U.S. patents available from 1976 to present.
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Computer implemented methods and apparatus for auctions

Patent 5905975 Issued on May 18, 1999. Estimated Expiration Date: Icon_subject January 2, 2017. Estimated Expiration Date is calculated based on simple USPTO term provisions. It does not account for terminal disclaimers, term adjustments, failure to pay maintenance fees, or other factors which might affect the term of a patent.

Patent References

3573747

3581072

Auction information transmission processing
Patent #: 4789928
Issued on: 12/06/1988
Inventor: Fujisaki

Distributed matching system
Patent #: 5077665
Issued on: 12/31/1991
Inventor: Silverman, et al.

Anonymous matching system
Patent #: 5136501
Issued on: 08/04/1992
Inventor: Silverman, et al.

Auction-based control system for energy resource management in a building
Patent #: 5394324
Issued on: 02/28/1995
Inventor: Clearwater

Interactive computer system to match buyers and sellers of real estate, businesses and other property using the internet
Patent #: 5664115
Issued on: 09/02/1997
Inventor: Fraser

Crossing network utilizing optimal mutual satisfaction density profile
Patent #: 5689652
Issued on: 11/18/1997
Inventor: Lupien, et al.

Offer matching system having timed match acknowledgment Patent #: 5727165
Issued on: 03/10/1998
Inventor: Ordish, et al.

Inventor

Application

No. 775880 filed on 01/02/1997

US Classes:

705/37, Trading, matching, or bidding705/26, Electronic shopping (e.g., remote ordering)707/104.1Application of database or data structure (e.g., distributed, multimedia, image)

Examiners

Primary: Tkacs, Stephen R.

Attorney, Agent or Firm

Foreign Patent References

  • WO 97/37315 WO 10/13/1997

International Class

G06F 17//60

Abstract

A computer implemented system and method of executing an auction. The system has at least two intelligent systems, one for the auctioneer and at least one for a user. The auction is conducted by the auctioneer's system communications with the user system(s). The auctioneer's system contains information from the user system(s) based on bid information entered by the user(s). With this information the auctioneer's system determines whether the auction can be concluded or not and appropriate messages are transmitted to the user(s).

Other References

  • Dialog Abstract: File 610, Acc#0489267; "Onsale: Onsale Brings Thrill of Auctions and Bargain Hunting Online; Unique Internet retail service debuts with week-long charity auction for The Computer Museum in Boston"; May 24, 1995
  • "Onsale Joins Fray as Online Shopping Picks Up Speed: Internet Booms"; Computer Reseller News; p. 73; Jun. 5, 1995; Dialog: File 16, Acc#05649796
  • Siegmann; "Nowhere to Go But Up. (Onsale CEO Jerry Kaplan) (PC Week Inside) (Inside People)"; PC Week; v12 n42; pA5 (1); Oct. 23, 1995; Dialog: File 148, Acc#08222496
  • Bidder Information Packet for FCC auction scheduled for Dec. 11, 1995, pp. 33-36, 47, 57-59
  • Bidder Information Packet fo FCC auction scheduled for Aug. 2, 1995, pp. 99-104
  • Joint Report on the Government Securities Market, Jan. 1992, pp. 14-16, B-20 through B-24
  • ACD Market Operations Guide, Sholtz & Associates, LLC, Jan. 3, 1996, pp. 1-
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