EAGLE INNOVATIONS, LLC
© An Industrial New Product Development & Marketing Company
PO Box #264, 97 Hemlock Lane, Elkins, NH 03233 T:(603) 526-6939, E-mail: eagle-innovations@tds.net
Dear Inventor, (Eagle Innovations has not been funded yet but is accepting new product
submissions in anticipation of funding.)
If no company is interested in your great invention, you’re not alone. Welcome to the club.
Eagle Innovations may be interested if it is industrial or commercial or a new tool product.
You may be interested in assigning or licensing it to us. Let us evaluate its potential, at no cost.
Patent Pending (or not yet): If the “Confidentiality Agreement” below is sufficient, I will mail you two
signed copies. Fill them out, sign and date them and mail one back. Then we can discuss your
invention freely. E-mail your ground mailing address and contact information. The following
paragraph applies to you also. eagle-innovations@tds.net
Patented: E-mail your name, contact options and the best time to call, if by phone. Include your
patent number. Also mail or e-mail detailed information about your product, including: stage of
development, market size, and advantages over similar products. Are models available? Include
pictures or sketches, or e-mail digital pictures. All will be returned. eagle-innovations@tds.net
After discussion with you, the product will be evaluated for its market potential at an attractive price.
Then its manufacturing cost will be estimated to see how much profit room there is. Manufacturing
start up costs (molds, fixtures, etc.) will be estimated as well. Then, if Eagle Innovations is
interested in licensing the product from you, we will work out an agreement. At no time will you be
asked to pay money.
Company Profile
Eagle Innovations’ mission is to design and/or commercialize new products that serve waiting market
needs in industry and commerce and the skilled trades.
David J. Dunning, President, is a Manufacturing Engineer with thirty three years of experience in
manufacturing management, marketing and sales. Achievements include: Founder/CEO of Ferrex
Corp. a twenty two employee contract machining and manufacturing company, Director of
Manufacturing of Centricut, LLC - a multi-million dollar plasma torch company, and Marketing
Manager of NIMCO - another large metalworking firm. He has also been a Sales Engineer, an
Industrial Marketing Consultant and past president of the NH Inventors Assoc (now defunct).
Eagle Innovations draws from a large skilled manufacturing network here in New England.
Also located here are an ad agency and a licensing firm which specialize in industrial products.
I look forward to hearing from you soon. An introductory phone call or e-mail would be a good way
to start.
Best regards,
David J. Dunning
President
___________________________________________________________________________________
CONFIDENTIALITY AGREEMENT
BETWEEN Eagle Innovations, a New Hampshire based LLC with headquarters in Elkins, NH
(hereinafter referred to as “EI”) represented by David J. Dunning, President and:
(Name) _________________________, residing in _________________, (State) ______
(hereinafter referred to as “Inventor”).
WITNESSES THAT:
WHEREAS, Inventor has a new product, with a US patent pending (or not yet), which could be
commercialized by assignment or license to EI, said new product is being disclosed to EI for
evaluation in confidence.
Said new product would serve the following market(s): ___________________________
________________________________________________________________________
________________________________________________________________________
By performing the following function(s), in broad terms without revealing how it would actually
work: ________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________.
NOW THEREFORE, in consideration of the mutual benefits derived from said discussions or
activities, the parties agree that any confidential information will be treated as follows:
A. EI will not furnish to any third party any information pertaining to said new product, except to
reliable technical associates whose input may be needed.
B. EI will not proceed beyond preliminary market research and preliminary product design analysis
and costing, without a subsequent agreement.
C. Any forwarded designs or information, written or electronically stored, and any product models
will be promptly returned to Inventor upon request, unless otherwise specified in a subsequent
agreement.
TERM: This agreement shall be in force for three (3) years from the date of signing.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as attested by their
personal signatures.
Inventor
Eagle Innovations, LLC (Print)
____________________________________________ ________________________________________
By: (sign) (date) By: (sign) (date)
PO Box 264 Address____________________________
Elkins, NH 03233 __________________________________
Tel: (603) 526-6939 Fax (603) 526-8690 Tel: _______________________________
Eagle-innovations@tds.net E-Mail:
___________________________________________________________________________________
TYPICAL PRODUCT DEVELOPMENT SCENARIO
Inventors and Eagle Innovations work together through the following sequence, beginning at the
inventor’s current stage. Contribution of efforts depends on what knowledge and skills the inventor
can provide, some functions being shared. Many inventors already have a patent, or one pending, by
the time they contact Eagle Innovations; that’s very good but not required. The following is a helpful
thought-provoking checklist at any stage.
1. NEED RECOGNITION – Is the function new, or how is it being done now? How much
would a company or person be willing to pay for something new or better to do it?
2. IDEAS for SOLUTIONS – List all conceivable ways of accomplishing the function.
3. MARKET RESEARCH – How big is the market? Are their segments? What products are
serving the market now? Costs? Product variations for different market segments?
4. PATENT SEARCH – What similar products have been patented? (Only 5% of patented
products reach the market; the other 95% must be searched out of the patent files.) What design
ideas could be legally taken and incorporated form existing patented drawings?
5. PRODUCT DESIGN – Steps 5, 6 & 7 may be done by either Eagle Innovations or the
Inventor, but preferable in a cooperative effort. (They may be done already). Usually, design
modifications are needed after testing. Steps 5, 6 & 7 go around in a loop until the design is
perfected and/or costs are optimized.
6. PROTOTYPING
7. TESTING
8. COSTING – is finalized by outside quotes but is continually being considered in the design
phase. Cost is influenced by alternative manufacturing methods and volume.
9. PRICING - is affected by the sales forecast but is greatly influenced by the planned marketing
channels. Is it better to sell fewer at higher prices or more at lower prices?
10. MARKETING - Licensing your invention to a big company who already makes similar
products may seem natural. It rarely happens though. The “not invented here” syndrome is like a
brick wall or a mote that keeps independent inventors out. Eagle Innovations is planning to market
products through trade catalogs and commercial retail stores. The launch will have to wait out this
recession though.
11. MANUFACTURING – Eagle Innovations will have product components made and/or
purchased outside and shipped in to its planned facility for assembly, testing, packaging and
shipping. Both catalog and web site orders will be processed there.
12. PATENT APPLICATION (if not begun already) - A lower cost Provisional Patent Application
allows 12 months to test-market the product, etc. By then the Final Patent Application must be filed.
Eagle Innovations can handle both.
13. WORKING TOGETHER – If Eagle Innovations decided to license your invention, you would
be offered 5% royalty (on the selling price). Eagle Innovations would incur all costs; you would not
be asked to pay for anything. We can start evaluating and working together now, but no contract
can be signed until the recession is over, 2011.
© An Industrial New Product Development & Marketing Company
PO Box #264, 97 Hemlock Lane, Elkins, NH 03233 T:(603) 526-6939, E-mail: eagle-innovations@tds.net
Dear Inventor, (Eagle Innovations has not been funded yet but is accepting new product
submissions in anticipation of funding.)
If no company is interested in your great invention, you’re not alone. Welcome to the club.
Eagle Innovations may be interested if it is industrial or commercial or a new tool product.
You may be interested in assigning or licensing it to us. Let us evaluate its potential, at no cost.
Patent Pending (or not yet): If the “Confidentiality Agreement” below is sufficient, I will mail you two
signed copies. Fill them out, sign and date them and mail one back. Then we can discuss your
invention freely. E-mail your ground mailing address and contact information. The following
paragraph applies to you also. eagle-innovations@tds.net
Patented: E-mail your name, contact options and the best time to call, if by phone. Include your
patent number. Also mail or e-mail detailed information about your product, including: stage of
development, market size, and advantages over similar products. Are models available? Include
pictures or sketches, or e-mail digital pictures. All will be returned. eagle-innovations@tds.net
After discussion with you, the product will be evaluated for its market potential at an attractive price.
Then its manufacturing cost will be estimated to see how much profit room there is. Manufacturing
start up costs (molds, fixtures, etc.) will be estimated as well. Then, if Eagle Innovations is
interested in licensing the product from you, we will work out an agreement. At no time will you be
asked to pay money.
Company Profile
Eagle Innovations’ mission is to design and/or commercialize new products that serve waiting market
needs in industry and commerce and the skilled trades.
David J. Dunning, President, is a Manufacturing Engineer with thirty three years of experience in
manufacturing management, marketing and sales. Achievements include: Founder/CEO of Ferrex
Corp. a twenty two employee contract machining and manufacturing company, Director of
Manufacturing of Centricut, LLC - a multi-million dollar plasma torch company, and Marketing
Manager of NIMCO - another large metalworking firm. He has also been a Sales Engineer, an
Industrial Marketing Consultant and past president of the NH Inventors Assoc (now defunct).
Eagle Innovations draws from a large skilled manufacturing network here in New England.
Also located here are an ad agency and a licensing firm which specialize in industrial products.
I look forward to hearing from you soon. An introductory phone call or e-mail would be a good way
to start.
Best regards,
David J. Dunning
President
___________________________________________________________________________________
CONFIDENTIALITY AGREEMENT
BETWEEN Eagle Innovations, a New Hampshire based LLC with headquarters in Elkins, NH
(hereinafter referred to as “EI”) represented by David J. Dunning, President and:
(Name) _________________________, residing in _________________, (State) ______
(hereinafter referred to as “Inventor”).
WITNESSES THAT:
WHEREAS, Inventor has a new product, with a US patent pending (or not yet), which could be
commercialized by assignment or license to EI, said new product is being disclosed to EI for
evaluation in confidence.
Said new product would serve the following market(s): ___________________________
________________________________________________________________________
________________________________________________________________________
By performing the following function(s), in broad terms without revealing how it would actually
work: ________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________.
NOW THEREFORE, in consideration of the mutual benefits derived from said discussions or
activities, the parties agree that any confidential information will be treated as follows:
A. EI will not furnish to any third party any information pertaining to said new product, except to
reliable technical associates whose input may be needed.
B. EI will not proceed beyond preliminary market research and preliminary product design analysis
and costing, without a subsequent agreement.
C. Any forwarded designs or information, written or electronically stored, and any product models
will be promptly returned to Inventor upon request, unless otherwise specified in a subsequent
agreement.
TERM: This agreement shall be in force for three (3) years from the date of signing.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as attested by their
personal signatures.
Inventor
Eagle Innovations, LLC (Print)
____________________________________________ ________________________________________
By: (sign) (date) By: (sign) (date)
PO Box 264 Address____________________________
Elkins, NH 03233 __________________________________
Tel: (603) 526-6939 Fax (603) 526-8690 Tel: _______________________________
Eagle-innovations@tds.net E-Mail:
___________________________________________________________________________________
TYPICAL PRODUCT DEVELOPMENT SCENARIO
Inventors and Eagle Innovations work together through the following sequence, beginning at the
inventor’s current stage. Contribution of efforts depends on what knowledge and skills the inventor
can provide, some functions being shared. Many inventors already have a patent, or one pending, by
the time they contact Eagle Innovations; that’s very good but not required. The following is a helpful
thought-provoking checklist at any stage.
1. NEED RECOGNITION – Is the function new, or how is it being done now? How much
would a company or person be willing to pay for something new or better to do it?
2. IDEAS for SOLUTIONS – List all conceivable ways of accomplishing the function.
3. MARKET RESEARCH – How big is the market? Are their segments? What products are
serving the market now? Costs? Product variations for different market segments?
4. PATENT SEARCH – What similar products have been patented? (Only 5% of patented
products reach the market; the other 95% must be searched out of the patent files.) What design
ideas could be legally taken and incorporated form existing patented drawings?
5. PRODUCT DESIGN – Steps 5, 6 & 7 may be done by either Eagle Innovations or the
Inventor, but preferable in a cooperative effort. (They may be done already). Usually, design
modifications are needed after testing. Steps 5, 6 & 7 go around in a loop until the design is
perfected and/or costs are optimized.
6. PROTOTYPING
7. TESTING
8. COSTING – is finalized by outside quotes but is continually being considered in the design
phase. Cost is influenced by alternative manufacturing methods and volume.
9. PRICING - is affected by the sales forecast but is greatly influenced by the planned marketing
channels. Is it better to sell fewer at higher prices or more at lower prices?
10. MARKETING - Licensing your invention to a big company who already makes similar
products may seem natural. It rarely happens though. The “not invented here” syndrome is like a
brick wall or a mote that keeps independent inventors out. Eagle Innovations is planning to market
products through trade catalogs and commercial retail stores. The launch will have to wait out this
recession though.
11. MANUFACTURING – Eagle Innovations will have product components made and/or
purchased outside and shipped in to its planned facility for assembly, testing, packaging and
shipping. Both catalog and web site orders will be processed there.
12. PATENT APPLICATION (if not begun already) - A lower cost Provisional Patent Application
allows 12 months to test-market the product, etc. By then the Final Patent Application must be filed.
Eagle Innovations can handle both.
13. WORKING TOGETHER – If Eagle Innovations decided to license your invention, you would
be offered 5% royalty (on the selling price). Eagle Innovations would incur all costs; you would not
be asked to pay for anything. We can start evaluating and working together now, but no contract
can be signed until the recession is over, 2011.
