USPTO's Program for Protecting IP Theft in China

United States Patent and Trademark Office (USPTO) office annouced a new program for businesses to help protect against counterfeiting and piracy. The focus of the seminar appears to be drafting enforceable IP agreements. Although needed, when it comes to software products and digital assets agreements need to coupled with software protection approaches to be effective. Some interested data was including in the release:

"China was the number one source of counterfeit products seized by U.S. Customs and Border Protection (CBP) in 2007, accounting for 80 percent of all seizures."

"piracy and counterfeiting - which cost the American economy approximately $250 billion annually"