Fundamental Video-On-Demand Technology For Auction

March 29, 2007

Ocean Tomo Auctions, LLC today announced it will offer for sale a fundamental portfolio of patents relating to video-on-demand (VOD) and customer premise devices (CPDs). This portfolio is being offered in two lots, Lot 19 and 20, at The Ocean Tomo Spring 2007 Live Intellectual Property Auction on April 19th in Chicago. "Given the broad scope of the disclosed technology, these patents have potential applicability to a wide variety of existing and next-generation content products," said Andrew T. Ramer, President of Ocean Tomo Auctions. "The early filing date of these patents combined with the incredible recent growth of interactive media applications, make these lots extremely attractive assets to own." Lot 19 includes US Patent 5,553,311, disclosing a set-top-box capable of two-way communication with a central information source over a remote connection. This is a key component for enabling a variety of applications, such as VOD, web browsing, gaming, market research, database searching and interactive home shopping. Filed in 1994 and issued in 1996, this patent pre-dates most, if not all, two-way interactive applications, via a set-top box, roll-outs. Lot 20 includes US Patent Nos. 5,581,479; 5,604,682; 5,636,139; 6,356,973; and 6,779,073, disclosing technology representing significant advancements in one of the critical areas of video storage. This technology provides the capability to service a virtually unlimited number of subscribers concurrently viewing different movies, TV programs, special events, interactive video games, etc. This technology further provides a solution for High-Definition On-Demand services by enabling VOD applications and services to be easily and securely distributed over any broadband delivery technology. "These patents disclose a scalable technology for efficiently storing and distributing 'Hot Titles' from a single, centralized facility for video service to large metropolitan areas," said Nathan Kantor, Chairman and CEO of Image Telecommunications Corporation, the owner of these patents. Unique Acquisition Opportunity Acquisition of these lots represents a unique opportunity for numerous industries including, but not limited to: Telecommunications, Media and Entertainment, Internet Service Providers, Content Distribution Technology, and Information Management and Business Solution Providers. For more information on Lots 19 and 20 or to register to attend the event or bid, please call 312.377.4851 or visit http://www.OceanTomoAuctions.com. About Ocean Tomo Auctions: Ocean Tomo Auctions, the auctions arm of Ocean Tomo, LLC (http://www.OceanTomo.com) -- the country's leading Intellectual Capital Merchant Banc(R) firm -- has received global recognition as the leader in the live auctioning of intellectual property assets for some of the world's largest and most established companies. Hundreds of key decision makers in the intellectual property and financial communities attend and participate in the auctions and related workshops, including C-level executives, Fortune 500(R) IP professionals, investors, small to mid-size companies, inventors and media professionals. Ocean Tomo Auctions has been featured on CNBC, Bloomberg TV, The Wall Street Journal, Forbes, Barron's, Red Herring, BusinessWeek, and Reuters. The live auctions are held in the spring and fall in the U.S. and in the summer in Europe.

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