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Teleshuttle works as an innovation studio
envisioning a user-centric future of smartly connected people, things, and systems
developing and commercializing its innovations in collaboration with strategic partners

Areas of current development include:

FairPay - Digital commerce based on customer dialogs about value
– delight consumers with a new twist of "the invisible hand."

  • FairPay is an entirely new concept of what a price is and why -- an architecture for efficiently pricing digital content/services in the context of an ongoing relationship.

  • Set prices made sense for 20th Century mass retail, but not for infinitely reproducible digital offerings in a networked world.

  • FairPay shifts price setting to buyers and develops a buyer FairPay reputation based on Internet feedback.  This enables sellers to manage a cooperative process that goes beyond "freemium," to a far more efficient and dynamically adaptive hybrid of free and paid offerings. 

  • FairPay can delight consumers -- and sellers.  It makes value-based pricing work for consumers -- and for the businesses that serve them.

  • FairPay can be applied to digital content, software and/or services (as well as physical products) in a wide variety of ways.

  • Teleshuttle is talking to potential partners of all sizes about leading the way to this new era in digital commerce.

CoTV - linking Web browsing and mobile devices to TV viewing
– empower users with cross-screen integration of phones/tablets and TVs.

  • CoTV offers rich multi-screen UI features such as screen-shifting (much like Apple AirPlay and Google Chromecast).
  • CoTV exploits the fact that many users now watch TV on a large screen, while multitasking on a "companion" device (tablet, phone, or laptop).
  • CoTV makes it easy to work across multiple screens, screen-shifting video, linking browsing and discovery on one device to control presentation on a second device (a TV).

  • CoTV presents a huge opportunity to enhance the user experience by coordinating access to cross-device content that makes use of both screens.

  • CoTV creates highly profitable cross-device advertising opportunities that link the TV to direct response on the Web – and that makes ads more relevant and useful to consumers.
  • Just imagine that Google, Facebook, Twitter, IMDB, or any other Web service or app -- or advertiser -- knew what you were watching on TV...It is starting to happen now...
  • The first four Reisman CoTV patents issued in 2011-13, and six more in 2014.  Additional patents on a wide range of advanced video services are allowed or pending.

Search and the Social Web and Semantic Web (sold)
improve search by applying user feedback and context.

  • Apply feedback on which items are selected by others and what task/domain the user seeks relevance to ("apple" trees, computers, or Beatles music).
  • One patent that issued in 2005, relating to search and the "Semantic Web", plus six patents that issued 2006-2014, relating to search and the “Social Web” or "Social Search"
  • This portfolio was sold on 7/6/09 to RPX Corporation, the first defensive patent aggregator.

Internet push distribution and software update (sold)
personalize and automate information distribution to smart devices.

  • This technology relates to many Internet push applications, such as content channels, offline browsing, RSS, electronic software distribution (including "app stores"), and webcasting, as well as aspects of "smart-client" Web services, mashups, the mobile Web, and e-commerce.
  • The portfolio was licensed to BTG for commercialization it includes seven patents issued in 1997-2004, plus eleven issued since, and others still pending.
  • BTG's licensing efforts led to patent infringement suits against Microsoft and Apple
  • On 3/31/06, BTG announced the sale of these patent rights for $35 million, plus a share of future profits, and that BTG and Teleshuttle would no longer pursue those suits.  These patents are now controlled by Intellectual Ventures, and Teleshuttle continues to assist in their development.
  • On 10/6/11 Intellectual Ventures initiated a patent infringement suit against Motorola Mobility, Inc.

Other active developments in such areas as "Big Data"/"The Internet of Things," Social Web collaboration, and digital media management are listed on the Patents page.


Harvard Business Review Blog
on FairPay Strategy
So Last Century!
End the Tyranny of Set-Prices

...with link to article preview
Presentation on FairPay
at MIT Enterprise Forum of NYC

...Slides and video now online

47th Reisman patent issues (12/16/14)
The Future of Healthcare (MIT Enterprise Forum), co-led by Reisman (1/21/15)
The Future of Retail (MIT Enterprise Forum), co-led by Reisman (10/14/14)
The Future of Adverrtising (MIT Enterprise Forum), co-led by Reisman (4/24/14)
HBR Blog post on FairPay (11/18/13)
The Future of TV (MIT Enterprise Forum), co-led by Reisman (1/14/14)
Reisman moderates Joi Ito Fireside Chat (9/20/12)
Presentation: Patents for Entrepreneurs - 2/15/12

Presentation: FairPay - MIT Enterprise Forum - 12/1/11
Intellectual Ventures Inventor Profile (4/26/11)
FairPay: introducing a new pricing architecture (6/20/10)
Reisman search patents sold to RPX (7/6/09)
Reisman moderates "Web of Location" panel (6/18/08)
BTG sells Teleshuttle patents for $35MM+ (3/31/06)
Reisman moderates search panel with Marissa Mayer (9/28/05)

Reisman on User-Centered Media
The  FairPay Zone Blog


Contact Information

Richard R. Reisman, President, Teleshuttle Corporation
20 East 9th Street, New York, NY 10003

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