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News & Press: Colorado Technology Industry

Denver wins long-sought satellite patent office

Friday, July 6, 2012   (0 Comments)
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Denver wins long-sought satellite patent office

Denver Business Journal by Mark Harden, New Media Editor

Date: Sunday, July 1, 2012, 9:43am MDT - Last Modified: Sunday, July 1, 2012, 10:03pm MDT

Denver will be announced Monday as one of three metro areas to be awarded a satellite branch of theU.S. Patent and Trademark Office-- a long-sought victory for the area that could mean an estimated $439 million in economic impact over five years.

The news of metro Denver's selection -- first reported Sunday by The Denver Post -- was confirmed by an aide to U.S. Sen.Michael Bennet, D-Colo.

Bennet -- among the leaders in the push for a local patent office -- hailed the news Sunday as "tremendous for Colorado."

"It underscores what we already know about our state, and that's that it's one of the most innovative parts of the country," Bennet said in an interview. "And then there's the tremendous economic impact."

Denver's success in landing the office "helps brand the region" as a center for technological development and will promote job growth, Bennet added.

The Post's Allison Sherry reported Sundaythat Dallas-Fort Worth, Texas; and San Jose, Calif. as well as metro Denver are to be announced by theU.S. Commerce Department, which oversees the patent agency, as sites for satellite offices to open by late 2014. Detroit was previously announced as the planned site of a patent office.

The Post cited documents provided to it in its report.

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