Seattle – April 5, 2016: Tangible IP Announces Completed Sale of Mobile Advertising Patent Portfolio
TANGIBLE IP announced that it had successfully brokered the sale of the patent portfolio of inventor American Kenneth J. Kramer, LLC in the field of mobile advertising. Mr. Kramer is a marketer and inventor passionate about television marketing technology who came up in 2002 with the original idea to link remote control devices with advertising of nearby products and services in hospitality settings. The portfolio eventually evolved to a family of patents that cover other handheld devices, such as smartphones, and broader use scenarios. With this sale, the inventor will now have the opportunity to reap the rewards of his early innovations that have been widely embraced by the industry.