Update: Innovation Direct™ receives signed non-disclosure agreement for 5 inventions from Northern Response International Limited; issue taken with modification from manufacturer, matter pending…
Good evening, Juan C. Blanco, Innovation Direct™’s Director of Product Licensing, chiming in with an update on Canadian infomerical giant Northern Response International Limited. Earlier Wednesday, the Innovation Direct™ representative managing the company’s Innovation Direct To Industry™ account received the signed non-disclosure agreement for the 5 inventions that they had selected from their first Innovation Direct To Industry™ package as being of further interest. We had most recently reported on this company in a May 21st posting (“Update: Innovation Direct™ sends follow-up e-mail to Northern Response International Limited regarding pending NDA; document expected to be returned early next week…“).
However, a modification apparently made by Northern Response’s legal department will temporarily put a halt to our usual process of being able to disseminate access to the detailed design information on the product ideas encompassed by the NDA. A clause that is significantly important to the confidentiality agreement had been struck altogether by the company, an action that our aforementioned colleague countered by rewording the clause to eliminate some of the concerns the company had about it and resending it.
Our colleague’s contact at Northern Response shortly therafter by letting him know that he was passing along the information to his legal department, from which he expected an answer shortly. Naturally, we will continue to provide any and all updates regarding this situation, here on the Innovation Direct™ Blog. Check in often!
