Update: Innovation Direct™ company displaying further interest in 11 product ideas agrees to confidentiality; detailed design information sent this afternoon…

May 24th, 2007

Good afternoon, Juan C. Blanco, Invent-Tech’s Director of Product Licensing, back with another update. The company that we had most recently reported on just yesterday (”Update: Innovation Direct™ company displays interest in 11 out of 12 product ideas sent by Invent-Tech…“) has signed their version of a Mutual Non-Disclosure Agreement for 11 inventions from their intial Innovation Direct™  package that they had an interest in learning more about. Consequently, we have provided them access to all of the design details on each item this afternoon.

With the fast pace at which this company’s Director of Merchandising has interacted with us so far since the conclusion of the National Hardware Show 2007, we are hopeful of receiving prompt feedback on which product ideas from this group will be of potential licensing interest to them.  As customary, the readers of the Invent-Tech Network will be the first to know when something develops further with this situation.

Check back often for the latest!

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