US Patent No: 8,024,226

Number of patents in Portfolio can not be more than 2000

Product exchange system

1 Status Updates

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ALSO PUBLISHED AS: 20070078728
ATTORNEY / AGENT: (SPONSORED)
 

Importance

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Abstract

An exchange system for facilitating the purchase of products is described. The system is coupled, in one embodiment, to a communications link. Potential product purchasers and sellers may access the exchange system via the network, and submit offers and/or pricing requests to such system. In response to the requests, the system processor retrieves the stored data from the respective databases, and causes such data to be transmitted to the local site for display. The exchange systems also executes certain functions in response to commands and data transmitted from buyer sites, seller sites and institution sites.

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First Claim

Related Publications

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Patent Owner(s)

Patent OwnerAddressTotal Patents
MIRIM NETWORK TRANSFER LTD. L.L.C.WILMINGTON, DE5

International Classification(s)

  • [Classification Symbol]
  • [Patents Count]

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Fusz, Eugene August St. Louis, MO 9 127
Kline, Christopher Ames St. Louis, MO 9 122

Cited Art

Patent Info (Count) # Cites Year
 
PRICELINE.COM INCORPORATED (5)
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5,797,127 Method, apparatus, and program for pricing, selling, and exercising options to purchase airline tickets 328 1996
6,108,639 Conditional purchase offer (CPO) management system for collectibles 210 1997
6,466,919 System and method for aggregating multiple buyers utilizing conditional purchase offers (CPOS) 58 1999
7,203,660 Apparatus, system, and method for dynamic demand reporting and affectation 5 2001
 
EBAY INC. (4)
5,845,265 Consignment nodes 547 1995
6,202,051 Facilitating internet commerce through internetworked auctions 262 1999
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6,085,176 Method and apparatus for using search agents to search plurality of markets for items 227 1999
 
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5,331,546 Trip planner optimizing travel itinerary selection conforming to individualized travel policies 150 1991
 
CITIBANK, N.A. (2)
5,557,518 Trusted agents for open electronic commerce 720 1994
5,732,400 System and method for a risk-based purchase of goods 549 1995
 
CUBIC WESTERN DATA (2)
4,247,759 Self-service passenger ticketing system 181 1978
4,449,186 Touch panel passenger self-ticketing system 237 1981
 
INTEL CORPORATION (2)
5,696,965 Electronic information appraisal agent 268 1994
5,664,115 Interactive computer system to match buyers and sellers of real estate, businesses and other property using the internet 675 1995
 
LONGITUDE LLC (2)
6,321,212 Financial products having a demand-based, adjustable return, and trading exchange therefor 528 1999
7,389,262 Financial products having demand-based, adjustable returns, and trading exchange therefor 12 2000
 
MIRIM NETWORK TRANSFER LTD. L.L.C. (2)
7,133,835 Online exchange market system with a buyer auction and a seller auction 79 1995
7,103,568 Online product exchange system 30 2004
 
THE VANGUARD GROUP, INC. (2)
2005/0154,658 System and Method for Automatic Investment Planning 1999
2005/0154,658 System and Method for Automatic Investment Planning 1999
 
XEROX CORPORATION (2)
5,826,244 Method and system for providing a document service over a computer network using an automated brokered auction 424 1995
5,710,877 User-directed interaction with an image structure map representation of an image 18 1995
 
ARBINET-THEXCHANGE, INC. (1)
5,606,602 Bidding for telecommunications traffic 171 1995
 
AT&T BELL LABORATORIES (1)
5,329,589 Mediation of transactions by a communications system 371 1993
 
AT&T INFORMATION SYSTEMS INC. (1)
4,763,356 Touch screen form entry system 200 1986
 
AUCNET INC. (1)
5,818,914 Auction information transmission processing system 178 1995
 
AUTO DATA, INC. (1)
5,774,883 Method for selecting a seller's most profitable financing program 211 1995
 
CELLULAR TECHNICAL SERVICES COMPANY, INC. (1)
5,517,555 Real time information system for cellular telephones 181 1994
 
CHICAGO BOARD OF TRADE (1)
5,297,031 Method and apparatus for order management by market brokers 637 1990
 
CU DIRECT CORPORATION (1)
5,611,052 Lender direct credit evaluation and loan processing system 363 1993
 
DEUTSCHE FINANCIAL SERVICES (1)
5,262,941 Expert credit recommendation method and system 266 1990
 
EC CORPORATION (1)
5,283,731 Computer-based classified ad system and method 477 1992
 
EGGHEAD.COM, INC. (1)
5,835,896 Method and system for processing and transmitting electronic auction information 736 1996
 
EPSTEIN DRANGEL LLP (1)
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EQUITRADE (1)
5,500,793 Computerized system for developing multi-party property equity exchange scenarios 147 1993
 
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FIRST VIRTUAL HOLDINGS (1)
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FLEX JAPAN INC. (1)
4,789,928 Auction information transmission processing 574 1987
 
GENERALE MICRO FR, LIMITED LIABILITY COMPANY (1)
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H-RENEE, INCORPORATED (1)
4,992,940 System and method for automated selection of equipment for purchase through input of user desired specifications 996 1989
 
HEWLETT-PACKARD DEVELOPMENT COMPANY, L.P. (1)
5,832,452 Hotel database inquiry system 67 1996
 
HYATT CORPORATION (1)
5,404,291 Inventory control process for reservation systems 85 1991
 
INTELLECTUAL VENTURES HOLDING 79 LLC (1)
6,631,356 Demand aggregation through online buying groups 90 1999
 
JAL INFORMATION TECHNOLOGY CO., LTD. (1)
5,339,239 Information collecting and/or service furnishing systems by which a user can request information from a central data base using a portable personal terminal and an access terminal 228 1990
 
MATSUSHITA ELECTRIC INDUSTRIAL CO., LTD. (1)
5,377,097 Customer order processing system 27 1992
 
MICROSOFT CORPORATION (1)
5,878,141 Computerized purchasing system and method for mediating purchase transactions over an interactive network 370 1995
 
MONEYLINE TELERATE (1)
5,168,446 System for conducting and processing spot commodity transactions 330 1989
 
MOORE BUSINESS FORMS, INC. (1)
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MOUNTAIN INTERATIONAL CORP. (1)
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NEXTAG (1)
6,598,026 Methods and apparatus for brokering transactions 182 1999
 
OPTIMARK, INC. (1)
5,689,652 Crossing network utilizing optimal mutual satisfaction density profile 557 1995
 
PITNEY BOWES INC. (1)
5,444,630 Method and apparatus for applying customized rating adjustments to transaction charges 76 1993
 
RAMEY LANE, LLC (1)
5,557,517 System and method for determining the price of an expirationless American option and issuing a buy or sell ticket on the current price and portfolio 178 1994
 
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5,570,283 Corporate travel controller 153 1994
 
REUTERS TRANSACTION SERVICES LIMITED (1)
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REUTERS TRANSACTIONS SERVICES LIMITED (1)
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4,868,736 Code operated access control system for electronic data store 38 1987
 
SABRE INC. (1)
5,191,523 System for synthesizing travel cost information 112 1989
 
SETTLE, HIRAM P. (1)
4,412,287 Automated stock exchange 499 1982
 
SOURCE SEARCH TECHNOLOGIES, LLC (1)
5,758,328 Computerized quotation system and method 614 1996
 
SPOT METALS ONLINE (1)
5,715,402 Method and system for matching sellers and buyers of spot metals 379 1995
 
STRATEGIC PROCESSING CORPORATION (1)
4,799,156 Interactive market management system 1423 1986
 
SYSTEM ONE INFORMATION MANAGEMENT, L.L.C. (1)
4,862,357 Computer reservation system with means to rank travel itineraries chosen in terms of schedule/fare data 143 1988
 
TELSPAN, INC. (1)
5,467,269 Method and means for telephonically crediting customers with rebates and refunds 235 1994
 
TEXAS INSTRUMENTS INCORPORATED (1)
5,361,199 Automated procurement system with multi-system data access 158 1990
 
TOTAL TRAVEL MANAGEMENT, INC. (1)
5,237,499 Computer travel planning system 319 1991
 
TRADECARD, INC. (1)
5,717,989 Full service trade system 484 1994
 
TRAVELSOFT, INC. (1)
4,931,932 Computerized system with means to automatically clear and sell wait-listed customer reservations 140 1987
 
TREAT, JOHN M. (1)
4,751,728 Telephone call monitoring, metering and selection device 131 1987
 
TRUNQATE, LLC (1)
5,592,375 Computer-assisted system for interactively brokering goods or services between buyers and sellers 500 1994
 
TTI INVENTIONS C LLC (1)
5,224,034 Automated system for generating procurement lists 143 1990
 
TWEETER INTELLECTUAL PROPERTY, LLC (1)
5,642,279 Technique for utilizing a computer system to provide price protection to retail customers 96 1994
 
U S WEST MARKETING RESOURCES GROUP, INC. (1)
5,745,882 Electronic classified advertising interface method and instructions with continuous search notification 150 1995
 
U S WEST TECHNOLOGIES, INC. (1)
5,420,914 System and method for real time carrier selection 142 1994
 
OTHER [CHECK PATENT PROFILE FOR ASSIGNMENT INFORMATION] (8)
4,553,222 Integrated interactive restaurant communication system for food and entertainment processing 281 1983
4,677,552 International commodity trade exchange 476 1984
5,243,515 Secure teleprocessing bidding system 422 1990
5,253,165 Computerized reservations and scheduling system 241 1990
5,191,613 Knowledge based system for document authentication 162 1991
5,809,476 System for converting medical information into representative abbreviated codes with correction capability 93 1995
5,615,269 Ideal electronic negotiations 229 1996
5,799,285 Secure system for electronic selling 278 1996

Patent Citation Ranking

Forward Cites

Patent Info (Count) # Cites Year
 
EWINWIN, INC. (8)
8,290,824 Identifying incentives for a qualified buyer 0 2001
8,306,870 Order aggregation and merchant ranking 0 2011
8,311,896 Multiple criteria buying and selling model 0 2011
8,285,600 Multiple criteria buying and selling model 0 2011
8,271,332 DAS predictive modeling and reporting function 1 2011
8,285,598 Promoting offers through social network influencers 1 2012
8,438,075 Method and computer medium for facilitating a buyer-initiated feature within a business transaction 0 2012
8,401,918 Promoting offers through social network influencers 0 2012

Maintenance Fees

Fee Large entity fee small entity fee micro entity fee due date
3.5 Year Payment $1600.00 $800.00 $400.00 Mar 20, 2015
7.5 Year Payment $3600.00 $1800.00 $900.00 Mar 20, 2019
11.5 Year Payment $7400.00 $3700.00 $1850.00 Mar 20, 2023
Fee Large entity fee small entity fee micro entity fee
Surcharge - 3.5 year - Late payment within 6 months $160.00 $80.00 $40.00
Surcharge - 7.5 year - Late payment within 6 months $160.00 $80.00 $40.00
Surcharge - 11.5 year - Late payment within 6 months $160.00 $80.00 $40.00
Surcharge after expiration - Late payment is unavoidable $700.00 $350.00 $175.00
Surcharge after expiration - Late payment is unintentional $1,640.00 $820.00 $410.00