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8.29.16

Agylytyx Reveals Progress on Patent Application

Sunnyvale, CA – August 29, 2016 – Agylytyx today announced that the U.S. Patent and Trade Office had docketed the company’s patent application and had marked it ready for examination. The company originally filed what is called a “provisional patent” in May of 2014. The company then had one year to file a formal patent application, which the company did in May 2015. At that time, management was advised by the law firm representing this case that the estimated time to review patents was two years.

In the second quarter of the year a patent examiner was assigned to the case, which means that the government has named an expert who will address the company’s application. The government is predicting that it will take twenty-two months to examine the patent. This means the patent office is delayed since the company’s filing in May 2015. The twenty-two months referred to as the time to examine was applicable upon assignment of the examining officer. This updated action means that the company’s patent application will most likely be examined in 2018 instead of 2017. Of course, the company will not be penalized for the delay and its “prior art” will be protected at least from the date of the original provisional patent filing in 2014.

The company applied for patent protection on the analytic approach represented by the Agylytyx Generator product. The company has developed a new approach to analyzing data based on a built-in “Construct Library” – essentially “building blocks” of analytics which allows 1) charts to be automatically generated without “selecting” data or applying filters 2) multiple charts to be created instead of just one 3) the ability of the end-user of the product to create reports or dashboards by using these “building blocks” and 4) the company’s ability to govern the entire process and control the way people in the company look and talk about data.

The many bases for the company’s patent is found in the original patent application. That application includes 17 independent claims, and covers the Construct Builder tool (an application used exclusively by the company’s data scientists and Agylytyx Generator and its components, including the Construct Library (the “building block” approach). The final application, called “SYSTEMS AND METHODS FOR APPLYING CONSTRUCTS TO A RECEIVED DATA SET” means that the Agylytyx Generator approach will remain unique.

About Agylytyx
Agylytyx provides cloud-based enterprise business analytic software. The company's flagship product, the Agylytyx Generator, frees up analyst time and results in better decision making across corporations. Agylytyx is based in Sunnyvale, California, and has locations in Philadelphia and Washington D.C. For more information about Agylytyx visit www.agylytyx.com.

Contact
Scott Gripenstraw
scott@agylytyx.com
(408) 498-5840


 

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