General Patent Corporation International

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General Patent Corporation International
Type Private
Founded 1987, incorporated 1996
Headquarters Suffern, New York, USA
Key people Alexander I. Poltorak, Chairman and CEO,
Paul J. Lerner, SVP and General Counsel
Industry Intellectual Property
Products Intellectual property licensing
Intellectual property litigation
Intellectual property management
Subsidiaries Acticon Technologies LLC
Advanced Card Technologies LLC
Digital Technology Licensing LLC
Leighton Technologies LLC
Ryogen LLC
Website General Patent Corporation International

General Patent Corporation International (also known as GPCI) is an Intellectual Property (IP) licensing and enforcement company[1] headquartered in Suffern, New York[2]. GPCI is a private company founded in 1987 by Alexander Poltorak to assist inventors and IP owners in licensing and enforcing their IP rights[3]. GPCI services include assertive licensing[4] and enforcement of patents, trademarks and copyright on a contingency basis[5].

Contents

[edit] History

The company, which became General Patent Corporation International, was founded by Alexander Poltorak in 1987 as Poltorak Associates Inc., which engaged in patent licensing and technology transfer. It was incorporated in 1989 as General Patent Corporation (also known as GPC), which became a full service intellectual property management firm. GPC was selected by Marketing Computers Magazine as one of “Nine for the Nineties” – one of nine most promising technology companies for the 90s[6]. The contingency IP enforcement business was spun off as a separate company, General Patent Corporation International in 1996. Since 1996, GPCI has been actively licensing and enforcing a portfolio of “smart connector” patents[7]. In 1997, GPCI filed two patent infringement suits against IBM and U.S. Robotics[8] in the Southern District of New York and Against Hayes and seven modem manufacturers in the Central District of California. In 1998 GPCI sued Motorola[9]. All defendants settled by taking a license under the patents[10]. In 2000, GPCI spun off the “smart connector” business into a wholly-owned subsidiary, Acticon Technologies LLC[11]. To date, after winning patent reexamination proceeding at the USPTO and successfully litigating 25 patent infringement lawsuits, GPCI has licensed the Acticon “smart connector” patents to 136 companies.[12] GPCI successfully represented Moen Technologies LLC in its litigation against The Coca-Cola Company[13] and PepsiCo[14]; Forward Technologies LLC vs. SBC Communications[15]; Scieran Technologies, Inc. vs. Bausch & Lomb[16]; Trounson Automation LLC vs. Yaskawa et al.[17], and many other patent infringement cases. The idea incubator was spun off in 2000 as IP Holdings LLC.

[edit] Officers of GPCI

  • Alexander I. Poltorak — Chairman and CEO
  • Paul J. Lerner — Sr. Vice President and General Counsel

[edit] Subsidiaries and Affiliates

Acticon Technologies LLC is a wholly-owned subsidiary of GPCI. [18]

Other subsidiaries of GPCI include:

[edit] General Patent Corporation

Company logo of General Patent Corporation
Company logo of General Patent Corporation

General Patent Corporation (GPC) is an Intellectual Property (IP) management company[23]. GPC services include: IP strategy[24], IP audit, IP valuation[25], patent portfolio mining, patent triage, patent portfolio management[26], patent licensing[27], technology transfer, and other Intellectual Property related services. According to Steven M. Cherry from the IEEE Spectrum, General Patent Corporation is perhaps one of the oldest and most successful patent enforcement company[28].

GPC is the consulting arm of General Patent Corporation International.

GPC is headquartered in Suffern, New York.

[edit] IP Holdings LLC

Company logo of IP Holdings LLC
Company logo of IP Holdings LLC

IP Holdings LLC is an IP-centric merchant banking organization affiliated with General Patent Corporation International. IP Holdings provides patent brokerage services assisting clients in acquiring or selling patent and other IP assets. IP Holdings operates an idea incubator, which invests in, develops, incubates, and assists in the commercialization of novel and promising technology, with a particular emphasis on the development and protection of intellectual property. The idea incubator, which was started by General Patent Corporation and was featured in 1989 Marketing Computers Magazine’s cover story “Poltorak’s Business Incubator” [29] was spun off from GPC in 2000. IP Holdings’ portfolio companies include: Advanced Card Technologies LLC, Moen Technologies LLC, Leighton Technologies LLC, Digital Technology Licensing LLC, Advanced Video Technologies LLC[30], Ryogen LLC[31], Trounson Automation LLC, Interactive Telegames LLC and Home Equity Exchange LLC.

IP Holdings is headquartered in Suffern, New York.

[edit] References

  1. ^ A. Poltorak, “Patent Enforcement: To Sue or Not to Sue?” (Inventors’ Digest, November/December 2000); A. Poltorak, “Industrywide Patent Enforcement Strategies” (Patent Strategy & Management. Oct. 2005) A. Poltorak, “Industrywide Patent Enforcement Strategies” (Patent Strategy & Management, Oct. and Nov. 2005).
  2. ^ Licensing boutiques help inventors with patent claims against big companies. (New York Times). By TERESA RIORDAN June 10, 2002
  3. ^ Licensing boutiques help inventors with patent claims against big companies. (New York Times). By TERESA RIORDAN June 10, 2002
  4. ^ A. Poltorak,"Fundamentals of Assertive Licensing" Workshop given at the LES 2006 Annual Meeting in New York.[1]
  5. ^ R. H. Ziedonis. "Patent Litigation in the U.S. Semiconductor Industry" National Academy of Sciences (Washington, DC: 2003). [2] [3]
  6. ^ Marketing Computers, “Poltorak’s Business Incubator” Dec. 1989, p. 29, by Donna Tapellini.[4]
  7. ^ Weekly News Digest “Consolidating Interest in Three Important Connector Patents Acquired” Feb. 19, 1997.[5]
  8. ^ IBM, U.S. Robotics, Named in Patent Suit by General Patent Corporation International.
  9. ^ Motorola Named in Patent Suit Filed by General Patent Corporation International.
  10. ^ * General Patent Corporation International Settles Patent Suit with IBM
  11. ^ [6] [7]
  12. ^ General Patent is Successful in Its 20th Litigation to Enforce Acticon's Patents; General Patent Is Successful in Its 21st Litigation to Enforce Acticon’s Patents; General Patent is Successful in Its 23rd Litigation to Enforce Acticon's Patents.
  13. ^ Moen Technologies Settles its Patent Suit Against Coca Cola. General Patent Scores a New Victory In Its Latest Patent Enforcement Campaign; Moen Technologies Settles Its Patent Suit Against Coca Cola.
  14. ^ Lycos Retriever: Search results for pepsico
  15. ^ CNNFn, May 2002.
  16. ^ General Patent Settles with Telephone Companies On Behalf of Forward Technologies; General Patent Scores a New Victory in its Latest Patent Enforcement Campaign; Forward Technologies Settles its Patent Suit Against Pacific Bell and SBC Communications; General Patent Corporation Scores a Patent Enforcement Victory as Forward Technologies Settles Suit Against Pacific Bell and SBC Communications; General Patent Settles With Telephone Companies On Behalf Of Forward Technologies.
  17. ^ Trounson Automation Settles Lawsuit with Yaskawa Electric General Patent Corporation Represented Trounson Automation in this Transaction
  18. ^ [8] [9]
  19. ^ MyWire | PR Newswire: General Patent Wins Reexaminations for ACT's Patents
  20. ^ Page 18 of http://news.vzw.com/investor/pdf/Cellco_1Q-10Q1.pdf http://www.rethinkip.com/rssmojo/archives/patent_lawsuit_filing_update_through_april_23_2006.html
  21. ^ USDCData.com NYSD White Plains 7:04-cv-02496 Leighton Technologies LLC v. Oberthur Card Systems, S.A
  22. ^ Ryogen Licenses Human Aminopeptidase P Gene Patent To OriGene Technologies
  23. ^ A. Poltorak, Everything You Ever Wanted to Know about Intellectual Property Law but Couldn’t Afford to Ask (American Venture magazine, August 2003)
  24. ^ A. Poltorak and P. Lerner. Essentials of Intellectual Property John Wiley & Sons, 2002 ISBN 0471209422.
  25. ^ A. Poltorak, What You Need to Know About Patents and Their Value (TechnologyReview.com, April, 2005); A. Poltorak, Valuing Patents as Market Monopolies (Patent Strategy & Management, September 2003); A. Poltorak, Valuing Individual Patents Comprising a Portfolio (Patent Strategy & Management, October 2003); A. Poltorak, A 'Real World' Risk-Adjusted Patent Valuation Model (Patent Strategy & Management, November 2004 and January 2005).
  26. ^ A. Poltorak and P. Lerner. Corporate Officers and Directors Can Be Liable for Mismanaging Intellectual Property (Patent Strategy & Management, May and June 2000).
  27. ^ A. Poltorak and P. Lerner. Essentials of Licensing Intellectual Property John Wiley & Sons, 2004 ISBN 0471432334
  28. ^ "The Patent Profiteers" by Steven M. Cherry, IEEE Spectrum, June 2004 issue
  29. ^ Marketing Computers, “Poltorak’s Business Incubator” Dec. 1989, p. 29, by Donna Tapellini.
  30. ^ IP Holdings' Portfolio Companies
  31. ^ Dr.Ryan and IP Holdings Form Ryogen LLC

[edit] External links

[edit] In the Media