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Title: US5835896: Method and system for processing and transmitting electronic auction information
[ Derwent Title ]


Country: US United States of America

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Inventor: Fisher, Alan S.; Fremont, CA
Kaplan, Samuel Jerrold; Hillsborough, CA

Assignee: Onsale, Inc., Menlo Park, CA
other patents from ONSALE, INC. (747985) (approx. 3)
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Published / Filed: 1998-11-10 / 1996-03-29

Application Number: US1996000623654

IPC Code: Advanced: G06Q 30/00;
Core: more...
IPC-7: G06F 15/300;

ECLA Code: G06Q30/00C4;

U.S. Class: Current: 705/037; 705/027;
Original: 705/037; 705/027;

Field of Search: 395/201,226,227,237,244,240 283/056 340/825.26,825.27,825.28,825.29 902/022,24 379/091-93 705/001,26,27,37,44

Priority Number:
1996-03-29  US1996000623654

Abstract:     A system and method for conducting a multi-person, interactive auction, in a variety of formats, without using a human auctioneer to conduct the auction. The system is preferably implemented in software. The system allows a group of bidders to interactively place bids over a computer or communications network. Those bids are recorded by the system and the bidders are updated with the current auction status information. When appropriate, the system closes the auction from further bidding and notifies the winning bidders and losers as to the auction outcome.

Attorney, Agent or Firm: Tachner, Adam H.Crosby, Heafey, Roach & May ;

Primary / Asst. Examiners: Poinvil, Frantzy;

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Designated Country: AL AM AP AT AZ BA BB BG BR BY CA CH CN CU CZ DE DK EE EP ES FI GB GE GH HU IL IS JP KE KG KP KR KZ LC LK LR LS LT LU 

Family: Show 28 known family members

First Claim:
Show all 4 claims
What is claimed is:     1. In a computer network enabling communication between a host computer and a plurality of remote customers, an auction information transmission and processing system implemented as a computer program within said host and network, said system comprising:
  • a merchandise database connected in communication with said host for storing merchandise information, said merchandise information being descriptive of a lot available for purchase by a customer;
  • a bid database in communication with said host for storing bid information, said bid information being descriptive of a bid received from one of said remote customers;
  • an auction manager implemented in said server and in communication with said databases;
  • an electronic mail messenger in communication with said auction manager and said bid database;
  • a bid validator, including means for receiving bids from said customers, connected to said auction manager and in communication with said bid database;
  • wherein said auction manager induces a customer to bid across said network on a lot of merchandise by posting a descriptive merchandise catalog page containing data from said merchandise database, said customer views across said network said catalog page and sends a bid to said bid validator across said network, said bid validator determines whether said bid is valid, said bid database stores said bid, said auction manager determines whether said bid is successful, and said electronic mail messenger notifies said customer whether said customer's bid was determined to be successful by said auction manager.


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Forward References: Show 350 U.S. patent(s) that reference this one

       
U.S. References: Go to Result Set: All U.S. references   |  Forward references (350)   |   Backward references (16)   |   Citation Link

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PDF
Patent  Pub.Date  Inventor Assignee   Title
  US3581072  1971-05 Nymeyer   AUCTION MARKET COMPUTATION SYSTEM
Buy PDF- 15pp US4677552  1987-06 Sibley, Jr.   International commodity trade exchange
Buy PDF- 52pp US4799156  1989-01 Shavit  Strategic Processing Corporation Interactive market management system
Buy PDF- 28pp US4903201  1990-02 Wagner  World Energy Exchange Corporation Automated futures trading exchange
Buy PDF- 22pp US5063507  1991-11 Lindsey et al.  Plains Cotton Cooperative Association Goods database employing electronic title or documentary-type title
Buy PDF- 19pp US5101353  1992-03 Lupien et al.  Lattice Investments, Inc. Automated system for providing liquidity to securities markets
Buy PDF- 29pp US5136501  1992-08 Silverman et al.  Reuters Limited Anonymous matching system
Buy PDF- 53pp US5168446  1992-12 Wiseman  Telerate Systems Incorporated System for conducting and processing spot commodity transactions
Buy PDF- 14pp US5243515  1993-09 Lee   Secure teleprocessing bidding system
Buy PDF- 11pp US5258908  1993-11 Hartheimer et al.  Foreign Exchange Transaction Services, Inc. Detection and prevention of duplicate trading transactions over a communications network
Buy PDF- 15pp US5305200  1994-04 Hartheimer et al.  Foreign Exchange Transaction Services, Inc. Financial exchange system having automated recovery/rollback of unacknowledged orders
Buy PDF- 34pp US5325297  1994-06 Bird et al.  System of Multiple-Colored Images for Internationally Listed Estates, Inc. Computer implemented method and system for storing and retrieving textual data and compressed image data
Buy PDF- 14pp US5329589  1994-07 Fraser et al.  AT&T Bell Laboratories Mediation of transactions by a communications system
Buy PDF- 16pp US5375055  1994-12 Togher et al.  Foreign Exchange Transaction Services, Inc. Credit management for electronic brokerage system
Buy PDF- 11pp US5394324  1995-02 Clearwater  Xerox Corporation Auction-based control system for energy resource management in a building
Buy PDF- 20pp US5426281  1995-06 Abecassis   Transaction protection system
       
Foreign References:
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PDF
Publication Date IPC Code Assignee   Title
Buy PDF FR2658635A 1991-08  G06F 15/21 INFORMATIONS VENTES PUBLIQUES PROCEDE ET SYSTEME DE TRAITEMENT D'ENCHERES. 
Buy PDF NL9300266 1994-09  G01D 13/00 THEODOOR HUBERTUS MARIA JOSEPHUS SMEETS Geautomatiseerd verkoopsysteem. 
  WO1992WO015174A 1992-09       
  WO1996WO034356A 1996-10       


Other Abstract Info: DERABS G97-503308

Other References:
  • "Onsale: Onsale brings thrill of Auctions and Bargin hunting online; unique internet retail service debuts with week-long charity auction for the Computer Museum in Boston", Business Editors/Computer Wriuters, May 24, 1995, Dialog file 610, Accession No. 0489267.
  • Dialog(R) File 610:Business Wire (c) 1997 Business Wire, "Onsale: Onsale Brings Thrill of Auctions and Bargain Hunting Online: Unique Internet retail service debuts with week-long charity auction for The Computer Museum in Boston", Mountain View, CA, May 22, 1995.
  • Dialog(R) File 16:Promt(R) (c) 1995 Information Access Co., "Car auction reaches into space", Automotive News, Nov. 25, 1991, p. 6.
  • Dialog(R) File 609:KR/T Bus. News (c) 1995 Knight-Ridder/Tribune Bus News., "California Computer Auctions No Boon For Bargain Hunters", Sep. 13, 1993, by Tom Schmitz, San Jose Mercury News, Calif.


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