ITT Licensing™ Receives Advanced Level of Interest from Dynamic United Kingdom-based Company on 4 Inventions
Miami, FL, April 09, 2008 --(
PR.com)-- ITT Licensing™, a South Florida-based leader in product licensing for over a decade, has received feedback from a dynamic United Kingdom-based company regarding the initial group of inventions they reviewed through the Innovation Direct™ program. The company has indicated an advanced level of interest in 4 out of the 8 inventions they received preliminary, non-confidential information about in their first Innovation Direct™ package.
Innovation Direct™ is a dynamic new product idea information delivery system targeted to manufacturers and marketers that provides them information on ITT Licensing™ client inventions targeted to their preferences in one convenient e-mail communication.
The company, which boasts operations in over 60 countries along with sales in over 180 according to its official website, manufactures and distributes products in 5 core categories: Health and Personal Care, Fabric Care, Surface Care, Dishwashing, and Home Care. According to their official website, 75% of their sales come from brands that occupy the top 2 positions in their market and they estimate that over 9 million of their products are sold daily on a worldwide basis. Moreover, 40% of the company’s sales come from products launched within the last 3 years, making them especially receptive to reviewing innovations from a variety of sources.
A non-disclosure agreement encompassing the 4 designated inventions has already been executed by a company official and an ITT Licensing™ representative, and access to detailed design information on each of the items has therefore been furnished to the company contact. ITT Licensing™ now awaits further feedback from the manufacturer after they complete their evaluation of the detailed material on each product concept.
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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