RALEIGH, N.C. and SAN FRANCISCO, Oct. 19, 2016 (GLOBE NEWSWIRE) -- Many social, political and general content curation outlets place significant reputational responsibility on providing accurate and truthful information to users. The need to fact check has certainly been heightened in view of the current U.S. election cycle. Technical solutions being developed certainly offer opportunities to, in real-time, fact check information. Adapt IP Ventures was recently retained by Lucas Myslinski, a seasoned patent attorney and individual inventor based in Sunnyvale, California, to broker his fact checking patent portfolio for acquisition, license, or use in business development partnerships.
Offering these patents to the market represents Myslinski’s second foray into patent monetization. In 2013, Myslinski retained Adapt IP to market Myslinski’s first tranche of fact checking patents. Ultimately, a major social networking company would go on to acquire the first set of his patents, allowing him to re-invest proceeds into new innovations.
Brian Bochicco, Vice President of Monetization Services at Adapt IP comments, “We are excited to represent Lucas again. In light of this particular election season, we think the timing of this opportunity couldn’t be better. Even Google has just launched its own fact checking feature within its Google News service just days ago, further underscoring the corporate interest in the fact checking arena.”
Since his first IP transaction, Myslinski has focused on inventing a new set of patents in the fact checking technology space, predominately covering the back-end architecture to efficiently carry out fact checking steps both on hardware and across a network. In this portfolio of 7 US patents and 15 pending US patent applications, Myslinski’s IP spans the following representative concepts:
- Staged approach in accessing truthfulness (e.g. exact match to semantic match)
- Utilization of one or many local or remote databases as a way to optimize speed and accuracy of fact checking content
- Integration of “pipelining” fact checking process
- Parsing content by key words or phrases
- Display of fact checking determinations based on end user device type and configuration
“The dialog by and between Hillary Clinton and Donald Trump unfortunately highlights the need for automated, real-time fact checking,” comments Grant Moss, Founder and President at Adapt IP. “Instead of the apparent verbal race to the bottom, we should be empowering entrepreneurs to develop and build valuable IP and technology platforms such as Lucas’.”
Companies interested in receiving additional information about this IP should contact Grant Moss and/or Brian Bochicco at Adapt IP.
About Adapt IP Ventures, LLC
Adapt IP provides transaction advisory services designed to assist individual inventors, companies and universities understand and extract value from their patents. Typical transaction-related engagements consist of Adapt IP developing and executing custom strategies to sell, license or acquire patents while our advisory services focus on IP valuation and strategy engagements. For more information, please visit www.adaptipventures.com.
Source:Adapt IP Ventures, LLC