sydney - 21 april - legal and ip - danny adams

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My IP Journey Copyright All rights reserved

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Page 1: Sydney - 21 April - Legal and IP - Danny Adams

My IP Journey

Copyright All rights reserved

Page 2: Sydney - 21 April - Legal and IP - Danny Adams

GoFar

2 US patents

1stcustomer

13-22% fuel savings

22%

Top ratedstart up

3*National Winner

Funded

Kickstarter

$$$K

Strongteam

Page 3: Sydney - 21 April - Legal and IP - Danny Adams

Copyright All rights reserved

What is a patent?

Page 4: Sydney - 21 April - Legal and IP - Danny Adams

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What is a patent?

A patent is a government granted monopoly for an invention over a limited period of time

Page 5: Sydney - 21 April - Legal and IP - Danny Adams

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Why apply for a patent?

Page 6: Sydney - 21 April - Legal and IP - Danny Adams

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How do I get a patent?How much does it cost?How long does it take?

Page 7: Sydney - 21 April - Legal and IP - Danny Adams

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Novelty Search - July 2009

$522

Total$522

Page 8: Sydney - 21 April - Legal and IP - Danny Adams

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Draft and file provisional patent application - October 2009

$6,080$1,540 (1 Amendment)

Total$8,142

Page 9: Sydney - 21 April - Legal and IP - Danny Adams

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International Type Search -August 2010

$2,786$109 (1 phone call)

Total$11,037

Page 10: Sydney - 21 April - Legal and IP - Danny Adams

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PCT Filing - August 2010

$17,636$2,736 (for second invention)$607 (2 emails)

Total$32,016

Page 11: Sydney - 21 April - Legal and IP - Danny Adams

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1st US Patent Application - May 2012

$6,241

Total$38,257

Page 12: Sydney - 21 April - Legal and IP - Danny Adams

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1st US Patent Acceptance -September 2012

$2,541

Total$40,798

Page 13: Sydney - 21 April - Legal and IP - Danny Adams

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US Continuation (2nd Patent) -November 2012

$5,276

Total$46,074

Page 14: Sydney - 21 April - Legal and IP - Danny Adams

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2nd US Patent Acceptance -September 2012

$2,379

Total$48,453

Page 15: Sydney - 21 April - Legal and IP - Danny Adams

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Other US Patent Costs -February to August 2013

$460 (fees)$3,027 (fees + email)$429 (email)$300 (email)$395 (fees)

Total$53,064

Page 16: Sydney - 21 April - Legal and IP - Danny Adams

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What would I do different next time?

Draft the provisionalFile later or re-fileNo PCT

The Ric Richardson approach

Page 17: Sydney - 21 April - Legal and IP - Danny Adams

Thank you

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e: [email protected]

w: gofar.co

GoFarCar

Page 18: Sydney - 21 April - Legal and IP - Danny Adams

PRESS

gofar.co Copyright All rights reserved