Thomson Reuters Enhances Its Intellectual Asset Management Solution With First-Ever Fully Integrated Data Validation

By Thomson Reuters, PRNE
Tuesday, July 12, 2011

SOUTHFIELD, Michigan, July 13, 2011 -


- Thomson IP Manager
enables IP professionals to proactively catch and fix data errors,
reducing the risk of lost rights or costly delays

Thomson IP Management Services, part of Thomson Reuters, today
released new, unprecedented functionality in its scalable
intellectual asset management (IAM) software solution, Thomson IP
Manager®, including first-ever fully integrated data validation
capabilities, Information Disclosure Statement (IDS) management
functionality and work team survey capabilities.

“Intellectual property is at the forefront of strategic business
decision making, and enterprises can’t afford errors in their
portfolio data in today’s competitive market,” said Cynthia Murphy,
vice president and general manager, Thomson IP Management Services.
“For this reason, we developed a cost-effective, fully integrated
data validation tool, the first of its kind among all asset
management solutions on the market, enabling organizations to
eliminate critical data errors and maximize the value of their IP
portfolio.”

Thomson IP Manager’s new fully integrated data validation
functionality enables users to proactively identify and correct
data discrepancies in their portfolios on an ongoing basis by
comparing their data to the Thomson Reuters Global Patent Data
Collection, a comprehensive database of patent documents with 76
million records from more than 70 issuing authorities. This ensures
errors that may affect critical prosecution and maintenance dates
can be quickly caught and fixed, so IP rights are properly
protected without any cost exposure.

The integrated data validation tool also provides improved
collaboration among IP team members as the review process can be
built into the organization’s IP workflow, ensuring that the
correct individuals review the data in a timely manner. For optimal
efficiency, IP professionals can also prioritize data discrepancy
results, which ensures that the most critical issues are addressed
first.

New IDS Reference Management functionality in Thomson IP Manager
helps IP professionals manage patent and technical literature
references related to pending patent applications. Using these
features, attorneys and paralegals can view, manage and report upon
cited references. In addition, Thomson IP Manager helps users to
propagate and cross-cite references to ensure that they are cited
properly across the portfolio, supporting complex, configurable
relationships between matters.

Enhancements to the Process Architect™ include an entirely
redesigned Collaboration Portal with better workload visibility,
simplified task navigation and a clear graphical view of the
structure of processes for all workflow participants. New Survey
and Delegation capabilities support more complex collaborative
processes, such as invention review, international filing, contract
renewal and maintenance decisions involving multiple stakeholders,
allowing senior decision makers to more easily collect feedback
from experts around the business and make well-informed
decisions.

For more information about Thomson IP Manager, go to href="thomsonipmanagement.com/">thomsonipmanagement.com/.

About Thomson IP Management
Services

Businesses and law firms at the forefront of intellectual asset
management partner with Thomson IP Management Services. From
ideation through prosecution and commercialization, Thomson IP
Management Services helps you maximize the value of your portfolio,
keep it aligned with your business strategy and drive global
competitiveness. Our solutions - Thomson IP Manager, IP
Payments
and IP Rules - integrate state-of-the-art
portfolio management technology, comprehensive services and a
world-class IP rules collection to provide unparalleled support of
your patents, trademarks, licenses and other intellectual
assets.

Thomson Reuters

Thomson Reuters is the world’s leading source of intelligent
information for businesses and professionals. We combine industry
expertise with innovative technology to deliver critical
information to leading decision makers in the financial, legal, tax
and accounting, healthcare and science, and media markets, powered
by the world’s most trusted news organization. With headquarters in
New York and major operations in London and Eagan, Minnesota,
Thomson Reuters employs more than 55,000 people and operates in
over 100 countries. Thomson Reuters shares are listed on the
Toronto and New York Stock Exchanges. For more information, go to
href="www.thomsonreuters.com/">www.thomsonreuters.com.

Laura Gaze, Thomson Reuters, IP Solutions, +1-203-868-3340, laura.gaze at thomsonreuters.com; or Jennifer Figueroa, Thomson Reuters, IP Solutions, +1-203-868-3333, jennifer.figueroa at thomsonreuters.com

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