Imagine having patent on something as fundamental as water, or why not air! And being able to charge someone for it.

Veckans Affärer ,  November 12, 2001

Israeli Gilad Lederer has something even better. Air and water can never be owned by someone, but essential optics can. Through his company, OTM, the patent got him the exclusive rights to the optical technique that measures movements in three dimensions.

The fields in which this could be used are almost endless, especially in the mobile environment. Put this technique in a pen, connect it to your mobile phone or note book and via Bluetooth you can write your SMS or notes on any flat surface.

It’s not even necessary with any special paper as is the case with the Swedish digital pen, Anoto.

OTM has enticed the Swedish venture capital company Startupfactory to make its first investment in Israel, even though its prime markets are Sweden and Finland. With this move, OTM has managed to get Ericsson’s former CEO, Sven-Christer Nilsson, on the board. Not bad, considering that every major mobile phone and notebook manufacturer in the world is interested in the technology.

Gilad Lederer and his co-founders will live well on royalties and the development of new areas of the technology. They have no plans to create and marketing products on their own.

“Nokia and Sony are much better than we are at marketing. We’ll focus on what we do best,” says Gilad Lederer and also points out one of Israel’s biggest problem.

The country is the world’s leader in the field of high technology but not in the field of building major companies around it.