Korean Intellectual Property Office Signs with IP.com

AMHERST, N.Y., Jan. 6, 2011 /PRNewswire/ -- IP.com, the world leading provider of intellectual property and innovation solutions, announced a formal agreement with the Korean Intellectual Property Office (KIPO) for the use of IP.com's Prior Art Database (PAD).   The agreement was overseen by KIPO's representative Director Mr. General D.H. Jae and IP.com's exclusive Korea partner Global Techlink Inc. (GTL), an intellectual property consultancy, and signed by GTL CEO Mr. Johney Kim on October 18, 2010, at Seoul's Daejeon Government Complex.

Korea is recognized globally as an innovation leader with its membership in the "IP5", the forum representing the top five intellectual property offices in the world.  In addition to Korea, the IP5 includes the United States, China, the European Union, and Japan, and thanks to the new agreement, Korea will now join the other IP5 countries in offering the resources of the PAD in order to ensure the quality and strength of patents.  

"We are incredibly honored to be partnering with the Korean Intellectual Property Office to offer them complete access to the Prior Art Database," said Thomas J. Colson, CEO, IP.com.  "Since only one existing prior art can invalidate a patent, the PAD is essential to a thorough vetting of any patent application.  Companies and individuals who now apply for sole control of their intellectual property in Korea can now be confident that they have been subject to a rigorous and comprehensive patent approval process by the KIPO."  

GTL CEO Kim added, "Local patent quality will be improved by the launch of IP.com's PAD service.  Patent analytic firms, companies, universities, and organizations will no longer be dependent on ineffective research methods, and will have better knowledge of international trends and histories in research and development."

IP.com has the most extensive prior art database in the world, with IBM, Microsoft, Intel, HP, Sony, and other global companies publishing their prior art through IP.com.  In addition to the IP5, the intellectual property offices of 34 countries around the world now rely on IP.com's PAD, and that number continues to grow.

To learn more about IP.com, visit the company's website, or learn about the PAD at http://priorartdatabase.com.

About IP.com

IP.com, the world's leading repository for defensive publications and one of the most important prior art search destinations for worldwide patent examiners.  IP.com offers solutions to help companies effectively manage their flow of innovation.  Many of the world's most innovative companies use IP.com's services to support their patenting strategies.  With products ranging from prior art publishing and searching to the legal safeguarding and enterprise-wide innovation management system, IP.com offers scalable services to fit the needs of any organization.

About Global TechLink

Global TechLink is the multinational technology & intellectual property transaction corporation that covers the whole range of Intellectual Property Right cycle from the development and protection of IPR to the commercialization of it. With worldwide technology licensing and IP experts, GTL can help companies effectively monetize its technology and patents by either selling or licensing. Many of the world's global companies, research institute and universities are using GTL's services to monetize their technology and patents.  

SOURCE IP.com