Minnesota Inventors Develop Information Handling System

ALEXANDRIA, Va., April 12 -- Krys Cianciarulo of Maplewood, Minn., Stephen C. Cardot of Eagan, Minn., and Thomas Weiseth of Bloomington, Minn., have developed an information handling system.

According to the U.S. Patent & Trademark Office: "The present invention provides systems and methods which afford a technical application for insuring, bonding, and underwriting a transmission of a data set, streaming data, and/or document over the Internet through transmission control protocol/Internet Protocol and all other electronic media such as wireless application protocol, voice-over Internet protocol, fiber optic channels, microwave channels, and through standard electrical switches, electrical outlets and power lines. The present invention includes a computer-readable medium having computer-executable instructions to cause a system perform a method for insuring, bonding, and/or underwriting data transmission."

An abstract of the invention, released by the Patent Office, said: "The method includes enabling a first remote client coupled to a communications network to insure, bond, and/or underwrite a transmission of an electronic data set, streaming data, and/or document, with a selected coverage type for a selected coverage amount, from the first remote client to one or more second remote clients. The method includes charging a fee to an appropriate account for the selected coverage type and amount."

The inventors were issued U.S. Patent No. 7,349,954 on March 25.

The patent has been assigned to TranSurety LLC, Minneapolis.

The original application was filed on May 24, 2007, and is available at: http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=7,349,954.PN.&OS=PN/7,349,954&RS=PN/7,349,954.

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