Press Releases

Patent Indices Hit Long Time Highs

ALBANY, NY (July, 2008)(8:00)(EST) — Hoffman Warnick LLC, an intellectual property law firm based in Albany, NY, has released the Tech Valley Patent Index for Second Quarter 2008.  The “Patent Index” includes data for: the Capital Region ( Albany , Schenectady , Saratoga and Rensselaer counties), Tech Valley , Tech Valley without IBM and GE, and the Capital Region without GE.

With regard to the Second Quarter, “the numbers across the board are at long time highs, which is a pleasant surprise considering the national number is only up a small amount," stated Spencer Warnick , partner at Hoffman Warnick LLC.  Of note, the Capital Region without GE patent index is at a record high, perhaps indicating the increasing influence of the presence of International Sematech in the region.  Also, the Capital Region patent index is at its highest amount in almost three years.

The "Patent of the Quarter" is chosen to illustrate firsthand the creativity of Tech Valley inventors.  This quarter, the POQ is awarded to: US Patent No. 7355508 issued to Zahid Mian, Ryk Spoor and Ron Gamache for a “System and Method for Monitoring an Area.”  The patent issued April 8, 2008.  The patent is assigned to International Electronic Machines of Albany, which is a client of Hoffman Warnick LLC.