Frameri Patent Portfolio Report 10.29...2018/10/29 · Frameri Patent Portfolio Report 10.29.18...
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Heritage Global Patents & Trademarks 12625 High Bluff Dr #305 San Diego, CA 92130 Doug Berman, Director [email protected] 707-245-4417 Heritage Global Patents & Trademarks will be selling the Patent Portfolio of Frameri in a Sealed- Bid Auction. The Bid Submission Deadline will be January 24, 2019. Frameri was founded in 2012 and was known for its eyeglasses with interchangeable lenses and frames. The lenses could be popped out and inserted into other Frameri frames allowing for diversity of appearance with just one set of lenses. In June of 2017 Frameri reported that that 28 eyecare retailers in 15 states were selling Frameri's products. The company gained widespread attention after it was featured in a 2015 episode of "Shark Tank," a show allowing entrepreneurs to present Business Proposals to a panel of investors, also known as Sharks. The firm's founders declined an offer from one of the Shark investors, Kevin O'Leary. Frameri's Patent Portfolio consists of 1 Granted Patent and Multiple Applications Worldwide. Contact Info: Doug Berman Heritage Global Patents & Trademarks [email protected] 707-245-4417 The information contained in this report is believed to be from reliable sources, however all Due Diligence shall be the responsibility of the Bidder and shall be conducted PRIOR to Bid Submission as there will be no opportunity to conduct Due Diligence after the award to the high bidder. Key Patenting Statistics for Frameri Key Patenting Statistics for Frameri Total US Grants 1 Utility 1 Design 0 Pending US Applications (Within 5 years) 0 Average Pendency 2.92 Years Total Non-US Documents 10 Top Inventors BILLETZ, KONRAD C. 1 GAUTHIER, NOEL L. 1 Top Agents FAY SHARPE LLP 1 Frameri Patent Portfolio Report 10.29.18
Transcript of Frameri Patent Portfolio Report 10.29...2018/10/29 · Frameri Patent Portfolio Report 10.29.18...
HeritageGlobalPatents&Trademarks12625HighBluffDr#305SanDiego,CA92130DougBerman,[email protected]
HeritageGlobalPatents&TrademarkswillbesellingthePatentPortfolioofFrameriinaSealed-BidAuction.TheBidSubmissionDeadlinewillbeJanuary24,2019.
Frameriwasfoundedin2012andwasknownforitseyeglasseswithinterchangeablelensesandframes.ThelensescouldbepoppedoutandinsertedintootherFrameriframesallowingfordiversityofappearancewithjustonesetoflenses.InJuneof2017Framerireportedthatthat28eyecareretailersin15statesweresellingFrameri'sproducts.
Thecompanygainedwidespreadattentionafteritwasfeaturedina2015episodeof"SharkTank,"ashowallowingentrepreneurstopresentBusinessProposalstoapanelofinvestors,alsoknownasSharks.Thefirm'sfoundersdeclinedanofferfromoneoftheSharkinvestors,KevinO'Leary.
Frameri'sPatentPortfolioconsistsof1GrantedPatentandMultipleApplicationsWorldwide.
ContactInfo:
DougBermanHeritageGlobalPatents&[email protected]
Theinformationcontainedinthisreportisbelievedtobefromreliablesources,howeverallDueDiligenceshallbetheresponsibilityoftheBidderandshallbeconductedPRIORtoBidSubmissionastherewillbenoopportunitytoconductDueDiligenceaftertheawardtothehighbidder.
KeyPatentingStatisticsforFrameriKeyPatentingStatisticsforFrameri
TotalUSGrants 1Utility 1Design 0PendingUSApplications(Within5years)
0
AveragePendency 2.92YearsTotalNon-USDocuments 10
TopInventorsBILLETZ,KONRADC.
1
GAUTHIER,NOELL. 1
TopAgents FAYSHARPELLP 1
FrameriPatentPortfolioReport10.29.18
HeritageGlobalPatents&Trademarks12625HighBluffDr#305SanDiego,CA92130DougBerman,[email protected]
Frameri'sGlobalPatentingActivitybyYearAnalysisincludesdatafromall30jurisdictionsinwhichFrameriownspatents
Frameri'spublishedpatentsandapplicationsaredisplayedbytheirpublicationdate.Thedataintheanalysisisdeduplicatedattheserialnumberlevel,whichmeansthatonlyonedocumentiscountedperinventionpercountryanalyzed.The"OtherGlobal"setcontainsallpatentingauthoritiesnotspecificallybrokenoutintheotherdatacollections.Furthermore,theanalysisincludesbothinternallydevelopedpatents,andthosethatmayhavebeenacquiredfromotherpatentees.
Frameriiscurrentlyassignedto11patentdocumentspublishedinthelast20years.Theyhaveenjoyedagrowthrateof107.5%overthepast5years,andpeakedin2015with5globalpatentdocumentspublished.
PublicationDate
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ocum
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Source:www.AcclaimIP.com
HeritageGlobalPatents&Trademarks12625HighBluffDr#305SanDiego,CA92130DougBerman,[email protected]
BreakoutofFrameri'sGlobalPatentsByAuthorityAnalysisIncludesDeduplicatedGlobalPatentDocuments
FrameriTop10CountriesofPublication
WO(33.3%)
WO(33.3%)
EP(16.7%)
EP(16.7%)
US(16.7%)
US(16.7%)
AU(8.3%)
AU(8.3%)
CA(8.3%)
CA(8.3%)
CN(8.3%)
CN(8.3%)KR(8.3%)
KR(8.3%) OTHER(0.0%)
OTHER(0.0%)
Source:www.AcclaimIP.com
Frameriownspatentsandpatentapplicationsfrom7differentcountriesandjurisdictions.Thetop10aredisplayedinthepiechartabove.
33.3%oftheportfolioismadeupofWO(alsocalledPCTapplications)patentsandapplicationsfollowedby16.7%EPdocuments,and16.7%deduplicatedUSdocuments.
ThechartontherightdisplaystherawcountsofthenumberofglobalpatentdocumentsownedbyFrameriinthetop10patentingjurisdictions.
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FrameriTopPatentingCountries
Dataisdeduplicatedattheserialnumberlevel.Includesbothinternallygeneratedandacquireddocuments
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Source:www.AcclaimIP.com
HeritageGlobalPatents&Trademarks12625HighBluffDr#305SanDiego,CA92130DougBerman,[email protected]
Top20PatentClassificationsinFrameri'sUSPortfolioAnalysisIncludesDeduplicatedPatentFamiliesbyMeanFileDate
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Frameri'sUSPatentPortfoliobyMeanFileDatebyCPCClass
AnalysisusesFirstCPCcodelistedatthemaingrouplevel.
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G02C1
Source:www.AcclaimIP.com
50%ofFrameri'sUSpatentportfolioisrepresentedbytheirtop20CPCpatentclassifications.Inthisanalysis,wefirstperformedaserialdeduplicationonthepatents,thenanalyzedthemusingtheCPCclassificationlistedfirstonthepatentorapplication.Inthiswaytheportfolioisrepresentedsimplyandaccurately.
Thecharttotherightshowsthesameanalysisasthebubblechartforeasiercomparisonofrelativequantity.
CPCCode(MainGroup)
No.Uniqu
eUSPatentDocum
ents
Frameri'sUSPatentPortfoliobyFirstCPCClass
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Source:www.AcclaimIP.com
HeritageGlobalPatents&Trademarks12625HighBluffDr#305SanDiego,CA92130DougBerman,[email protected]
Top20PatentClassificationsinFrameri'sUSPortfolioAnalysisIncludesDeduplicatedUSPatentDocuments
Thetablebelowdisplaysthetop20CPCclassificationsattheMainGrouplevel,includingclasstitle.TheNo.PatentDocsisreiteratedfromthepreviouspage.
CPCClassCodeCPCClassCode CPCClassTitleCPCClassTitle No.PatentDocsNo.PatentDocs
G02C1 Assembliesoflenseswithbridgesorbrowbars 1
HeritageGlobalPatents&Trademarks12625HighBluffDr#305SanDiego,CA92130DougBerman,[email protected]
Thecharttotheleftshowsyear-over-yearmaintenanceactivity.Itaccountsforpreviouslyabandonedpatents,andshowsthepercentageofthepatentsthatcameupforrenewalinanyrenewaltranche,andweresubsequentlyabandoned.
IntheUS,patentsmustbemaintainedthreetimesduringtheirlifecycle.Maintenancepaymentsaredueatyears3.5,7.5,and11.5afterthepatent'sgrantdate.Ifnopaymentsarereceived,patentsexpireafterthesixmonthgraceperiodatyears4,8and12respectively.
Bywayofcomparison,approximately20%ofallrenewableUSpatentsareabandonedeachyear.
MaintenanceTrendsforFrameriPatentmaintenancetrendsareanimportantmeasureofhowapatentportfolioismanagedovertime,andspeaksvolumesaboutacompany'spatentstrategy.Somecompaniesabandonasmuchas50percentoftheirportfolioateachrenewaltranche,whileotherspaymaintenancefeesontheentireportfolioregardlessofthecurrentbenefittheportfolioconveystothepatentowner.Awell-managedhealthlyportfoliowilltypicallyshowabandonmentratesof10to20percentateachrenewaltranche.
AnnualMaintenanceBehavior
SplitbyRenewalTranche
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PatentAbandonmentTrendsforFrameri
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Source:www.AcclaimIP.com
DatesPatentsCameUpForRenewal
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PatentAbandonmentTrendsforFrameri
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Source:www.AcclaimIP.com
HeritageGlobalPatents&Trademarks12625HighBluffDr#305SanDiego,CA92130DougBerman,[email protected]
SurvivorshipTrendsforFrameriApatentsurvivorshiprateanalysisusesthesamedatafromthemaintenanceanalysistoshowthenumberofpatentsthatwereissuedonadatethatstillsurvivetoday.
Manyportfoliosshowatypicalstair-steplook,wheresurvivorshipdropsat4-yearintervalsatyears4,8and12whenmaintenancepaymentscannolongerbemade,andthepatentexpiresforfailuretopaymaintenancefees.
DatesPatentsCameUpForRenewal
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PatentSurvivorshipRatebyYearforFrameri
ChartdisplaysthepercentofFrameripatentsactiveonOctober29,2018byIssueDate
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Source:www.AcclaimIP.com
HeritageGlobalPatents&Trademarks12625HighBluffDr#305SanDiego,CA92130DougBerman,[email protected]
Overthenextfourquarters,FrameriwillpayatotalofUSD0tomaintaintheirUSportfoliowhichhighlightstheneedforasoundportfoliomanagementandmaintenancestrategy.
Inthisview,incontrasttotheviewbelow,iseasiertoreadthetotalfeesduetofullymaintaintheUSportfolio.
Maintenancefeeseffectivelydoubleateachmaintenancetranche.
Thesamechartaboveissplitintorenewaltranches.SpecialattentionshouldbepaidtopatentsintheE2andE3renewaltranches.Theyhavehadenoughtimetoprovetheirworthtothecompanyandimpactonthemarket,andtheirfeesarerelativelyhigh.
MaintenanceFeesDueinFutureQuartersThechartsbelowaidinplanningportfoliomaintenance.Theyshowthetotaldollarsdueforthesubsequent4years,byquarter,ifoneweretofullymaintainaportfolio.IntheUS,maintenancefeesriseateachrenewaltranchefrom$1800to$3600to$7400forlargeentities.Theestimatesaccountforthesedifferences,aswellasthelowerfeesallowedforsmallandmicroentities.
TotalFutureFees
FeesDuebyRenewalTranche
USMaintenanceFeesDueforFrameribyCalendarQuarter
*Chartassumes100%renewalratefor4Years
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Source:www.AcclaimIP.com
Dollars
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*Chartassumes100%renewalratefor4years
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E3(11.5Yrs) E2(7.5Yrs) E1(3.5Yrs)
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Source:www.AcclaimIP.com
HeritageGlobalPatents&Trademarks12625HighBluffDr#305SanDiego,CA92130DougBerman,[email protected]
MaintenceFeesDuebyNumberofPatentsItisvaluabletoknowpreciselyhowmanypatentsrequiremaintenancedecisionsineachofthesubsequentfuturequarters.SpecialattentionshouldbepaidtothepatentsintheirE3renewalperiodshowninred.ThesepatentscostUSD7,400tomaintaintotheendoftheirterm.Duetoterminaldisclaimers,somepatentsmayhaveonlyafewmonthsoryearsleftintheirfullterm.OtherE3patentsmaynothaveprovedvaluable,andwilllikelynotdosointheirremainingterm.
Unliketheexpirationchartswhichusethe4,8and12yearexpirationdates,thechartbelowshowsyouwhenthepaymentsareduewhichisyear3.5,7.5and11.5respectively.Usingmaintenanceduedatehelpsyouavoidunnecessarylatefeepenaltiesforrenewingapatentinthesixmonthgraceperiod.
FeesDuebyRenewalTranche
InthenextthreeyearspatentmaintenancefeesareduetotheUSPTOtotalingUSD0.Thetablebelowpresentsthefeesdueineachcalendaryearforthenextthreeyears.Thecurrentyear(2018)showswhatiscurrentlyremainingassuming100%maintenanceoftheportfolioandremovespatentsthathaveeitherhadtheirmaintenancepaidorhavealreadybeenabandoned.
TrancheTranche 20182018 20192019 20202020
E1(3.5Years) USD0 USD0 USD0
E2(7.5Years) USD0 USD0 USD0
E3(11.5Years) USD0 USD0 USD0
TotalTotal USD0USD0 USD0USD0 USD0USD0
No.Patents
No.ofFrameriUSPatentswithMaintenanceFeesDue
Displaysnumberofpatentswithpaymentsdueatyear3.5/7.5/11.5afterissuedate.
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Source:www.AcclaimIP.com
HeritageGlobalPatents&Trademarks12625HighBluffDr#305SanDiego,CA92130DougBerman,[email protected]
EvolutionofKeyInventorsinFrameri'sUSPortfolioAnalysisIncludesDeduplicatedUSPatentDocuments
ThechartbelowshowsFrameri'spatentportfoliobyinventorandbypublicationdate,representinga10-yearwindow.Thechartidentifiesthetop20mostprolificinventorsoftheirorganicportfolio(i.e.acquiredpatentsareexcludedfromtheanalysis).ThechartismostusefultoidentifykeyinnovatorsandtheirlevelofcurrentpatentingactivityatFrameri.
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EvolutionofInventorsforFrameri
AnalysisincludesUSLawFirms(normalized)
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Source:www.AcclaimIP.com
HeritageGlobalPatents&Trademarks12625HighBluffDr#305SanDiego,CA92130DougBerman,[email protected]
0ForwardCitations
PatentUS9753303(Removableeyeglasslensandframeplatform)hasearned0forwardcitationssinceitwasfiledon2014-08-27makingitFrameri'smostcitedpatent.Topcitersinclude.
3.03YearsPendency
PatentUS9753303(Removableeyeglasslensandframeplatform)hasthelongestpendencyofanyofFrameri'sUSpatentholdings.Patentswithexceptionallylongpendenciestendtobetoppatents.
18Claims
PatentUS9753303(Removableeyeglasslensandframeplatform)boasts18claims,puttingitinfirstplaceamongallFrameripatents.Patentswithahighernumberofclaimsrequirealargerinvestmentinprosecutionandtendtobebetterpatents.
11FamilyMembers
PatentUS9753303(Removableeyeglasslensandframeplatform)contains11membersinitssimplepatentfamilymakingitthepriorityUSdocumentinFrameri'slargestpatentfamily.Patentsfromlargefamiliescontainingdivisionals,continuationsandalargeecosystemofnon-UScounterpartsrepresentalargeinvestmentinpatentingandareoftenhighvaluepatents.
148WordsinClaim1
PatentUS9753303's148-wordclaim...
Aneyeglassassemblycomprising:aframehavingfirstandsecondlensopeningsformedtherein,theframeincludingoneofagrooveandaprotrusionaroundthelensopenings;atleastonelensdimensionedforoperativeassociationwithatleastoneofthefirstandsecondlensopenings,thelensincludingoneofagrooveandaprotrusion;andakeyselectivelyinterconnectingthelenstotheatleastoneofthefirstandsecondopeningsintheframe,thekeyincluding(i)anotherofaprotrusionandagroovealonganinnerperimeterthatmateswiththeoneofthegrooveandprotrusionofthelens,and(ii)anotherofaprotrusionandagroovealonganouterperimeterthatmateswiththeoneofthegrooveandprotrusionoftheframe,whereinthekeyhasatabprotrudingoutwardlyfromaremainderofthekey.
...istheshortestamongallFrameri'sUSutilitypatentsgranted.Shortclaimstendtobeverybroad.
12StrengthScore
PatentUS9753303(Removableeyeglasslensandframeplatform)hasearnedthehigheststatisticalstrengthrankingofallFrameripatents.Apatent'sstatisticalstrengthiscalculatedusinganassortmentofweightedvaluemetricsandhasbeenshowntohaveapositivecorrelationwithapatent'struevalue.
Frameri'sInterestingPatentsThefollowingisashortlistofinterestingpatentsownedbyFrameri.Thepatentsdescribedbelowarestandoutswhenrankedbyvariousstatisticalvalueindicators.Acompleterankedlistbyanyofthesemeasures-andupto30more-maybeprovidedonrequest.
HeritageGlobalPatents&Trademarks12625HighBluffDr#305SanDiego,CA92130DougBerman,[email protected]
