Joshua K Martin

US Patent:

20030036975, Feb 20, 2003

Filed:

Aug 2, 2001

Appl. No.:

09/920323

Inventors:

Joshua Martin - Arlington VA, US
Ingrid Solis - Rockville MD, US

International Classification:

G06F017/60

US Classification:

705/027000

Abstract:

There is provided a method, program product and system for conducting an auction facilitated by a computer network wherein the auction sponsor is provided the ability to modify the auction parameters while the auction is underway. The method, program product and system for refreshing an on-going electronic auction, comprises the steps of: determining that an auction parameter has been changed; and automatically refreshing a copy of the auction at a browser of an auction participant. In one embodiment, the determining step comprises determining if an indicator has been set at the auction server side to indicate that an auction parameter has changed. In a second embodiment, the determining step comprises receiving a communication from the auction server side indicating that an auction parameter has changed.

US Patent:

20030050861, Mar 13, 2003

Filed:

Sep 10, 2001

Appl. No.:

09/948902

Inventors:

Joshua Martin - Arlington VA, US
Todd Walker - Arlington VA, US

Assignee:

G.E. INFORMATION SERVICES, INC.

International Classification:

G06F017/60

US Classification:

705/027000

Abstract:

A system and method for conducting a forward auction and a reverse auction from a single software component operable on a computer system receives information regarding the details of the auction and the direction of the auction, where the direction is either forward or reverse. A first auction is run based on the received information with the single software component. After receiving at least one bid, a winner of the first auction is determined from the at least one bid. A second auction is run with the single software component in the other of the forward or reverse direction based on the received information and information related to the determined winning bid.