In This Issue Power Networking: A Strong Success With Key Lessons Learned Spring Meeting + LES International President's Message: Sector Spotlight: Health Care Sector Received A Charge Of Patent Infringement? What To Do Next Local Chapters Celebrate The Holidays LES International Americas Connect With New Collaboration Markets For Technology: Challenges and Opportunities Foundation Focus |
Foundation Focus Licensing Survey Provides Snapshot Of Industry The annual survey uniquely gathers data from across industry sectors through an online questionnaire of LES (USA & Canada) members. The data is broken down and analyzed by industry (Health, Industrial, University/Government; Digital Information, Communications and Electronics (DICE)) and by company size. "The goal of our survey is to provide an annual synoptic perspective on key statistics, events and trends in the business of licensing that can assist licensing professionals in understanding and advancing the business environment in which they operate and to which they contribute," said former LES Foundation President Dr. Richard Razgaitis. "It can also be used by the public, academic researchers, and government policy analysts to grasp the issues and impacts of licensing business practices," he added. A comprehensive look at the 2006 Annual Survey of Licensing appears in the December issue of les Nouvelles. The information will also be posted at www.lesfoundation.org in January 2008. Past years' surveys are also posted on the LES Foundation site. Where Are They Now? "Our win came at a critical time," said Gururaian. "In 2004 we began the task of getting investors onboard and winning the Competition made our job easier because we had already been "vetted" by licensing professionals and our credibility was high with potential investors. The visibility we achieved also brought more interested investors our way. All of this definitely helped to speed up the business development and commercialization of the company." he said. Today, Tangam Gaming, Inc. has crossed the R&D phase and is now in the commercialization phase. The company doubled in size this past year and continues to grow. 'The Tangam Solution' is now installed in several casinos. "We recently entered into a strategic partnership with NICE Systems for worldwide distribution of 'The Tangam Solution' by NICE and its channel partners," said Gururaian. "With a recent installation in Macau, China, our market and customer base has become global. With several patents pending and a significant product lead, we feel Tangam is poised to capitalize on this growing demand for its unique solution," he said. Read Prem Gururaian's blog at www.lesfoundation.org and learn more about his product, at www.tangamgaming.com. So, Who Will Be 2008's Winner? In April, five teams (including two international teams) will be selected to receive all-expense-paid trips to compete in the final round of competition at the 2008 LES International Conference in Chicago, May 4-7. Here the finalists will compete in an exciting simulated real-world venture capital forum. This year's participants are vying for $10,000 and in-kind prizes worth up to $45K. Each runner-up team will take home $1,000 and all of the finalist teams will be eligible to win a new $5,000 Global Award, sponsored by LESI. Opportunities are still available for those interested in volunteering to be a university mentor or judge! Visit www.lesfoundation.org or contact competition Co-Chairs Linda Chao and Brian Oliver at bplan@lesfoundation.org for more information. |
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| Copyright © 2008 Licensing
Executives Society (U.S.A. and Canada), Inc. |
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Prem Gururaian and his team from the University of Waterloo won the 2004 LES Foundation Graduate Student Business Plan Competition for their company Tangam Gaming, Inc., which centers around a new and innovative system for remotely monitoring casino gaming tables.