Innovation Direct™ inventor’s personal emergency accessory subject of interest and signed non-disclosure agreement from Georgia-based manufacturer…
Good afternoon, Juan C. Blanco, Innovation Direct™’s Director of Product Licensing, checking in with a report on the latest Innovation Direct™ inventor product idea to receive interest from a manufacturer. On this occasion, the invention is a personal emergency accessory designed specifically for use in water and the manufacturer displaying interest is a Georgia-based company with product lines in the water sports category.
Interest was initiated when the company received preliminary, non-confidential information on the invention in July. The manufacturer then sent an e-mail communication to Innovation Direct™ requesting more details on the product. In response, the Innovation Direct™ representative managing this situation sent the designated contact at the company a non-disclosure agreement for signature, as per our normal procedure. That guarantee of confidentiality was received in return with a signature from the company’s Director of Research and Development earlier Tuesday, allowing the aforementioned Innovation Direct™ representative to send him access to all of the detailed design information available on the invention.
We now await this company’s feedback on the material reviewed and certainly are hoping for licensing success with this item. Join us here on the Innovation Direct™ Blog as it happens!