Free Invention Review
The purpose of the Montgomery IP Associates Inventor Disclosure is to inform inventors that the process of creating a new product/concept and developing it into a commercial success is extremely difficult, time consuming, often frustrating, confusing and usually costly. To succeed, inventors normally must accomplish, at a high level: the legal process (patents, copyrights, trademarks, etc); engineering, scientific or technical factors; production concerns; and, market distribution. For an individual inventor, this can be a daunting task and should be carefully considered before risking talents, time, energies and capital.
Although an inventor can always represent themselves, inventors are strongly encouraged to seek advice and assistance only from licensed professionals. Montgomery IP Associates' mission is to provide coordinated, professional services for inventors to help launch their invention ideas into new products onto the market through their family of companies: Patently Brilliant, Ad-Gen, and Montgomery Patent and Design.
Patently Brilliant specializes in consulting, researching and educating small and micro entity inventors. Patently Brilliant never evaluates an invention in terms of potential marketability. Patently Brilliant employs their exclusive, in-house patent and engineering law firm Montgomery Patent & Design on behalf of inventor clients. Advertising, virtual prototypes, websites and representation services are provided by Advertising - Generation, LLC through their proprietary website ForSaleByInventor.com, also part of Montgomery IP Associates. This process ensures a coordinated effort and complete confidentiality.
Montgomery IP Associates family of companies neither singularly nor collectively, considers itself to be an invention promoter or developer; regardless, the following is disclosed in the spirit of full disclosure.
The total number of inventors who contacted Montgomery IP Associates family of companies over the past 5 years is approximately 125,000; from that total, approximately 60,000 submitted ideas for review with about 12,000 offered contracts for research services; resulting in 4,073 contracting for professional research services. Following research, 2,257 received positive professional opinions of patentability and feasibility and were proffered development agreements. 1,214 inventors contracted for some combination of our patent, engineering and marketing services.
Of the total clients contracting for our services, 38 received licensing agreements and 21 have reported a net financial profit while hundreds of cases still remain active. Licensing is just one option that an inventor can pursue to commercialize their invention and was not pursued by clients who only contracted for legal, engineering or sales representation services. An additional 174 inventions have reported commercial success meaning that they either have been or are currently available for sale. Since these clients have no obligation to report their specific financial records to us, we are not aware of how many of these have made more than they spent on their invention.
DISCLAIMER: Past performance of professional services can provide no guarantee of future profits or that anyone will agree to purchase, license, produce or distribute any invention idea. Bringing an invention from an idea to marketed product is a high risk venture.
I have read the Patently Brilliant Inventor Disclosure and want my free review.