Patents Assigned to COOLWELL, INC.
  • Publication number: 20080015873
    Abstract: A system and method for collecting revenue for the leasing of an apparatus. The system controls the availability of the apparatus by either: restricting use of the apparatus only if a timely lease payment has been made; making the apparatus available for use under the condition that the lessee of the apparatus has made timely payment; or a combination of thereof. The system utilizes a smart electronic data storage device to assist in debiting a lessee's account remotely via the Internet and allows leasing of the apparatus either for a given period of time or on a per-use basis.
    Type: Application
    Filed: July 13, 2006
    Publication date: January 17, 2008
    Applicant: COOLWELL, INC.
    Inventors: Ronald Shostack, Thomas Rosenbaum