You should know that the American Inventors Protection Act of 1999 provides inventors with certain disclosure rights. This Act is an attempt to provide some regulation in an area where the process of creating a new product/concept and developing it into a commercial success is extremely difficult, time consuming, often frustrating, confusing and usually costly. To succeed, inventors normally have to successfully accomplish, at a high level: the legal process (patents, copyrights, trademarks, etc); engineering, scientific or technical factors; production concerns; and, market distribution. For a (small-entity) inventor, this can be a daunting task and should be carefully considered before risking talents, time, energies and capital.
The United States Patent & Trademark Office attempts to regulate invention promoters. The USPTO has always examined individuals to represent inventors and to practice Patent Law as either a Registered Patent Attorney or a Registered Patent Agent. Registered Patent Agents, who are technical specialists but not attorneys, may perform most, but not all, of the duties of a Patent Attorney. Because inventors are strongly encouraged to seek advice and assistance in the patenting process only from properly licensed professionals, The InventSAI Network, LLC employs the services of independent Patent Practitioners for their clients through Montgomery Patent & Design, LLC. Both InventSAI Network and Montgomery Patent & Design are part of Montgomery IP Associates family of companies.
The InventSAI Network specializes in consulting with small-entity inventors, performing research and managing the invention process. For patent and engineering services, InventSAI employs Montgomery Patent & Design and their degreed engineers and registered Patent Practitioners. Advertising, product promotion, websites and representation are provided by Advertising & Business Generation, LLC. Thus to ensure confidentiality and a coordinated effort, all services are provided exclusively by the related companies of Montgomery IP Associates, LLC. Therefore, in the spirit of complete and full disclosure, the following information is provided and is regularly updated.
From January 1, 2001 through December 31, 2007, it is estimated that InventSAI has received nearly +/- 143,000 inquiries by telephone, mail, fax, internet or in person. Once educated about the inventive process and the risks, roughly 26,000 (18.2%) submitted invention ideas from that about 20,100 (14.1%) were offered a contract for services. 2,600 (0.018%) decided to hire our staff to perform research services. Ultimately, 1,420 (0.01%) elected patent or commercialization assistance from InventSAI. In 2007, 344 clients contracted for intellectual property services with 250 of those 344 electing representation services.
An exact number of inventors commercializing their inventions can only be estimated because InventSAI clients are not obligated to disclose financial data. Nevertheless, based upon client feedback, of the 1,420 total InventSAI clients contracting for patent or commercialization services, at least 163 (.0011%) have reported commercial success with many cases still active. It should be carefully noted that past performance of services can provide no guarantee of future profits or that a manufacturer will agree to purchase, license, produce or distribute any invention idea.
