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Heritage Global Patents & Trademarks to Conduct Sealed-Bid Auction of Golf Club Head Patent # US 7,585,232 B2 on Behalf of The Beta Group

Bid Submission Deadline: September 14, 2019

Revolutionary Golf Club Head Design

SAN DIEGO, Aug. 14, 2019 /PRNewswire/ -- Why should you be interested in acquiring this patent? - What problem with golf clubs does this patent solve?

  • Blade irons allow greater workability and finesse in shot-making but are very unforgiving of shots when the ball is struck off-center on the club. Cavity-back irons are more forgiving of off-center strikes but have less shot maneuverability than blade irons. Approximately only 5% of golfers use blade irons – many more would like to use blade irons but cannot do so due to the low forgiveness resulting from striking the ball off-center.

What is needed?

  • Golf needs a set of clubs with the forgiveness of a cavity-backed iron, and the shot- making workability of a blade iron.

How does this patent solve the problem?

  • By incorporation of NiTi (Nickel / Titanium) "bars" into the golf club head in a design that increases distance and spin-rates, while simultaneously providing the forgiveness of a cavity-backed iron and the shot-making capability of a blade iron.

What do others say about this technology?

Importantly, The United States Golf Association (USGA) issued a letter stating, it is "…pleased to advise you that the iron, as submitted, has been inspected and it has been determined that it conforms to the Rules of Golf."  Click Here for USGA Letter

Harvard Business Review Published a Case Study about Beta Golf and its golf club technology stating the club, "….allows golfers to reduce the dispersion of miss-hit golf balls."

A metric commonly used by Patent Analysts as an indicator of potential patent significance and value are "Forward Citations".   These are instances where a previously granted patent is referenced in the subsequent patent of competitors.  The premise is that highly cited patents are far more likely to be of fundamental importance than those receiving little or no Forward Citations.   This Beta Group Golf Club Head Patent has been Forward-Cited a total of 29 times by Golf Club Industry leaders, including:

  • Karsten (Ping) – 15 Forward Citations
  • Acushnet (Titleist) – 10 Forward Citations
  • Callaway Golf (Big Bertha, Epic Irons) – 3 Forward Citations

Click Here for Patent Analysis Report of US 7585232 B2 – Golf Club Head

Click Here to go to Auction Information Page.

About The Beta Group LLC  www.betagroupllc.com

The Beta Group is a privately held company focusing on strategic innovation in partnership with individuals, venture capitalists, and corporations. The Beta Group develops technologies to meet existing market needs, often starting with only an idea. Products have been successfully developed for diverse markets, including medical devices, advanced materials, ophthalmic, consumer, logistics, and electronics.

About Heritage Global Inc.   www.heritageglobalinc.com

Heritage Global Inc. (HGBL)(HGP.CN) is a value-driven, innovative leader in corporate and financial asset liquidation transactions, valuations and advisory services. Heritage Global focuses on identifying, valuing, acquiring and monetizing underlying tangible and intangible assets in twenty-eight global manufacturing and technology sectors. Heritage Global acts as an adviser, as well as a principal, acquiring or brokering turnkey manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, accounts receivable portfolios, intellectual property, and entire business enterprises.

About Heritage Global Patents & Trademarks

Heritage Global Patents & Trademarks is the Intellectual Property Division of Heritage Global Inc. and provides a platform for corporations to monetize non-commercialized, non-core, and non-strategic patents representing only ongoing costs - but whose market value deteriorates with every year of non-use.

Media Contact:

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707.245.4417
219930@email4pr.com 

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