| SUFFERN,
NY, January 4, 2001 - Paul J. Lerner, Sr. Vice President
and General Counsel of General Patent Corporation (GPC),
was recently interviewed by Phillip Silverstein of the
Wall Street Reporter Magazine, regarding an increase in
the number of patent lawsuits currently being filed, and
how it affects the business of an intellectual property
management firm such as General Patent Corporation. Mr.
Lerner said in the interview that in 1996 there were a
little over 1,800 patent infringement lawsuits filed,
and that in 1999 there were over 2,300 patent lawsuits
filed, which is an increase of about 34%.
Mr. Lerner went on to say: "In addition, we are
now seeing an increasing number of business method patents
issuing from the patent office, and these are going
to be a very significant cause of litigation, simply
because many of the business methods that are covered
by these patents are probably being practiced by other
businesses." He added: " I think that we're
going to see an even greater increase in the amount
of patent litigations when we receive statistics for
the year 2000, especially in the field of business method
patents."
Mr. Lerner went on to explain that GPC is a full service
intellectual property (IP) management company: "General
Patent does IP portfolio management… technology
transfer… licensing of intellectual property and,
most notably, patent enforcement on a contingency basis."
He further stated: "Much of GPC's work involves
patent infringement litigation, assisting both individual
inventors and corporate clients. GPC is the leading
contingency patent enforcement firm in the U.S."
About General Patent Corporation
General Patent Corporation is a leading intellectual
property (IP) management firm based in Suffern, NY.
GPC provides IP analysis and strategy to domestic and
foreign businesses, universities, research institutions
and inventors. Client services include patent licensing
and enforcement, IP portfolio audit and valuation, IP
portfolio management, and international technology transfer.
For further information on GPC contact General Patent
Corporation, Montebello Park, 75 Montebello Road, Suffern,
NY 10901-3740; telephone: (845) 368-4000; e-mail: info@gpci.com;
or visit www.patentclaim.com.
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