Press Release

28 CEOs Send Letter to President Obama in Support of Patent Reform

WASHINGTON, D.C. – March 25, 2009: Today, 28 CEOs from leading American companies wrote a letter to President Obama in support of patent reform. The letter urges the President to support the Patent Reform Act of 2009, which is in line with the Administration’s technology policy objectives as set out on www.whitehouse.gov. An excerpt from the letter is below:

“We share your sense of urgency on revitalizing the U.S. economy and believe that patent reform is an important part of that effort. According to a study by the Information Technology Industry Foundation, information technology has driven nearly all of the economic growth in the United States over the last decade, adding $2 trillion annually to the economy. Modernizing the U.S. patent system and stopping the abuses we see now will greatly enhance our efforts to innovate by creating U.S.-based jobs to help better lead our nation’s economic recovery.”

To view the full letter with the list of signatories please go to: http://www.patentfairness.org/learn/factsheets/

The Coalition for Patent Fairness is a diverse group of companies and industry associations dedicated to enhancing U.S. innovation, job creation and competitiveness in the global market by modernizing and strengthening our nation’s patent system. Legislative reform is critical to enable the patent system to promote, rather than inhibit innovation and economic recovery.

Contact: Amos Snead, Amos.Snead@StoryPartnersDC.com 
For more information, visit http://www.patentfairness.org.