ARLINGTON, Texas, Aug. 6, 2015 /PRNewswire-USNewswire/ -- Techcomm, part of the North Texas Association of Manufacturers, proudly announces the launch of a new cloud based application automating the Pro Bono Patent Process. Texas, being at the forefront of innovations, is the first state in the U.S. to automate the Pro Bono patent program to help inventors and startups to expedite their patent application requests. By accelerating the patent process, inventors and entrepreneurs can fast-track their products into the market.
IPWayz™ is the cloud-based application providing inventors and start-ups a way to accelerate the submission of patent application requests and expedite the verification and qualification process for pro bono assistance in the State of Texas. IPWayz is an innovation application of VajraSoft Inc., a Strategic Partner of the Texas Patent Assistance Program.
Justice Craig Enoch, Chairman of the Steering Committee of Texas Patent Assistance Program stated he was "pleased to announce the launch of the automation of USPTO Patent Assistance Program in Texas. IPWayz, of VajraSoft Inc., offers significant benefits to both inventors and attorneys. First, it accelerates independent inventors and start-ups through their patent application process. Second, it allows patent attorneys to manage their case dockets and patent prosecution lifecycle. Proudly, Texas is the first state to launch this level of end-to-end automation, providing quicker time to market."
With this innovative solution in place, the Texas Patent Assistance Program is strongly aligned to increase its outreach activities, better interact with the applicant community, and decrease patent application requests backlog, while improving the quality of patent applications.
Another unique aspect of this solution is that it provides the seamless continuity for the patent attorneys to not only leverage the patent drafting and filing capabilities within IPWayz, but also docket and manage the patent prosecution lifecycle as well, thereby providing faster time to market and superior time to value.
"This automation is aligned with our strategic objectives to accelerate our invention-based economic development and create jobs throughout North Texas. Our partner, VajraSoft, Inc. has assisted us to further our initiatives in serving the economically disadvantaged inventors as they launch their innovations into the marketplace. We look forward to officially unveiling IPWayz capabilities at the Texas Global Innovation and Intellectual Property Summit, August 27 in Austin, TX," said Wes Jurey, President & CEO of the North Texas Association of Manufacturers and the Arlington Chamber Foundation.
"IPWayz provides automation framework to expedite inventors' patent application requests and then provision the collaboration with patent attorneys to draft, file and manage patent applications. The applicants, invention disclosures and assigned attorneys can be managed within the application. This one stop shop solution accelerates the patent application process and provides superior time to value," added Kameshwar Eranki, CEO of VajraSoft Inc.
About North Texas Association of Manufacturers
The North Texas Association of Manufacturers (NTAM) is a non-profit established by the Arlington Chamber of Commerce Foundation to serve as a catalyst for technology led economic development. NTAM brings together technology, capital and talent to match market needs with research capabilities of industry, academia and government.
About VajraSoft Inc.
VajraSoft Inc. is an Intellectual Property Management Software Company based in Dublin, California – helping customers to manage innovations and monetize IP's. VajraSoft Inc. provides end-to-end automation of Technology Transfer and IP Commercialization processes and its products won several Cloud awards including – UP Start Awards for Best Industry Application for 2012. CIO Review magazine listed VajraSoft Inc. as Top 20 Big Data Solution Providers for 2014. VajraSoft Inc. is also TiE50 2014 Winner and UP Start Cloud Award winner of Best BI / Analytics Application for 2013.
About Texas Global Innovation and Intellectual Property Summit
Held at the Hyatt Regency in Austin, Texas on August 27, 2015 the Summit is being hosted by the Patent Assistance Program, serving Texas and the South Central U.S. The speaker list includes distinguished leaders in Intellectual Property and the Texas Innovation Economy. Many of those leaders will moderate interactive panel discussions, opening up the sessions to address relevant needs of attendees.
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Contact Tel: 817-543-4284
Contact Email: HLewczyk@arlingtontx.com
SOURCE North Texas Association of Manufacturers