Helping to exploit the IP goldmine

 

News Aug. 30, 2004

Intellectual Property Program in Corporate Environment

     Transition from a manufacturing to an IP-based economy requires executives to re-think their traditional IP strategy and put higher priority on establishing of a vigorous Intellectual Property Program, resulting in generation of Intellectual Property assets of substantial value. However, for many enterprises establishing and running such a Program can be prohibitively expensive. IP-MEX® Inc. offers corporations an option to substantially reduce required costs by hiring a part-time in-house Counsel.

Typical responsibilities of such a Counsel might be:

  • Due diligence (IP audit) of Company's IP processes and existing IP portfolio
  • Developing internal IP strategy, Practicies and Policies
  • "Mining" and evaluating patentable ideas, running patent review committees
  • Protecting trade secrets
  • Preparing and managing IP budget
  • Docketing and maintaining IP databases
  • Managing IP outsourcing and third party IP related services
  • Educating Employees and Executives on Intellectual Property

The activity of the Counsel is directed towards creating a high quality IP portfolio which in addition to traditional applications (providing legal protection for Company's technology, providing for licensing opportunities etc) could afford access to low cost, non-dilutive capital by being used as collateral in commercial financing opportunities.

About the Company

IP-MEX Inc. (http://www.ip-mex.com) is a privately held, innovative company based in Kanata, Ontario, having substantial expertise in the field of Intellectual Property. The firm's services are based on the application of the most advanced, scientifically sound and practically viable methods that ensure top-notch quality services for clients. IP-MEX helps financial institutions to expand their customer base, and assists corporations in obtaining access to low-cost non-dilutive capital.