| Greetings and welcome!
NOVELINT is a technology broker specializing in helping our business clients
maximize the value of their intellectual property.
Mostly we deal with patent infringement situations,
but we also have an interest in
We put together a business team for management, enforcement,
and licensing of infringed patents. Compensation can be based on performance,
outcome, and contingency. Typically, an LLC is formed, and the inventor
or patent owner gets a portion of ownership in the LLC.
Team members have deep experience. Quite a few large
corporations have been dealt with successfully. Members of the procured
team can include: a technology broker, technology licensing executive,
senior patent counsel, outside patent counsel, engineers, expert witnesses,
litigators, and/ or other professionals. Due to the booming segment,
most of our cases involve electronics or software innovations, but generally
we do not place restrictions on the type of technology.
These actions are tricky, expensive, and time consuming.
According to one trade association, in 1999, the median estimated cost
of a patent infringement action through discovery was about $800,000,
and through trial and appeal, approximately $1,500,000. Therefore, normally
the patent infringers have to be sizeable (Fortune 500® size) corporations
and the potential/ likely damages and future royalties have to be in
the tens of millions of dollars to justify the invested legal expenses
and the possibility of years devoted to winding through the system.
Naturally, however, we prefer expedited solutions. Often,
these matters can be settled without actually going to court. However,
when need be, we have relationships with nationally known law firms
that can bring in massive amounts of litigation firepower and handle
any size case. For most opportunities: the bigger, the better.
Some preliminary due diligence will be conducted to
make sure the claims are strong. Overall, the chances of prevailing depend
on a number of factors, and there are quite a few potential
. To evaluate a particular submission for our portfolio, there
is certain case-specific information that we need, and certain
documents that we ask you to provide
that will assist our review.
Whatever your needs may be, we hope you will consider NOVELINT
as Your Partner In SuccessSM
Best of luck to you in all your IP endeavors,
~Harold A. Meyer III, CEO