Update: Invent-Tech experiences intensive Innovation Direct™ week…

Hello, Juan C. Blanco, Invent-Tech’s Director of Product Licensing, checking in with our weekly update. The week of February 25th- February 29th focused heavily on our licensing affiliate ITT’s Innovation Direct™ program, as several packages of Invent-Tech inventor ideas were prepared and sent to companies that are part of the service.

To begin with, we received word back from the Kentucky-based company that has just recently joined the program, and about which we last reported on February 20th (”Update: Newest Innovation Direct™ company showing further interest in 4 Invent-Tech inventor product ideas from initial package…“). As we’d mentioned in that posting, the company had opted to sign a non-disclosure agreement on 4 inventions from their initial Innovation Direct™ package, and were set to review the detailed websites for each item. After doing so, they did inform us that none of the inventions would fit their product lines and manufacturing capabilities at this point, but also emphasized that they wanted to see a new group of concepts as soon as possible. Accordingly, a batch of preliminary, non-confidential information on 12 more lawn and garden items from the Invent-Tech database was sent to our contact late last week, and we now eagerly await his feedback.

A second company that received information on new product ideas from Invent-Tech last week was the Michigan-based firm that we had most recently reported on in a November 9th entry (”Update: Michigan-based Innovation Direct™ company declines further interest in Invent-Tech inventor bathroom accessory…“). Preliminary, non-confidential information on 12 inventions in the household and bathroom categories were sent by ITT to our contact at this company, and we expect to receive his impressions on which are of more interest soon.

The Oklahoma-based company that is the exclusive U.S.-based licensee of one of the world’s leading electronic brands, and that we had most recently reported on in a December 14th entry (”Update: Oklahoma-based Innovation Direct™ company expresses advanced level of interest in Invent-Tech inventor electrical accessory…“), was the third manufacturer to have Invent-Tech inventor innovations conveniently delivered to them last week. The company, which is still deliberating the merits of a home electrical accessory from their last Innovation Direct™ package, received preliminary, non-confidential details on 7 computer accessories. As with the two companies mentioned earlier in this entry, we expect to receive some feedback during this first week of March.

Join us next Monday as we give you the lowdown on what will surely be a terrific week!

Add comment March 3rd, 2008