ADVERTISEMENT



Google       

Bookmark Follow Me Email to a friend

Patent Law

: Florida Intellectual Property Law Blog

Inventor's Patent Pending Technology a Deal Maker

By John Rizvi (all)

As I've often mentioned, it is the individual inventors throughout our history who have kept the pipeline of ideas and innovation humming with vibrancy. Today, I read an article in (CNNMoney.com, dated November 27, 2007) that tells of an inventor of a cell phone translation technology who is set to generate big revenue with this invention.

Having reached patent pending stage, the inventor has entered into an agreement with FTS Group to own 10% of their new subsidiary "Version Ventures Corporation," while FTS will own the remaining 90%. This means that the company will bear the responsibility for manufacturing and marketing and all other costs, while the inventor stands to generate revenue for the fruits of their labor and his/her own ingenuity. Not a bad way to do business. Congratulations to the inventor, and I look forward to seeing how the technology will benefit cell phone users when the patent becomes official. Visit AgoraCam.com for more information on the venture.

Full post as published by Florida Intellectual Property Law Blog on November 27, 2007 (boomark / email).

Related Law Blog Posts
Search Blog Directory:

Search Blog Directory:

Related Law Questions

Lawsuits and Settlements


















US Law
#1 Online Legal Resource









Click here






Your Blog Subscriptions
Subscribe to blogs

10,000+ Law Job Listings
Lawyer . Police . Paralegal . Etc
Earn a law-related degree
Are you the author of this blog? Adding USLaw.com to your Blogroll increases relevance. You qualify to display a USLaw Network badge.
Suggest changes to this blog's description or nominate another for inclusion. Register for updates.


Practice Area
Zip Code:

Contact a Lawyer Now!











Click here
0.2516 secs