It was seen that the works of founders of States, law-givers, tyrant-destroyers, and heroes cover
but narrow spaces and endure but for a time; while the work of the inventor, though of less pomp,
is felt everywhere and lasts forever.          - Francis Bacon Preface to a Treatise on Interpreting Nature

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A CBS interview of IDEO founder David Kelley

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Wednesday, March 4, 2009

March 2009

“Think left and think right and think low and think high. Oh, the THINKS you can think up if only you try!” - Dr. Seuss Oh, the THINKS You Can Think! Members met for informal discussion of various aspects of innovation. We discussed how the government is helping to finance inventors. 1. The state of Indiana supplements, and helps inventors obtain, Small Business Innovation Research (SBIR) grants. Rich Boling ( of Techshot told us that the state of Indiana will pay someone, such as Elizabeth Brooke Pyne ( of the IEDC SBIR/STTR Program Office or Heidi Platt of Platinum Grants & Proposals, LLC, up to $6,500 to help a first time SBIR grant applicant prepare an application. Contact Mr. Boling or the IEDC for more details. And consider attending the SBIR workshops offered by the IEDC (Indiana Economic Development Corporation). 2. Matt Thie mentioned that the state of Indiana encourages patent activity by allowing a tax exemption on patent income. Small companies (no more than 500 employees) are eligible for an exemption of 50% of patent income for each of the first 5 years of a utility or plant patent. The percentage decreases over the next 5 years to 10% in the 10th year. The total exemption amount claimed may not exceed $5 million/year. 3. The federal government offers low interest loans to qualified inventors (American Recovery and Reinvestment Act [ARRA] Sec. 1301. Temporary expansion of availability of industrial development bonds to facilities manufacturing intangible property). This Act changes the Internal Revenue Code (section 197(d)(1)(C)(iii)) to give, for a limited time, companies in the business of creating intellectual property a new financing option. Tax-exempt small issue bonds issued by a state or local government during 2009 and 2010 may be used to finance a manufacturing facility (such as a building, equipment, or land) used to create or produce intangible property (patent, copyright, formula, process, design, pattern, know-how, format, or similar item). Generally, the maximum amount of bonds that can be issued for one manufacturer is $30 million. Rich Boling also let us know about Techshot, a technology development company which designs and builds practical solutions to engineering and scientific problems. About 20% of their business is devoted to 1- or 2-person entrepreneur entities. Mr. Boling plans to visit us again in May, so plan to attend our May meeting if you have questions about Techshot. You might enjoy watching “Flash of Genius” (now on DVD; soon to be available at the Indianapolis public library). The movie, based on the true story of Bob Kearns (inventor of the intermittent windshield wiper), shows the potential value of patents to an inventor, and shows an enthusiastic inventor’s association.

Patent Drawings by Richard McVicker

Some inventions patented by our members:

Bob Brand
3,179,907 Tuning system for television receivers
3,219,933 Television tuner switching system
3,241,072 Tuning control system
3,538,466 Television tuner cast housing with integrally cast transmission lines
4,503,740 Optical cutting edge locator for a cutting apparatus
4,503,896 Dog system for veneer slicer
4,601,317 Veneer slicing system
5,511,598 Veneer-slicer with remotely controllable blade angle adjustment
5,562,137 Method and apparatus for retaining a flitch for cutting
5,590,700 Vacuum flitch table with self-cleaning vacuum valve
5,678,619 Method and apparatus for cutting veneer from a tapered flitch
5,680,887 Veneer slicer with timing belt
5,694,995 Method and apparatus for preparing a flitch for cutting
5,701,938 Method and apparatus for retaining a flitch for cutting
5,819,828 Method and apparatus for preparing a flitch for cutting
5,868,187 Method and apparatus for retaining a flitch for cutting
7,395,843 Method and apparatus for retaining a flitch for cutting
7,552,750 Method and apparatus for cutting veneer sheets from a flitch

Kenton Brett
6023685 Computer controlled event ticket auctioning system
6704713 Computer controlled event ticket auctioning system
6907405 Computer controlled priority right auctioning system
7647269 Computer-based right distribution system with reserve pricing
7698210 Computer-based right distribution system
7720746 Computer-based right distribution system with password protection
7747507 Computer controlled auction system
7769673 Computer-based right distribution system with request reallocation
7992631 System and method for seasonal energy storage
8073765 Computer-based right distribution system with password protection
8128407 Method and system for teaching math
8538856 Computer-based right distribution system
8732033 Computer-based right distribution system with temporal variation
9614733 Methods and systems for reducing burst usage of a networked computer system
9900220 Methods and systems for reducing burst usage of a networked computer system

Rick Hanson
6,240,579 Unitary pedal control of brake and fifth wheel deployment via side and end articulation with additional unitary pedal control of height of patient support
6,253,397 Deployable siderails for a wheeled carriage
6,256,812 Wheeled carriage having auxiliary wheel spaced from center of gravity of wheeled base and cam apparatus controlling deployment of auxiliary wheel and deployable side rails for the wheeled carriage
6,264,006 Brake for castered wheels
6,507,964 Surgical table
D474,446 Sterilizable battery component

Bob Humbert
4,281,368 Keyhole illuminating apparatus

Ron Jackson
4,886,110 HVAC zone control system
4,943,039 Adjustable clamp
4,987,409 Level sensor and alarm
5,132,669 Level sensor with alarm
5,381,989 Adjustable spring clamp
5,944,098 Zone control for HVAC system
6,145,752 Temperature monitoring and control system
6,322,443 Duct supported booster fan
D347,596 Audible security alarm
D376,747 Door security device
Jerry McQuinn
D689,343 Universal Nutcracker

Richard McVicker
3,261,937 Three position snap switch utilizing interference blade means
3,319,477 Timer Escapement
3,332,704 Manually propelled treadmill vehicle
4,625,616 Thumb pick
6,309,076 Light barrier, screen or reflector
D240,237 Sculpture or the like
D356,653 Yard light
8389839 Thumb pick

Bill Pangburn
5,943,831 Device for Hauling Objects

Al Robbins
3,882,960 Ride quality control for surface effects craft
3,946,689 Air dynamo pressure regulation and modulation device for surface effect ships and air cushion vehicles
6,588,702 Lighter-than-air device having a flexible usable surface

Matt Thie
4,940,162 Rolled coin dispenser
4,844,446 Multiple-compartment currency stacker-sorter
4,940,162 Rolled coin dispenser
7,298,280 Lighted fluid flow indication apparatus
7,617,826 Conserver
8146592 Method and apparatus for regulating fluid flow or conserving fluid flow
8230859 Method and apparatus for regulating fluid

Richard Tucker
5,833,751 Powder coating booth having smooth internal surfaces
6,840,367 Material handling and manufacturing system and method
6,976,835 Manufacturing system and process
7,018,579 Manufacturing system and process

Don Walls
D707090 Torque key lever
RE36209 Door lock apparatus

Dave Zedonis
5,637,926 Battery powered electronic assembly for wheel attachment

Patent Document of the Month

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