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Truth to Power - Episode 4
Manage episode 485452948 series 3664334
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On this week’s episode of #TruthtoPower, our Founder & CEO, Philip Totaro deconstructs the patent infringement litigation between 3S Lift and Cooper New Energy on climb assist systems. This new litigation may end up costing Cooper millions in product sales, simply because they did not undertake an IP Risk Certification as part of their go to market launch strategy in the USA. To date, there has been more than $5.2 billion in total commercial loss in the wind energy sector due to patent litigation dating back to 1994. IntelStor’s IP risk certification has saved more than $390 million in royalty payments and legal damages that companies would have otherwise had to pay.
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