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Mel Barnes (Owner)     08 September 2012

Contingency based patent monetization

 

Cronos IP Solutions provides one service - monetizing patents.  Our expertise in this area helps us achieve our mission - to generate significant revenue for clients from their patents.  We offer our services only on a contingency basis.  This means our fees are tied directly to the revenue received by our clients, which also ensures our interests are aligned with those of our clients. 

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).

Contact Information:

Cronos IP Solutions LLC
2436 Tour Edition Drive
Henderson, NV 89074, US
Phone: 202-558-5355
Fax: 202-318-7456
Website: https://www.cronosips.com/Patents.html


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