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...that when IBM conducted a market study of Chester Carlson's invention in 1959, the company concluded that it would take only 5000 units of his new product to saturate the market? IBM therefore declined to be part of the new product introduction. Too bad for IBM. Carlson's invention was the xerography process, and his new product was the beginning of the Xerox Corporation. It is estimated that every day, worldwide, 3,000,000,000 copies are made!!

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Assignee: OptiMark Technologies, Inc.


Location: JerseyCity, NJ
No. of patents: 3

NumberTitleIssue Date
6112189Method and apparatus for automating negotiations between parties
A system calculates the mutual satisfaction between negotiating parties and maximizes their mutual satisfaction over a range of decision variables and does so without requiring the parties to identify themselves and their positions to each other. For auto...
08/29/2000
6098051Crossing network utilizing satisfaction density profile
A crossing network that matches buy and sell orders based upon a satisfaction and quantity profile is disclosed. The crossing network includes a number of trader terminals that can be used for entering order. The orders are entered in the form of a satisf...
08/01/2000
6012046Crossing network utilizing satisfaction density profile with price discovery features
A crossing network that matches buy and sell orders based upon a satisfaction and quantity profile is disclosed. The crossing network includes a number of trader terminals that can be used for entering orders. The orders are entered in the form of a satis...
01/04/2000
 
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