Boston Patent Numbers Continue to Rise in Third Quarter

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BOSTON, MA (10/25/2011)(readMedia)-- Hoffman Warnick LLC (HW), an intellectual property law firm with offices in Boston, Albany and Rochester, has released the Boston Patent Index for Third Quarter of 2011. The "Boston Patent Index" includes patent issuances to inventors and companies residing within the Boston Metro Area*.

As has been an ongoing trend in the Boston Metro Area, the total number of patent issuances increased again during the Third Quarter of 2011, with a total number of 1,220. This represents an increase from the Second Quarter (1,173) and First Quarter (1,156) of 2011, and is slightly higher than the same quarter in 2010.

"The latest Quarterly Index illustrates to us that patent filings in Boston have held steady despite the poor state of the economy over the last few years. I believe we can take this as a positive indicator of the strength of the Boston region's economy, and more particularly, the region's focus on innovation," states Spencer Warnick, a founding partner of Hoffman Warnick. "Boston continues to grow," states Michael Hoffman, another founding partner of HW. "We are excited to have joined the Boston patent community with the opening of our newest office on Friend Street," Hoffman said.

A few entities at the top of the Boston Patent Index include: The Massachusetts Institute of Technology (MIT), International Business Machines (IBM), Boston Scientific, EMC, Schlumberger, and Raytheon.

Matthew B. Pinckney, a patent attorney in the Boston Office, stated: "The Third Quarter data reinforces our belief that Boston is an area committed to technology development as a driver of economic growth. Patent issuances can correlate with research and development spending and job creation in high-tech industries. We are always happy to see patent numbers increase, and are hopeful that these rising numbers are indicative of a robust economic recovery."

To obtain a pdf of this quarter's Patent Index, please e-mail hwemail@hoffmanwarnick.com or visit www.hoffmanwarnick.com.

About Hoffman Warnick LLC: Hoffman Warnick LLC is an intellectual property law firm focusing on biotechnology, nanotechnology, computers and software, electrical, mechanical, chemical, and materials engineering. Hoffman Warnick is committed to providing the highest quality services including: domestic and international property rights procurement, dispute resolution, and licensing.

* - The Boston Metro Area is defined for the purposes of this index as those counties/zip codes located within the Interstate 95/Route 128 corridor. All individuals and companies having at least one inventor residing within this Area, or a registration address within this Area, were part of the Boston Patent Index.