The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.

The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.

Date of Patent:
Jul. 31, 2007

Filed:

Oct. 13, 1999
Applicants:

Stefan B. Edlund, San Jose, CA (US);

Daniel A. Ford, Los Gatos, CA (US);

Reiner Kraft, Gilroy, CA (US);

Inventors:

Stefan B. Edlund, San Jose, CA (US);

Daniel A. Ford, Los Gatos, CA (US);

Reiner Kraft, Gilroy, CA (US);

Attorneys:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 40/00 (2006.01);
U.S. Cl.
CPC ...
Abstract

A system and method of automating and managing bids within the context of an Internet auction is disclosed. The present invention permits continuous monitoring and verification of auctions on the Internet based on criterion such as highest bid on an item, maximum permissible bid, and a restriction on the number of successful bids in the auctions by any given participant (). The present invention permits embodiments incorporating an auction profile database () that is generated by an auction profile configuration tool () to act as input to an item search manager () that takes data from an item database () and control from an item selector () to then interact with an auction bid controller () that communicates with the remote auction site via an auction command interface (). In accordance with another embodiment of the present invention, an information processing system and computer readable storage medium is disclosed for carrying out the above method.


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