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Business Launch Combines License Royalty Auditing with Patent Engineering - A new intellectual property and patent consulting firm was launched this month using a unique combination of engineering, accounting, and patent expertise. The new company serves high technology corporations, universities, law firms, and inventors
Business Launch Combines License Royalty Auditing with Patent Engineering

 

NewswireToday - /newswire/ - Lafayette, IN, United States, 2007/11/20 - A new intellectual property and patent consulting firm was launched this month using a unique combination of engineering, accounting, and patent expertise. The new company serves high technology corporations, universities, law firms, and inventors.

   
 
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A new intellectual property consulting firm has combined two professional practices to improve services available for patent owners. AmiCOUR International LLC has announced that co-founders Ray Throckmorton and Scott Bechtel have formed the firm to offer royalty auditing services with investigative engineering capabilities. The engineering services allow auditors to address technical errors and claims arising during patent license audits.

Throckmorton, a CPA and veteran royalty auditor, stated, “Many of the licenses we see involve advanced technology such as semiconductors, complex software, or sophisticated organic chemistry. My clients may face claims that some products are covered by the license while others are not. AmiCOUR will not rely solely upon representations from the licensee to make a final determination of what technology and products are covered by a license.”

Scott Bechtel, the company’s president, added, “I managed a large portfolio of electronics and software patents licensed in a variety of industries. Our internal accountants could evaluate royalty reports but generally took part numbers and the licensee’s technical claims at face value. The first time I saw the report from our largest licensee, I knew it was wrong.” Bechtel went on to explain that his engineering background made it relatively easy to spot the problem. Bechtel has a physics degree and an advanced business degree from Carnegie-Mellon University’s Tepper School of Business. He ordered the audit and generated a seven figure recovery for his client.

AmiCOUR has opened locations in Lafayette, Indiana and Hinsdale, Illinois. The company has established relationships with recognized semiconductor analysis, analytical chemistry laboratories, and independent engineering experts. Bechtel added, “We are also developing technology resources in Florida’s space community to reverse engineer electronic systems. These require special skills because they combine circuitry with embedded software.” The company has sales affiliations in Florida and California and continues to expand. “We are pleased to be recruiting talented luminaries, including former president of the Licensing Executives Society Dwight Olson, who is already consulting for us,” stated Bechtel.

Throckmorton will serve as Executive Vice President to head the company’s audit teams and litigation damage calculation services. “We have resources to place large or small audit teams anywhere in the world,” he said, concluding, “And this includes access to experienced CPA’s from my former employer along with other reputable sources.” The company is already initiating audit work requiring engineering examinations.

About AmiCOUR International, LLC
AmiCOUR (amicour.com) is a leading intellectual property consulting company providing engineering, litigation support, and royalty auditing services to law firms, corporations, universities, governments, and independent inventors. AmiCOUR is a full service technology transfer and licensing services company, and acts as a private IP broker of strategically important patents and portfolios.

 
 
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Written by / Agency / Source: AmiCOUR IP Group, LLC

 
 

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Business Launch Combines License Royalty Auditing with Patent Engineering

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Publisher Contact: J. Scott Bechtel - AmiCOURIP.com 
765-807-2480 pr[.]amicour.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any AmiCOUR IP Group, LLC securities in any jurisdiction including any other companies listed or named in this release.

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