Update: Innovation Direct™ receives communication from Sylmark regarding question about NDA; fully executed copy expected soon, searches begin for initial package…
Greetings, Juan C. Blanco, Innovation Direct™’s Director of Product Licensing, checking in with an update on a situation we had last reported on in a July 23rd posting (http://innovationdirectonline.com/blog/?p=1088). Earlier Tuesday, the Innovation Direct™ representative managing the Innovation Direct To Industry™ account of California-based infomercial giant Sylmark, Inc. received a reply from his contact at the firm confirming that they had received the copy of the non-disclosure agreement he had faxed back to them on the date of the aforementioned entry.
Additionally, the company representative confirmed that the confidentiality agreement would be executed on their end as soon as possible and sent back to our colleague via e-mail, and that it would serve as a “permanent” NDA between our companies. This will allow Innovation Direct™ to provide Sylmark with detailed design information right from the onset on any inventions that are preselected for them.
We will alert you as soon as we receive the fully executed copy of the NDA back from Sylmark, and subsequently send them their initial Innovation Direct To Industry™ package. Check back with us on the Innovation Direct™ Blog for the latest!