Little Neck, NY, January 15, 2008 - Leviton Manufacturing Company, North America's leading producer of electrical and electronic wiring devices, was ranked # 1 for the second consecutive year by the Patent Board, a leading provider of best practices research, tools and metrics for patent analysis and intellectual property investment. The Patent Board tracks and analyzes innovation, movement, and the business value of patent assets across a wide variety of industries on a global basis.
Leviton was ranked # 1 on The Patent ScorecardTM in the area of industrial components and fixtures. The Patent Board's scorecard rates corporate innovation across 17 industries and combines a number of industry-standard metrics to arrive at measures of patent portfolio quality, technological strength and breadth of impact. The aggregate score received by a company determines its ranking.
"We are pleased that our patent portfolio was so highly ranked by the Patent Board," said Donald J. Hendler, president and CEO of Leviton. "As part of our intellectual property, our patents represent strongly-valued strategic assets that distinguish our products in the industry and which, as a primary business objective, we work diligently to protect. Given the very high profile of the companies included on the Patent Board's scorecard, we couldn't be more pleased to be at the top of the list."
The Patent Board's scorecard criteria includes measurements of a company's technology strength, industry impact, patents granted, science strength, research intensity and innovation cycle time. Leviton received an exceptionally high score in the area of industry impact -- a measure of the degree to which a company's patent portfolio impacts the development of technologies in other companies compared to the industry at large. Leviton surpassed Illinois Tool Works, Matsushita Electric Industrial, Sumitomo Electric Industries, Rockwell Automation, 3M, Eaton Corporation, Schneider, SA, United Technologies and many other industry giants with its top of the list placement.
Founded in 1906 at the dawn of the electrical era, Leviton manufactures over 25,000 different products and is North America's leading electrical and electronic wiring device producer. Leviton products are used in nine out of ten homes in the US and Canada, and in commercial facilities, industrial plants and OEM operations. A third generation family owned and operated business, Leviton sets the pace of progress in the industry.