Update: Innovation Direct™ receives feedback from Prime Line Products, Inc. regarding Innovation Direct To Industry™ package…
Hello, Juan C. Blanco, Innovation Direct™’s Director of Product Licensing, checking in with a follow-up on a situation we last reported about just yesterday. Earlier Thursday, the Innovation Direct™ representative managing the Innovation Direct To Industry™ account of National Hardware Show 2009 exhibitor Prime Line Products, Inc. received a reply to his follow-up e-mail regarding the company’s impressions of our non-disclosure agreement. As we’d explained previously, the company had requested we send them our confidentiality agreement for review on August 31st (http://innovationdirectonline.com/blog/?p=1215).
As per the communication received Thursday, the company will not sign a non-disclosure agreement for any of the concepts in their initial batch as they did not feel that any of them sounded like a good fit for their existing product lines. The manufacturer went on to explain that they were hesitant to seriously consider any invention that was not protected by a patent or patent pending application, due to the risk involved.
We will certainly continue to search out potentially relevant inventions in our database that also possess the level of intellectual property protection Prime Line wishes to see, and will send them information regarding these concepts accordingly. Join us on the Innovation Direct™ Blog for any and all future updates with respect to this company!