As part of its strategic move toward supplying clients with more complete information solutions, LEXIS-NEXIS (http://www.lexis-nexis.com) announced in mid-October a strategic alliance with Aurigin Systems, Inc. (formerly Smart Patents, Inc.; http://www.aurigin.com), a provider of business automation systems for intellectual asset management. Aurigin's Intellectual Property Asset Management (IPAM) system will soon access information feeds from LEXIS-NEXIS. LEXIS-NEXIS' staff will also help support the marketing of IPAM.
The Aurigin IPAM system provides tools and multi-dimensional databases for organizing and analyzing the intellectual assets owned by companies to help track licensing opportunities, challenges to product names, technological and competitive developments, etc. It is an intranet-based enterprise application, consisting of client/server software and patent data products in a special interactive format. Dan Lewin, president of Aurigin Systems, stated, "The virtual extension of the Aurigin IPAM repository to include access to the LEXIS-NEXIS databases provides a revolutionary way for corporations to aggregate and analyze relevant intellectual assets to create profitable business strategies."
The LEXIS-NEXIS Intellectual Property Solutions Group will also contribute marketing and sales support for the IPAM system within the patent, trademark, and copyright information markets, particularly to the corporate legal market. LEXIS-NEXIS recently formed the group to coalesce its strengths in this area. According to Jim King, vice president of NEXIS market and product strategy, the Intellectual Property Solutions Group is a single business unit that includes Reedfax, a $3-million operation that delivers patents via e-mail or fax and patent history data from staff posted at the Patent and Trademark Office, as well as other LEXIS-NEXIS patent and trademark offerings.
As we posted this NewsBreak, LEXIS-NEXIS had not yet defined specific services for the integrated products, but it expected to tap into its broad array of intellectual property databases as well as news, business, public record, and legal information. Current and future expansion in the areas of international patents, scientific and technical journals, and patent document delivery should also provide useful enhancements. Interested clients should see products early next year, according to LEXIS-NEXIS, though the two companies will begin working with selected customers immediately.
King did indicate that they planned to charge a single price to Aurigin IPAM subscribers that would include the information gateway to LEXIS-NEXIS. As King says, "Value-added! That's our big theme here!"
Aurigin Systems recently formed another strategic alliance with the new IBM patent network.