Update: Innovation Direct™ receives communication from Innovation Direct To Industry™ company Full Circle Home; requested information already provided…

Hello, Juan C. Blanco, Innovation Direct™’s Director of Product Licensing, checking in with our latest Innovation Direct To Industry™-related update. Earlier Wednesday, the Innovation Direct™ representative managing the Innovation Direct To Industry™ account of New Jersey-based Full Circle Home, one of the companies that had exhibited at the 2009 International Home and Housewares Show and had responded to our post-event Innovation Direct To Industry™ e-mail recruitment campaign, received a brief communication from this contact at the company. This was the first reply we’d received to multiple requests for updates, the last of which had been made on May 7th (“Update: Innovation Direct™ attempts 2nd follow-up with International Home and Housewares Show 2009 exhibitor Full Circle Home regarding Innovation Direct To Industry™ package…“).

Today’s correspondence consisted of a singular inquiry from the Full Circle Home representative. The gentleman wanted an overview of Innovation Direct™’s royalty philosophy and structure. Accordingly, our aforementioned colleague responded to his contact via e-mail by providing him with a complete summary of our company’s licensing agreement structure and typical terms. He also reminded the manufacturer representative that we were still awaiting their feedback on the 12 inventions sent to them in their initial Innovation Direct To Industry™ package.

We are hopeful of receiving a reply from this company soon and will alert you when we do, here on the Innovation Direct™ Blog. Join us often!