Datatreasury Corporation Creates A Niche In The Corporate World

DataTreasury Corporation is situated in Plano, Texas, United States and was founded in 1998. The foundation of the company happened as a platform was required for marketing the secure check imaging technology that Claudio Ballard invented in 1994. He also developed the working prototype for the technology in 1995. The secure remote image capture with transaction processing and centralized storage technology received the patents in 1999 and 2000. The invention was one-of-its-kind, economical and a highly efficient solution that has been well devised for doing away with the shortcomings of conventional imaging as well as transaction processing techniques.

The company started licensing its technology to small businesses, banks and financial organizations, as these were the organizations that most required the technology. The banks and financial organizations were spending huge sums of money every year for transferring important data like important data and information and were looking for a technology that would allow them to save on a lot of time and money. The technology from DataTreasury just served their purpose.

The idea for developing this technology came to Ballard when he went for dinner to a local pizzeria along with his father and saw the man at the restaurant storing important data like credit card receipts in shoe boxes. The secure check imaging technology was a much better and secure form of storing sensitive and important data that could be accessed by only the authorized personnel. DataTreasury Corporation only had the condition that the company availing its services should know about intellectual property and understand its worth.

The banks started asking for the license to use the technology of the company. There were also some banks that started using the technology without the consent of DataTreasury; this made the company sue these banks on patent infringement grounds. Some of the banks that were at fault, later settled the cause with DataTreasury Corporation.

A word or two about GRP

The Global Repository Platform or GRP of DataTreasury Corporation acts like a warehouse for the secure storage, management and retrieval of different forms of restricted data. The GRP is a kind of platform that offers unparalleled levels of security and accountability, which has been specially designed for ensuring the location as well as security of information. The GRP also assures only authorized personnel access to the stored information.

The platform has been formulated for providing support to all kinds of files, document and image storing, as well as management and retrieval of applications. The network architecture patents of the company offer support to the processing of documents and electronic data, which are related to different applications like business, banking, sales, and the general consumer transactions.

Today the intellectual property of the company is being faced with trials and tests at different courts and it is also facing challenges at the United States Patent Office by defendants. These defendants have access to huge legal budgets, and access to the largest law firms and most powerful lobbying groups of the world. Look before you leap; go through the licensing policy of DataTreasury well before being using their technology.

DataTreasury Corporation acquires, develops as well as licenses the secure imaging technology to companies that understand the worth of intellectual property or IP.