Update: Innovation Direct™ sends follow-up letter and second copy of non-disclosure agreement regarding tool invention to Illinois-based company…

Hello, Juan C. Blanco, Innovation Direct™’s Director of Product Licensing, checking in another Friday update. Earlier Friday, Innovation Direct™ sent a follow-up letter and second copy of a non-disclosure agreement to an Illinois-based tool products manufacturer that had recently requested more information on an Innovation Direct™ inventor’s product idea. We had initially reported on this situation in a July 28th entry (“Innovation Direct™ inventor’s tool item sparks initial interest from Illinois-based company…“).

As we’d explained in that posting, the company had requested more details on the invention after having received and reviewed preliminary, non-confidential information on the concept. As customary, the Innovation Direct™ representative managing the situation had sent the manufacturer a non-disclosure agreement for signature, in order to be able to eventually grant them access to all of the detailed design information available on the idea. With a month having passed without the signed guarantee of confidentiality having been returned, the follow-up became a necessity.

We are certainly still hopeful of being able to work with this company further in regards to the invention. Check back often with the Innovation Direct™ Blog for the latest on this situation!


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