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Good evening, Juan C. Blanco, Invent-Tech’s Director of Product Licensing, checking in with an update to kick off the week. We have received word of some advanced interest in a hunting accessory from the Invent-Tech roster, and also welcomed back our Manufacturer Response Team staff from SHOT Show 2007 today.
The manufacturer expressing an interest in the hunting accessory originally contacted Invent-Tech several weeks ago after receiving the preliminary, non-confidential information on the invention in one of our Manufacturer Contact Kits. After agreeing to the terms of our non-disclosure agreement, the manufacturer was sent a package of detailed design information on the idea. We now have indication that they plan to evaluate the potential of this product further for the immediate future, in order to reach a decision on whether they will eventually enter into a licensing agreement on the product. As customary, we will bring you news of any positive developments with this situation, here on the Invent-Tech Network.
Also today, we welcomed back our Manufacturer Response Team contingent that attended the spectacular 2007 edition of the SHOT Show. This week will mark the beginning of our follow-up process with the companies encountered at the event, which were numerous. Later this week, we also expect to have a full array of photos from the show on our website, www.invent-tech.com.
Join us tomorrow for the latest!
January 15th, 2007
Following up on an entry we posted April 6th (”Invent-Tech Receives Exciting News on Previously Licensed Product”), we received two finished product samples of the Rock and Mulch Guard from the manufacturer that recently licensed it. There is still one more prototype to be completed from what the licensee has informed us, but they already have 2 of the 3 sizes of the product prepared, and they wanted us to have a look at their work so far.
The samples look very professional and it appears that the product is on its way to being introduced to consumers in the near future, although that ultimately depends on a variety of factors related to the licensee.
We will keep you posted on the progress of any previously licensed products as it becomes known to us. Stay tuned!
May 3rd, 2006
Juan C. Blanco, Invent-Tech’s Director of Product Licensing, checking in with a quick weekend update.
This weekend we are working on securing all of the necessary ancillary services and accessories for our exhibit at the Licensing Show in June. Typically, Invent-Tech begins to focus on certain aspects of a show, such as reserving the exhibit space and selecting a booth location, many months ahead of time. As the event draws closer, usually about two months out, we focus on the on-site services that are necessary for Invent-Tech to have an effective trade show experience.
Components that must be reserved include the carpeting that adorns the floor of the booth, the counter that serves as our display table, the electrical outlets that we will need, a lead retrieval machine, and a time slot with the show photographer.
All of these things are certainly important, and a particular few are crucial to Invent-Tech maximizing its presence and putting its best foot forward at these very important exhibits. For example, we reserve electricity at the booth in order to be able to have our laptop computers, which house our entire database of client inventions, up and running at all times. We also run a continous loop of the Licensed Products DVD Sampler on our flat-screen monitor, which helps us demonstrate to potential clients and manufacturers alike some of the past successes that Invent-Tech has had a role in.
The lead retrieval device meanwhile, helps us to capture all of the pertinent information from leads that approach our booth. One could say that they basically generate an electronic business card, but they also provide much more of a detailed profile of the individual and the company they represent. The printouts and electronic record that we are able to take from these units help to greatly streamline and enhance our follow-up process after the event, and often include a written record of the product categories each company is involved with.
Finally, the show photographer assists Invent-Tech in providing current and prospective clients worldwide with a first-hand look at the many happenings from a typically eventful trade show exhibit. Many of you have of course been viewing these photos on our website, www.invent-tech.com, for many years, and have also seen them attached to the e-mails that we send out after a show has concluded. We have been proud of the photographic images we have been able to secure at trade shows, and have always aimed to give the many that are not able to attend the event a perspective on the activity at the Invent-Tech booth, as well as to provide a glimpse of which other noteworthy companies also exhibited.
As you can see, the length of the average trade show that Invent-Tech attends, which is usually 3 days, belies the degree of advance legwork necessary to make sure the experience unfolds as it should.
April 30th, 2006
Good afternoon, Juan C. Blanco, Invent-Tech’s Director of Product Licensing, checking in with the latest developments regarding Invent-Tech client products and their intellectual property filing status.
First, we received notification today that a trademark application has been officially filed in the U.S. Patent and Trademark Office for the Barb Buggy™. Bill C., a Tennessee resident, first contracted with Invent-Tech for inventor assistance services for the Barb Buggy™ in January of 2004. A company licensed the Barb Buggy™ trademark from the inventor in February 2006 in order to apply it to a new product of their own design, an agreement that Invent-Tech assisted in obtaining.
Additionally, we have also been notified that two previously licensed Invent-Tech client products have been granted utility patent pending status with the United States Patent and Trademark Office. The first, the Turf Sweep 60-DD, was first brought to Invent-Tech’s attention in July 2003 when inventor Dorsey D. of Pennsylvania contracted our firm for inventor assistance services. The product was subsequently licensed to a company in April 2005.
The second, the Tennis Pro Power Server, has also achieved utility patent pending status with the U.S. Patent and Trademark Office. Inventor James M., a Georgia resident, contracted with Invent-Tech for inventor assistance services in August 2004. A licensing agreement for the Tennis Pro Power Server was reached in August 2005.
As always, Invent-Tech congratulates these inventors in having successfully accomplished one of the many steps to potential success with their product idea!
April 28th, 2006
Good afternoon, Juan C. Blanco, Invent-Tech’s Director of Product Licensing, checking in with a brief licensing update. An invention that we had alluded to originally in this space back on March 29th has become the latest Invent-Tech product to be licensed! We received a fully executed copy of the agreement this morning via fax, and are awaiting original copies within the next few days. The inventor and the manufacturer actually came together in person to sign the document earlier today.
We will have much more information on this latest success in this space over the next 24-48 hours. Stay tuned!….
April 18th, 2006