Identifying which patents are being infringed by the world of products is an enormous task. Consequently, many patent owners do not have the resources, experienced personnel, or systems in place to implement such a program. As a result, tens of millions of dollars (or more) in licensing fees (or damages) go un-collected. The solution is our contingent patent enforcement service, which requires no up front fees.
We are not a law firm. Instead, we will hire as many law firms as needed and in the jurisdictions needed to enforce your patents. We will also make sure that the necessary funding is available to enforce your patents.
To be considered for our contingency patent enforcement service, you must own one or more issued patents.
Please understand that we are regularly contacted by persons who have no patents. Consequently, please include the patent number of at least one of your U.S. patents when contacting us. If none is included, we will not respond to your inquiry.
A U.S. patent number is seven digits and begins with 5, 6, 7, or 8 such as 8,123,564. A patent application (have a number such as 2012/1234567 or 13/135,235) is not enough because a patent application is not enforceable until it issues as a patent.
We do not offer patent prosecution services (helping clients get patents) or patent commercialization services (persuading companies to use a patented technology in order to generate royalties).
Cronos IP Solutions LLC
2436 Tour Edition Drive
Henderson, NV 89074, US
1) What is your contingency rate?
2) What assets or licenses, if any, do you require for engagement?
3) How many millions (total) did your clients receive over the past 12 months as a result of your contingent monetization services?
A little weasel clause there, I think.
Yeah, I'd like to see them try to put Poker For Roulette in a box and stick it on a shelf at K-Mart.
I will refrain from comment.
" Yeah, I'd like to see them try to put Poker For Roulette in a box and stick it on a shelf at K-Mart. "
I will refrain from comment.
But DJ, it's what I want Santa to bring me for Christmas !
These guys are just vultures feeding off of the broken patent laws. Destryoing SMBs by enforcing some obscure and ridiculous patents that shouldn't even exist in the first place.
Just to name a few:
you frequently change the logo of your website - they'll sue you (owned by Google)
your software has a page up / page down functionality - they'll sue you (owned by Microsoft)
your product has rounded edges and a flat surface - they'll sue you (owned by Apple)
It is a huge business done by worthless individuals making a lot of money while contributing absolutely nothing to economy or society.
I am not disparaging this particular service, but every time I had a patent approved I was bombarded with junk mail on services to market my patent. Sometimes they send a bill that looks like it is coming from some official government agency. I've always wondered specifically what these services do.
The same happened to me -- the junk mailings tipped me off my gaming patent had been approved.
Btw, it took over two years of trying to contact IGT before they are willing to talk to me about my patent. It is just a hard process for an individual inventors so services like this company may have some value.