SOURCE: ICAP Patent Brokerage

ICAP Patent Brokerage

October 26, 2015 13:00 ET

Clothing Fit Tech Patents Available From ICAP Patent Brokerage

NEW YORK, NY--(Marketwired - October 26, 2015) - ICAP Patent Brokerage announces for sale early priority patents disclosing a virtual clothing experience, available from NIWOT IP, LLC. This portfolio is offered as part of the Internet of Things IP Auction, with a bidding deadline of November 12th, 2015.

"This technology is essential to clothing manufacturers and e-tailers who wish to give Internet users an authentic shopping experience," said Dean Becker, CEO of ICAP Patent Brokerage.

Shopping can be time and consuming and inconvenient, often requiring trips to multiple stores to find clothes with the right look and fit. This portfolio, with priority dates from 2001, discloses systems and methods for simplifying the process of clothing shopping by eliminating the need to physically try on garments. Using a computer, users can virtually try on a vast online catalog of garments from the privacy of their own home, ensuring style, fit, and colors meet their needs.

Just as in traditional retail shopping, a shopper picks out a garment for fitting. The virtual clothing experience utilizes cameras, such as a webcam or the camera on a mobile device, and a display to generate an image of the actual user, with garments superimposed on their person.

This technology represents a fundamental aspect of retailing clothing online. Retail e-commerce revenue of apparel and accessories is expected to reach US$86.4 billion by 20181.

Sample forward citing companies include Adidas Ag, Hewlett-Packard Development Company, L.p., Qualcomm Incorporated, True Fit Corporation.

See the technical description of the virtual clothing experience IP sales offering.

1http://www.statista.com/statistics/278890/us-apparel-and-accessories-retail-e-commerce-revenue/

To learn more about the intellectual property available for sale in this portfolio:

Contact Michelle Tyler of ICAP Patent Brokerage at (312) 327-4438 or via email at michelle@icapip.com.

If you have a patent portfolio for sale, visit our website to make a patent portfolio submission for an upcoming sealed bid event.

Follow us on Twitter (@ICAP_IP) and join our LinkedIn group.

About ICAP Patent Brokerage

ICAP Patent Brokerage is the world's largest intellectual property brokerage and patent auction firm, leveraging the talents of experienced patent brokers to match buyers and sellers for the sale of patents and other intellectual property assets. With multiple transaction platforms and unparalleled industry knowledge, including experience with trademarks, brands, intellectual property licensing, and UCC sales, ICAP Patent Brokerage is the global leader in the transaction of intellectual property.

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