Update: Innovation Direct™ receives response from New Jersey-based ASI Show Chicago 2008 lead; non-disclosure agreement for medical accessory to be returned soon…

Hello, Juan C. Blanco, Innovation Direct™’s Director of Product Licensing, checking in with an update regarding New Jersey-based Inventures, LLC, a company that we had met at the recent ASI Show Chicago last month. We had initially reported on this company within one of our July 24th entries (“Innovation Direct™ enjoys fast start to Day 2 of ASI Show Chicago 2008…“).

As we’d explained in that posting, the company had expressed an interest in receiving new product idea information from Innovation Direct™ on a regular basis. At the time that we had sent the company a follow-up e-mail shortly after the show’s conclusion, we had also included preliminary, non-confidential information and a non-disclosure agreement for a personal medical accessory from the Innovation Direct™ roster that we thought would potentially fit well with their product lines and would be a good starting point for the relationship between the two companies.

We had not received a response to that communication until earlier Wednesday, when the Director of Operations and co-owner of the company explained that they had been overwhelmed with follow-ups stemming from their activities at the show, but that they would be returning the signed non-disclosure agreement shortly.

Naturally, we are pleased with this development and will also be working on putting the company’s initial Innovation Direct To Industry™ package together shortly. Join us here on the Innovation Direct™ Blog for any and all future updates to this situation.