International Technology Transfer, Inc.

Miami, FL, April 18, 2008 --(PR.com)-- ITT Licensing™, a South Florida-based leader in product licensing for over a decade, has sent specialized virtual reality presentations on 3 inventions that are already the subject of exclusive developmental agreements with a New York-based company that is part of their Innovation Direct™ program.

Innovation Direct™ is a dynamic new product idea subscription service for manufacturers, wherein ITT Licensing™ delivers information on new product ideas tailored specifically to a company's stated needs in one convenient e-mail communication.

ITT Licensing™ had received a request from their contact at the company for the virtual reality presentations to be put together in lieu of physical prototypes being available. In the past, these presentations have been effective in the company's evaluation of product concepts when there has not been a prototype available.

A meeting of the company's Invention Committee is slated to take place in late April, during which the long-term futures of the 3 items with this company will likely be decided. ITT Licensing™ will handle all product licensing negotiations for any of the inventions that the company designates as being a candidate for commercialization.

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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