Auction Management Solutions, Inc.

March 10, 2005 16:39 ET

Auction Management Solutions, Inc. Sues to Stop Patent Infringement


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: AUCTION MANAGEMENT SOLUTIONS, INC.

MARCH 10, 2005 - 16:39 ET

Auction Management Solutions, Inc. Sues to Stop Patent
Infringement

TAMPA, Fla.--(CCNMatthews - Mar 10, 2005) -

Auction Management Solutions, Inc., creator of the OnLine Ringman(SM)
auction integration system, today filed a patent infringement lawsuit
against automobile auction giant Manheim Auctions, Inc. of Atlanta, Ga.
and Canadian corporation Live Global Communications of Moose Jaw,
Saskatchewan.

The action, which asks for a preliminary injunction against the two
companies, was filed in the United States District Court for the
Northern District of Georgia in Atlanta. The publicly available
litigation papers and a link to AMS's U.S. Patent can be found at
http://www.auctionsolutions.com/innovations.shtm.

The lawsuit alleges infringement of AMS Patent No. 6,813,612. Entitled
"Remote Bidding Supplement for Traditional Live Auctions," the patent
makes certain aspects of the system and process of integrating a live
auction audience with a remote auction audience proprietary, meaning
they cannot be improperly imitated. The patent won approval in November
2004.

AMS President and CEO Nancy J. Rabenold said that the granting of the
patent recognized the groundbreaking work done by her company. "Our
patented technology has revolutionized the remarketing industry by
allowing a remote audience to be integrated with a live auction without
putting either kind of bidder at a disadvantage," she said.

The lawsuits against Manheim and Live Global Communications contend that
the two companies are using systems that appear to be strikingly similar
to AMS's OnLine Ringman(SM), Rabenold said. She said that her company
bore the research and development costs for the system and will not
allow others to unfairly profit from AMS's innovations.

Auction Management Solutions created these processes through the 1990s.
In 1999, AMS introduced its OnLine Ringman(SM)product to the automotive
auction industry. After overcoming initial industry skepticism, the
system quickly showed it would produce higher average prices for
automobiles. Major auction houses - including Manheim - soon adopted the
new AMS system.

After successfully using the AMS product for some time, Manheim switched
to its own integration system, known as Simulcast, and discontinued
using OnLine Ringman(SM). According to its website, Manheim is the
single largest owner and operator of automotive auction houses in the
world.

Others, including Live Global Communications, have also entered this
growing market sub-segment. While Manheim is an auction house owner,
Live Global Communications is a vendor of auction integration systems to
auction houses. Its integration system is known commercially as Live
Global Bid.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Auction Management Solutions, Inc.
    Nancy J. Rabenold or Jim Simmons, 813-621-7881