Update: Innovation Direct™ communicates with inventor of lawn and garden accessory regarding interested manufacturer’s questions; response relayed to company…
Hello, Juan C. Blanco, Innovation Direct™’s Director of Product Licensing, checking in with an update on a situation we’d just reported about yesterday (“Update: Innovation Direct™ receives feedback from Around The Home regarding 3 inventions; 1 item of potential further interest, inventor to be contacted…“). Earlier Thursday, the Innovation Direct™ representative managing the Innovation Direct To Industry™ account of Ohio-based Around The Home contacted the inventor of a lawn and garden accessory that the company has taken an advanced level of interest in regarding questions they had about its patent and prototype status.
As per the information gleaned during today’s conversation, the inventor does not have any type of patent pending or granted patent on the concept, nor does he have a working prototype. This information has already been relayed back to the Around The Home representative via e-mail. Additionally, an exclusive developmental licensing agreement was also proposed and sent along to the manufacturer, as our aforementioned colleague felt that the company would perhaps find the prospect a period of exclusivity under which to perform further due diligence on the product idea a welcome option at this point in time.
We are hopeful that matters will continue to progress in positive fashion regarding Around The Home’s interest in this product, but only time will tell. Join us on the Innovation Direct™ Blog for lowdown on the latest developments!