Rights owners and their representatives will benefit from the central marketplace that IP*Network.com will provide to assist them in making contact with the maximum number of potential licensees, a process that is now impossible to accomplish. Additionally, potential licensees (or buyers of rights) will also benefit from the increased ability to easily access attractive and available new and existing rights listings on IP*Network.

IP*Network.com will provide a broad range of services as well as its auction venue, RightsAuctioneer, which is the only marketplace for the efficient transfer of IP rights on a global basis, as well as a mechanism for expanding the entire market for licensing intellectual property.

By maximizing licensing opportunities, IP*Network will centralize control of, and expand revenues for, all licensed intellectual properties. The we will also act as a facilitator for the rights transactions by providing the venue and the structuring of the auction, charging a 10% commission on the value of the sale.

IP History

"Intellectual Property" is a legal term that refers to the exclusive rights that owners maintain to their discoveries, inventions, artistic compositions, and other creations. If properly documented, this "bundle" of ownership rights is protected for legally defined periods of time through the use of grants of protection such as patents, trademarks, and copyrights that are issued by governmental bodies throughout the world.

Rights holders frequently segment their rights and sell partial rights to different licensees for different purposes, thus maximizing their potential. Rights can also be limited in their usage to specific geographic regions or specific products and services, as well as for defined preiods of time.

Patent law protects inventions and discoveries such as new products and processes.

Copyright law protects expressive aspects of recorded information including written works, music, audiovisual works, and computer programs.

Trademark law protects brand names and other symbols that indicate the source of goods and services.

The law of licensing enables owners of protected rights to share them with others on a mutually agreed upon basis, most often in some form of License Agreement.

Licensing occurs in a broad range of fields, from technology transfer to the application of cartoon characters on childern's clothing.

IP*Network, through our RightsAuctioneer system, is the marketplace which brings together rights holders and potential licensees who want to pay them to use their rights.