Patents by Inventor Arthur L. Norins, Jr.

Arthur L. Norins, Jr. 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).

  • System and method for transacting for an upgrade having an uncertain availability
    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
  • Method for transacting for a perishable object having an uncertain availability
    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