Ocean Tomo, LLC Announces New Constituent Companies to the Ocean Tomo 300 Patent Index

Thu Nov 5, 2009 1:26pm EST
 
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From Inception in January 2007 through October 31, 2009,OTPAT has outperformed
the S&P 500 by 10.02%
CHICAGO--(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.

Ocean Tomo, LLC
Media Contact:
Kristi Stathis
773-294-4360
kstathis@oceantomo.com

Copyright Business Wire 2009

 

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