Update: Innovation Direct™ sends executed NDA to ITW Space Bag; fully signed copy will initiate creation of initial Innovation Direct To Industry™ package…
Greetings, Juan C. Blanco, Innovation Direct™’s Director of Product Licensing, back in with another update. Earlier Friday, the Innovation Direct™ representative that will manage the Innovation Direct To Industry™ account of California-based ITW Space Bag faxed back a signed copy of the company’s version of an NDA that will serve as a permanent agreement of confidentiality between our companies to his contact. This process had been discussed and agreed upon during the introductory call our colleague had with Space Bag’s representative on July 23rd (http://innovationdirectonline.com/blog/?p=1084).
Once the company contact returns a fully executed copy of the agreement, our colleague will begin preparations on Space Bag’s initial Innovation Direct To Industry™ package. With the NDA in place, he will be able to immediately provide Space Bag with access to the detailed design information on each invention he elects to send them.
Check in with us on the Innovation Direct™ Blog for the latest updates regarding this situation!