Technology licensing, and in particular patent licensing, is an important part of our company's business strategy. We understand that the most priceless resources are often an idea, along with the right to profit from it.

This reality is transforming businesses and creating new partnerships that would otherwise be competing over market share. MRSI understands that the right to profit from a breakthrough idea can be so valuable that the contest over the concept can be more decisive than the competition for consumers.

Wanting to be a part of this new revolution, MRSI is now offering licensing Agreements to the monitoring and tracking industry.

Patent Licensing and Deal Structures

MRSI licenses include patent claims to revolutionary methods used in the monitoring and tracking of people, pets, motorized vehicles and personal effects.

Our patent portfolio consists of over 200 patent claims and applications that are pubic knowledge and documented in United States Patent Numbers: 6,084,517 – 6,570,504 – 6,304,186 – 6,989,748 and many other patent pending applications. MRSI has also filed multiple patent applications in Europe.

MRSI currently offers non-exclusive patent licenses in several fields of use, including:

1. Integrating wireless technology inside a battery for the monitoring and tracking of consumer electronic devices. Applications for use are the monitoring and tracking of laptops, cell phones, automobiles, boats and any other product that uses a variety of battery sizes.

2. The method of selectively activating or deactivating communication between a parental control unit and multiple child units. Applications are for tracking children, pets and personal effects utilizing RFID or GPS technology.

3. The method of selectively activating or deactivating multiple child units from a cell phone. Applications are the monitoring and tracking of children, pets, motorized vehicles and personal effects from a cell phone.

4. The method by which a parental control unit can detect an external frequency (such as an aircraft beacon) and automatically deactivate communication between multiple child units (sleep mode). This method of use can enable the parental control unit to board an aircraft and go automatically into “sleep mode” so the device does not interfere with onboard navigational systems. Applications are for tracking luggage, laptops, purses, handbags, children, pets and any personal effects while on aircraft.

For companies, most payments to MRSI are tied to the successful commercialization of their products. For non-profit institutions, no payments are due unless commercial revenues are received.

Patent Infringements

The rights of patent owners are protected by the law in the sense that any patent infringements are an offense against the law, an offense that can be stopped effectively by the relevant courts in the jurisdictions where the patent infringement occurs. Patent infringement damages can be very costly to the infringing party.

MRSI International, Inc. aggressively prosecutes all infringement activity.

For more information contact us.