Welcome!

News Feed Item

Social Video eCommerce Leader Cinsay, Inc. Engages IPVALUE Management Inc. for Patent Licensing

IPVALUE Management Inc., Leading Provider of Intellectual Property Transactional and Advisory Services, Will Lead Initiative to Commercialize/Monetize Cinsay's Extensive Patent Portfolio

AUSTIN, TX -- (Marketwired) -- 07/30/15 -- Cinsay, Inc., a leader in social video eCommerce technology, announced today that it has engaged IPVALUE Management Inc. in a multi-year agreement to commercialize Cinsay's extensive patent portfolio.

"With tremendous value in our IP portfolio that we have developed over the course of nearly a decade, it is clear that monetizing that value by licensing the technology will create enormous revenue opportunities for Cinsay both domestically and globally," said Christian Briggs, CEO, Cinsay, Inc. "I don't believe we could have chosen a better partner for this endeavor than IPVALUE, whose track record with engaging potential licensees and securing income-producing agreements has made them one of the most sought-after licensing partners in the world today."

"Clearly, Cinsay's unique social video eCommerce technology is the company's greatest asset, and is becoming more strategic as the role of video in advertising and eCommerce through social media continues to grow at a remarkable pace," noted Murali Dharan, IPVALUE's CEO. "Cinsay's pioneering R&D efforts in this area have been recognized by the U.S. Patent Office through the grant of numerous patents, as well as by customers and other licensees. We at IPVALUE are excited to partner with Cinsay and to work with forward-looking technology, media, and ecommerce companies who seek to license Cinsay's technology and IP to engage their customers and grow their businesses globally through video ecommerce."

Cinsay has licensed its technology in China through a network of distributors and sub distributors including telecommunication, banking, and major associations. Cinsay is one of the first U.S.-based IP social video platform providers to have been granted access to all major Chinese social networks. It has built AliPay and TenPay gateways into its video player for complete in-player transactions within Chinese social media networks. Conversion rates for eCommerce utilizing video are ranking much higher than for non-video shopping experiences, and demand for Cinsay's video technology, one of the early multi-patented technologies with a built-in transactional process inside the player, continues to grow throughout the world.

About Cinsay
Cinsay has developed one of the world's first, multi-patented advertising, marketing and ecommerce video platforms. Built to be socially interactive worldwide, Cinsay's video platform is designed to drive significantly higher traffic, views and transactions for any type of business. Cinsay's syndicatable technology enables anyone to market and promote services, sell products, accept donations and political contributions, all within its multi-patented video player platform. The technology also allows for archived or live video and provides in-depth analytics on views, shares, and transactions. Additional statistics include demographics as well as consumer buying patterns and buying history. Cinsay allows for completion of transactions with their patented process and even identifies in which social network the transaction occurred. Cinsay hosts exclusive content and shopping channels for sports, music and movies aligned with partners including Andretti Autosport, Risi Competizione, Suretone Entertainment and Strokers Dallas. The company is also a software provider to SMBs via Yahoo's Commerce Central.

Forbes named Cinsay one of "America's Most Promising Companies" while eTail Conferences named Cinsay a "Rising Star in innovation" for 2012. Red Herring also selected Cinsay for the "Top 100 Companies in North America" for 2014. For more information, please visit http://www.cinsay.com or call 855-725-2462.

One or more of the following patents may protect Cinsay's software, systems, and/or services. U.S. Patent Nos.7, 840,415; 7,987,098; 8,769,053; 8,782,690; 8,813,132; 8,312,486; 8,533,753; 8,893,173 and 8,549,555.

About IPVALUE
IPVALUE is the leading provider of Intellectual Property transactional and advisory services for the world's premier technology companies, R&D labs, and owners of significant IP portfolios. Founded in 2001, IPVALUE's mission is to deliver a return on invention by licensing the IP portfolios of leading innovators. Since inception, the firm has helped its partners realize over $1.4B in revenues from IP licensing and sales. For more information, please visit www.IPVALUE.com.

Contact:

For Cinsay, Inc.
Paul Gendreau
Email Contact
818.985.0245

For IPVALUE, Inc.
George Park
Email Contact
408.869.4021

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, discussed how from store operations and ...
In his session at 21st Cloud Expo, Carl J. Levine, Senior Technical Evangelist for NS1, will objectively discuss how DNS is used to solve Digital Transformation challenges in large SaaS applications, CDNs, AdTech platforms, and other demanding use cases. Carl J. Levine is the Senior Technical Evangelist for NS1. A veteran of the Internet Infrastructure space, he has over a decade of experience with startups, networking protocols and Internet infrastructure, combined with the unique ability to it...
"There's plenty of bandwidth out there but it's never in the right place. So what Cedexis does is uses data to work out the best pathways to get data from the origin to the person who wants to get it," explained Simon Jones, Evangelist and Head of Marketing at Cedexis, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Agile has finally jumped the technology shark, expanding outside the software world. Enterprises are now increasingly adopting Agile practices across their organizations in order to successfully navigate the disruptive waters that threaten to drown them. In our quest for establishing change as a core competency in our organizations, this business-centric notion of Agile is an essential component of Agile Digital Transformation. In the years since the publication of the Agile Manifesto, the conn...
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
Enterprises are moving to the cloud faster than most of us in security expected. CIOs are going from 0 to 100 in cloud adoption and leaving security teams in the dust. Once cloud is part of an enterprise stack, it’s unclear who has responsibility for the protection of applications, services, and data. When cloud breaches occur, whether active compromise or a publicly accessible database, the blame must fall on both service providers and users. In his session at 21st Cloud Expo, Ben Johnson, C...
"We're developing a software that is based on the cloud environment and we are providing those services to corporations and the general public," explained Seungmin Kim, CEO/CTO of SM Systems Inc., in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Enterprises are adopting Kubernetes to accelerate the development and the delivery of cloud-native applications. However, sharing a Kubernetes cluster between members of the same team can be challenging. And, sharing clusters across multiple teams is even harder. Kubernetes offers several constructs to help implement segmentation and isolation. However, these primitives can be complex to understand and apply. As a result, it’s becoming common for enterprises to end up with several clusters. Thi...
"MobiDev is a software development company and we do complex, custom software development for everybody from entrepreneurs to large enterprises," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Codigm is based on the cloud and we are here to explore marketing opportunities in America. Our mission is to make an ecosystem of the SW environment that anyone can understand, learn, teach, and develop the SW on the cloud," explained Sung Tae Ryu, CEO of Codigm, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Data scientists must access high-performance computing resources across a wide-area network. To achieve cloud-based HPC visualization, researchers must transfer datasets and visualization results efficiently. HPC clusters now compute GPU-accelerated visualization in the cloud cluster. To efficiently display results remotely, a high-performance, low-latency protocol transfers the display from the cluster to a remote desktop. Further, tools to easily mount remote datasets and efficiently transfer...
"CA has been doing a lot of things in the area of DevOps. Now we have a complete set of tool sets in order to enable customers to go all the way from planning to development to testing down to release into the operations," explained Aruna Ravichandran, Vice President of Global Marketing and Strategy at CA Technologies, in this SYS-CON.tv interview at DevOps Summit at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
WebRTC is great technology to build your own communication tools. It will be even more exciting experience it with advanced devices, such as a 360 Camera, 360 microphone, and a depth sensor camera. In his session at @ThingsExpo, Masashi Ganeko, a manager at INFOCOM Corporation, introduced two experimental projects from his team and what they learned from them. "Shotoku Tamago" uses the robot audition software HARK to track speakers in 360 video of a remote party. "Virtual Teleport" uses a multip...
In his session at 21st Cloud Expo, James Henry, Co-CEO/CTO of Calgary Scientific Inc., introduced you to the challenges, solutions and benefits of training AI systems to solve visual problems with an emphasis on improving AIs with continuous training in the field. He explored applications in several industries and discussed technologies that allow the deployment of advanced visualization solutions to the cloud.