Looking good……real good….
iGo received another patent today:
Load condition controlled wall plate outlet system
Abstract
In accordance with various aspects of the present invention, a method and circuit for reducing power consumption of a wall plate system during idle conditions is provided. In an exemplary embodiment, a wall plate system is configured for reducing power during idle mode by disengaging at least one outlet from a power input. A wall plate system may include one or more outlets and one or more wall plate circuits, with power input connected to the outlets through the wall plate circuit(s). The wall plate circuit may include a current measuring system, a control circuit, and a switch. The current measuring system provides, through the switch, an output power signal that is proportional to the load at the outlet. If behavior of the current measuring system indicates that an outlet is drawing substantially no power from the power input, the switch disengages the power input from the outlet.
What will happen? iGo will place the technology on a silicone chip and license it to companies. They will not make the outlet, just license the technology.
We now have a company, who when we first looked at it, are biggest goal was to get on the shelves at Wal-Mart. Now we have 6 patents issued and the ability to license the technology to OEM’s for laptops, cell phones and now wall plate manufacturers. Our potential revenue stream just got a whole lot larger….a whole lot.
Usual disclaimer. Do not expect this to be monetized today or tomorrow. There will be a lead time hear for the sales cycle to take place and adoption of the technology to happen. Do I think it will? Yes, in a large way.
In a world were wall plates, cell phone chargers and even $1000 laptops are simple commodities, one sure way to differentiate your product is to offer an inexpensive energy saving product the others do not have. iGo and its chip offers that product.