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    The Patents Are Coming | Log in/Create an Account | Top | 37 comments | Search Discussion
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    Patent Fuss-It Wasn't VRSN's Idea
    by Anonymous on Saturday May 17 2003, @10:20PM (#11674)
    Let me try to set the record straight on this one. This was NOT a VeriSign-original initiative. The patent inventor reads "Larry Joe Broadhurst." Joe Broadhurst was an employee of idNames.com, a ccTLD search and registration business I led along with my business partner, Marc Ostrofsky from 1996 to 1998. Some of you may recall that Marc Ostrofsky is the guy who purchased business.com for $150K and then sold it in 1999 for a reported $7.5 million. (Well that's another story for another time.) Anyway, one day Joe, myself (Pinky Brand) and Marc were sitting in our lawyer's office in Houston on a very hot summer day, because we were thinking of selling our ccTLD search and registration business to Network Solutions after they went public. We told our lawyer about this "worldwide WHOIS" search tool script we had written and were using to sell lots of ccTLD searches when he stopped us in our tracks and told us that we should immediately file a process patent on the thing. We spent the next 12 hours literally writing out the art on a piece of paper several times to get it right. The sole purpose of doing that was to create something valuable/tangible that could be sold in a transaction to an acquiring party...not to mention that by some wild chance we could later reap the benefits from such a patent should by some slim chance it be actually granted. To make a long story short, we assigned the patent appliation to Network Solutions when we sold idNames.com to them in 1998. I don't recall anyone at NSI being too concerned about it or even putting the application on the fast track with legal et al. The thing sat on the shelf for most of the next 2 1/2 years. As everyone knows, VRSN purchased NSOL in mid-2000 and unfortunately things went downhill from there as far as the idNames business goes...not too mention a lot of other stuff. --MORE LATER WHEN I HAVE TIME. -Pinky Brand www.arcemus.com
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