GlobalAutoIndustry.com and its partner PatentBooks Inc. have announced an invitation-only early adopter roundtable for the Geolocation & Autonomy PatentBook, occurring online at 10 a.m. EDT on June 14. The roundtable discussion will be led by Art Nutter, CEO of PatentBooks, and Bill Berlinger, manager of corporate technology licensing of Caterpillar.

The early adopter roundtable invitation is extended to the world’s top companies that own U.S. patents and/or are developing autonomous vehicles products and services to encourage open communication among all to get comfortable with the radically different nature of the Geolocation & Autonomy PatentBook. PatentBooks is currently engaged in discussions with many leading global corporations, including Caterpillar, AT&T, Sony, Intel and others regarding their participation in the Geolocation & Autonomy PatentBook.

PatentBooks Inc. aims to transparently democratize patent licensing to enable more robust, products and services can get to consumers more rapidly, which the company says liberates innovation.

The objective of the inaugural PatentBooks Early Adopter Roundtable is to engage and discuss PatentBooks, and introduce the significant benefits for early adopters agreeing to publish and/or subscribe to the PatentBooks.

PatentBooks has announced that decision-makers from Caterpillar, General Motors, Qualcomm and most of the Global 100 in autonomous vehicles will discuss from a global corporation’s perspective, the details of the proposition that the Geolocation & Autonomy PatentBook offers at the early adopter roundtable on June 14th.

Unlike patent pools that can cost thousands of dollars just to join, license 100 to 200 patents essential to a technology specification and divide income uniformly, the Geolocation & Autonomy PatentBook is free to join, licenses 25,000 to 50,000 patents within a technical area and divides income by good, better and best patent quality.

Currently, 97 percent of issued patents fail to generate any revenue. All patent owners can publish their patent with one-click online and retain complete ownership of their patents. PatentBooks ensures every published patent earns income. Patents evaluated by an advanced metric system receive a tiered distribution, providing significant income to the patent owner, without the risk, expense or distraction of patent litigation and licensing. PatentBooks publishers receive quality-based licensing income from an entire industry, not just individual licensees.

PatentBooks aims to greatly diminish and potentially eliminate patent litigation costs, often exceeding $10 million per case, increasing corporate profits, and enabling other investment and resource allocation options. PatentBooks subscribers can potentially save hundreds of millions of dollars over similar conventional transaction methods.

PatentBooks creates a cycle of innovation by offering patent users a patent license, rewarding patent owners for others’ use of their patents and continuously serves the needs of consumers around the world, improving their lives with more robust products and services, delivered to them more expeditiously. PatentBooks, based on inclusion, fairness, transparency and peace, disrupts patent licensing forever via innovation.

For an invitation, contact Ron Hesse ([email protected]).