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Entaire Awarded Three Patents for Leveraged Planning
Tuesday, September 28, 2010
Duluth, GA -- Entaire Global Companies, a diversified financial services company, announced today that it has been awarded three patents related to its core financial offering, Leveraged Planning®.
The patents describe, among other areas, the systems surrounding the use of commercial loans to purchase life insurance and annuity products as well as the computer systems necessary to manage a portfolio of loans, and the compensation owed to involved parties.
"We are very excited to have secured these important patents. They increase the market strength of Entaire and its subsidiaries while enhancing the organization's ability to further expand in the areas of loan servicing and financing," said Jonathan D. Rosen, founder and CEO of Entaire. "The patents also expand the firm's opportunity set in the areas of intellectual property licensing and third party plan administration".
Entaire was represented in the U.S. Patent and Trademark Office by Alston & Bird LLP. "Alston & Bird did an excellent job prosecuting these patents to a successful conclusion, and we are sure will continue to do an excellent job going forward in protecting these valuable new assets," said Timothy Veith, General Counsel at Entaire. "We are pleased to see this recognition of significant financial innovations by Jonathan Rosen and the Entaire team, and note the Supreme Court recently confirmed that business related inventions like these are worthy of patent protection in Bilski v. Kappos," said Jeff Young, Partner at Alston & Bird.
Alston & Bird placed first among IP practices in Corporate Counsel's annual report on Who Represents America's Biggest Companies.
The patents, filed in 2005 and 2006, recognize Rosen along with two other Entaire team members, Paul Bush and David Metzger, as the inventors. The patents, assigned to Entaire Global Intellectual Property, Inc., are:
With Leveraged Planning, small business owners and other entrepreneurs can leverage the inherent financial value of company assets and cash flows to meet personal financial goals such as retirement planning, estate planning or business succession. For more information on Leveraged Planning, visit Entaire's subsidiary, Global Financial Distributors Inc., at www.globalfd.com .
About Entaire
Entaire Global Companies, Inc. a privately-held, diversified financial services holding company, is headquartered in metropolitan Atlanta, GA. Founded in 1997, Entaire is dedicated to providing unique financial strategies and solutions through its subsidiary companies to a diverse corporate client base. Entaire's affiliations with world-class financial institutions and insurance companies enable it to offer innovative solutions for businesses, medical practices and individuals - with an advantage in tax efficiency, stability and selectivity over traditional financial vehicles.
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