|
(Sacramento) November 14, 2006 - PatentCafe announced today that
it has won an award from Acacia Research Corporation for its web-based
patent research solutions and secure, on-location IP Appliance Server.
The Acacia Research Corporation, which develops, acquires, and
licenses patented technologies, controls 53 patent portfolios covering
technologies used in a wide variety of industries such as Wireless
Traffic Information, Data Encryption, Information Monitoring, Medical
Image Stabilization, and others.
Deployment of PatentCafe's Intellectual Capital Office ("ICO Suite™")
will provide Acacia with peerless patent research and data mining
capability needed to support ongoing strategic and tactical patent
related operations.
"Acacia's sophisticated IP ecosystem created unique challenges
for PatentCafe's solutions." said Andy Gibbs, PatentCafe's CEO.
"I'm pleased that our hardware / software solutions met Acacia's
requirements, and that our solutions will serve as one of the cornerstones
for Acacia's own patent management solution."
A company's intellectual property ecosystem typically includes
an array of intellectual asset information management and research
resources. Solutions include patent docketing systems, invention
disclosure systems through which engineers lodge new inventions
for patentability review, patent search tools to support litigation
and competitive intelligence, and a bevy of technical literature
files to support prior art searching. At the core of an efficient
IP Ecosystem is a cadre of subject matter experts.
Jacob Hawley, Vice President of Engineering, said: "after
investigating leading patent search engines and strategic IP management
solutions, we chose PatentCafe's, largely because of its advanced
LSA search engine. The combination of PatentCafe's international
patent database and artificial intelligence technology give Acacia
a powerful, secure platform upon which to continue building our
proprietary in-house patent analysis tools and infrastructure."
PatentCafe's ICO Suite is a scalable, flexible patent management
hardware / software solution that's easily tailored to integrate
into any IP management structure. Unique to the patent information
industry, the ICO Suite allows users to simultaneously search PatentCafe's
international patent data center (outside of the company's firewall),
and any unstructured non-patent literature collections such as invention
disclosures and scientific journal articles (residing within the
company's firewall).
The company's web-based patent analytics tools can then statistically
analyze the legal, commercial and technological factors of a patent,
providing management with critical qualitative insight needed to
support litigation strategy, patent portfolio M&A, technology investment,
due diligence, business development and licensing activities.
PatentCafe invested nearly two years into training its LSA database
to understand every technology concept taught in nearly 1/4 billion
pages of patent data. This resulted in the industry's only natural
language patent search engine that allows researchers to use search
queries up to 4,000 words of conversational English. The search
results are relevancy-ranked, with the most important patents presented
at the top of the list.
"Our Fortune 100 customers are using the ICO Suite to build
higher quality patent portfolios, and more efficiently protect and
enforce their patent assets. The relevancy-ranking advantage to
our customers is an annual savings of more than $10,000 per full
time researcher when compared to their traditional patent search
engine costs." says Gibbs.
In addition to the Semantic search, PatentCafe's patent management
solution incorporates another proprietary search alternative: Heuristic
Boolean. Termed "SuperBoolean", the Heuristic Boolean engine is
the only search engine that can relevancy rank Boolean hits according
to proximity to a natural language query.
|