Although this is paid for it offers some very interesting insights:
Stock Symbol: ‘MKTE” Innovative SEARCH Breakthrough! SNEAK PREVIEW!
August Stock of the Month
Scientigo, Inc. (OTCBB: MKTE) as of June 30, 2005: ONLY 6.9 Million
Shares Outstanding, Current Price: $1.50
Key Points
-- Key Point #1-Aggressive and growing “Intellectual Property Licensing Program” for its Patent Portfolio offers Scientigo an Opportunity for Rapid Revenue and Earnings Growth Potential.
-- Key Point #2-Scientigo has invested over $20 million dollars and 40 man-years in developing a portfolio of revolutinary patents in the field of data capture, storage and retrieval. MKTE is Working on 14 pilot projects and is Currently In voicing Continental DataGraphics (CDG) a Boeing Company (NYSE: BA).
-- Key Point #3-Strong and Seasoned Management
-- Key Point #4-Innovative and Breakthrough In formation Classificaton and Search Technologies for Enterprise or Web use, that provides High Performance and Significant Cost Savings on Technical Resources.
-- Key Point #5-Technical Chart Analysis Indicates Breakout at $2.50
-- Recent Press Announcements
-Companies mentioned: Boeing (NYSE: BA), Ampex Corporation (NASDAQ: AMPX), Intl Bus. Machines (NYSE: IBM), Google, Inc. (NASDAQ: GOOG), Amazon.com (NASDAQ: AMZN), Microsoft Corp. (MSFQ, eBay, Inc. (NASDAQ: EBAY), Forgent Networks, Inc. (NASDAQ: FORG)
Business Overview
Scientigo, Inc (OTCBB: MKTE) provides leading edge products and technology in the areas of intelligent document recognition, intelligent content integration, next generation search and web conferencing. Scientigo owns patents that address a set of key technical protocols, referred to as XML (Extensible Mark-up Language), a popular standard used to support the exchange of documents over the Internet. XML forms a basic building block for “web services” and the “semantic web.” These protocols are embedded in software developed by large and small companies, including, for example Microsoft (NASDAQ: MSFT) and Intl Bus. Machines (NYSE: IBM).
The Company has established an exceptional intellectual property team Sterne, Kessler, Goldstein & Fox (www.skgf.com); Inflexion Point Strategy (www.ip-strategy.com) and Wilson, Sonsini, Goodrich and Rosati (Google’s NASDAQ: GOOG former Counsel) (www.wsgr.com). The Company is working with the members of its intellectual property team to sell the aforementioned patents, implement a comprehensive intellectual property strategy, and secure additional intellectual property protection on its other inventions.
Key Point #1-Aggressive and growing “Intellectual Property Licensing Program” for its Patent Portfolio offers Scientigo an Opportunity for Rapid Revenue and Earnings Growth Potential.
A unique and significant opportunity to leverage aspects of its intellectual property portfolio may presently exist. The company owns patents that address a set of key technical protocols, referred to as XML (Extensible Mark-up Language), a popular standard used to support the exchange Bus ess&OtessAutrhatton of documents over the Internet. XML forms a basic building block for “web services” and the “semantic web.” These protocols are embedded in software developed by large and small companies, including, for example Microsoft and IBM.
Additionally, many companies exchanging documents over the Internet use XML and related services. XML and extensions of XML increasingly are playing a major role in the growth and proliferation of Internet businesses, e-commerce and business process automation. For example, Amazon (NASDAQ: AMZN) has embarked on a project, dubbed “Amazon Anywhere,” to make available the extensive product information in its databases to other developers, so that independent developers can develop Amazon.com-like storefronts to sell products distributed through Amazon.
Key to this project is repackaging Amazon’s data in XML format. Amazon: Giving Away the Store. Technology Review, Jan. 2005 at p. 30. Jeff Barr, program manager for Amazon Web Services noted, “[ojnce we had incorporated XML, we realized that ‘Wow, the future is here. We are the first to do this.” Id. By November 2004, the number of developers participating in Amazon Web Services had grown to 65,000. Amazon will not disclose revenues generated through the project, however,
industry experts estimate that sites using the company’s Web services send 10 Million requests a day to Amazon servers. Id. “Amazon is far from the only company exploring web services.” Id. Other examples that illustrate how major corporations are developing services that leverage XML further demonstrate the proliferation of XML and highlight its future importance. IBM, for example, has opened its Websphere server software, built on standards, such as XML, to outside developers and expects to invest $18 in 2005 in new business-to-business Web services, according to Michael Liebow, director of Web services for IBM Global Services. As of early 2005, WebSphere software had nearly 90,000 users, and IBM refers to the WebSphere Application Server as “the foundation of the IBM software platform.” One IBM creation based on WebSphere is a system that uses XML and other standards to tie together the disparate databases used by merchants, banks, and credit card firms, helping to resolve disputed credit card charges faster. A multitude of other such examples exist.
For example, e-Bay’s (NASDAQ: EBAY) Developers Program is a program dedicated to helping third parties integrate their businesses with the eBay Platform. XML provides a fundamental aspect of e-bay’s developer program. Ebay hosts an XML Developers’ Website. As an additional example, Google buttressed their XML activities by recently hiring Adam Bosworth, famous to software developers for developing the HTML engine in Microsoft’s Internet Explorer and for his pioneering work on XML. As a final example, Oracle includes at least seven products on its website that support XML, including XMLDB, a standard option that ships with the Oracle 9i database. Demonstrating the growing significance of intellectual property related to XML and webs services.
On December 6, 2004 a patent portfolio related to web services owned by Commerce One was sold for $15.5M in a bankruptcy auction in San Francisco. Scientigo recently assembled and retained Sterne, Kessler, Goldstein & Fox, P.L.L.C. (“SKGF”), Wilson Sonsini Goodrich & Rosati (“WSGR”), and Inflexion Point Strategy LLC to support this effort. The team will be led by Doyal Bryant, CEO and Paul Odom, Chief Scientist overseeing the development of Scientigo’s patents; Robert G. Sterne, Founder and Director, SKGF; Donald J. Featherstone, Director, SKGF; Trevor Chaplick, Partner, WSGR; Michael Raschid, Partner; WSGR; and Ron Laurie, Co-Founder and Managing Director, Inflexion Point Strategy. (SEE KEY POINT #3 FOR EXTENDED BIOS) Scientigo has a growing intellectual property portfolio that includes patents, patent applications and innovations that may be of interest to parties involved in search technologies, XML applications and other data management applications. The recent auction of the CommerceOne patent portfolio related to XML applications sold for over $15 million highlights the potential value of IP assets in this area.
Two Companies Implementing “Intellectual Property Licensing Programs”
• Ampex Corporation (Just moved to Nasdaq: Was Trading on OTCBB: AEXCA Now Nasdaq: AMPX) Current Stock Price $36.50 has an active, aggressive, and currently successful program of licensing its intellectual property in the areas of rapid image retrieval and display, image data shuffling, feed forward quantization, and high speed image decoding. Existing royalty arrangements include license agreements with Canon, Sanyo and Sony.
• Forgent Networks, Inc. (Nasdaq: FORG) currently generates a majority of its revenues and cash flow from the worldwide licensing of its patent portfolio related to its data-compression technology. Forgent now has license agreements with 38 companies. Since Forgent began its aggressive intellectual property program a little over three years ago, it has generated more than $100 million in royalties and lump sum payments.
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Key Point #2-Scientigo has invested over $20 million dollars and 40 man-years in developing a portfolio of revolutionary patents in the field of data Capture, storage and retrieval. MKTE is Working on 14 pilot projects and is Currently Invoicing Continental DataGraphics (CDG) a Boeing Company (NYSE: BA).
Scientigo has invested over $20 million dollars and 40 man-years in developing a portfolio of revolutionary patents in the field of data capture, storage and retrieval. The company is highly focused on deploying its suite of innovative software services based upon these core technologies a well as aggressively licensing them to partners. Using these patents as our architectural foundation, our software relies not on one technological advantage, but a powerful combination of tagging, storage, and analytical advances that apply to large volumes of distributed structured and/or unstructured data. We believe these will prove to be revolutionary capabilities that provide industry-transforming solutions. Patent # 5,842,213: Method for Modeling, Storing, and Transferring Data in Neutral Form Patent #
6,393,426: CIP for Method for Modeling, Storing, and Transferring Data in Neutral Form Patent # 6,516,320: Tiered Hashing for Data Access Patent # 6,370,534: Blocking Techniques for Data Storage Published: Topic Identification and Use Thereof During Information Retrieval Operations
SCIENTIGO INTELLECTUAL PROPERTY ASSETS RELATED TO XML The Company believes that two of its issued patents have significant commercial value. These patents are U.S. Patent No. 5,842,213, entitled Method for Modeling, Storing and Transferring Data in Neutral Form, issued on Nov. 24, 1998 (“the ‘213 Patent”) and U.S. Patent No. 6,393,426, also entitled Method for Modeling, Storing and Transferring Data in Neutral Form, issued May 21, 2002 (“the ‘426 Patent”). The ‘426 Patent is a continuation of the ‘213 Patent. The ‘213 Patent has a filing date of January 28, 1997.
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Key Point #3-Strong and Seasoned Management
Managment at Scientigo
Doyal Bryant, CEO. Mr. Bryant has over 25 years experience in senior corporate management, product development, financing, operations and sales in all of the Company’s combined product areas. He joined Market Central when the Company acquired Convey Systems in which Mr. Bryant was an owner and President and CEO. Prior to Convey, Mr. Bryant held senior management or ownership positions in companies that provided financial and technical due diligence services for major investment banking firms with transactions valued at over $300 million. He played an integral part in the growth and development of major telecommunication companies such as ZTEL, Premiere Technologies, CommSouth, Talk.Com, PrimeTec International, and ATMNet. His companies have developed international joint venture agreements and investment transactions for Voice, V0IP, and Internet related services in Canada Mexico , Australia , Japan , Hong Kong , as well as several European and South American countries. Mr. Bryant holds a B.S. in business administration from Drury College in Missouri and has performed additional studies at Oxford University in England.
Mickey Clark, CFO. Mr. Clark has been the Company’s VP of Finance since February 2001 and a director since July 10, 2001. From 1999 to 2001, Mr. Clark served as Vice President of Finance for Gibralter and other entities comprising Gibralter Publishing, Inc. Mr. Clark served as President of Kane Realty from 1994 through 2001, and was also President of Parallel Corporation from 1991 through June 2002. Mr. Clark’s experience includes more than 25 years in numerous financial and accounting roles, including 11 years with Price Waterhouse and five years in the venture capital arena. Mr. Clark has a Bachelor’s degree in Business Administration from the University of North Carolina at Chapel Hill
• Paul Odom, SVP of Software Applications and Solutions. Mr. Odom was formerly the Founder, President, and Chief Technology Officer of Pliant Technologies Inc. where he created a revolutionary information management technology. He joined Market Central when the assets of Pliant were acquired by the Company in 2003. Before forming Pliant Technologies Inc., he was Vice President of Magisys Inc. where he led the design and implementation of software applications for oil field operations. As Manager of Process Systems Software for M. W. Kellogg from 1988 to 1994, he had the responsibility for the development of software to automate engineering design processes. In addition, Mr. Odom has more than 16 years of experience in leading edge software applications development in the Oil and Gas industry, working with Dixie Corporation, ARCO Chemical Company, and The Standard Oil Company of Ohio . Mr. Odom has a Bachelor’s degree in Chemical Engineering from the University of Arizona and currently holds 5 patents in the area of information management and engineering.
• Dale Field, EVP, Strategic Planning and Operations. Mr. Field began his career at Dominion Bancshares where he distinguished himself as the top graduate of the company’s three-month financial training program. Subsequently, at Deloitte Consulting, he focused initially on finance, operations and strategy, and soon added technology to his skill- set by leading implementations of ERP and Supply Chain solutions, as well as developing strategies and methodologies for the emerging ebusiness market. Dale later served at VP of Operations and Solutions for Intelligenxia, an Intelligent Document Recognition software company focused on solving the problems associated with unstructured data management. There, he managed the professional services organization and oversaw the development of tools and methodologies to ensure consistent results and satisfied customers. He also packaged software and services into marketable solutions, and developed the collateral material and pricing models to go along with delivery of these solutions. Most Recently, Dale was a founding partner with Asset Growth Strategies, a venture capital and venture consulting firm, where he contributed to the success of a number of entrepreneurial firms. Dale earned a bachelor’s degree in Finance from The University of Alabama and an MBA from Tulane University with a full-tuition fellowship. Dale also attended postgraduate executive education classes at Northwestern University.
Intellectual Property Team Members. Scientigo has assembled a world class team of IP professionals. This IP “Dream Team” includes:
• Sterne, Kessler, Goldstein, Fox. Rob Sterne, Founding Partner. Mr. Sterne specializes in intellectual property issues in the electronics, computer, telecommunications, Internet, e-commerce and business method technology areas. With advanced technical training in electronics from Tufts University, he has over 20 years of legal experience in all aspects of P including strategic planning, protection, licensing and litigation. He Is internationally recognized as an expert on software and business method patents, having been the lead attorney for IBM in the Federal Circuit test case that led to the USPTO Software Patent Guidelines.
• Sterne, Kessler, Goldstein, Fox. Michael Specht, Associate. Mr. Specht brings to Scientigo’s IP Team a unique combination of over fourteen years of technical, legal and business development experience. Prior to joining the firm, he co-founded a high speed Internet company, practiced law at a technology law firm, served as a Senior Engineer at the Federal Communications Commission and designed, analyzed and implemented telecommunications systems and networks in the United States and other countries.
• Sterne, Kessler, Goldstein, Fox. Don Featherstone, Director. In addition to strategic patent portfolio creation and management, Mr. Featherstone’s practice includes preparing opinions, technology agreements, IP audits and performing due diligence investigations. Mr. Featherstone is the co- chairman of the firm’s Nanotechnology Practice Group and chairman of the firm’s Support Services Committee. Before joining Sterne Kessler in 1988, he was a patent examiner of semiconductor devices for the United States Patent and Trademark Office.
• Inflexion Point Strategies, LLC. Ron Laurie, Managing Director. Ron has worked in Silicon Valley for over 40 years, first as a software engineer and then as one of the nation’s top intellectual property lawyers. As an attorney, Ron advised computer, communications, semiconductor, media and financial services companies on IP strategy—a subject he taught at Stanford and U.C. Berkeley law schools— with a focus on the strategic use of IP assets in complex business transactions. Ron was a founding partner of the Silicon Valley offices of Skadden Arps and Weil Gotshal, and led IP teams in some of the largest technology deals in history, worth over $50 billion. Ron has been listed in virtually every peer review survey of leading IP lawyers including Top 25 California IP Lawyers, Best Lawyers in America,
America’s Leading Business Lawyers, Global Counsel 3000, and International Who’s Who of Business Lawyers.
• Wilson, Sonsini, Goodrich, & Rosati. Trevor Chaplick Founding and Managing Partner, Reston VA office.Trevor represents technology and growth companies, underwriters, and venture capital funds in a broad range of corporate and transactional matters, including public offerings, mergers and acquisitions, venture capital financings, and general corporate/securities law matters.
• Wilson, Sonsini, Goodrich, & Rosati. Michael Raschid, Reston VA office. Michael’s practice focuses on the representation of technology companies, from start-ups to Fortune 500 enterprises. He has advised companies in the information technology, telecommunications, semiconductor, biotechnology, pharmaceutical, and life sciences industries. Michael has handled a wide range of technology-related transactions for his clients, including joint ventures, strategic alliances, and outsourcing agreements, as well as manufacturing, marketing, and distribution arrangements. He also has assisted clients with numerous technology and content licensing transactions.
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Key Point #4-Innovative and Breakthrough Information Classificaton and Search Technologies for Enterprise or Web use, that provides HIgh Performance and Significant Cost Savings on Technical Resources.
Scientigo’s unique, Xntelligent Classification and Search (KS) recognizes the user’s intent as well as the context of their search. This advanced and proprietary deductive search process produces a small set of personally relevant results. It’s a search engine that learns. Using artificial intelligence, searches get progressively smarter and more accurate, regardless of location and type, including documents, databases and applications such as email, or even scanned paper documents. ICS calculates appropriate topics based natural language analysis of the user’s search input and the contents of results the user selects. ICS works with the Scientigo architecture on standard Windows systems, searching tens of millions of records in milliseconds to achieve exceptional performance at a fraction the cost of other systems. Scientigo ICS significantly increases knowledge workers’ productivity and enterprise’s knowledge management, while dramatically reducing the technical resources required to develop and maintain databases and search applications.
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Key Point #5-Technical Chart Analysis Indicates Breakout at $2.50
Recent Press Announcements
Scientigo Headlines
• June 23, 2005-TFN, The Football Network Announces Collaboration with Scientigo; TFN Selects Scientigo to Power its Football Search -
• May 24, 2005-Scientigo Completes Sale of its eCommerce Division, Contact Call Center -
• March 29, 2005-Market Central Announces That It’s Doing Business as Scientigo -
d.b.a. Scientigo- -
• March 23, 2005-Market Central -cf.b.a. Scientigo- Announces License Agreement of Its Intelligent Document Recognition -IDR- Solution
• February 22, 2005-Market Central Announces Changes to Its Board of Directors; New Directors Bring Wealth of Industry Experience to Market Central Board -
• FEBRUARY 02, 2005 -Market Central Launches Intellectual Property Asset
Management Program
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Companies mentioned: Boeing (NYSE: BA), Ampex Corporation (NASDAQ: AMPX), Intl Bus. Machines (NYSE: IBM), Google, Inc. (NASDAQ: GOOG), Amazon.com (NASDAQ: AMZN), Microsoft Corp. (MSFT), eBay, Inc. (NASDAQ: EBAY), Forgent Networks, Inc. (NASDAQ: FORG)
Disclaimer: (MM) is an electronic publication. The information, opinions and analysis contained herein are based on sources believed to be reliable but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. Past performance of stocks or mutual funds is no guarantee of future results. This report is a paid advertisement and is for information purposes only and should not be used as the basis for any investment decision. MM has been paid four thousand two hundred fity dollars by MKTE for preparation and distribution of this report and other advertising services over the next thirty days. MM is not an investment advisor and this report is not investment advice. This information is neither a solicitation to buy nor an offer to sell securities but is a paid advertisement. Information contained herein contains forward-looking statements and is subject to significant risks and uncertainties, which will affect the results. The opinions contained herein reflect our current judgment and are subject to change without notice. MM and/or its affiliates, associates and employees from time to time may have either a long or short position in securities mentioned. |
