Some curious end-of-year activity for one government agency: the US PTO announced on December 15, 2011 through the Federal Register that it will extend – but also terminate – the Greentech accelerated examination program. The program was set to expire at the end of December but it will be extended to March 30, 2012. If, however, they accord 3,500 greentech applications a special status before then, the program will terminate at number 3,500. Currently, the PTO web page statistics show the count is at 2,913. They may or may not hit 3,500. The program previously was supposed to hit 3,000 – but not there yet.
So, this is it !? Irony: the program is being terminated in view of its “success,” according to the PTO. Well, if a program is successful, why terminate….(well, never mind!). Heavy budget ax times may be ahead.
The alternative, according to the PTO, is the new Track I program. While this strategic insight from the US PTO is appreciated, the PTO neglects to warn users about the hefty fee the Track I program costs.
The new patent reform statute also has provisions for priority technologies – time will tell how that is used and if greentech will be a player.