Lecorpio Announces Next Generation Flagship Product

FREMONT, Calif., May 28, 2015 /PRNewswire/ -- Lecorpio, the leader in cloud-based intellectual property (IP) management and analytics, unveiled at its third annual user conference a significant new version of its software suite.  Lecorpio 3.0, which is immediately available, features greater automation, a new set of trademark management capabilities, and a new suite of spend management capabilities. This Lecorpio release offers patent and trademark data from the USPTO, CIPO and WIPO; an enhanced rules engine covering the globe for all IP types; and support for over 40 languages.   

IP attorneys are under increasing pressure to align their program strategy with business needs. This requires a new level of data. A key component of Lecorpio 3.0 is intelligent spend management as it enables companies to track and budget at the matter level, analyze spend through every phase of the IP process and forecast spending using targeted historical insights. The system updates were architected to take into account the highly repeatable nature of IP. By automating cumbersome legal processes, Lecorpio 3.0 makes it simple for users to access granular data and identify problems or opportunities that may have previously been overlooked.

"We've empowered entire workforces to innovate from anywhere, and now we're releasing advanced automation capabilities that will allow enterprises to be in charge of their own dockets," said Mark Bullard, vice president of product management at Lecorpio. "Users will be able to quickly dial in a clear picture of all their data while eliminating tedious manual downloads or double docketing. Lecorpio 3.0 puts reporting and analytics directly into the workflow, providing IP departments with valuable insights."

To accelerate user productivity, Lecorpio chose to focus on automation and portfolio insights as key components of its 3.0 release. Systematizing labor-intensive processes gives Lecorpio customers access to more data in real-time and insights provide users with relevant data that can be used at optimal points in the workflow.

"Lecorpio has been a leading IPM solution provider for many years, and we expect its 3.0 updates to shine," said Eyal Iffergan, Managing Principal at Hyperion Research. "We've seen the market swell recently with big brands turning their attention to maximizing corporate value derived from IP. By integrating essential capabilities like auto-docketing and spend management to its solution, we believe Lecorpio is being directly responsive to emerging customer needs."

About Lecorpio
Lecorpio, the leader in IP management and analytics solutions, helps innovative companies quickly turn ideas into assets. The enterprise-class suite of applications spans the entire IP supply chain, including invention disclosure management, patent and trademark management, spend management, licensing management and general matters management. The solution includes powerful workflow capabilities that easily configure to a company's business process and includes a configurable user dashboard with real-time visibility into the IP portfolio.

Five of the top 20 U.S. patent assignees rely on Lecorpio as do top innovators like Adobe, T-Mobile, Analog Devices, Rockwell Automation, NEC, NetApp and Red Hat.

CONTACT: Amanda Felix, (408) 395-5500, [email protected]

SOURCE Lecorpio