Update: Innovation Direct™ sends follow-up e-mail to Sylmark regarding 10 inventions under review…
Greetings, Juan C. Blanco, Innovation Direct™’s Director of Product Licensing, here with another update. Earlier Monday, the Innovation Direct™ representative managing the Innovation Direct To Industry™ account of California-based infomercial giant Sylmark sent a follow-up e-mail to his contact at the firm regarding the detailed design information they had received on 10 inventions from our roster in their initial package. We had just reported on this situation in a July 30th posting (http://innovationdirectonline.com/blog/?p=1111).
As we’d explained in that entry, Sylmark and Innovation Direct™ had executed a version of Sylmark’s NDA that is to serve as a permanent agreement of confidentiality between the two companies, and that will allow us to send Sylmark access to all of the detailed design information on a product idea from the moment it is selected to be sent to them.
We are hopeful of receiving a prompt and positive reply from the company, but only time will tell. Stay tuned to the Innovation Direct™ Blog to be kept abreast of any developments!