Xelot is now Patent Pending!

I am excited to say that Xelot, our new website estimation service is now patent pending! Daina and I have spent quite a while putting-together our first algorithm together. Both of us have backgrounds in computer programming and algorithm design and it’s been a blast working on this together.

website estimationA couple of weeks ago we decided that after all this hard work we should probably get a patent out of it. So we spent about 8-hours putting-together the application, diagrams, etc. and submitted to the US Patent Office who accepted it last Tuesday! We can’t wait to release Xelot to our beta team which was supposed to happen a couple week ago but we held-off to tweak the algorithm a bit more and file the provisional patent. This is more than just a development project, we are building a business here folks!

If you have already signed-up for the beta – thanks for your patience as we have perfected and patentisized (that’s a word right?) the algorithm. Daina and I can’t wait to share this with the beta team and begin collecting feedback and really perfect the system. Stay-tuned, soon you’ll be able to understand how much that website of yours is really worth!

{ 6 comments… add one }

  • TeenDomainer March 28, 2011, 8:29 am

    Congrats I can’t wait for it I know its going to be great!

    Reply
  • HK March 28, 2011, 9:09 am

    Well done 🙂

    Logo looks great!! I think you’re going
    to be very successful in life because
    everyone loves you in the domaining
    community and you’re always planning
    ahead of the game and that’s the right
    ingredients.

    Reply
  • Joel March 28, 2011, 11:27 am

    Your landing page looks great! I’m excited to try it out!

    Reply
  • Anthony David March 28, 2011, 12:35 pm

    Morgan,

    Why would you need to patent the algorithm? Your site will be dynamic so the algorithm wont even be visible to the user.

    Anthony

    Reply
  • James March 28, 2011, 4:43 pm

    What is with the name, surely you have better domains out there.

    Reply
  • Vincent N. April 11, 2011, 4:42 pm

    good luck!
    I’ll get the denial letter first time 🙂

    Reply

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