Testimonials Related to Advisory Services

“On the recommendation of our patent counsel, we reached out to Tangible IP in order to proceed with a valuation of our patent portfolio prior to conducting negotiations with a large multinational. We just did not feel well equipped to answer the question: “How much is your IP worth” and wanted to have an objective base line to start from and support our discussions. Louis Carbonneau and his team did a fantastic job understanding the industry our patents relate too and uncovering some hard to find data that helped them build a solid valuation model that we could then modify at will if any of the built-in assumptions needed to be tweaked. Their report explained clearly the different valuation methods available and why one in particular was retained, while their valuation model was solid and easy to understand. They also took the time to walk us through their analysis and responded to our all questions so that we felt extremely well prepared to start our negotiations. Overall, we felt this was a tremendous tool to have and a great value considering how better prepared we were at the end. Whether this is for a similar case or for an M&A transaction, I would recommend Tangible IP without hesitation to conduct a fair and independent review and valuation of someone’s IP.”
– Thomas Melin, Co-Founder, Hensler Surgical Products

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TANGIBLE IP’s strategic advisory services are valuable, timely and cost effective, particularly when faced with critical junctures in patent prosecution. Our firm retained them to conduct an evidence of use (EoU) search in the context of a patent we are prosecuting for a client and their report was insightful in providing a ton a valuable information on how we might craft our claims to better map with where the industry is going. Whether honing an existing prosecution plan or looking for a fresh perspective, turning to TANGIBLE IP is a no brainer.”
– Brian Pangrle, Owner, Pangrle Patent, Brand + Design, P.C.

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“We retained Tangible IP for an FTO project to validate that our software solution would not encroach upon the intellectual property rights of others once it was commercially deployed. This was also important to our investors, as they wanted to confirm that they were putting money into a viable company that would not be a likely target to competitors and patent owners alike the minute it became more visible. Tangible IP took the time to understand our technology platform and build a search taxonomy that we were given the chance to provide input on prior to proceeding with the actual search. Their ensuing report was comprehensive and easy to read and Louis spent several hours on the phone with us going through each result in details. We also appreciated the extra efforts to accommodate our tight timing during the holidays, as this project was a condition to closing our investment. The costs for such an exercise are quite modest in view of its value to the company, especially considering that we are dealing with patents. We would recommend startups and their investors to conduct a FTO with Tangible IP and we intend to have them stay involved going forward to help us with our overall IP strategy.”
– Gabriel Damant-Sirois, CEO Local Logic Inc.

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“We contacted Tangible IP in order to receive strategic advice regarding how to optimize our growing patent portfolio so that it would best positioned for monetization down the road. The Tangible IP team did a thorough analysis of our existing patents and found ways, by looking at the marketplace and mapping with existing or upcoming products and services, to craft much better claims that we think will make our subsequent patents much more valuable when they issue. They were extremely responsive throughout and worked seamlessly with our patent attorneys by providing them with strategic guidance during the prosecution process and ensuring that the claims that would come at the end would be meaningful to our business. I thought this was a great investment on our part and I could not be happier with their services. We intend to continue partnering with them along the remainder of the prosecution of our inventions.”
– Jeff Rapaport, Patent Owner & Inventor

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“As with many innovators, the process of creation, not business development is what interests me most. In the course of nearly a decade, I have seen a significant change in the marketplace. Intellectual property no longer garners the same level of respect as companies speed to market with little consideration for overlapping design. I feel highly fortunate to have had Tangible IP as my partner through this arduous process, from initial engagement to a completed transaction. Louis was patient, diligent, and steadfast even when I was ready to walk away. He continued to search, dig, and provide opportunity where I would certainly have failed.”
– Kai Staats, Inventor

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“Having to position a new process in an established market with many large players involved, it was crucial for us and our shareholders to gain confidence about Freedom-to-operate (FTO). Tangible IP rapidly understood our innovation and was able to reach a very valuable level of FTO assessment that confirmed our IP position. The evaluation was done with minimal involvement from our technical staff and rendered a result that helped us close our financing round.  A costs/benefits ratio that we would love to get out from all our projects!” – Normand Gadoury, Executive VP, Polystyvert

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“We recently asked Tangible IP to perform an independent analysis and valuation of our patent and we were very satisfied with the results and work product. It was obvious that they understood both the technology and market environment really well and were thorough in their analysis of all relevant factors. Their report was comprehensive; it explained the various valuation methods available and why they chose one in particular in this case. We also appreciated the fact that they offered to do a full debrief in person at the end to make sure we were comfortable with the results. Their pricing was very reasonable considering how technical these matters are and we are confident that we have an objective measure of our IP that we can use in our negotiations going forward.” -Paul Jimenez, VP/Director, Mimax Inc. (Patent Valuation)

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“The IP landscape study provided by Louis’ team provided third party validation of several key working assumptions implicit to our IP strategy. It challenged other assumptions, enabling us to refine them accordingly, and it identified additional parties working in our space, suggesting potential partnership or licensing opportunities. Louis’ team proved to be thorough, patient, and responsive to iterative review and feedback of the study, tailoring it to our specific needs and interests. The exercise proved to be useful, informative, and far more cost effective than undertaking it internally. I plan to engage Louis’ team for similar work in the future.” – Dr. James Rhodes, Trestle Energy LLC

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“Our company had some intellectual property queries related to our technologies. Tangible IP quickly sized up the task and in a short period of time provided a clear, concise, and useable report which, when included with our other work in the area, provided valuable insights to us. Well done Louis and the Tangible IP Team.” – Steve Elder, P.Eng, Chief Technical Officer, LED Roadway Lighting

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“We worked with Tangible IP and Louis’s team on several projects in the past months, including on various Freedom to Operate (FTO) and patentability analyses. The process was smooth and the deliverables on time. Being a startup in the life science area, we also really appreciated the predictability of a fixed fee approach. The amount of information and insights we got out of these projects was invaluable and a fantastic value given how reasonably priced they were. Louis took the time to go through all reports with us and our patent firm in details to explain exactly how to read and deal with some of the results. He also made strategic suggestions to broaden the scope of some of our own patent filings. The whole process brought comfort and clarity to both our management team and our investors. Once businesses understand how paramount IP is to their growth and survival overtime, it becomes a no brainer to engage in these projects and Tangible IP was a great partner in our case. We look forward to working with Louis and his team on other strategic projects in the future.” – Serge Auray, CEO Laboratoire M2

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“For technology-based companies, a robust IP strategy and portfolio is the life blood to creating significant value for shareholders and a path to long term success. Last year, we asked Tangible IP to do a thorough review of our IP strategy and to map out areas for improvement going forward. Their review uncovered several items that needed to be remedied, whether they pertained to patents, trademarks, contracts, etc. Fortunately for us, all could be fixed. This is crucial for any startup company that is generally resource limited and cash constrained. Their report was very detailed and provided us with a clear roadmap as to what needs to be done to stay ahead of the game and of our competitors. I strongly recommend them to any company that wants to take control of it IP in a strategic way to build and sustain its competitive advantage.” – Donald R. Marvin, President & CEO, Inocucor

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“We have had the opportunity to work with Louis and Tangible IP for the past two years on all kind of matters and his advice and guidance have been invaluable in helping us make the right investment decisionsFurthermore, once an investment has been made, Louis steps in to help our portfolio companies minimize their risks and to define and execute on a sound intellectual property strategy that will enable them to maintain their competitive advantage over time. The cornerstone of our clean technology investment strategy is intellectual property. This is why we are very proud to have succeeded in retaining Tangible IP’s services. I view this partnership as the key to our future success in the field. – Andrée-Lise Méthot, Founder and Managing Partner of Cycle Capital

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“Working with the Tangible IP team, we were able to develop a comprehensive IP Strategy in line with the focus of growing our business. The IP ROADMAP and IP FREEDOM reports produced by the Tangible IP team are now key references for both our management and board when it comes to planning investments and direct R&D developments. All in all, the investment asked of us has repaid itself many times by focusing our IP efforts and enabling informed decisions.” – Simon Leblond, CEO and Co-Founder, SCL Elements, Inc.

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“As venture capitalists making investments on several startups, we owe it to ourselves and to our limited partners to have as much clarity as possible into the companies we ultimately decide to fund. Having worked with Louis and Tangible IP on several projects, we appreciate how crucial IP is in most companies and how a startup’s success or failure is tied directly to how it handles its own IP and that of others. More importantly, Louis and Tangible IP really help us understand the big picture as well as a company’s upside and risk factors, and how to help our portfolio companies build the right IP foundation to insure a sustainable competitive advantage and increased valuation over time.  We have used Tangible IP to conduct Freedom to Operate (FTO) analysis, to advise on ongoing IP related disputes and to perform thorough IP assessments and strategies for our portfolio companies. The information we receive in each case and Louis’ ongoing guidance enables us to better see the forest behind the trees and to make more informed investment decisions. Also, Louis is easy to work with and his services are priced extremely competitively, making the decision to work with Tangible IP very straightforward. We highly recommend Louis and his team to other investors and owners who want to have a more complete vision of their businesses.” –Travis Putnam, Co-Founder and Managing Partner, Navitas Capital

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“We recently asked Louis to join our IP Steering Committee and requested his assistance in assessing our IP assets and dependencies in order to formulate an overall IP strategy for our company. The whole exercise was a real eye opener for us and a huge value to better understand both risks and opportunities in our space. The costs were also surprisingly modest considering we are dealing with fairly sophisticated matters like patents, trademarks and trade secrets. Louis’ assessment and recommendations were numerous and right on target. They helped us establish a clear roadmap for the future that we believe will be instrumental in terms of maintaining a sustained competitive advantage. They also reassured our board that we are being strategic about our IP and in protecting their investment. In addition to his unique experience in Canada, the US and internationally, Louis has this rare combination of pragmatic legal, business and technical expertise that really stands out and makes him a highly valued adviser to us. We continue to work with Louis on several projects and strongly recommend him any technology based company that is serious about intellectual property, as they should all be.” – Samuel Beaudoin, Co-Founder, CVT Corporation

“We highly recommend Louis not only for his skills as a great legal advisor, but also for his extensive IP licensing expertise. His broad and global perspective is definitely a significant asset for us, mostly during intense and complex negotiations with our clients. Louis is a very talented coach, and working with him is always an enjoyable experience. His ability to understand our technology, as well as our business strategy and company goals, demonstrates his profound listening skills and adaptability. We strongly believe that this is the beginning of a long and successful business relationship.” – Marie-Claude Hamelin, Sales Director, Technologies SENSIO Inc.
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“With their expertise, Louis and Richard helped us to build a price book that answers industry requirements. With this new tool, the company looks more professional than ever before.” – Eric Choquette, CFO, Sensio Technologies, Inc.