Update: Innovation Direct™ receives prompt feedback from Texas-based Innovation Direct To Industry™ company on inventions, non-disclosure agreement…
Good afternoon, Juan C. Blanco, Innovation Direct™’s Director of Product Licensing, checking back in once again for what is rapidly becoming a busy and fruitful Tuesday. Late this morning, the Innovation Direct™ representative managing the Innovation Direct To Industry™ account of a Texas-based plumbing products company received an e-mail from the firm’s Director of Strategic Initiatives that included modifications to our non-disclosure agreement that were suggested by his company’s legal department, and a request from him to review detailed design information on 3 out of the 7 product ideas that were included in the initial batch of concepts. We had most recently reported on this company and their request to review our version of a non-disclosure agreement in a posting yesterday (“Update: International Technology Transfer receives prompt response from newest Innovation Direct To Industry™ company; copy of NDA requested and sent…“).
After reviewing the requested changes, which were minor and acceptable, the Innovation Direct™ representative managing the situation customized a version of the non-disclosure agreement that encompassed the three concepts the manufacturer had specified as being of further interest, and e-mailed the document to his contact. As soon as the agreement is received in return with a signature, we will provide the company access to all of the detailed design information available for each product idea.
We will continue to provide you with updates to what appears to be rapidly evolving business relationship. Check back in to this space often!