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Living Naturally Awarded Electronic Ordering Patent


Venice, Fla. – Living Naturally announced the award of a patent from The United States Patent and Trademark Office for Electronic Ordering, Inventory Management and Shelf Scanning. The patent application was originally filed in 2001.

“The award of this patent recognizes our original innovation in the electronic ordering space over five years ago. Living Naturally is in a very high innovation phase at this time, and we are very excited about the various ways we are helping to empower retailers and suppliers to compete with the mass market in the natural category,” commented Living Naturally CEO David Knaggs.

“It is remarkable to see how Living Naturally is providing such progressive solutions to the core of our industry for an affordable price. These advancements are helping the industry to stave off competition from the mass market and to remain strong. With more than 2,000 natural product stores already in their network and a high customer acquisition rate, I believe that Living Nat

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Did You Know?

There is a time limit on patent protection.

For applications filed on or after June 8, 1995, utility and plant patents are granted for a term which begins with the date of the grant and usually ends 20 years from the date you first applied for the patent subject to the payment of appropriate maintenance fees. Design patents last 14 years from the date you are granted the patent. Note: Patents in force on June 8 and patents issued thereafter on applications filed prior to June 8, 1995 automatically have a term that is the greater of the twenty year term discussed above or seventeen years from the patent grant.

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Activity based cost accounting - an accrual-based accounting method for determining unit-based costs of delivering services by allocating the costs to budgetary resources.

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Opposition Proceeding

Definition:
A proceeding before the Trademark Trial and Appeal Board in which the plaintiff seeks to prevent the issuance of a registration of a mark.

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