FireEar's home security video transmission patents to be auctioned

San Francisco, CA, October 31, 2012 -- Pluritas, LLC, a leading intellectual property transaction advisory firm, is conducting the sale of the patent assets of FireEar, Inc. as part of a Chapter 7 bankruptcy liquidation. The FireEar patent portfolio, consisting of three issued and one pending patents, captures years of market-leading innovation relevant to the billion-dollar market for home monitoring systems for accessing image/audio security data on smartphones/tablets and desktops.

On October 23, 2012, the Trustee in the matter accepted a stalking-horse offer. This offer is subject to overbid. The Sale Motion and Asset Purchase agreement have been filed with the court and are available for review at http://www.pluritas.com/campaigns/fireear along with detailed information about the patents.

In order to qualify, the prospective overbids must be received no later than 2:00 p.m. (Pacific Standard time) on November 14, 2012, If there is a qualifying overbid, the overbid session will take place on November 15, 2012 at 10:00 a.m. (Pacific Standard time), at Pluritas' office, 201 California Street, Suite 650, San Francisco, CA, 94111, and bidders may participate in person or by telephone.

For more information on this sale opportunity or to pursue due diligence of the assets, please contact Myron Kassaraba, at (415) 963-3790, ext 104 or email fireear@pluritas.com.

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