Company Filing History:
Years Active: 2008-2024
Title: Frederick W. Lark - A Pioneer in Computer-Based Auction Innovations
Introduction
Frederick W. Lark, an innovative inventor based in Bernardsville, NJ, has made significant contributions to the field of computer architecture and auction systems. With a remarkable portfolio of 13 patents, Lark specializes in developing technologies that enhance the process of conducting auctions for basic generation services.
Latest Patents
Lark's latest patents showcase his expertise in creating efficient auction systems. One of his groundbreaking innovations is a system for conducting a computer-based, simultaneous, multiple-round, descending clock auction for basic generation services. This system comprises a web server that receives bid data from users, an application server for processing bids according to auction rules, and a database server for storing auction data. The methodology includes iterating steps of receiving bids, calculating next round prices, and communicating results to bidders effectively. Additionally, his work addresses how to process withdrawal and switch requests from qualified bidders, enhancing the flexibility and responsiveness of the auction process.
Career Highlights
Throughout his career, Frederick W. Lark has made a notable impact in the energy sector through his work at Atlantic City Electric Company and Jersey Central Power & Light Company. His insights into auction processes have contributed to the efficiency and transparency of energy service procurement.
Collaborations
Lark collaborated with talented individuals such as Anthony R. Robinson and Eugene Meehan, which has further enriched his innovative capabilities and allowed him to explore new avenues for technological advancements in auction systems.
Conclusion
Frederick W. Lark continues to push the boundaries of innovation in computer-based auction technologies. His extensive patent portfolio and collaborations reflect a commitment to enhancing and streamlining the auction process for basic generation services, establishing him as a key figure in this specialized field.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.