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Re: celtic tiger post# 31825

Wednesday, 10/24/2012 4:42:27 PM

Wednesday, October 24, 2012 4:42:27 PM

Post# of 85012
Thanks Celtic for the heads up on those issues, much appreciated your sharing this news. I am always interested in patentable ideas and I have my own US issued patent, too, which is why I have faith in the power of a patent. Our company owns 15-20 or so patents in various stages of their 20 year lifespans/extensions. I was lucky to contribute substantially on one design in particular, so I have met with patent attorneys on more than one occasion and understand the process pretty well. Our patents have protected us time and time again, as well our trademarks have been challenged and never to the advantage of the challengers. In a couple of patent infringement cases that we won we have received royalties ever since from the offenders. That is an unseen advantage, not only does the patent protect the intellectual property rights but subsequent litigation can result in rewards. Patents are worth every dime and I hope that MRNJ will not be intimidated by the costs incurred now as the benefits later can be so worth the struggle to attain initially. MRNJ may need US and international patent rights, but only a good patent attorney can know for sure based on the nature of the intellectual property, of course.
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