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Notable inventions

Paraskevakos' most notable inventions relate to the transmission of electronic data through telephone lines which formed the original basis for what is now known as caller ID.¹ Paraskevakos began his work in this field in 1968 while working as a communications engineer with SITA and has since been issued over 20 patents worldwide based on this technology. His transmitter² and receiver³ were put into practice in 1971 in a Boeing facility in Huntsville, Alabama.

Patents

Paraskevakos holds over 50 patents worldwide including a digital alarm communication system, which also covered handheld or portable cardiac alarms⁴ automatic meter reading and load management,⁵ digital vending machine communications,⁶ indoor archery,⁷ vertical parking, intelligent currency validation network,⁸ and a method for identification of currency used in unlawful activity.⁹ He founded, among other companies, Metretek, Inc., DataVend, Inc. and Intelligent Currency Validation Network, Inc.¹⁰¹¹

External links

• Theodore G. Paraskevakos Inventions, Patents and Patent Applications, JUSTIA Patents
• Patent for Apparatus for generating and transmitting digital information
• Patent for Decoding and display apparatus for groups of pulse trains
• Patent for Sensor monitoring device
• Patent for Archery/practice exercise device and attachments therefor
• Patent for Apparatus and method for remote sensor monitoring, metering and control
• Patent for Vending machine and method for automatic vending and returning of merchandise, particularly video cassette tapes

References

1. "Theodore Paraskevakos: Executive Profile & Biography". Bloomberg Businessweek. Retrieved 20 June 2013.[dead link‍] http://investing.businessweek.com/research/stocks/private/person.asp?personId=99411576&privcapId=84684310&previousCapId=84684310&previousTitle=ICVN,%20Inc. ↩

2. U.S. Patent #3,812,296/5-21-1974 (Apparatus for Generating and Transmitting Digital Information) ↩

3. U.S. Patent #3,727,003/4-10-1973 (Decoding and Display Apparatus for Groups of Pulse Trains) ↩

4. U.S. Patent #3,842,208/10-15-1974 (Sensor Monitoring Device) ↩

5. U.S. Patents #4,241,237/12-23-1980 and #4,455,453/1-19-1984 (Apparatus and Method for Remote Sensor Monitoring, Metering and Control) as well as #7,940,901/5-10-2011 (Remote Management of Products and Services) ↩

6. U.S. Patent #4,858,743/8-22-1989 (Vending Machine and Method for Automatic Vending and Returning of Merchandise, Particularly Videocassette Tapes) ↩

7. U.S. Patents #4,623,145/11-18-1986 and #4,708,341/11-24-1987 (Archery/Practice Device and Attachments Therefor) ↩

8. U.S. Patents #7,006,664/2-28-2006 (Intelligent Currency Validation Network), #7,454,049/11-18-2008 (System and Method for Intelligent Currency Validation), #7,567,698/7-28-2009 (Device and Method for Preventing Counterfeiting Using a Currency Serial Number Reader) and #7,724,938/5-25-2010 (System and Method for Intelligent Currency Validation) ↩

9. Legionpatient 698 Paraskevakos Device and method for preventing counterfeiting using a currency serial number reader https://www.legionpatent.com/patents/7567698/ ↩

10. "Theodore Paraskevakos: Executive Profile & Biography". Bloomberg Businessweek. Retrieved 20 June 2013.[dead link‍] http://investing.businessweek.com/research/stocks/private/person.asp?personId=99411576&privcapId=84684310&previousCapId=84684310&previousTitle=ICVN,%20Inc. ↩

11. Milani, Kate (10 November 2003). "Inventor reveals the names behind numbers". American City Business Journals. Retrieved 20 June 2013. http://www.bizjournals.com/baltimore/stories/2003/11/10/smallb3.html?page=all ↩