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Local Corporation Message Board

  • pinko_flyd pinko_flyd Feb 26, 2013 1:18 PM Flag

    Did You Know Local Corporation is an Owner

    of a piece of mobile technology that nobody else can own unless they buy it? LOCM shares are low-balled now. Wait and see how they become positioned in the not too distant future. They are turning profitable and monetizing traffic as we speak. Lots of upside here. Shares may pull back more (?) with the market creating a phenomenal buying opportunity. I wouldn't bet on it though.

    Sentiment: Buy

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    • Local Corp’s New Patent Could Offer Company Significant Opportunities
      Oct 14 2011, 01:43
      Last week, the USPTO granted a patent to Local Corp that appears to have significant implications for location based product and deal search offerings in the local space and has the potential to be the most valuable among a growing and increasingly valuable stable of local and directory search patents owned by Local Corp.
      Patent #8,032,427 related to location based product search appears to encompass core aspects of services being offered by Groupon (Groupon Now), Living Social (Instant) and Foursquare; and is part and parcel of the product search functionalities offered by eBay's Milo (Nasdaq: EBAY), Gannett's ShopLocal (NYSE: GCI), Jiwire's NearbyNow, Retailigence and Goodzer. This patent could offer LOCM one of its most significant opportunities for near term licensing revenue, as we believe that the patent encompasses core aspects of the local product search offerings of these companies. This niche is growing rapidly, attracting significant capital and most importantly for Local Corp’s purposes, the key players emerging in the space are not partners/revenue sources for Local Corp.
      While Local Corp has other patents related to local search and directory services that are broad enough to encompass what other companies have been doing, the enforceability and potential for generating revenue have never been tested because the major "offenders" also happen to be the most significant sources of revenue for Local Corp (Google (GOOG), Yahoo/Bing (YHOO), SuperMedia (SPMD)) who have vastly more resources (cash and their own patent portfolios to fight back with) than Local Corp has to wage such a battle.

    • Local Corporation Granted U.S. Web Domain Name Patent
      Covers Bulk Acquisition and Development of Domain Names
      Press Release: Local Corporation – Wed, Dec 12, 2012 7:30 AM EST.. .
      .IRVINE, Calif.--(BUSINESS WIRE)--

      Local Corporation (LOCM), a leading online local media company, today announced that the U.S. Patent and Trademark Office has granted the company patent number 8,312,125, which covers a method and system for the bulk acquisition and development of multiple web domain names.

      Issued on Nov. 13, 2012, the patent describes a system and method for enabling the bulk acquisition and management of multiple web domains. The patent covers the technology related to the fulfillment of web domains. Local Corp. is currently using this technology for its small and medium-sized business (SMBs) customer as well as for the development of its recently announced vertically oriented lead generation sites. The method includes collecting a set of domain names for bulk content development, some of which are derived from user-provided keywords; filtering the set of domain names based on matching the domains to most-often used search terms by consumers; automatically submitting domain names for purchase; applying a template to the web domain related pages; and inserting content in those pages.

      “The domain name industry continues to grow, with the number of domain names registered worldwide expected to top 305 million by 20181,” said Heath Clarke, Local Corporation chairman and chief executive officer. “This method is already being used as part of our Launch by Local SMB fulfillment platform and forms the basis for our site expansion into lead generation verticals. We’ve spent years developing our intellectual property portfolio, and we’re pleased that this key patent has issued.”

      This is the eleventh patent issued to the company and was part of the original OCTANE360 platform and asset acquisition in July 2010.

    • Local Corporation's Patent Developments Set Table For A Fundamental Breakout
      .

      An increasing number of investors are following Intellectual Property (IP) as the hottest new asset class. The issuance or purchase of patents and milestones in patent enforcement and licensing are becoming huge triggers for stocks. Some investors are watching IP metrics for valuation as much as, if not more than, revenues and earnings. In light of this, Local Corporation's (LOCM) stock may show some interesting movements in the very near term.

    • Read about the 10. Patent for Local Corp

      United States Patent 8,306,208
      Montemer November 6, 2012

      Enhanced directory assistance services in a telecommunications network

      Abstract
      Directory assistance provides telephone number look up services to callers based on the business or caller name as listed in a telephone directory. As such, directory assistance in the prior art provides a value-added service to telephone users and an expense that must be charged back to telephone subscribers or absorbed by telephone carriers. The present invention provides a method and system whereby directory assistance is enhanced to deliver a targeted advertising service to telephone listing owners and advertisers. The enhanced directory assistance (EDA) service of the present invention becomes an additional revenue source for carriers. The present invention also provides a method and system for dynamically ordering these directory listings and tracking subsequent telephone referrals.

      Inventors: Montemer; William A. (Laguna Hills, CA)
      Assignee: Local Corporation (Irvine, CA)

    • »Local Corp Is An Owner Of Important Key patents
      –Local web indexing (for indexing local web sites across the web)
      –Pay per call for local and commercial searches via a mobile device (multiple patents)
      •The billion dollar industry question: How do we monetize mobile?
      –Dynamic cascading menu search (for product search on tablets and smart phones)
      –Bulk domain registration and content management (for very large scale SEO)

    • Being first to market is no longer enough of a competitive advantage. Companies need to be first to market and have patents protecting their products to ensure sales and profit longevity
      .

      Local Corp do it like Apple - Companies need both: To be first to market and have patents protecting their products - and Apple and Local Corp has both – in opposite to a company like Groupon (only product) or Vringo (only patents)

      "Before a company can book a single penny in profit it needs a product to sell. Yet in today’s fiercely competitive global economy, before a company can produce something to sell, it needs to patent the idea. Otherwise, it’s too easy for competitors to knock off the product and steal market share.

      In other words, being first to market is no longer enough of a competitive advantage. Companies need to be first to market and have patents protecting their products to ensure sales and profit longevity.

      Groupon (Nasdaq: GRPN) and Apple (Nasdaq: AAPL) serve as good examples of this new paradigm at work.

      As you’re well aware, Groupon invented the daily deals market in 2008. All it took was a novel idea to connect consumers and businesses in a new way – via coupons over email. But guess what? Groupon didn’t have even one patent protecting its novel business model. And within four years, over 300 competitors emerged. Now, Groupon doesn’t stand a chance to keep booking higher profits, let alone survive.

      Contrast Groupon’s experience with the details behind the meteoric rise of Apple and you’ll definitely get the connection between patent filings and stock price performance.

      We can all agree that Apple took the world by storm with its iPhone launch in June 2007. Before it sold a single one, though, it secured as many patents as possible. And it continued to do the same thing on every next generation device."

      Source: Patent Filings: The Next Great Leading Indicator by Seeking Alpha
      March 11, 2012


      An example is the last new product of Local Corp backed through a patent of Local Corp: In two smart moves, Local Corporation (LOCM) is generating new revenue streams and setting up shareholders for big returns. An important pay-per-call patent and a strategy to launch a series of popular industry-specific websites will drive high-value ad revenues, boosting Local's already healthy revenue growth rate of 40% per year.


      December 6, 2012
      Irvine-based Local Corporation has launched a new, local lead generation site today, called Insurancelow.net, which it says is the first in a series of lead generation websites being launched by the company. The new site offers a car insurance guide and details on choosing car insurance carriers. Local Corporation said it expects the lead generation sites to offer educational articles and opportunity to receive quotes from industry professionals. The firm said it believes the launch of the lead gen sites would help it monetize the 30M consumers it reaches each month.

      Dec. 12, 2012
      Local Corporation Granted U.S. Web Domain Name Patent - This is the eleventh patent issued to the company and was part of the original OCTANE360 platform and asset acquisition in July 2010.

      Covers Bulk Acquisition and Development of Domain Names

      IRVINE, Calif.--(BUSINESS WIRE)--Dec. 12, 2012-- Local Corporation (NASDAQ:LOCM), a leading online local media company, today announced that the U.S. Patent and Trademark Office has granted the company patent number 8,312,125, which covers a method and system for the bulk acquisition and development of multiple web domain names.

      Issued on Nov. 13, 2012, the patent describes a system and method for enabling the bulk acquisition and management of multiple web domains. The patent covers the technology related to the fulfillment of web domains. Local Corp. is currently using this technology for its small and medium-sized business (SMBs) customer as well as for the development of its recently announced vertically oriented lead generation sites. The method includes collecting a set of domain names for bulk content development, some of which are derived from user-provided keywords; filtering the set of domain names based on matching the domains to most-often used search terms by consumers; automatically submitting domain names for purchase; applying a template to the web domain related pages; and inserting content in those pages.

      “The domain name industry continues to grow, with the number of domain names registered worldwide expected to top 305 million by 20181,” said Heath Clarke, Local Corporation chairman and chief executive officer. “This method is already being used as part of our Launch by Local SMB fulfillment platform and forms the basis for our site expansion into lead generation verticals. We’ve spent yea

    • IP & Technology

      •Proprietary platform and know-how
      »Real time business, product and services data integration
      »Large scale local/commercial content production and syndication
      »Very large scale CPC ad-serving and distribution
      »Web indexing and local search relevance
      »Very large scale SEO, SEM campaign expertise
      »Local display ad production and syndication
      »Web hosting and local/commercial domain name acquisition
      •11 patents issued, 9 pending
      »Key patents
      –Local web indexing (for indexing local web sites across the web)
      –Pay per call for local and commercial searches via a mobile device (multiple patents)
      •The billion dollar industry question: How do we monetize mobile?
      –Dynamic cascading menu search (for product search on tablets and smart phones)
      –Bulk domain registration and content management (for very large scale SEO)

      Source: Last Presentation

    • "They are turning profitable"

      i hate to tell you, but their margins suggest the exact opposite. that's why i have such a hard time buying the company's last-second turn around guidance for 2013.

 
LOCM
1.61-0.02(-1.23%)Aug 29 4:00 PMEDT

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