SAN DIEGO, Jan. 14 /PRNewswire/ -- On the heals of the CES trade show in Las Vegas, Cerian Technology Ventures, LLC announced today that January 24, 2008 is the deadline set by the bankruptcy trustee of CyberHome Entertainment Inc. for parties to submit offers for the CyberHome brand package. Once the largest consumer electronics brand in its category by volume sales, CyberHome enjoyed global annual sales of over a hundred million DVD players, LCD televisions, personal media players and home theater systems. The brand is well known for dependable and affordable consumer electronics devices in the US, Canada, Europe, South America, Asia and the Middle East. Additionally, the CyberHome brand enjoys strong protection under trademarks filed in fifty seven countries, and is accompanied by the venerable cyberhome.com domain name.
Following a royalty dispute, CyberHome Entertainment Inc. was forced to file for bankruptcy. The "CyberHome" brand, the company's most prized asset, is now available for acquisition.
"We are excited about the CyberHome brand, as it will allow its new owner immediate recognition among many millions of consumers around the globe. CyberHome Entertainment took its brand equity very seriously and has invested heavily in advertising and promoting the CyberHome brand, as well as in protecting it. The result is a brand that is well recognized for dependable and affordable consumer electronics in many countries worldwide, including the United States, Canada, Mexico, Germany, the United Kingdom, France, Italy, Austria, Belgium, Switzerland, Poland, the Czech Republic, Romania, Lithuania, Brazil, Argentina, Australia, Japan and India. This is an excellent opportunity for a company looking to own a brand that will allow for immediate recognition and access to consumers," said Brian Sagi, Chief Executive Officer of Cerian Technology Venture, LLC, the intellectual property advisory firm which is assisting the trustee with the sale of the brand. More information about the CyberHome brand and its sale is available at http://www.cyberhome.com and by contacting cyberhome@cerian.com.
About Cerian: Cerian Technology Ventures, LLC is an advisory firm focused on maximizing the value of technology transactions in mergers, acquisitions, intellectual-property sales, and licensing deals. Cerian has crafted transactions in the telecommunication equipment, software, semiconductors, storage, and medical device industries. With a broad client base ranging from startup companies to the Fortune 500, Cerian is recognized as an industry leader in technology based transactions. http://www.cerian.com
Website: http://www.cerian.com/
Website: http://www.cyberhome.com/