Innovation Direct™ sends follow-up e-mail to North Carolina-based licensee of two inventions from roster…
Hello, Juan C. Blanco, Innovation Direct™’s Director of Product Licensing, checking in with an update on two previously licensed inventions from our roster. The Innovation Direct™ representative that has managed the advanced level of interest from a North Carolina-based manufacturer and marketer in both product ideas since the onset sent a follow-up e-mail to his contact at the firm recently requesting an update on the progress of the items.
The company had taken an initial interest in the concepts after having reviewed information on a larger group of innovations that both were a part of. After having signed the requisite non-disclosure agreement, they were provided access to all of the detailed design information available for each of the inventions, which included a digital rendition , detailed product description, and 3-D virtual reality rendering. After evaluating this material, the company opted to execute exclusive developmental licensing agreements for the items, believing each to offer sufficient potential to warrant their further due diligence.
With several months having passed since the licensee executed the agreements on the hardware and home improvement accessories, our aforementioned colleague felt it would be prudent to attempt to obtain an update at this point. We will keep you abreast of any response we do receive, here on the Innovation Direct™ Blog. Check in often!