Presidents Biography
A talented and highly motivated young man had a dream. He wanted to start,
own, and build a company in the technology arena. His long range goal was
to take his company public.
He faced a couple of challenges. He did not have a product and he did not
have any money. And he was a teen-ager . . . he had just turned seventeen!
His name is Greg Dockery.
Greg found an organization in Salt Lake City, Utah that evaluated companies and
their product offerings as to the feasibility of that company going public.
The consultants on the staff of this organization agreed that Greg’s concepts for
products and how to market them were well qualified for the status of a publicly
owned company. Now all Greg had to do was decide on the products, form and
finance the company and make it successful.
Greg had met an electronic engineer in Riverside, California who specialized in
developing products. For example, this engineer was currently working on what
was then a revolutionary idea, a cordless telephone. He said he could create
products for Greg, but it would cost a lot of money. Money, you’ll remember,
was something that Greg did not have, so he realized he would have to develop the
products himself.
1981 - Original “Caller ID”
Based on some extensive research he had done, Greg decided that
a device that would let a person receiving a call know who was calling before answering
the phone could be designed, and so he designed one! This new innovation was
called “Caller ID”. The only problem was that for his product to work, the telephone
company had to redesign some of it’s equipment to support it.
Dockery took the idea to AT&T. They indicated a strong interest and a
willingness to make the necessary adjustments in their equipment to accommodate
the idea. Based on what they said, and remember Greg was only seventeen at
the time, Greg and his father in law put together a group of investors and built
25,000 pieces of the device to be ready when the needed upgrades in equipment at
AT&T had been completed. Valuable time went by and the necessary changes
had still not taken place. Something significant did, however take place.
AT&T shared the caller id idea with a well known telecommunications company.
This company examined the plans and the prototype of the product.
The company was convinced the idea would be a spectacular commercial success.
This well-known company then did some creative work of their own and came up with
a way to go forward with the project without including Greg Dockery in any way!
In other words, Greg’s idea and the device he had invented to make it work were,
to use plain words, stolen.
And here we go again!
About the same time as Greg was working on Caller ID for telephones,
he came up with the idea that would allow two different pictures be viewed on the
same TV screen at the same time. The technology required to do this was a
device that Greg had developed plus some changes in the “tuners” in the TV unit
itself. This new invention was known as “N-TRAscreen” picture-in-picture for your
television.
1982 – Picture-in-Picture Drawing
Based on this, Greg decided to manufacture the unit that would be attached to the
TV and build these units for the major TV manufacturers. Greg went first to
Toshiba who expressed a strong interest in the idea but could not sell consumer
products in the USA because of some previous conflicts with the United States government.
Toshiba recommended that one of its strategic partnered companies who was a major
player in the TV manufacturing business at that time.
This company sent a delegation to Amarillo, where Greg lived,
and were very interested in the idea but did not know how to integrate it into existing
TV sets. Greg showed them how! They left with a complete set of working
drawings, all the electrical schematics plus a working model of the device.
Greg Dockery was still very young but he was getting smarter in the ways of some
of Americas leading electronics giants. It was at this point that he began
the practice of inserting a part in each prototype that had absolutely nothing to
do with the actual functioning of the product. Such a part was in the unit
he gave to this well-known company.
Approximately sixty days later, a friend sent Greg a brochure announcing the coming availability
of a TV set with a “picture on picture” feature. Greg immediately called his
contact with the company and asked point blank if the prototype he had furnished
them was involved in any way with this new announcement. He was assured that
it was not.
As soon as the new TV sets were available, Greg ordered one and took it apart.
Sure enough, there was the device he had given to the company including the part
that had nothing to do with the functioning of the unit! Once again, a
young inventor had been victimized.
So where are we today?
Greg was young and inexperienced. He had no money to fight two industrial
giants. Millions of dollars have been made from Caller ID and Picture in Picture
for television but Greg Dockery received none of it. This was a blow that
would have totally defeated most people, but not Greg. Today he owns several
patents and well over 200 products have been created as a result of this patented
technology. These products, plus the future proceeds of Greg’s creative genius,
are exclusively available from Xedia Technologies. Those of us who are fortunate
enough to have discovered Xedia and have joined the team are, without question,
at the right place at the right time with the right people and the right company.
Let’s be thankful for the fighting spirit of Greg Dockery. We owe this man
our loyalty and our best creative effort to build a great company . TOGETHER
WE CAN DO IT!