Chairman of New York College of Health Professions and World Renowned Inventor, Donald Spector, Granted New Patent that May Change the Balance of Power Between Chip Makers and Manufacturers
New York College of Health Professions announces a state-of-the-art addition to their world class Intellectual Properties portfolio with the addition of U.S. Patent #9,060,040 being published on Tuesday, June 16, 2015. Donated under the College's Intellectual Property policy by Donald Spector, Chairman of the Board of Trustees at the College, this proprietary technology is part of a comprehensive portfolio that will allow objects in homes, including television screen savers, computer screens, sound systems, ornamental objects and bathroom fixtures, to take on the sounds and images of any audio/video Internet station or playlist. This new patent joins New York College of Health Professions Intellectual Properties portfolio, which according to independent appraisers can generate tens of millions of dollars per year on a 4% royalty stream.
"This patent is one of my favorites," says Spector. "It is interesting that your home can transform from one theme to a completely new one with the press of a button. A person can have their parents over and have all kinds of family pictures and memories, and seconds later change to a seductive bachelor or bachelorette pad or anything in between. The makeover of our walls and fixtures through this technology will enable people to have images and sounds morph so that home or office decor will change forever."
"Companies like Nest have been sold for billions of dollars but they really control HVAC, lighting and other mechanical things in the home," states Lisa Pamintuan, President of New York College of Health Professions. "In several years a version of this product will be in almost every modern home. In the future you will be able to search Facebook and instantly get the profile of a guest who is coming to visit and reconfigure your entire environment to match with either their taste or your taste. This new type of decor will give homes the sensation of a different atmosphere since the rooms can instantly change to any mood, feel or look imaginable."
Spector has created several billion dollar industries. He had the first patents on location based advertising - one of the first super apps. Spector opened up the field of hydraulic exercisers with the MuscleWorker when he was in his early twenties. He later developed the first hyperbaric chamber (for seeds), the first electronic air freshener systems (licensed to Bristol-Myers Squibb, which set up a separate division for Spector's patents), the first clip-on vent air fresheners, in addition to hundreds of other consumer products.
Mr. Spector's patents range from toys in the Barbie line, Hasbro, Jakks Pacific WWF Wallbangers, to the first Underwater Thermal Engine that uses temperature differentials between the surface air and deep water colder temperatures, sophisticated medical and surgical equipment, the first biosensor patents for wearables, as well as textiles and financial systems.
In his diverse career, he has been Chairman of a record label and authored 'The Self Improved', distributed by Random House in the United States and Citic Press in China. He has also been a Broadway executive producer. With his cousin, Sam Rubin, owner of John Henry the richest horse in the history of racing, the partners parlayed one of Spector's earliest patents into a fragrance empire with Charles of the Ritz.
With Spector's many contributions, New York College of Health Professions is working with major universities and corporations in order to commercialize their expansive intellectual properties portfolio.
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