22 Apr '11, 5am

UltimateElectronics.com which Operated 46 Stores To Auction Off Its Domains, Trademarks and IP

Streambank, LLC , the leader in providing intangible asset disposition services, will be conducting an auction of the Ultimate Electronics trademarks, domains, and related intellectual property on May 25th 2011 in New York. Ultimate Electronics Inc. has filed a motion with the Delaware Bankruptcy Court seeking approval of the sale of its intellectual property. The assets include the Ultimate Electronics trademarks, 11 related trademarks, 16 related domain names, and the company’s social media sites and databases. The hearing to approve the sale is scheduled for May 26th, 2011. As of January 2011, Ultimate Electronics operated 46 stores in 16 states including the mid-west, western United States and New England. Ultimate Electronics store locations average approximately 30-40,000 square feet and are primarily located in high traffic retail centers and malls. In 2010 Ultimate...

Full article: http://www.thedomains.com/2011/04/22/ultimateelectronics-...

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