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Article One Partners to Help Small Businesses Fight Patent Trolls

Article One Partners to Help Small Businesses Fight Patent Trolls

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Published by: Crowdsourcing.org on Apr 03, 2013
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10/10/2014

 
SOURCE: Articles One Partners
 April 02, 2013
Article One Partners to Help SmallBusinesses Fight Patent Trolls
Award-Winning Company Also Expands Prior Art Services forLarge Clients
  NEW YORK, NY--(Marketwired - Apr 2, 2013) - With small businesses being increasingly targeted by patent trolls, Article One Partnersannounced today a suite of new products that will give small businessesaccess to the same revolutionary crowdsourced patent research that largecompanies have used since 2008 to invalidate low-quality patent suits.AOP will also offer a host of new products and services that will helpserve a wider range of client needs, such as patenting, patent acquisition,in and outbound licensing, and mergers and acquisitions. In a sign of itsrapid growth, the company will also for the first time offer guaranteeddirect payments to its most dedicated corps of skilled volunteer researchers.Access to AOP patent research is critical for companies large and small because prior art is the Achilles Heel of any patent. A patent is validonly if the invention it covers is truly novel and nonobvious. The better the search for prior art -- i.e., any previous patent, technical paper, or  public knowledge or use of an invention that predates the patent for thatinvention -- the greater the chance of defeating a patent infringement
 
suit. Knowing this information when building or buying a portfoliocreates bulletproof patents.Prior art alreadyinvalidates nearly half of all patents asserted in infringement suits or re-examined during U.S. Patent and Trademark Office (USPTO) post-grant reviews. The new AOP products will for thefirst time make this level of prior art research available to smaller  businesses as well as to help worldwide brands with all of their searchneeds.AOP's new
FlashSource
and
ExpertSource
will enable small businesses to access AOP's 27,000-strong community of researchers inmore than 160 countries at a much lower cost than AOP's flagship
CrowdSource
 product.
FlashSource
 provides clients with a high-level overview of the prior artnecessary to assess patentability and invalidity.
ExpertSource
offersclients a much deeper dive into global prior art, giving them greater assurance about how best to respond to their patentability, licensing, andlitigation challenges.As noted, the new products come amid a series of moves by Article Oneto expand its use of crowdsourced research beyond litigation and serveother client needs such as patenting, acquisition, valuation, in andoutbound licensing, and mergers and acquisitions. As AOP's founder and CEO Cheryl Milone explained, "We're a private-sector solution tothe problem of low-quality patents. Higher-quality patents are good for  business, good for the public, and good for supporting the original intentof the patent system -- to foster innovation, not litigation."
 
The new
FlashSource
and
ExpertSource
offerings -- includingguaranteed compensation for AOP's most expert researchers -- are meantto compliment the company's ongoing work in the litigation arena,where it has earned a reputation for getting game-changing results. AsPhilips executive Ruud Peters noted in a recent Businessweek profile of AOP,"Because of [AOP], we could completely eradicate the [patentsuit] against us." Philips paid AOP less than $100,000 to unearth the prior art, Peters said, but it saved the company many millions of dollarsin litigation costs.Patent value is predicated on quality, the primary focus of these AOPofferings. "As the need for confidence in patent quality increases we'reresponding with a broad array of options for our clients," says AOP'sChief Product Officer Peter Vanderheyden. "Small and mid-sized businesses are now the subjects of 65 percent of patent troll lawsuits," henoted, "and 41 percent of startups who've been targeted report that theysuffered a significant operational impact on their business as a result.
1
 To put it bluntly, smaller companies are crying for help to deal with this problem, and we are well positioned to respond."
About Article One Partners
 Article One Partners (AOP) has revolutionized the transparency of  patent data. Today, AOP is the world's largest patent researchcommunity. The company has distributed requests for prior art researchto more than one million scientists and technologists using a globalonline human search engine. AOP is active in 170 countries and isexceptionally successful in identifying non-textual and non-patentliterature. The company is a partner to 16 Fortune 100 companies,51 Forbes Global 2000 and 7 of the top 10 US patent filers. AOP's clientsatisfaction rate exceeds 90%.

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