PHLburg Technologies, Inc.

Operations Overview

PHLburg's core business is to search for technologies and products that possess substantial novel technical properties and satisfy a customer’s problem statement needs.  The market for these unique technology solutions in the West exists because of the technologies’ uniqueness, superiority to existing technologies, or their economics – "price points." The exporting of technology is subject to “Export Control Regulations”. PHLburg complies with these regulations during each phase of its work.

First Level of Evaluation

Once a technology is identified, it is subjected to a first level of evaluation.  This test is an informal study by PHLburg's staff in Russia and the U.S. to determine the technology's potential to satisfy a customer’s problem statement, its international patent status, and its “clearance for export.”

Second Level of Evaluation

If an identified technology is of interest to a customer, PHLburg’s staff in Russia and in the U.S. completes an additional evaluation.  Significant scientific information is accumulated, evaluated and tested.  PHLburg’s IP attorney in Russia renders an opinion on the technology’s international patent, or its potential to obtain such patent.  An opinion is also obtained from a federally licensed agency for permission to export information and samples.  The customer’s questions are answered and samples may be obtained.

Ongoing Evaluation and Monitoring

Project Managers, both in Russia and in the U.S. , monitor, evaluate, and report monthly on PHLburg's technology commercialization projects to ensure that they are on track, and that the ongoing scientific and legal considerations remain as previously indicated. We report monthly (Status Reports) to our Customers. Alternative and additional scientific and commercial applications of the technology are discussed.  The status of requests to the authors of the technology are reviewed weekly.

Gestation Period

Customarily, it takes six months (sometimes 8 months) for PHLburg to identify, complete the first round of evaluations, and report on technology specified by a Western business.  If the technology is subject to export control regulations, this period could be extended 2-3 months. Up to six additional months may be required to customize, further test, and evaluate the identified technology prior to commercialization.  PHLburg assists its customers with each step in the process and helps facilitate all contractual matters.

When PHLburg represents a scientist, from the moment it identifies a technology to be added to its portfolio, until the time the technology is licensed and an advance royalty check is received, on average, approximately eighteen months will pass. 

PHLburg is constantly evaluating its systems and procedures to reduce the average incubation period.