Update: Innovation Direct™ receives update from West Coast-based industry partner regarding advanced level of interest in pool accessory…

Hello, Juan C. Blanco, Innovation Direct’s Director of Product Licensing, chiming in one final time with a report for a very busy Wednesday. Late Wednesday afternoon, the Innovation Direct™ representative managing the Innovation Direct To Industry™ account of our West Coast-based industry partner received an e-mail update from him regarding the advanced level of interest being displayed in a pool accessory from our roster by a Canadian manufacturer. We had most recently reported on this situation in a February 25th posting (“Update: Innovation Direct™ receives confirmation from industry partner of continuing advanced level of interest in pool accessory; potential licensee completing due diligence…“).

As with our industry colleague’s last report on this matter, the update came in the form of a forward of an e-mail exchange he’d had earlier in the day with his contact at the aforementioned company. The manufacturer representative’s correspondence confirmed that the company had made a decision to essentially move forward with the invention and make it a part of their product lines for next year. However, the one remaining task that must be completed before that point, as per the correspondence, is for one of the company’s graphic designers to complete a professional rendering so that they can get manufacturing quotes on the product. Assuming those come back favorably, the manufacturer appears to be prepared to make a commitment to licensing the invention.

We will continue to update you as warranted on this developing situation, here on the Innovation Direct™ Blog. Stay with us!

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