The American Inventors Protection Act of 1999

Congress passed the AIPA, which for the first time imposed a duty on Invention Marketing Companies to disclose information to prospective clients before they sign contracts.

Invention Companies must disclose the following:

1. Total number of inventions evaluated by the promoter in the past 5 years.
2. The number of these inventions which received positive and negative evaluations.
3. The number of customers who contracted with the promoter over the last 5 years.
4. The total number of these customers who received a net financial profit as a direct result of the promotion services by the promoter.
5. The total number of customers who have received license agreements for their inventions as a direct result of the promotion services by the promoter.
6. The names and addresses of all previous invention promotion firms with which the invention promoter or its officers have been affiliated for the last 10 years.
Any customer who has contracted with a promoter and has been injured by an omission to state any of these facts, or any other material fact, or by any material false or misleading statement by the promoter will have a civil cause of action for actual damages or statutory damages of not over $5,000, plus costs and attorneys fees. If the court finds the promoter's actions to have been willful, taking other complaints into account, the damages may be trebled.

Know who you're dealing with!

Fact: most people don't do the research before paying for invention services. Therefore, we have compiled a quick list of "invention submission companies" to be aware of.

Company Complaints & Lawsuits

Advent Product Development
Davison & Associates Inc.
Invent Tech
Invention Submission Company
Invention Technologies Corporation
IP & R
Synergy Consultants
National Idea Network
American Inventors Corp.
Invent Help
Invent SAI

USPTO complaints.

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Our full list.

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