Invent-Tech receives a host of good news on two previously licensed product ideas…

January 18th, 2007

Good evening, Juan C. Blanco, Invent-Tech’s Director of Product Licensing, checking in with a Thursday update. Good news on previously licensed Invent-Tech inventor products seemed to be the order of the day today. 

To begin with, we received written feedback via e-mail from the inventor of the Batting Buddy, a sports accessory that we assisted in licensing in August 2006 and that we most recently had reported on back in a January 4th entry (”Invent-Tech receives professional prototype of previously licensed product…“). As we’d mentioned in that post, we were going to be shipping the prototype sample the licensee had recently sent us to the inventor for his review. After having received the unit, the inventor apparently took the prototype out to a local park in his area and allowed several kids to actually test the baseball-related instructional accessory with terrific results. We have communicated this feedback to the licensee, who is pleased but is still searching for possible alternative materials to make the finished product from in order to reduce the per unit cost for ongoing manufacturing. As this situation continues to develop, we will keep you posted on it here on the Invent-Tech Network.

Additionally, we also spoke today to the licensee of the DotComs, the snack food accessory that we have reported on in this space numerous times, most recently on October 25th (”Previously licensed Invent-Tech product selling in Wal-Mart and Kroger food stores…“). As we detailed in that momentous posting, the product was already selling in some Wal-Mart stores in Illinois, as well as many Krogers locations throughout several states. According to the latest information from the licensee, they have now expanded the product’s presence to additional Krogers locations, as well as two major gas station chains, Citgo and Hess. We have also been informed that there are ongoing negotiations with another major retail conglomerate to begin carrying the product in select locations on a regional basis.

Needless to say, we are very pleased with the progress that this previously licensed product is making towards commercial success, and will continue to keep tabs on further developments with it here on the Invent-Tech Network.

Join us tomorrow as we wrap up a great week!

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