Legacy IP Announces its Smartphone Digital Wallet Patent Application Number 12/650,278

Santa Cruz, CA (PRWEB) November 16, 2011

Legacy IP announced today they're exploring the sale and or licensing of their US patent application 12/650,278, entitled HAND-HELD ELECTRONICS DEVICE FOR AGGREGATION OF AND MANAGEMENT OF PERSONAL ELECTRONIC DATA. The application reads on a smartphone with credit card management and transaction technology.

"In 2008 we invented a new smartphone that incorporates the technology of both contact and contactless credit cards. Our idea merges a smartphone with credit card and smart card transaction capabilities to create the world's first digital wallet. The invention enables the user to store and access all their credit card and personal identification data within a smartphone. Once the data is captured the user can access any of their credit cards by selecting them through the associated software app. Once the user has selected the credit card they'd like to use the card data is written to an internal rewritable blank smart card which is stored within the smartphone, after which the card ejects and is ready for use in transactions according to Peter Garrett, CEO of Legacy IP.

US patent application 12/650,278 represents a growing trend in the integration of credit card transaction technology and smartphones. With the launch of Googles Mobile Wallet and Googles recent acquisition of Motorola Mobility were confident this market will continue to expand and the demand for IP that reads on this technology will grow with it, said Paul Regen, President of Legacy IP.

Legacy IPs smartphone IP portfolio continues to grow. At present there are three applications (12/650,278, 12/651,214 and 12/559,671), all with filing dates reaching back to 2008.

About Legacy IP:

Digital Texts Schoolbooks Enter the Information Age

Tampa, FL (PRWEB) December 29, 2009

The average college students textbook bill can run more than $ 1,200 a year. In a decade already marked by economic recession, high unemployment and dwindling student loans, that amount of money can be a huge burden. But if organizations like Orange Grove Texts Plus have their way, expensive and bulky paper textbooks might be a thing of the past.

Orange Grove Texts Plus is a partnership between the University Press of Florida (the Florida university systems nonprofit publishing arm), Integrated Book Technology (a Virginia publisher) and The Orange Grove (Floridas digital database of K-20 teaching material). This program offers students digital versions of over 140 textbooks and scholarly monographs for free, and bound printed versions for $ 30 to $ 50. Eventually, Orange Grove Texts Plus plans to stock more than 1600 titles.

Students Ready, But Others Might Not Be

Even with programs like Orange Grove Texts Plus springing up all across the country Governor Arnold Schwarzenegger of California recently started such an initiative for his states high schools digital textbooks only make up about 2% of the current market. But it is seldom students who resist this kind of technology. After all, theyve grown up with computers and the Internet theyre accustomed to getting their information online. Studying on a laptop, smart phone or wireless reading device is hardly a stretch for them.

However, college and university faculty members are another story and sometimes with good reason. Jack Mecholsky, chair of the University of Floridas Faculty Senate, recently told Inside Higher Ed that If the state amasses a library of free books selected without faculty input, it may be only a matter of time before some lawmaker with a populist streak tries to mandate that faculty assign only those books in their classes.

Thats the danger, and I could see that happening, said Mecholsky. What happens is lawmakers have just made an academic decision that that textbook is right for all professors and all students taking that course, and thats wrong. He also went on to note that It sounds so good the way they present it, but then you say what are the unintended consequences? And they dont think about that at all. Were constantly fighting things like that.

An Idea Whose Time Has Come

Unintended consequences or not, the move to digital course materials is probably inevitable. A government study recently found that textbook prices have ballooned at twice the annual inflation rate over the past 20 years. This has become such a burden to students that some states have passed legislation aimed at making them more affordable, and for-profit businesses now see an opportunity to break into the digital textbook market.

CourseSmart is a company that has over 7,300 titles that students can buy at a significantly lower price than the traditional paper versions. And Amazon.com, now the largest book retailer in the U.S., is taking part in a study with seven universities to evaluate the success of digital textbooks. So even if free programs like Orange Grove Texts Plus dont emerge as the standard, it appears that lower-cost, course materials are going to become more and more common in the coming years.

Its a safe bet that few students will choose to strain their already-thin wallets on bulky textbooks if a less expensive option is made available. And course materials that can be stored and read on a computer or smart phone will appeal to todays tech-savvy college students in any case. Even if it takes several more years for the trend to fully catch on, the time has come for textbooks to enter the digital era.

SOURCE U.S. News University Directory Providing comprehensive and unbiased information on more than 2,000 academic institutions directly from U.S. News & World Report, the most trusted source for college and university rankings since 1983. Search America's Best Colleges and America's Best Graduate Schools offering associates degrees, bachelors degrees, masters and MBA degrees, doctoral and PhD degrees, and certificate programs. And because U.S. News is the leading ranking resource for anyone seeking an on-campus or online degree, students who use the directory are getting the best education advice and information available.

ARTICLE http://www.usnewsuniversitydirectory.com/digital-textbooks.aspx

Contact:

Matthew Speer, Director, Sales and Marketing

U.S. News University Connection

866-442-6587

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More Textbooks To Buy Press Releases

New Pearson Foundation Survey: Students Who Own Tablets More Likely To Favor Digital Textbooks

Washington, DC (PRWEB) May 25, 2011

Students who own tablet devices are far more likely to favor digital formats for their textbooks than non-tablet owners, and the overwhelming majority of student tablet owners believe the devices are valuable for educational purposes, according to a new survey from the Pearson Foundation.

The survey reveals more than 70 percent of college students and college-bound high school seniors are interested in owning their own tablet device, with nearly 20 percent intending to purchase a tablet in the next six months.

The Pearson Foundation Survey on Students and Tablets was conducted to gauge college students and college-bound high school seniors opinions about digital device ownership and purchase intent; perceptions towards tablets; tablet usage and features of interest; and preferences between digital or print formats when reading, studying and doing other school-related activities. The survey was conducted online in March 2011 by Harris Interactive on behalf of the Pearson Foundation among 1,214 college students and 200 college-bound high school seniors. The survey is the first in a series of surveys to assess students use, acceptance and preferences when using mobile technology for learning.

Although current ownership of tablets is still low among those surveyed (seven percent of college students and four percent of college-bound high school seniors), nine out of 10 tablet owners say the devices help students study more efficiently (86%), and three-quarters believe tablets help students perform better in class (76%).

The level of enthusiasm shown by the survey respondents underscores the potential of mobile technology to transform college and high school learning, particularly with regard to digital course materials, said Mark Nieker, president of the Pearson Foundation.

The Pearson Foundation works across the educational spectrum and seeks to better understand the student experience and what helps them to excel. The Foundation has conducted several surveys including: the Pearson Foundation Community College Student Survey and the Pearson Foundation Early Childhood Education Perception Poll.

The survey was conducted online within the United States by Harris Interactive on behalf of the Pearson Foundation between March 8-31, 2011, among 1,214 college students and 200 college-bound high school seniors. Qualified college students were US residents between the ages of 18 and 30 who were enrolled in a two-year college, four-year college or university, or graduate school. Qualified college-bound high school seniors were US residents age 17 or 18, enrolled as seniors in high school and intending on enrolling in a two-year or four-year college upon graduation. No estimates of theoretical sampling error can be calculated. The Pearson Foundation will make the full methodology including weighting variables, cross tabulations, and the underlying SPSS data file available upon request.

About the Pearson Foundation

The Pearson Foundation extends Pearsons (NYSE:PSO) commitment to education by partnering with leading nonprofit, civic, and business organizations to provide financial, organizational, and publishing assistance across the globe. The Foundation aims to make a difference by sponsoring innovative educational programs and extending its educational expertise to help in classrooms and in local communities. More information on the Pearson Foundation can be found at http://www.pearsonfoundation.org.

About Harris Interactive

Harris Interactive is one of the worlds leading custom market research firms, leveraging research, technology and business acumen to transform relevant insight into actionable foresight. Known widely for the Harris Poll and for pioneering innovative research methodologies, Harris offers expertise in a wide range of industries including healthcare, technology, public affairs, energy, telecommunications, financial services, insurance, media, retail, restaurant, and consumer package goods. Serving clients in over 215 countries and territories through our North American, European, and Asian offices and a network of independent research firms, Harris specializes in delivering research solutions that help usand our clientsstay ahead of whats next. For more information, visit http://www.harrisinteractive.com.

For more information:

Pearson Foundation: Stacey Finkel

(703) 304-1377

Stacey(dot)finkel(at)pearsonfoundation(dot)org

Pearson: Susan Aspey

(800) 745-8489

Susan(dot)aspey(at)pearson(dot)com

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