Update: Innovation Direct™ receives requested update from New Hampshire-based manufacturer regarding tool invention…
Hello, Juan C. Blanco, Innovation Direct™’s Director of Product Licensing, checking in with a quick update on a situation we had just reported on in an entry yesterday (“Update: Innovation Direct™ seeks update from New Hampshire-based manufacturer on tool invention that was subject of exclusive developmental licensing agreement…“). We are pleased to report that we have received a reply to our request for an update from a New Hampshire-based manufacturer that had signed an exclusive developmental licensing agreement for a tool invention from the Innovation Direct™ roster, and that still retains an interest in the item.
As per the e-mail communication received from the president of the company, he is on the verge of a licensing deal himself with a major hardware products company, a transaction that if successful, will allow him to proceed on several inventions he has a pending interest in, including our inventor’s. As always, the gentleman promised to continue to keep us posted on any developments.
We are optimistic about this bit of news and will continue to strive for licensing success for this invention. Check back to the Innovation Direct™ Blog on an ongoing basis for the latest!