In 2007 Lourence Greyvenstein set Patentdata's objective to play an international role in promoting innovation and business growth.
Wayne de Nobrega joined Lourence to add his skills in software development and management to the team.
Lourence invented a new product in 1986, going through the process of patenting his invention (US Patent No. 5 246 110) and successfully licensing his invention to several companies in the USA, Canada, Europe and Australia. The product is a plastic bag with a wave-like opening and is licensed, amongst others, to Glad Products, USA who markets it as Glad Quick-Tie bags. At that time Lourence was vice president of one of South Africa's largest industrial banks, heading up the loans division.
Wayne is chief executive of a major Internet technology company, which has built its success on innovation, with technical creativity a hallmark of its offerings.
Patentdata specializes in providing value-add information on patent applications filed daily that cover new ideas by innovators from around the world. The information is made freely available on our website and via two email publications, NewIdeas Daily™ and NewIdeas Weekly™.
We also enable web publishers to show new ideas every day to their readers. Readers can give their opinion on the new ideas featured and see all the feedback the next day, highlighting ideas with potential.
How we make a difference
Key to the growth of every business is innovation. And patents are one of the most comprehensive and lucrative sources of innovative new ideas. Patentdata's services enable individuals from all walks of life and publishers help promote business growth around the world.
Users become part of an online community that shares knowledge and experience to help assess the market potential of new ideas featured by Patentdata to help promote business growth, resulting in job creation and many other socio-economic benefits within communities.
