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General Patent Corporation Calls New Patent Reform Bill Harmful to Inventors and Entrepreneurs
Date:4/13/2009

General Patent CEO Alexander Poltorak, writing in the syndicated "Washington Watch" column, strongly criticized the proposed Patent Reform Act of 2009 saying that "recycling a piece of failed legislation is not the best way to protect American inventors and spur innovation."

Suffern, N.Y., (PRWEB) - General Patent Corporation chairman and CEO Alexander Poltorak, writing in the popular syndicated "Washington Watch" column circulated throughout the country, strongly criticized the proposed Patent Reform Act of 2009, and said that "recycling a piece of failed legislation is not the best way to protect American inventors and spur innovation."

Calling the proposed new bill "a warmed-over version of a proposed policy package that didn't pass the first time it was introduced in 2007," Dr. Poltorak said "the apportionment of damages and other changes would weaken patents and make it easier for offshore copycats to bring pirated goods into the U.S. This," he continued, "could have serious consequences for American jobs and the country's competitiveness in the global economy."

The proposed changes would transform the U.S. system for granting patents from a "first-to-invent" basis to the European-style "first-to-file" system, which would lead to a "race to the Patent Office" that favors large corporations over small inventors.

"Many critics," Dr. Poltorak said, believe the proposed changes as currently written "will diminish many of the protections offered by the current law and discourage innovation and venture investment, and make it even more difficult to enforce a patent."

Dr. Poltorak's company, General Patent Corporation, has for the past 22 years assisted inventors and entrepreneurs with licensing and enforcement of their patents, and helped them protect their intellectual rights and property under the law.

Dr. Poltorak, a national expert on the U.S. patent system and co-author of two books on the subject, says that the new bill "will devalue patents, and stifle innovation and entrepreneurship." He is also founder and president of the non-profit organization American Innovators for Patent Reform (AIPR), and suggests that readers write to their respective Senators and Congressional Representatives to express their views about the Patent Reform Act of 2009.

For further information, contact General Patent Corporation at www.generalpatent.com, telephone 845-368-4000 x116.

About General Patent Corporation
General Patent Corporation (GPC), headquartered in Suffern, New York, is the premier intellectual property (IP) boutique focusing on patent licensing and patent enforcement, as well as IP strategy and IP valuation. GPC represents clients in assertive licensing, patent infringement claims and patent infringement litigation on a contingency basis. For more information, visit www.generalpatent.com.

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Read the full story at http://www.prweb.com/releases/patent-infringement/patent-enforcement/prweb2316384.htm.


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