"I fell in love with the interactivity and flexibility that PowerPatent's software provided during the process of preparing the patent application." Dr. Phi Nguyen, CEO, MIBA Medical, Inc.
Santal Clara, CA (PRWEB) March 28, 2013
Capturing all of a company's intellectual property is mandatory for technology companies. However, in the new first-to-file patent regime, not all companies are set up to address this challenge properly. Businesses looking for next-generation patent workflow systems are turning to PowerPatent's solutions.
For example, Dr. Phi Nguyen, the founder and CEO of MIBA Medical Inc., used PowerPatent software to build a portfolio of patent applications to economically protect MIBA's intellectual property. This allowed Dr. Nguyen to quickly file patent applications, and with the cost savings focus his start-up's tight resources on product development and regulatory issues. Dr. Nguyen noted that:
"I am the founder and CEO of a Silicon Valley medical device company. Before I used “ProvisionalBuilder®,” PowerPatent’s software tool for preparing and submitting a provisional patent application, I felt that giving this task to a patent attorney, waiting for the attorney to complete the application, submitting the application, and then paying the attorney’s $10,000 or more legal bill was the way to go.
"Boy, was I wrong! Using ProvisionalBuilder® saves me a lot of time in preparing patent applications, and my applications are equal to or better in quality than the attorney’s version of my application. Even with a light review of the ProvisionalBuilder® final application by an attorney prior to submitting the application, and figuring in the modest cost of the ProvisionalBuilder software package, my all-in cost of preparing and submitting a provisional patent application is less than 10% of my cost going the patent attorney route. After trying ProvisionalBuilder, I fell in love with the interactivity and flexibility that PowerPatent's software provided during the process of preparing the patent application."
“As the patent workflow software leader, PowerPatent is excited to bring ProvisionalBuilder® to innovative companies and inventors,” said Bao Tran, CEO of PowerPatent. “PowerPatent is pleased to see customers thriving in the first-inventor-to-file era with our easy-to-use patent work flow process that results in high quality patent applications and quick turnaround.”
PowerPatent Inc. is a privately-held software applications company headquartered in Silicon Valley. Our company’s products are designed and developed by a team of legal, software, user experience, and Web design professionals. Our mission is to democratize the intellectual property (IP) ecosystem. Our tools provide a cost-efficient framework for inventors and entrepreneurs to participate in the IP system and be recognized and rewarded for their ingenuity.
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