U.S. patents available from 1976 to present.
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Real-time network exchange with seller specified exchange parameters and interactive seller participation

Patent 6058379 Issued on May 2, 2000. Estimated Expiration Date: Icon_subject July 11, 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

Automated stock exchange
Patent #: 4412287
Issued on: 10/25/1983
Inventor: Braddock, III

Parallel-flow air system for cooling electronic equipment
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Auction information transmission processing
Patent #: 4789928
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Inventor: Fujisaki

Interactive market management system
Patent #: 4799156
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Inventor: Shavit ,   et al.

Remote transaction system
Patent #: 4845636
Issued on: 07/04/1989
Inventor: Walker

Real estate search and location system and method
Patent #: 4870576
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Inventor: Tornetta

Automated futures trading exchange
Patent #: 4903201
Issued on: 02/20/1990
Inventor: Wagner

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Inventors

Assignee

Application

No. 891633 filed on 07/11/1997

US Classes:

705/37Trading, matching, or bidding

Examiners

Primary: MacDonald, Allen R.
Assistant: Crecca, Michele Stuckey

Attorney, Agent or Firm

International Class

G06F 017/60

Abstract

A method for networked exchange comprises 8 steps. Those steps are (1) specifying a mode of operations for an exchange; (2) identifying a commodity for the exchange; (3) listing information about the commodity; (4) accessing of the listing by a potential purchaser; (5) accessing the network-based exchange by the potential purchaser; (6) processing information generated by the potential purchaser, the information comprising a negotiation; (7) concluding the negotiation; and, (8) clearing the concluded negotiation.

Other References

  • "EBAY: eBay's AuctionWeb tops one million bids." M2 Presswire. M2 Communications, Dec. 1996
  • "World's first real-time travel auction service . . . " Business Wire, p. 11041146, Nov. 1996
  • EBAY website (www.ebay.com). Screen displays, Dec. 199
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