Licensee could not pass on invention presented through Invent-Tech’s Innovation Direct service
July 25th, 2006
Invent-Tech is happy to announce that agreeable licensing terms have between reached between Jeffrey K. of Michigan, inventor of the Interior Vehicle Window Cleaner, and a consumer goods company. After receiving the preliminary product information through a regular Innovation Direct™ update, the licensee immediately recognized this product’s appeal to consumers and could not pass up the opportunity to be involved in its development.
The product is an automotive cleaning accessory that allows the user to effectively wipe interior windows of a car or truck with little or no strain. Window cleanliness is imperative to visibility and safety on the roadways. In order to aid vehicle owners to achieve clean windows, the Interior Vehicle Window Cleaner offers incredible convenience with its unique design, which is not only cost affordable but extends to areas in a vehicle that are hard to reach. There is simply nothing like it.
The terms of their potentially lucrative multi-year agreement include a competitive royalty rate compared to current rates being paid in the industry. We wish the inventor and licensee an exciting and successful journey to the marketplace.
Additional information about the Interior Vehicle Window Cleaner 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
Leave a Comment
Some HTML allowed:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>
Trackback this post | Subscribe to the comments via RSS Feed