Invent-Tech takes another positive step toward potential licensing of beverage accessory…

August 30th, 2006

Good afternoon, Juan C. Blanco, Invent-Tech’s Director of Product Licensing, checking in with a Wednesday afternoon update. With Tropical Storm Ernesto thankfully turning out to be rather punchless, it allowed us to get back into the office by midday today to resume normal operations.

The Manufacturer Response Team hit the ground running with a previously scheduled conference call with the manufacturer that is very interested in potentially licensing a beverage accessory from the Invent-Tech roster, a situation that we reported on most recently in an August 24th entry (”Invent-Tech inches closer to potential licensing of beverage accessory…“). The call today was between the Manufacturer Response Team representative who has been managing the interest from this company, the manufacturer representative, and one of the artists from our Visual Design Department. Today’s call not only focused on the company’s continued interest in the product, but also on their various ideas for a design for the packaging of the item. In our ongoing quest to assist in whatever ways are possible to help products get licensed, the artist from our Visual Design Department will be producing some sample artwork for the manufacturer to consider for the packaging.

It is important to note that this request for assistance came directly from the manufacturer, and it is a very good example of Invent-Tech’s willingness and dedication to attempt to help all the inventions on our roster reach the ultimate goal of a licensing agreement.

Today’s conversation also included an update from the manufacturer’s representative on their progress toward making a final decision on the invention. They are now at the stage where they are apparently putting final touches on the tooling for the product in their overseas factory.

We hope to soon be able to report that this has all culminated in the signing of yet another licensing agreement. Stay tuned to the Invent-Tech Network for updates!

Entry Filed under: Licensing News, Invent-Tech News