frequently asked questions

faq

 

How much will it cost to register my idea?

Product Registration costs’ are very low. Ipexx registration fees typically average less than a daily cup of coffee.

Is registering my idea the same as a patent?

No. A Patent can only be issued through the corresponding government agency that is authorized to do so. The patent process may take years to complete and cost thousands with no guarantee of results.

Can you guarantee that I will make money?

No. It is impossible to guarantee the success of any product.

Is submitting my idea online safe?

Absolutely. Ipexx uses bank level encryption and state of the art online security measures for all online forms. 

How safe is my idea with Ipexx?

Ipexx employs multiple leading edge security devices, from secure HTTP to 128-bit data encryption. Our bunker like data center provides state of the art protection. All of our network equipment is under secure 24-hour surveillance. To access the site there are several levels of security that must be passed where each entry point provides smart card readers, scanners, photo encoded ID, palm print, and other ID confirmation measures. Additionally, all customer data is stored on a server that is configured with RAID 5 redundancy with an onboard hot spare. Data is also stored on network-attached storage, which has its own built in redundancy, thus providing an extra layer of protection. Furthermore, we employ redundant firewalls that are continuously monitored for unauthorized access. All customer data is automatically backed up daily to a tape library system. Tapes are taken offsite to a secure location that is designed to safeguard tapes under almost any environmental condition. The offsite facility exceeds industry storage requirements and is located over 100 miles away from the data center.

Do I need to have a working prototype?

No. In most cases a working prototype is not required. Additionally, we request that you do not send any prototypes or samples unless specifically requested to do so.

Do I need to have technical drawings?

No. Technical drawings are not required to submit your invention. However, should your product qualify to be registered, we may recommend that you include artwork to your file.

Who is Ipexx?

Ipexx is a private Limited Liability Company that has been duly formed as an international private Intellectual Property Exchange and Transfer Registrar; providing confidential, secure, encrypted, and private online access for Product Registration.

How much will it cost to submit my idea for review?

We will review your product, idea, concept, or invention on our own time and expense. Should any further fees, percentages, or other costs be required you would have to agree to them in advance.

Can I submit more than one idea?

Yes. In fact, we encourage it. In most cases it is unlikely that an inventor’s first idea will result in market success. Therefore, to improve the chances of success, it is necessary to keep creative energy flowing. We strongly encourage all inventors to maintain a journal of their inventions and pursue the most promising innovations in their portfolio of ideas. Invention success is often a numbers game, with those willing to do the work reaping the largest rewards.

I think my idea may be somewhat far-fetched will you reject it?

We endeavor to be as liberal and open-minded as possible. However, it is necessary for us to operate under conservative guidelines. Consequently, your idea may be rejected for Product Registration. Please do not take this as a personal offense. Just because we cannot move forward on your product does not mean you cannot. You are still free to pursue your idea independently. Regardless of our decision, all of your information always remains confidential.

Can I have a Co-Inventor named on my idea?

Yes. We will gladly note this information for you in your file.

Is Ipexx a government sponsored agency?

No. Ipexx is a private Limited Liability Company headquartered in Washington, D.C. USA.

If I register my idea do I still need a patent?

Ultimately this is your decision. Statistically, over 97% of patent holders earn no money from their patents or are able to even recover the legal expenses to obtain the patent. It is our view that patent work should be reserved for products whose income potential appears imminent. Thereby avoiding unnecessary expense and disappointment. Product Registration with Ipexx enables an inventor to test the waters of income potential while discreetly maintaining confidentiality.

What form of payment does Ipexx accept?

Ipexx can accept the following payment methods: Visa, Mastercard, Maestro, Switch, Solo, Delta and JCB.