Emerging Intellectual Property Issues to Be Discussed at Premier Conference for Maximizing Returns on Intellectual Property Portfolios.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- David Wanetick, Managing Director of The Wall Street Transcript and Chief Intellectual Property Officer, said, "We are delighted to host America's preeminent pre·em·i·nent or pre-em·i·nent adj. Superior to or notable above all others; outstanding. See Synonyms at dominant, noted. [Middle English, from Latin prae authorities on intellectual property matters who will discuss breaking issues that will materially impact Corporate America in terms of its management and monetization of intellectual property." Some of the issues that will be addressed include: --While patents for business methods peaked at 8,700 just in the US alone in 2001, there were still over 6,000 patent applications a year over the last three years. These patents are primarily issued by financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. companies and cover practices revolving around smart card technologies, brokerage systems, trading systems The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. , sales and marketing systems, and bill payment systems. However, many of these patents still haven't issued and have not yet been challenged. --Corporate America is becoming more vigilant and defensive in terms of dealing with patent trolls Patent troll is a pejorative term used for a person or company that enforces its patents against one or more alleged infringers in a manner considered unduly aggressive or opportunistic. or patent licensing and enforcement companies. Companies have set up programs to survey technologies and to monitor IP developments occurring at select competitors to see if they might be able to obtain that IP instead of it falling into the hands of someone they don't want it to. In addition, we are seeing situations where companies are pooling their interests. Companies as a group are obtaining rights to certain patents, essentially as a hedge against broader litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. from the trolls. --Since the passage of the accounting standards that require all intellectual property to be valued and capitalized on the balance sheet in the event of a business combination (this is SFAS SFAS Statement of Financial Accounting Standards SFAS Special Forces Assessment and Selection SFAS Student Financial Aid Services SFAS Sport Fishing Association of Singapore SFAS Safety Features Actuation System SFAS Statewide Fixed Assets System 141 and 142), we are seeing significant value being put on company balance sheets attributable to intellectual property. This is something that does not happen unless an M&A event occurs. About this Conference: Intellectual Property: Maximizing Returns on Your Intellectual Property Portfolio will take place January 26-27, 2006 in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . This conference is the Super Bowl for Intellectual Property professionals. The summit presents a unique opportunity to listen to leading IP professionals discuss best practices for managing, monetizing, defending and valuing intellectual property. Further information about this conference is available at www.twst.com/conferences or by contacting Naomi Barazani at 212-952-7400 ext. 126 or Naomi@twst.com. |
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