New Jersey Patent of the Month – April 2024
PatNotate, LLC was founded to bring a more efficient approach to applying for a patent. The patent application process is often fraught with non-billable time spent on patent reviews and write-offs. There is also a risk of comprehension error when menial tasks get in the way. To streamline the process, the company has built a system that automates processes and allows for improved patent annotations. To put their system to the test – they had it patented.
Their new patent covers technologies for content analysis, bringing a patent annotation technology that enhances comprehension and usability. This technology involves recognizing numbers in figures, identifying corresponding text, and forming associations between them. But let’s dive deeper into what makes PatNotate’s invention truly remarkable.
Traditional patent annotation methods often struggle with varied fonts, complex figures, and contextual understanding. PatNotate’s method addresses these challenges head-on. By seamlessly linking numbers in figures to relevant text, this invention streamlines the annotation process, making it more accurate and user-friendly.
One key feature of PatNotate’s method is its ability to dynamically present figures and corresponding text side-by-side. When a number in a figure is activated, the associated text is highlighted, providing instant context without the need for manual searching. This interactive display not only saves time but also enhances comprehension, especially for complex patent specifications.
PatNotate’s invention offers intuitive navigation tools, such as back and forward buttons, facilitating seamless movement between figures and text. This feature eliminates the need for users to manually track their position, enhancing overall efficiency and reducing user frustration.
Another standout aspect of PatNotate’s method is its adaptability to different viewing modes, such as dark mode or blue light mode. By adjusting the presentation based on user preferences, this invention ensures optimal readability and user comfort in any environment.
PatNotate’s invention represents a significant leap forward in patent annotation technology. By combining advanced recognition algorithms with user-centric design principles, this method revolutionizes how patents are annotated, making the process more efficient, accurate, and user-friendly than ever before. With PatNotate’s method, navigating complex patent specifications is no longer a daunting task but rather a seamless and intuitive experience.
Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.
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The Research & Experimentation Tax Credit (or R&D Tax Credit), is a general business tax credit under Internal Revenue Code section 41 for companies that incur research and development (R&D) costs in the United States. The credits are a tax incentive for performing qualified research in the United States, resulting in a credit to a tax return. For the first three years of R&D claims, 6% of the total qualified research expenses (QRE) form the gross credit. In the 4th year of claims and beyond, a base amount is calculated, and an adjusted expense line is multiplied times 14%. Click here to learn more.
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