Re: Just a reminder...
posted on
Oct 17, 2008 05:52AM
A very difficult task when you consider how fast this industry introduces new products and applications.
Part of the equation is projecting present product use into the future, which is difficult due to design and application changes and product replacement.
Using the crystal ball to project future applications requires expertise in the technology, DM probably has many technical experts along with the edig engineering team, including PN.
It would be apparent that the infringer would have the greatest understanding of future applications since their research and engineering functions must always be years ahead of product introduction.
Information of this nature is extremely confidential and hopefully a degree of sharing this type of information would result in a mutual agreement related to future patent use.
i suspect the major portion of the dollar amount will be based on past and present revenues/profits and even though we would like to see a meaningful amount based on the future, I don't see much faith in this area other then by some sort of a license agreement on future applications.
The result would be the best of both worlds as this would provide edig with an ongoing revenue stream in addition to settlement amounts.
One last comment, I don't think RP has the technical knowledge to project future applications any more than most on this board.