Global Patent Exchange Introduction Interview

Daniel O'Conner  

Hello, and welcome back, everybody. Now, I No need to tell any innovator that patents can be very expensive. And after you pay that for a patent in as many countries as you can afford, you might still lose money because the opportunities might also be countries that you haven't patented. Now, there's a way for you to be able to make some some income from that those extra countries where you couldn't afford a patent, but you know, your patent would work. So my guest today is Matthew Bulat from Global Patent Exchange. Hello, Matthew, how are you? 

Matthew Bulat  

Hello, Daniel. Welcome, thanks.

Daniel O'Conner  

Now, I can tell everybody, you've developed a platform to help inventors to get money from these other countries where they can afford to do patents in it within their patented period. So tell me a little bit about this Global Patent Exchange.

Matthew Bulat  

So Global Patent Exchange, collects details, from the patent holder of their new patents, and then matches it with company entrepreneurs who want to have product range extensions in those target markets. So we do the matchmaking.

Daniel O'Conner  

Oh, what a great idea. And who does this best suit? What sort of patents or patent holders?

Matthew Bulat  

This suits patents that are under 30 months old with the sales history in their local country?

Daniel O'Conner  

Okay, sounds good. What about it any party that wouldn't want any type of patent that wouldn't suit?

Matthew Bulat  

Patents that are over 30 months. And people that don't have manufacturing and sales history.

Daniel O'Conner  

Okay. So it sounds like a great opportunity for the businesses as well.

Matthew Bulat  

You want to talk about the businesses get to list their existing markets and industry channels. And then we match up suitable products to extend their channels, so they increase their product ranges quickly.

Daniel O'Conner  

So if I'm selling burgers in one market, and I can add fries from another market, and I've got burgers and fries, it's all going to sell, I don't have to go and find new customers or same customers or buy extra products from me. So yes, and could I manufacture that product from this another country as mine and branded as my own?

Matthew Bulat  

Depending on the agreement, you the inventor can either manufacture or the company can manufacture depending on how the agreements written up.

Daniel O'Conner  

Ah, so we're the people find out more information about this.

Matthew Bulat  

They go to GlobalPatentExchange.com. There's a checklist you can have for the inventors, the businesses and the patent attorneys who work together to make global patent licensing happen.

Daniel O'Conner  

Excellent. Well, thank you very much, Matthew. And I appreciate the opportunity. I'm sure there's going to get a lot of interest from inventors for around the world. Thank you. 

Matthew Bulat  

Thank you.