Smart Home Safety System Patents for Sale by ICAP Patent Brokerage & Auctions

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| Source: ICAP Patent Brokerage LLC

New York, May 29, 2014 (GLOBE NEWSWIRE) -- (http://www.myprgenie.com) -- ICAP Patent Brokerage announces for sale patents disclosing techniques for an improved safety alarm system from Smart Safety Systems, Inc. This IP package is available via sealed bid with a bidding deadline of July 31, 2014. Bids for these lots will be accepted starting July 29 through July 31.

"The market potential for smart home and safety products has been steadily increasing in recent years. This portfolio includes broadly claimed patents crucial to those companies providing smart home solutions and safety equipment," says Dean Becker, CEO of ICAP Patent Brokerage.

Key Characteristics & Benefits

The patents in this portfolio protect a device that can be incorporated into the smart home environment and has the ability to interact with other devices within the home. The improved safety alarm system utilizes emergency condition detectors such as fire, smoke, earthquake, carbon monoxide, and burglary alarms to alert occupants during an emergency situation. A key feature of the system lays in its ability to discriminate between sleeping occupants and awake occupants based on motion detection. This system alerts individuals through audible, visual, vibratory, or olfactory means, and differentiated alert messages or signals are generated based on the occupant's status. The alarm can be set to multi-stage and can also be set to deactivate by waving a hand or other object in front of the detector device.

The patents in this portfolio have been cited by industry leaders such as Hon Hai Precision Industry Ltd., Hitachi Ltd., Panasonic Corporation, Honeywell International Inc., and Gentex Corporation. 

See the technical description of the home safety system IP sales offering.

To learn more about the intellectual property available for sale in these portfolios or to place a bid:

Contact Paul Greco of ICAP Patent Brokerage at (212) 815-6692 or via email at Paul@icapip.com.

If you have a patent for sale, visit our website to make a patent submission for an upcoming sealed bid event.

Follow us on Twitter (@ICAP_IP) and join our LinkedIn group.

About ICAP Patent Brokerage

ICAP Patent Brokerage is the world's largest intellectual property brokerage and patent auction firm, leveraging the talents of experienced patent brokers to match buyers and sellers for the sale of patents and other intellectual property assets. With multiple transaction platforms and unparalleled industry knowledge, including experience with trademarks, brands, intellectual property licensing, and UCC sales, ICAP Patent Brokerage is the global leader in the transaction of intellectual property.

Sarah Saites, 312-327-4437,