This week’s “News for Inventors”

January 28, 2005 on 6:00 am | In Independent Inventors |

I/P Updates talking about the "FreePatentAuction.com" website: 
http://feeds.feedburner.com/IntellectualPropertyUpdates?m=1221

"Promotion firms need to be vetted"
[mentions invention promotion company:  Advent Product Development]
http://www.dailynews.com/Stories/0,1413,200~20950~2668439,00.html

IPNewsBlog:  "Debunking a myth:  The Poor Man’s Copyright, or, why 37 cents won’t get you the same protection as the Copyright Office."
http://feeds.feedburner.com/IpNewsBlog-Ipnewsblogcom?m=557

"Company entices inventors but has multiple complaints"
http://home.hamptonroads.com/stories/story.cfm?story=81005&ran=161170
This is one of the better newspaper pieces on invention promotions companies I have EVER seen.  Definitely worth a read.  Interesting quotes: 

"Some Invent-Tech clients have signed confidentiality agreements, which threaten legal action for disclosing to anyone, including "any governmental agency or department," any information "affecting or relating to the business of Invent-Tech," according to a copy of one agreement."

In the small print of Invent-Tech’s "Invention Research and Documentation Proposal," which clients sign, the company claims no product successes.

"The total number of customers known by Invent-Tech to have received a net financial profit as a direct result of the invention promotions services provided by Invent-Tech is zero," the document reads. "…The total number of customers known by Invent-Tech to have received license agreements for their inventions as a direct result of the invention promotion services provided by Invent Tech is zero."

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