Abingdon, United Kingdom (PRESS RELEASE – September 2, 2009) – Conduit Partners Limited, the UK’s leading specialist in early stage business-building for technology-based companies, today announces that it has won a contract to become one of four selected providers of Patent Appraisal Services to Invest Northern Ireland (INI), Northern Ireland’s economic development agency. Conduit Partners will join an exclusive list of four service suppliers chosen to deliver consultancy on patenting strategy to projects and companies as part of INI’s established Proof of Concept programme. Conduit Partners successfully bid for the one-year contract – which includes an option to extend – via a public tender process.
Under the new agreement, Conduit Partners will be a selected supplier for the delivery of patent appraisal consultancy to projects and companies engaged in INI’s Proof of Concept programme. As part of the pre-proof of concept due diligence carried out by INI, selected service providers will assess projects for potential patent infringement and eventual patentability of the concept.
Conduit Partners provides a rigorous IP management programme that extends beyond typical patent lawyer work – from a simple IP health check to understand the competitive landscape in key markets and clients’ ability to have “freedom to operate” through to developing complex go-to-market IP strategies.
Commenting on the new contract, Conduit Partners CEO Jon Treanor said: “A rigorous and substantiated appraisal of what is patentable – and also defensible – is absolutely fundamental for organisations looking to commercially exploit technology developments. Using our unique and proven framework, we are able to explore exactly where novel technology or IP sits within a particular industry space to provide a clear roadmap for commercialisation post-proof of concept. We’re very excited to be working with Invest Northern Ireland and look forward to adding significant value to their highly regarded Proof of Concept programme.”
Conduit Partners delivers a full range of commercialisation service and support for early-stage companies, including proof of market assessment, IP landscaping and freedom to operate reports, and revenue breakthrough services. From business-building to business turnaround, Conduit Partners offers proven, practical programmes that unlock the value from visionary IP, create sustainable competitive advantage, and successfully connect companies to their markets.
About Conduit Partners (www.conduitpartners.co.uk)
Conduit Partners Limited is the UK’s leading specialist in early stage business-building for technology-based companies.
From business-building to business breakthrough services, Conduit Partners offers proven, practical programmes that help to unlock the value from visionary IP, create sustainable competitive advantage, and successfully connect companies to their markets.
Since its founding in 2002, Conduit Partners has delivered its full range of commercialisation consultancy and support services to leading organisations including QinetiQ, Forensic Science Service, Consensus Business Group, Finance Wales, BAE SYSTEMS, Merseyside investment fund and Scottish Enterprise.
Conduit has delivered over 150 workshops to universities in the UK, and its management team was behind the early success of Celoxica, at the time one of the UK’s most successful university technology spin-out companies.