Milestones

1. Research of prior art.
2. Application for patent protection.
3. Feasibility studies to establish the economics of the proprietary invention.
4. Development of a plan for commercialization (at the present time this could be either manufacture, licensing or both.
5. Risk assessment, including risks of manufacture, competitive products and barriers to adoption.
6. Deployment commensurate with economic advantage and risk mitigation values.

Revenues are anticipated in the second year after in both the licensing and manufacturing models. In the Licensing model the payback rate can be modeled at three percent of gross revenues of the manufacturing sales predicated on a three tiered billing structure:

• First tier revenues are fees generated from licensing to manufacturers who produce materials for installation and a single licensing fee as a general example, although multiple licenses would be pursued over the patent life.
• Second Tier revenues are fees generated from licensing to manufacturers who produce installations for production of deliverable goods
• Third tier revenues are fees generated from licensing to distributors who sell deliverable goods

Any manufacturing estimates will be based on at least these three methods of revenue capture as well as margins above material cost as protected by intellectual property rights granted by the patent to be licensed in the earlier model.