Manufacturer’s positive experience leads to 2nd licensing agreement with Invent-Tech clients

July 5th, 2006

Invent-Tech is pleased to announce that Invent-Tech client, Samaleulu V. of Hawaii has reached a licensing agreement for his invention, the Rear View Mirror, with a manufacturer of a diverse range of consumer goods.  This is the second agreement between an Invent-Tech client and this manufacturer, demonstrating that positive licensing experiences can lead to future opportunities.

After subscribing to Innovation Direct™, the manufacturer learned that Invent-Tech is an amazing source of innovation for manufacturers looking to augment or expand their product lines.  A second licensing agreement with this company represents their vote of confidence in the professionalism and value of Invent-Tech’s services.

The Rear View Mirror is a breakthrough new automotive safety product that allows drivers to change lanes much more safely than ever before.  This innovative design will significantly reduce accidents due to blind spots and make driving an overall less stressful experience.

Easy to use and install, the Rear View Mirror is sure to be well-received by drivers worldwide.  It can be made available through numerous outlets for automotive safety products, indicating widespread potential for this invention in the marketplace.

Samaleulu initially contracted with Invent-Tech in January 2006.  He achieved a potentially lucrative multi-year licensing agreement for the Rear View Mirror relatively quickly in June 2006, including a competitive royalty rate compared to current rates being paid in the industry.

Additional information about the Rear View Mirror or any of our other licensed products may be obtained by contacting Invent-Tech® at (800) 940-9020, extension 2280 or at mrt@invent-tech.com.

Entry Filed under: Licensing News