(1888PressRelease)
July 02, 2008 - ITT Licensing™, a South Florida-based leader in product licensing for over a decade, has welcomed the latest member company of its Innovation Direct™ program with a package consisting of preliminary, non-confidential information on 20 inventions from its roster. The recipient is a Texas-based company that specializes in the marketing and distribution of products through television infomercials.
Innovation Direct is ITT Licensing™'s dynamic new product idea information subscription service for manufacturers, marketers, and distributors.
The company's introduction to the Innovation Direct™ program was facilitated through its recent interest in a household invention from the ITT Licensing™ roster. Within the framework of discussing that product with ITT Licensing™ representatives, the company was informed about the Innovation Direct™ program and the potential benefit it could serve to their product lines. The company representative was receptive to becoming a part of the program and receiving information on new concepts from the ITT Licensing™ roster in the household, fitness, and pet categories, among others.
ITT Licensing™ now awaits the company contact's feedback on the 20 inventions, and will proceed to develop a non-disclosure agreement that encompasses the items that are of further interest from the group once that information is conveyed. Once a guarantee of confidentiality is in place, ITT Licensing™ will provide the company access to all of the detailed design information available for each of the inventions covered by the agreement.
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.
