(1888PressRelease)
July 10, 2008 - ITT Licensing™, a South Florida-based leader in product licensing for over a decade, has sent a package of preliminary, non-confidential information on 10 product ideas from its roster to a Michigan-based manufacturer that initially joined their Innovation Direct™ program in August 2007. Innovation Direct™ is ITT Licensing™'s dynamic new product idea information subscription service for manufacturers, marketers, and distributors.
According to its official website, the manufacturer has been in business for over 40 years and has a variety of trusted brands that have are well established and recognized in the consumer market. At the present time, the company has successful product lines in the home and bath markets, including a disposable toothbrush category.
During their time in ITT Licensing™'s Innovation Direct™ program, the company has now been sent information on over 40 ITT Licensing™ inventor product ideas for consideration. Once they had the opportunity to review the present group of concepts and designate which ones will be of further interest, ITT Licensing™ representatives will compose a non-disclosure agreement that will encompass those specified inventions.
Eventually, ITT Licensing™ will attempt to successfully negotiate licensing agreements for any inventions that are the subjects of an advanced level of interest from the manufacturer.
About ITT Licensing™: ITT Licensing™ is the trade name for International Technology Transfer, Inc., a South Florida based leader in the field of new product licensing and intellectual property transfer for more than a decade.
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