Innovation Direct™ program continues to serve as integral vehicle of exposure for Invent-Tech inventor product ideas…

Hello, Juan C. Blanco, ITT’s Director of Product Licensing, checking in with an update regarding the latest happenings with the Innovation Direct program and the Invent-Tech inventor product ideas that benefit from it. The last couple of weeks have been particularly eventful in terms of a considerable number of inventions being sent to various companies through the program.

To begin with, earlier in June, a Texas-based infomercial company that has had numerous television successes throughout the past decade agreed to join Innovation Direct™, and ITT Licensing™ representatives had committed to getting them a package of inventions in multiple categories to review as soon as possible.

Accordingly, the ITT Licensing™ representative managing their Innovation Direct™ account put together preliminary, non-confidential information on 20 Invent-Tech inventor product ideas, spanning the household, fitness, and lawn and garden categories. That information was sent via e-mail to our contact at the company, and the very next business day, the contact at the manufacturer had already responded and alerted us to the fact that they had an interest in acquiring more information about 3 of the items from the group. After signing the prerequisite non-disclosure agreement, access to all of the detailed design information available on each invention was sent, and we now await the company’s feedback on their review of that material.

A second case is that of a Massachusetts-based hardware products company that had become a part of the Innovation Direct™ program back in late February, and that was sent preliminary, non-confidential information on 12 Invent-Tech inventor product ideas recently. The manufacturer, which has been in business for 128 years and consequently is one of the most respected names in the hardware industry, has already reviewed one previous Innovation Direct™ package but did not have any further interest in those items. We are certainly hopeful that there will be a different result on this occasion and will bring you the details of any developments here on the Invent-Tech Network.

Finally, the Oklahoma-based company that we have reported on numerous times over the past year here on the Invent-Tech Network, and that is the exclusive U.S.-based licensee of a globally-renowned electronics brand, was recently sent a package of preliminary, non-confidential information on 10 Invent-Tech inventor product concepts. The manufacturer, which actively seeks products in the home security, computer accessories, consumer electronics, and home automation categories, had previously reviewed varied pieces of information on 56 Invent-Tech inventor ideas in the past 11 months through the Innovation Direct™ program.

Join us in the coming weeks for more updates!

Add comment June 24th, 2008