Invent-Tech secures advanced level of interest in auto accessory on Tuesday; Innovation Direct™ continues to produce results for Invent-Tech clients…

August 9th, 2006

Good evening, Juan C. Blanco, Invent-Tech’s Director of Product Licensing, checking in with a Tuesday evening update. We are happy to report that our recent string of successes continued today with the securing of an advanced level of interest in writing on an auto accessory.

The interested manufacturer had recently received a detailed package of information on the product idea after signing a non-disclosure agreement. After taking some time to consider the design details of the invention, they opted to put their interest in writing and will spend the next several weeks evaluating several aspects surrounding it. We are certainly hopeful that this will eventually result in a licensing agreement, and will keep you posted on any developments right here in this space.

Additionally, we also received word back from our contact at a leading household products company regarding a recent Innovation Direct™ package they’d received from us. We had originally met this company at this year’s International Home and Housewares Show back in March, and had alluded to their visit to the Invent-Tech booth in a March 14th entry (”Two major household products companies approach the Invent-Tech booth as Day 3 kicks off…“) They had received preliminary information on 10 product ideas from the Invent-Tech roster in their latest Innovation Direct™ package, and opted to sign non-disclosure agreements for 3 of those inventions. After reviewing the detailed design information on each one, they let us know via e-mail today that they will be discussing two of them further with their engineers before making a final decision.

As always, we appear to have multiple potential licensing opportunities developing for our clients. Check back in to the Invent-Tech Network daily to be kept abreast of the latest!

Entry Filed under: Licensing News, Trade Show Buzz, The Invention Hub, Invent-Tech News