Heritage
Global Partners (“HGP”), a global leader in asset advisory and
auction services and a subsidiary of Heritage Global Inc. (OTCQB:HGBL),
today announced that it has been retained by M17, Inc. to manage an
upcoming sale of all rights, patents, and technology of M17,
Inc. and The Egg. The Egg is a world-class oval-shaped speaker
system that combines a unique and efficient design with state-of-the-art
technology to deliver unparalleled acoustic sound.
HGP’s online sale will commence on January 30th, 2014 at 9:00 am PT and
will conclude at 4:00pm PT that day. Interested potential bidders are
strongly encouraged to visit the Virtual Data Room to access complete
information about the sale by contacting David Barkoff (contact info
below). Online visitors can also click on M17,
Inc. and The Egg for more information.
The auction includes a bulk sale of 9 granted or pending patents for The
Egg’s Speaker Driver and Design Application. Constructed from the ground
up by M17 Engineering, The Egg Speaker Driver has advanced built-in
acoustic knowledge, a super long throw woofer, and a cutting-edge linear
motor structure that delivers 30% more output than the competing brands
and more base for the same cost and size. Furthermore, the innovative
curved Design Application enclosure and volumetric efficient shape
diffuses internal sound and produces optimized frequency for
unparalleled 360W RMS.
“Our upcoming online auction sale of the patents and technology of M17,
Inc. and The Egg is an excellent opportunity for interested buyers from
around the globe to acquire superior speaker system technology patents
that significantly outpace the existing competition in terms of design
efficiency, sound quality and overall performance,” stated Heritage
Global Partners Director of Sales, David Barkoff.
Led by auction industry pioneers Ross and Kirk Dove, Heritage
Global Partners is one of the leading worldwide asset advisory and
auction services firms, assisting companies with buying and selling
assets. HGP specializes in asset brokerage, inspection, and valuations,
industrial equipment and real estate auctions, and much more. HGP is a
subsidiary of Heritage
Global Inc.
Copyright Business Wire 2014