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→Steorn Ltd.
==Steorn Ltd.==
==Steorn Ltd.==
[[image:SeanMcCarthy.jpg|Sean McCarthy|thumb]]
[[image:SeanMcCarthy.jpg|Sean McCarthy|thumb]]
Steorn Ltd. was founded in Dublin in 2000 and is owned by Irishman Sean McCarthy (sometimes "Shaun David McCarthy"). As its business segment, Steorn claims to be a "leading Intellectual Property development company". In the past Steorn in fact operated as a "dot-com" in Internet business and provided expertise to prevent forgery and fraudulent use of cash cards and optical data storage devices. In October 2001, Steorn announced it was a "specialist service company providing programme management and technical assessment advice for European companies engaging in e-commerce projects". Steorn seemed to work at the development of micro generators which can harvest tiny amounts of energy from movement, e.g. for watches without battery. Later a USB Echosensor for measurement of magnetic fields and a "Magnetic Torque Measurement System" (to measure pure torque of permanent magnets) were developed and marketed.
Steorn Ltd. was founded in Dublin in 2000 and is owned by Irishman Sean McCarthy (sometimes "Shaun David McCarthy"). As its business segment, Steorn claims to be a "leading Intellectual Property development company". In the past Steorn in fact operated as a "dot-com" in Internet business and provided expertise to prevent forgery and fraudulent use of cash cards and optical data storage devices. In October 2001, Steorn announced it was a "specialist service company providing programme management and technical assessment advice for European companies engaging in e-commerce projects". Steorn seemed to work at the development of micro generators which can harvest tiny amounts of energy from movement, e.g. for watches without battery. Later an USB Echosensor for measuring magnetic fields and a "Magnetic Torque Measurement System" (to measure pure torque of permanent magnets) were developed and marketed.
In 2006 Steorn allegedly earned 2,5 Million Euro through investors. Overall, Steorn is said to have received more than 8 Million Euro from investors, issueing company shares in return. Critics accused Steorn of only being a clever marketing company which employed claims to attract interest in order to win future customers.
In 2006 Steorn allegedly earned 2,5 Million Euro through investors. Overall, Steorn is said to have received more than 8 Million Euro from investors, issueing company shares in return. Critics accused Steorn of only being a clever marketing company which employed claims to attract interest in order to win future customers.
Sean McCarthy resigned as secretary(director) of Steorn in April 2011, the new board of directory consists of the main investors representing over 10 million in Steorn investments.<ref>[http://www.scribd.com/doc/52869096/Steorn-B10-20110411 Resignation of McCarthy and new board of directors], Scan of papers</ref>
A patent for the Orbo technology was allegedly submitted by Steorn, but not granted to date (March 2011). Steorn does own several patents on magnetic measurement devices:<ref>[http://v3.espacenet.com/searchResults?bookmarkedResults=true&submitted=true&DB=EPODOC&sf=q&&IA=steorn Steorn search in patent database]</ref>
A patent for the Orbo technology was allegedly submitted by Steorn, but not granted to date (March 2011). Steorn does own several patents on magnetic measurement devices:<ref>[http://v3.espacenet.com/searchResults?bookmarkedResults=true&submitted=true&DB=EPODOC&sf=q&&IA=steorn Steorn search in patent database]</ref>