1. We help people coordinate spontaneous real-world activities. Total downloads1 Million+ Monthly users220,000 Revenue sourceIn-app purchases, ads Qbix

2. 2 Mission: “Embrace and empower invention by supporting an Innovative Economy” Claims patent covers all in-app purchasing on all devices. Asked why they’re targeting small developers: “This story is about accountability for actions. If you are a Developer, it’s about knowledge about the scope and risks of your business.” “Invention”: 1 Implementation: 0 http://www.lodsys.com/1/post/2011/05/why-are-you-targeting-apple-developers-or-android-developers-why-are- you-picking-on-small-developers-who-cannot-defend-themselves.html

3. 3 Update on the Lawsuit LODSYS reasserts suit, citing licensing momentum: As of October 8, 2012, there are greater than 150 companies which obtained the rights to use the Lodsys Group patent portfolio, and more than 4 out of 5 of these companies have entered into licenses outside of the litigation process. These companies have realized significant savings by taking advantage of lower licensing rates. http://www.macrumors.com/2012/10/08/lodsys-offers-update-on-in-app-purchase-patent-dispute/ Intimidation: 1 Investigation: 0

4. 4 Interval Licensing Asserts rights against all major players on the web except Microsoft http://www.patentlyo.com/patent/2010/08/interval-licensing-v-aol-apple-ebay-facebook-google-etc.html AOL, Apple, eBay, Facebook, Google, Netflix, Office Depot, OfficeMax, Staples, Yahoo!, and YouTube Anyone here know the result?

5. 5 Open Source Platforms Linux - operating systems everywhere Languages - PHP, Java, Ruby, etc. Wikimedia - spread knowledge WebKit - browsers everywhere Netscape -> Mozilla Konqueror -> WebKit Ne http://en.wikipedia.org/wiki/Essential_patent

6. 6 What can the USPTO do? Steps in the right direction: Favor implementation and investigation. Err on the side of less approvals. Enhance the Obviousness standard: 1. Would this be discovered in the next 6 months without disclosure? If so, don’t grant claim. Why does the industry need it? 2. After 6 months, crowdsource prior art info on sites like http://patents.stackexchange.com/. Prior art must have been created over a month before claim was disclosed to the crowd. http://patents.stackexchange.com/ Open source drives software innovation, based on implementation. Patents are based on disclosure + monopoly restrictions on industry. Effort put into writing software is protected by copyright.

7. 7 Gregory Magarshak Qbix