IP Library Granted Patent US 7,302,404
Granted Patent B2
US 7,302,404 · App. 09/780,469 · Granted Nov 27, 2007

Method and apparatus for a network system designed to actively match buyers and sellers in a buyer-driven environment

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Quick Facts
Patent No.
US 7,302,404
App. No.
09/780,469
Granted
Nov 27, 2007
Kind
B2
Abstract

The present invention is a method for using a computer connected to a network to match buyers and sellers, the method including: receiving a buyer request from a buyer, the buyer request including a request to purchase a good or service, having the computer search sites on the network for sell ads from sellers, each of the sell ads referring to an advertised good or advertised service, matching the buyer request with at least one of the sell ads, and notifying the associated seller for each matched sell ad that the buyer has requested a good or service similar to the advertised good or advertised service advertised in the matched sell ad. According to some embodiments of the method and system, both a seller and a buyer may be identified and matched up without either sending a request.

Claims (9)

1. A method of facilitating a transaction using a computer connected to a network to match buyers and sellers, the method comprising:

having said computer search websites on said network for want ads from buyers, said want ads referring to a wanted good or wanted service;

having said computer search websites on said network for sell ads from sellers, said sell ads referring to an advertised good or wanted service;

having said computer match at least one want ad with at least one sell ad based on programmed rules; and

notifying the associated buyer who posted said want ad that at least one sell ad has been matched to said want ad.

2. A method according to claim 1 wherein said method further comprises:

notifying the associated seller for each matched sell ad that said notified buyer has requested a good or service similar to the advertised good or advertised service advertised in said matched sell ad.

3. A method according to claim 2 wherein said notifying the associated seller comprises:

inviting said notified seller to access said computer in order to said notified buyer.

Assignments (6)
SECURITY INTEREST Recorded Aug 1, 2019
From: P39 TECH LLC
To: ELM PARK CAPITAL MANAGEMENT, LLC
Reel/Frame 049928/0353 →
SECURITY INTEREST Recorded Aug 7, 2018
From: SIZMEK TECHNOLOGIES, INC.; X PLUS ONE SOLUTIONS, INC.; ROCKET FUEL INC.
To: CERBERUS BUSINESS FINANCE, LLC
Reel/Frame 046730/0579 →
RELEASE OF SECURITY INTEREST IN PATENTS Recorded Sep 15, 2017
From: WELLS FARGO BANK, NATIONAL ASSOCIATION
To: SIZMEK TECHNOLOGIES, INC.; POINT ROLL, INC.
Reel/Frame 043735/0013 →
ASSIGNMENT FOR SECURITY - PATENTS Recorded Sep 6, 2017
From: SIZMEK TECHNOLOGIES, INC.; POINT ROLL, INC.; ROCKET FUEL INC.
To: CERBERUS BUSINESS FINANCE, LLC, AS COLLATERAL AGENT
Reel/Frame 043767/0793 →
PATENT SECURITY AGREEMENT Recorded Sep 30, 2016
From: SIZMEK TECHNOLOGIES, INC.; POINT ROLL, INC.
To: WELLS FARGO BANK, NATIONAL ASSOCIATION
Reel/Frame 040184/0582 →
MERGER Recorded Sep 9, 2016
From: PEER39 INC.
To: SIZMEK TECHNOLOGIES, INC.
Reel/Frame 039683/0311 →