How to evaluate patent?

CLS Bank: The patent eligibility of computerized trading platforms for exchanging obligations  June 16, 2016 – 01:17 pm
Inventors use patents to

By Barry Wilson and Martin Bader

On July 9, 2012, a three judge panel of the Federal Circuit in CLS Bank International v. Alice Corporation (Appeal No. 2011-1301) ("CLS Bank"), decided a case of patent eligibility under 35 U.S.C. § 101. In a split decision, the panel reversed the district court's finding that three Alice Corporation patents claiming a computerized trading platform for exchanging obligations are drawn to patent ineligible subject matter. In holding the claims valid, the court found that the claims at issue included computer implemented limitations that are integral to the invention and not token post-solution activity. The court stated that claims should not be found patent ineligible unless it is "manifestly evident, " that the claims are directed to an abstract idea. CLS Bank is the first Federal Circuit decision on patent eligibility following the Supreme Courts' unanimous reversal of that court in Mayo Medical Laboratories v. Prometheus Laboratories 566 U.S. ____ (2012) ("Prometheus"). The majority decision in CLS Bank, as characterized by the dissent, departs significantly from the § 101 analysis enunciated in Prometheus.The Alice Corporation patents contain system, method and media claims pertaining to a business method for exchanging obligations in which a trusted third party settles obligations between a first and second party so as to eliminate risk. (The court analyzed all of the claims similarly and its decision did not turn upon the statutory class of the claims at issue.) Claim 33 of U.S. Patent 6.910, 510 patent is illustrative of the method.

Source: Intellectual Property Law Blog

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5 Billion Cell Phones Worldwide...Good Market?

Thank you for stopping by. . . please read on:
I realized that the economy is not going to recover for five years or so, and the lack of work available in my field, Accounting Information Systems has lead me to revisit a project. A product for the cell phone industry. Whether it is a "must have" or "lower hanging fruit" that is yet to be determined, but I need to know. After presenting to...nd collateral.
If I have succeeded in capturing you attention then you are reading this sentence and I'll inform you that a non disclosure statement is necessary prior to discussions and prefer to meet in person at a public place, coffee, is my preference what is yours? Wow! 5,000,000,000 customers.
If you cannot meet in person all can be accomplished via technology.

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