FAU's 2006 Intellectual Property Statistics

• 26 New Inventions Disclosed
• 17 Patents Filed
• 2 Patents Issued
• 4 License/Option Agreements Signed
• 4 License Agreements Yielding Income of $65,847

FAU's Successful Track Record

FAU has been transferring advanced and emerging technologies from its laboratories to the commercial sector since 1991. As of late 2006, FAU has generated 250 new inventions, was recently awarded its 41st patent, filed 82 patent applications, and transferred 40 inventions to industry. These technology transfer successes were enabled by 17 license agreements with 50 percent to start-up and early stage companies located in Florida. Over $1.4 million in licensing revenue has been generated with over $51,000 in patent expense reimbursements.

Recently, FAU initiated a gap funding program to bring new inventions closer to commercialization. One of the leading problems in university technology transfer is the inability to develop an invention to provide sufficient proof-of-concept for industry; thus, resulting in a gap between the invention’s state of development and industry’s expectations. Unfortunately, this prevents many commercially viable inventions from reaching the marketplace. FAU’s innovative approach through the gap funding program will allow inventors to make proposals to a Gap Funding Committee for grants up to $20,000 enabling the further development of invention towards commercialization.

Active License Agreements

• Lockheed Martin Sippican, effective 7/14/2006
  1 Invention incorporating an Autonomous Mooring Buoy System
  
  
• Circular Logic, effective 6/30/2006
  1 jointly owned invention between FAU and Circular Logic relating to an algorithm to electronically determine the tempo of music
  
  
• Nautilus Biosciences
  3 inventions relating to novel methods to produce marine derived compounds
  
  
• CHS Resources, LLC, effective 10/17/2005
  1 Invention relating to the enhanced killing of cancer cells by a combination of Sulindac and an oxidizing agent developed by Herbert Weissbach, Lionel Resnick, and David Binninger
  
  
• EdgeOne LLC dba EdgeTech, effective 8/1/2005
  1 Invention relating to digital down conversion technology for sonar systems developed by Steven Schock, James Wulf, and Ed Henderson
  
  
• University of North Florida, non-exclusive license effective 7/8/2004
  Technology transfer data management system developed by FAU’s Office of Technology Transfer
  
  
• Panavision International L.P., effective 3/30/2004
  16 Inventions relating to high-definition cameras developed by Dr. William E. Glenn
  
  
• EdgeOne LLC/EdgeTech, effective 5/2/2002
  1 Invention relating to buried object scanning sonar developed by Dr. Steven Schock and James Wulf
  
  
• EdgeTech, effective 3/1/1998
  1 Invention relating to a command processor for UUVs developed by Dr. Steven Schock
  1 Invention relating to multi-aspect imaging using a variable length synthetic aperture developed by Dr. Steven Schock
  
  
• Supervision International, Inc., effective 4/7/1994
  1 Invention relating to a projection screen for large pictorial display developed by Dr. William E. Glenn