MONROEVILLE, Pa., July 20, 2010 — InventionHome today introduced the North American Product Innovation Network (SM), a first of its kind gateway for providing inventors easy access to North American companies seeking innovative products and inventions available for wholesale, license or acquisition. North American Product Innovation NetworkSM also provides companies across North America with a centralized source for finding innovative products within the United States and beyond. “Our goal is to create a single point of entry, or gateway, into every North American company interested in product innovation” said Russell Williams, President of InventionHome. “We have created the network and system for sharing and submitting new products and inventions with companies in a more efficient and effective way than ever before.”
MONROEVILLE, Pa., June 29, 2010 — North American Product Innovation NetworkSM consists of thousands of companies seeking innovative products available for wholesale, license or acquisition as well as the system for submitting innovative products and inventions to those companies. These companies include manufacturers, distributors, DRTV / infomercial companies and retailers that have registered with InventionHome or its affiliate MatchProduct.com to receive new invention opportunities. The system for submitting and sharing innovative products and inventions includes targeted product alerts, online search functionality, and/or an electronic submission management system for automating the overall submission process for companies. North American Product Innovation NetworkSM also consists of an indirect “partner network” for sharing new inventions with companies that are not directly registered with InventionHome or its affiliate MatchProduct.com. This partner network consists of a growing list of prominent product associations and tradeshows who will be utilizing an integrated search portal on their websites to enable site visitors to search the InventionHome and MatchProduct.com databases for non-confidential invention opportunities. These organizations currently include the National Hardware Show (produced by Reed Exhibitions), International Housewares Association (IHA), National Retail Hardware Association (NRHA) and Response Magazine / Direct Response Manufacturers Association (DRMA). The search portal enables these organizations to offer their members quick and easy access to new products and inventions directly from their websites, thus enhancing their member benefits while expanding the network reach to thousands of additional companies using their websites.