IPWatchdog.com (PR 6) Auction Nearing Completion

The text below comes from a press release that will be distributed across the Intenret on Tuesday, October 2, 2007.

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Since IPWatchdog.com was originally launched in October 1999, it has been owned and maintained by Gene Quinn, a patent attorney, law professor, author and inventor. Now Quinn is selling the site and domain name via auction, and the auction is nearing completion. The auction will wrap up on Saturday, October 6, 2007 at 5:00pm Eastern Time. For information about the auction or to place a bid you can simply go to IPWatchdog.com and click on the “Bid Now” banner near the top right of the page.

IPWatchdog.com has managed to become one of the most popular intellectual property websites on the Interent. In addition to extraordinary search engine ranking for highly desirable terms in the competitive marketplace of intellectual property advertising via the Internet, the site has a Technorati ranking of 245,054 out of 107.7 million blogs tracked by the popular blog portal.

IPWatchdog.com also compares extremely favorably with other hot intellectual property websites, including IntelPropLaw.com, BitLaw.com, Patents.com and PatentCafe.com. For example, according to Compete.com, IPWatchdog.com has an average stay per visitor of 5 minutes and 53 seconds, which ranks first among this group, with IntelPropLaw.com at 4:01, BitLaw.com at 2:44, PatentCafe.com at 2:05 and Patents.com at :29. In terms of monthly rank IPWatchdog.com fares even better. According to Quantcast.com, IPWatchdog.com ranks first among this group with a ranking of 69,661 out of over 20 million websites on the Internet, while IntelPropLaw.com ranks 137,918, BitLaw.com ranks 250,241, Patents.com ranks 571,499 and PatentCafe.com ranks 294,480.

The starting bid for IPWatchdog.com was $10,000, and the present bid is $35,000. When asked about the bidding Quinn is excited and optimistic. “I have received a number of serious inquiries both online at the auction site and privately. Interest seems to be growing so I do believe the bidding will go higher, perhaps significantly higher,” Quinn said. When asked about whether a reserve has been set Quinn explained: “yes, I did set a reserve price, which is fairly common for these types of auctions. While I won’t say what the reserve price is I can tell you that the reserve price has not yet been met.”

When asked why he is now selling IPWatchdog.com Quinn explained that “it is time for me to move on. I am embarking on a new business related to the mentored writing of patent applications via an interactive software platform. With this new business I will not have the time to dedicate to keeping IPWatchdog.com fresh. I have taken it about as far as one person can. I will miss it no doubt, but it is time.”