Hera is in a unique position to provide competent consultation in the area of Intellectual Property, as it relates to power generation and air pollution control, for a number of reasons, including:

1. Over three dozen patents have issued to the Hera principals.
   
   
2. All of the Hera principals have engineering degrees, including a Ph.D. in thermodynamics and particle dynamics.
   
   
3. All of the Hera principals have participated in technical due diligence activities.
   
   
4. One of the Hera principals is an attorney, who is also registered to practice before the United States and Canadian Patent Offices, and has testified several times as an expert in intellectual property matters.
   
   
5. The Hera principals have been involved in excess of one hundred and fifty license agreements where the property being licensed was know-how and/or patents.
   
   
6. The Hera principals are very experienced in the design, use, and marketing and selling air pollution control and power generation equipment.
   
   
7. Hera possesses a significant library of intellectual property prior art in the pollution control and energy generation fields, the principals are well versed in the area of patent analysis and invention identification, and are available to assist its clients, and their patent attorneys in the above identified fields.
   
   

In view of the above background, Hera offers the following services relating to intellectual property:

1. Intellectual Property Due Diligence
   
   When a client of Hera is considering the acquisition of all or a portion of a company, where intellectual property is a significant portion of the asset base being acquired, Hera is available to work with the client’s attorneys and accountants to evaluate, and assist in the valuation of the intellectual property being purchased or licensed.
   
   
   
2. Licensing “Finder” Services to University and Not-for-Profit Organizations
   (Services Limited to the Air and Water Pollution Control and Power Generation Industries)
   
   Licensing Departments of University and Not-for- Profit organizations do an excellent job in interfacing with staff inventors, handling patent disclosures and handling the disclosures through the filing, application and patent issuance stages. After issuance, the patent value is established only when marketed, and either sold or licensed to third parties who have the capacity and capability to commercialize the invention. While universities often have commercial contacts in biological and chemical sciences, it would be very unusual for them to have national and international contacts with the commercial personnel in the Power Generation and Air and Water Pollution Control Industries. It is this known area of need that Hera offers its assistance.
   
   At the request of the University or Not-for-Profit organization, Hera will perform a preliminary no cost review of the patented invention, and attempt to formulate an opinion on the potential commercialization of the invention. If it appears that there is a significant potential for commercialization in the industries serviced by Hera, the next step would be for Hera and the University to enter into an agreement so that Hera could move forward with attempting to find a licensee or, as the case may be, a purchaser, for the patent and supporting technology. In most instances, the major portion of Hera’s compensation for its services would be a share of the income received by the University for the sale or licensing of the patent or related technology.
   
   
   
3. State of the Art and Competitive Analysis
   
   When considering entering a new market or developing a new product, a review as to what has been done before, as well as a competitive analysis, can be partially achieved by a consideration of the prior literature and patents. Hera is qualified to assist its clients in this sort of investigation.
   
   
   
4. Create Corporate Intellectual Property Policy
   
   Hera is available to its clients to suggest corporate patent disclosure, patent committee and patent award programs. Hera is also available to provide educational seminars to its client’s engineers and technical personnel, to promote invention and patent disclosures.
   
   
   
5. Audit of Intellectual Property Estate
   
   Hera is available to evaluate a client’s patent and know-how docket. This audit would be useful for unbiased opinions as to: whether or not to continue paying renewal fees on patents; which countries to file for foreign protection or to drop existing protection; how to handle write downs for tax and book purposes; assist in packaging know-how and patents for spin-offs; and the like.
   
   

HERA PATENTS

HERA considers protection of its intellectual rights as substantial element of its business strategy. Following is a list of most recent patents granted to HERA.

Detailed description of these patents could be found at the USPTO website.

Some of these patents, and related technology, may still be available for licensing or sale. If interested, please contact Hera at info@herallc.com