Silicon Valley Startup Digitizes FTO Workflows Setting a New Standard for Patent and R&D Teams
February 02, 2022 09:01 AM Eastern Standard Time
PALO ALTO, Calif.–(BUSINESS WIRE)–ClearstoneIP, an intellectual property (IP) technology provider with offices in the U.S. and Europe, today officially launched Clearstone FTO, a cloud-based workflow platform that digitally manages the freedom-to-operate (FTO) process for accelerated patent clearance and product development. With dozens of corporate patent departments, R&D teams and law firms already subscribed, Clearstone FTO enables a product-centric approach to performing and managing patent infringement risk investigations.
Most IP technology on the market either manages the prosecution and maintenance lifecycle or enables searching and identifying patents. As a purpose-built workflow and collaboration tool centered around patent claim analysis, Clearstone FTO represents a new solution category for patent and R&D professionals bringing new products to market.
The backbone of Clearstone FTO is The Digital Review, a first-of-its-kind FTO framework for legal and R&D collaboration. Setting a new standard for digitally transformed FTO and patent clearance investigations, the Digital Review employs a six-stage approach to identify subject matter, conduct patent searches, review patent claims, foster collaboration with technical experts, resolve final determinations and finally report risk assessments to stakeholders. The platform intelligently extracts key patent information from various data sources to facilitate multi-level analysis capture, all while preserving attorney-client privilege through environmental controls within the platform. Read the Entire Press Release.