Hestia Insight Inc. Launches AI-Powered Patent Service for SMEs

Hestia Insight Inc. (OTCQB: HSTA) has unveiled its innovative AI-powered patent service, Pat-Agent, designed to revolutionize the patent filing process for small and medium enterprises (SMEs). This service promises to reduce costs by up to 80% and significantly shorten filing timelines, addressing a critical need for over 234,000 SMEs that file patents annually. The launch of Pat-Agent marks a significant milestone in leveraging artificial intelligence to democratize access to patent filing services, traditionally a costly and time-consuming process.

The confidence in Pat-Agent's effectiveness is underscored by Hestia Insight's decision to use its own service for filing omnibus patents, achieving remarkable cost savings and reducing the timeline from two months to just ten days. An early adopter of Pat-Agent reported similar success, expanding their claims into larger markets and establishing a robust defensible IP moat. This validation highlights the potential of Pat-Agent to transform the patent filing landscape for SMEs.

Targeting the rapidly growing $10.8 billion legal AI market, Pat-Agent focuses on the underserved SME sector, which often cannot afford the steep costs associated with traditional patent filing services. Edward Boyle, Chief Strategy Officer of Hestia Insight and the creator of Pat-Agent, shared insights into the development of the service, emphasizing the archaic and expensive nature of the current patent filing process. Boyle's experience with AI startups and collaboration with over 100 CEOs on AI strategy revealed a universal challenge in IP protection, paving the way for Pat-Agent's creation.

Pat-Agent stands out by offering AI-powered patent intelligence that analyzes thousands of related patents in minutes, providing comprehensive graphical maps of the patent landscape. This innovative approach not only scores patentability based on USPTO criteria but also predicts the likelihood of Patent Examiner acceptance. Such capabilities are game-changing, especially considering that about half of patents are currently rejected. Pat-Agent's ability to quickly analyze Examiner reports and file amendments at a fraction of traditional costs further enhances its value proposition.

For more information on Hestia Insight Inc. and its filings with the Securities and Exchange Commission, visit http://www.sec.gov. The introduction of Pat-Agent by Hestia Insight Inc. represents a pivotal development in making patent filing more accessible and affordable for SMEs, leveraging AI to address longstanding challenges in the IP protection process.