Patents by Inventor Arthur L. Norins

Arthur L. Norins has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Patent number: 8285599
    Abstract: One embodiment of the instant invention is a computer-implemented method for processing transaction-related data that includes at least the following steps of: receiving seller data about a seller; receiving buyer data about a buyer; generating a seller profile; generating a buyer profile; receiving transaction data about a current transaction between the seller and the buyer for an offering; generating a transaction composite for the current transaction; determining a classification rule for each transaction composite class; and classifying the transaction composite into a particular transaction composite class based on comparing the classification rule to: i) the generated seller profile, ii) the generated buyer profile, or iii) the current transaction.
    Type: Grant
    Filed: March 28, 2012
    Date of Patent: October 9, 2012
    Assignee: NOR1, Inc.
    Inventors: Andrew Hines, Arthur L. Norins
  • Patent number: 8271337
    Abstract: The present invention enables the purchase of upgrades by ascertaining and attaching a value to the certainty that the upgrade will be available and adjusting the value of the product or service for purchasers willing to pay a reduced value on the condition that the upgrade may not be available at the time of expiration. Rather than paying the certainty value, the prospective purchaser is given the opportunity to enroll in a pool for the perishable upgrade. At a certain time the perishable is released to the pool of purchasers, who are then selected to purchase the item.
    Type: Grant
    Filed: January 8, 2004
    Date of Patent: September 18, 2012
    Assignee: NOR1, Inc.
    Inventors: Arthur L. Norins, Jr., Arthur L. Norins
  • Patent number: 8170925
    Abstract: One embodiment of the instant invention is a computer-implemented method for processing transaction-related data that includes at least the following steps of: receiving seller data about a seller; receiving buyer data about a buyer; generating a seller profile; generating a buyer profile; receiving transaction data about a current transaction between the seller and the buyer for an offering; generating a transaction composite for the current transaction; determining a classification rule for each transaction composite class; and classifying the transaction composite into a particular transaction composite class based on comparing the classification rule to: i) the generated seller profile, ii) the generated buyer profile, or iii) the current transaction.
    Type: Grant
    Filed: July 18, 2011
    Date of Patent: May 1, 2012
    Assignee: NOR1, Inc.
    Inventors: Andrew Hines, Arthur L. Norins, Sr.
  • Patent number: 7249062
    Abstract: The present invention enables the purchase of perishable objects by ascertaining and attaching a value to the certainty that the perishable object will be available and adjusting the value of the product or service for purchasers willing to pay the discounted value on the condition that the perishable object may not be available at the time of expiration. Rather than paying the certainty value, the prospective purchaser is given the opportunity to enroll in a pool for the perishable object. At a certain time the perishable is released to the pool of purchasers, who are then selected to purchase the item.
    Type: Grant
    Filed: January 8, 2004
    Date of Patent: July 24, 2007
    Assignee: Nor1, Inc.
    Inventors: Arthur L. Norins, Jr., Arthur L. Norins