(Source: Business Wire)

Ocean Tomo, LLC, the Chicago based Intellectual Capital Merchant Banc®
firm and provider of diversified intellectual property-related services,
announced the annual reconstitution of the Ocean Tomo 300® Patent Index,
(NYSE Euronext: OTPAT).
The Ocean Tomo 300® Patent Index (OTPAT) is the industry's first index
based on the value of intellectual property, representing a diversified
portfolio of 300 companies that own the most valuable patents relative
to total corporate book value. New company constituents contributing to
the performance of the Index include: AT&T,
weighting 3.14% (NYSE: T); BP,
weighting 3.69% (NYSE: BP); Chevron,
weighting 3.18% (NYSE: CVX); Canon,
weighting 1.04% (NYSE: CAJ). These new constituents join the top
contributing companies continuing from last year including: Microsoft
(5.10% weighting); Royal
Dutch Shell, PLC (3.82% weighting) and Apple
(3.51% weighting) in driving the performance of the Index.
Index Composition
Potential constituents include all equities trading on major U.S.
exchanges that are among the 1000 most liquid securities. This group is
then narrowed to a universe of companies that own patents and divided
into 50 style and size groups, ranked by their Innovation Ratio, a 100%
rules-based methodology that identifies those securities with the
greatest patent value relative to book value. The six highest ranking
securities in each of the 50 groups are selected and weighted by market
capitalization.
Innovation Ratio
The Ocean Tomo PatentRatings® system calculates a company's Innovation
Ratio, the value of their patent portfolio divided by total corporate
book value. The Ocean Tomo PatentRatings®
system is the most advanced web-based patent data, ratings and
analysis platform designed for objectively assessing patent quality,
relative value, relevant patents and technologies, competition, and
competitive trends. Built upon patented methodologies, (US Patent No. 6,556,992)
the system shows interrelationships among all U.S. patents with a
numerical relevance score. No other analysis and research tool combines
patent quality metrics with other competitive portfolio assessment on a
single accessible platform.
Performance
From its inception in January 2007 through October 31, 2009, the Ocean
Tomo 300® Patent Index has outperformed the S&P® 500 by 10.02%. This
performance confirms the not only the relevance of the OT300 as the
natural benchmark for the U.S. economy, but also speaks to the
importance of objectively valuing patents owned by publicly traded
companies to provide a more accurate picture of corporate health.
Seeking IP Alpha
The Ocean Tomo 300® Patent Index underlies the Claymore/Ocean Tomo
Patent ETF (NYSE Arca: OTP). OTP is ranked #1 out of all 392 ETFs since
inception in terms of information ratio and has outperformed SPY in 22
of out 22 rolling one-year periods.
About Ocean Tomo, LLC
Established in 2003, Ocean Tomo, LLC (www.OceanTomo.com)
is the leading Intellectual Capital Merchant Banc® firm. The
company provides financial products and services related to Intellectual
Property financial expert testimony, valuations, investments, risk
management and transactions. Headquartered in Chicago, Ocean Tomo
has offices in Greenwich, Orange County Palm Beach and San Francisco.
Subsidiaries of Ocean Tomo include: Ocean Tomo Risk Management,
LLC; OTI Data Networks, LLC (www.OTI.com)
; Patent Marking LLC; (www.PatentMarking.com);
Ocean Tomo Asset Management, LLC; and Ocean Tomo Capital, LLC -- publisher of the Ocean Tomo 300® Patent Index (NYSE Euronext: OTPAT),
the Ocean Tomo 300® Patent Growth Index (NYSE Euronext: OTPATG)
and the Ocean Tomo 300® Patent Value Index. Ocean Tomo is the
founder and majority owner of the Intellectual Property Exchange
International (www.IPXI.com)
as well as the exclusive licensee and distributor of PatentRatings®
software solutions.
A service of YellowBrix, Inc.