Ocean Tomo 300(TM) Patent Index Outperforms Both S&P 500 and Dow Jones Industrials
December 11 2006 - 11:13AM
PR Newswire (US)
New Ocean Tomo 300(TM) Patent Index Tracking the 'Knowledge
Economy' Outperforms S&P 500 and Dow Jones Industrial Average
through its Sixth Week CHICAGO, Dec. 11 /PRNewswire/ -- Ocean Tomo,
LLC, the Chicago-based provider of diversified intellectual
property-related services, announced the Ocean Tomo 300(TM) Patent
Index, the first equity index based on the value of corporate
intellectual property, concluded trading on December 8 at 5911.28,
outpacing both the S&P 500 and the Dow Jones Industrial Average
since the Index's reconstitution on October 31, 2006. Ocean Tomo
also announced Claymore Securities has licensed the Ocean Tomo
300(TM) Patent Index for a proposed exchange traded fund, the
Claymore/Ocean Tomo Patent ETF (AMEX:OTP) scheduled to be available
on December 15, 2006. Several companies contributing to the
performance of the Index and reflecting the role of intellectual
capital in the economy include: Adtran (NASDAQ:ADTN),
Alberto-Culver (NYSE:ACV), Baker Hughes (NYSE:BHI), Baxter
(NYSE:BAX), Brunswick (NYSE:BC), Cummins Inc. (NYSE:CMI), Cypress
Semiconductor (NYSE:CY), Dril-Quip Inc. (NYSE:DRQ), Ecolab
(NYSE:ECL), Energizer Holdings (NYSE:ENR), Fortune Brands
(NYSE:FO), Gannett (NYSE: GCI), Garmin (NASDAQ:GRMN), Grant Prideco
(NYSE:GRP), Intel (NASDAQ:INTC), Invitrogen (NASDAQ:IVGN), IPSCO
Inc. (NYSE:IPS), Manitowoc Inc. (NYSE:MTW), Pactiv (NYSE:PTV),
Rockwell Automation (NYSE:ROK), Seagate Technology (NYSE: STX),
Superior Energy Services (NYSE:SPN), Thor Industries (NYSE:THO) and
Wm. Wrigley Jr. Co. (NYSE:WWY). Ocean Tomo 300(TM) Patent Index
Rate of Return versus Dow Jones Industrial Average and S&P 500:
November 1 - December 8, 2006* Ocean Tomo 300(TM) Dow Jones S&P
500 Patent Index Industrial Average 2.35% 1.88% 2.32% *Returns are
calculated from close of market on October 31, 2006 to close of
market December 8, 2006, using prices from Bloomberg. About the
Ocean Tomo 300(TM) Patent Index Recognized by The American Stock
Exchange ( http://www.amex.com/ ) as "the first major, broad-based
market equity index to be launched in 35 years," the Ocean Tomo
300(TM) Patent Index is a diversified market-weighted index of 300
companies that own the most valuable patents relative to their book
value. Over a 10-year time period ending October 2006, the Ocean
Tomo 300(TM) Patent Index outperformed the S&P 500 by more than
300 basis points annualized. The Index selection methodology
identifies six companies within each of 50 size and style groups,
reflecting a broad spectrum of market capitalizations and
investment styles, including value, relative value, blend, growth
at a reasonable price (GARP) and growth by decile, that have the
highest ratio of patent value to book value. The analytical engine
used to evaluate the value of each company's patent portfolio is
Ocean Tomo's PatentRatings(TM) software, which calculates the
relative attractiveness of the more than four million patents
issued by the U.S. Patent and Trademark Office since 1983, and
which is widely recognized by the intellectual property valuation
industry. Further details on the Index, its methodology, as well as
a complete list companies in the Index and other materials are
available at http://www.oceantomoindexes.com/ . In addition to the
Captivate(R) Network, daily tracking of the Ocean Tomo 300(TM)
Patent Index is available at numerous media outlets including:
Bloomberg.com (^OTPAT), Bloomberg terminal (OTPAT ),
MarketWatch.com (OTPAT), and Yahoo! Finance (^OTPAT). The Ocean
Tomo 300(TM) Patent Index is patent-pending and was created by and
is a trademark of Ocean Tomo Capital, LLC. Ocean Tomo's
PatentRatings(TM) software is protected by U.S. Patent Number
6,556,992. Ocean Tomo, LLC has granted Claymore Advisors the rights
to license the Ocean Tomo 300(TM) Patent Index for the creation of
the Claymore/Ocean Tomo Patent ETF (AMEX:OTP). The Fund seeks
investment results that correspond generally to the performance,
before the Fund's fees and expenses, to the Ocean Tomo 300(TM)
Patent Index. Claymore Securities, Inc. acts as the distribution
agent for the Fund. Neither Claymore Advisors nor Claymore
Securities has any involvement with the ongoing administration of
the Index. About Ocean Tomo, LLC: Established in 2003, Ocean Tomo,
LLC ( http://www.oceantomo.com/ ) is a fully integrated
intellectual capital merchant banc that specializes in
understanding and leveraging intellectual property assets. The
company provides advice in IP-related mergers and acquisitions,
valuations, expert services, analytics and IP auctions. Ocean Tomo
has offices in Chicago, San Francisco, Palm Beach, Orange County
and Washington, DC. Subsidiaries of Ocean Tomo include: Ocean Tomo
Capital, LLC, publisher of the Ocean Tomo 300(TM) Patent Index
(AMEX:OTPAT); Ocean Tomo Capital Fund, LP -- a $200 million private
equity investment fund; and Ocean Tomo Asset Management, LLC -- an
SEC Registered Investment Advisor offering hedge funds utilizing
IP-based investment strategies. DATASOURCE: Ocean Tomo, LLC
CONTACT: Kristi Stathis for Ocean Tomo, +1-773-294-4360, Web site:
http://www.oceantomoindexes.com/ http://www.oceantomo.com/
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