IP Group, LLC.
(201)-633-4713
mgulliford@sorynipgroup.com