PORTLAND, Ore., October 29, 2019 (Newswire.com) - Iconic Ventures, Inc., the parent company of ilo Vapor, is pleased to announce that the U.S. Patent and Trademark Office has issued the first of the company’s pending patents.
“It is very gratifying to receive our first issued patent for the groundbreaking research and development that the ilo engineering team has been conducting since 2016,” said Michael Lindars, Co-founder and CEO at ilo Vapor. He continued, “Our years of research and testing have led us to produce an American-made product that provides a rigorously-tested, clean and convenient alternative to traditional cartridges and pods.”
Patent # US 10,413,685 B2, issued on Sept. 17, 2019, with a priority date of April 10, 2016, includes 20 claims covering multiple inventions in the areas of improved vaporizers, vaporizer components and related subject matter.
“Iconic’s strong IP portfolio is not only the underpinning of our current product lines, it is also the foundation of a product pipeline that will see innovative new products being released for the next several years,” said Ray Utech, VP of Finance at ilo Vapor.
Iconic’s IP portfolio has the potential to grow substantially, as more than 11 pending patent applications work their way through the investigation and issuance process at the USPTO and international equivalents.
Furthering its commitment to a strong intellectual property portfolio and rigorous defense of its IP, Iconic Ventures has retained the services of a nationally recognized top-tier firm with deep, global, IP expertise.
About ilo Vapor
Founded in 2016, ilo Vapor, a division of Iconic Ventures Inc., has been quietly developing groundbreaking new technology for cannabis consumption, engineering innovative products that deliver unparalleled vaporization experiences. ilo Vapor is a Portland, Oregon-based technology, brand, and product development company engineering patented and patent-pending vaporization technology devices and solutions through cutting-edge technology and innovative design.
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Source: Iconic Ventures, Inc.