Saturday, December 22, 2007

Patents/Trademarks Record Highs

Number of US Patents & Trademarks Record High: USPTO 2007 Fiscal Year-End Results Demonstrate Trend of Improved Patent and Trademark Quality Production at all-time record levels Washington, D.C. - The U.S. Department of Commerce's U.S. Patent and Trademark Office (USPTO) (WWW.USPTO.GOV <http://www.USPTO.GOV> ) today released record breaking year-end numbers that reveal historic improvement in the quality of patent and trademark reviews and subsequently the quality of issued patents and registered trademarks. The quality numbers are part of the agency's FY 2007 Performance and Accountability Report, also released today. "The sustained trend of quality improvements are a tribute to the internal quality initiatives of our managers and employees," said USPTO Director Jon Dudas. "Of course, the quality of patent and trademark examination is a shared responsibility that begins with the application." Patents - Quality and Productivity at Historic Highs: Sustained Focus on Quality Garners Results In FY 2007, USPTO's patent examiners * Examined 362,227 applications - the highest number in history. * Quality compliance was 96.5 percent - equaling last year's results, the best in a quarter century. * Patent examiner decisions were upheld by the USPTO's patent appeals board 69 percent of the time, up from 51 percent in 2005. Trademarks - Exceeding Expectations for a 2nd Record-Breaking Year For the second year in a row, the USPTO has exceeded all of its trademark-related performance goals. * USPTO's trademark examining attorneys examined a record 323,527 applications. * Quality was 97.4 percent. * The quality results exceeded fiscal year 2007 targets. * The average time from filing an initial trademark application to a preliminary decision from an examining attorney (first action) was below 3 months. "American businesses depend heavily on trademark protection for their brand names and service identities," noted Director Dudas." A trademark is often a company's most valuable asset. Consumers also rely on trademarks to help them decide among competing products and services. Thus, I am pleased we are contributing to American commerce by ensuring high quality timely trademark protection." Patent Initiatives - Poised to Make the Process Even Better For more patent & Trademark information contact: WWW.GAPATENTS.COM <http://www.GAPATENTS.COM>

No comments: