Building ideas into products
     
 


Step 7 of 7
 
  Final Step  
 
 
 
Amount Completed
 
     
 

INVENTOR INFORMATION

You should read all of this information before proceeding.

Davison complies with all regulatory codes. 35 United States Code §297 requires that specific information be provided to you prior to contracting for our services:

Davison does not offer evaluations of idea submissions for commercial potential; therefore, the total number evaluated in the past five years is zero (0), the number of positive evaluations is zero (0) and the number of negative evaluations is zero (0). The total number of customers who have contracted with Davison in the past five years is sixty thousand six hundred ninety (60,690). The number of customers who received a net financial profit as a direct result of the company’s services over the company’s history, since 1989, is thirty one (31). Since 1989, the total number of customers known by Davison to have received license agreements for their product ideas as a direct result of Davisonís services is seven sixty five (765).

It is Davison’s normal practice to seek more than one contract in connection with a submitted idea. Those contracts are:

Pre–Development and Representation– Davison will: (a) provide information on products and patents relevant to the development of the product idea; and (b) attempt to locate a licensee for the product idea after it is fully developed. Davison charges a fee of seven hundred and ninety five dollars ($795) plus a ten percent commission of all money received by the client on the sale or license of the product.

Types of Second Phase Agreements– Depending upon the degree of client preparation and the difficulty of the concept, Davison typically offers either: (a) New Product Sample Agreement– Davison offers to professionally design and construct a product sample, graphics, packaging and presentation materials; (b) Integrated Product Rendering agreement– Davison offers to prepare design images and graphics suitable for presentation of the idea; or, (c) Custom agreement– Davison offers to perform services in one or more areas of video, design work, graphics or package preparation. While the fees for these services are individually quoted based upon the complexity, type and anticipated design work and materials to be used in designing and constructing the invention, the fees typically range from eight thousand dollars ($8,000) to fifteen thousand dollars ($15,000).

Repackaging/refurbishment– For three hundred and eighty five dollars ($385) we will create an additional set of graphics/packaging and, if necessary, refurbish/repair a product sample for a presentation to an additional potential licensee.

Representation Agreement– Clients who have quantities of professionally manufactured products and are looking for licensing or distribution channels may be offered this service in lieu of all other services. The service includes targeting potential corporations, presenting the product to potential licensees or distributors, as requested, and attempting to negotiate agreements for the license or distribution of the manufactured product. The fee is typically five thousand, eight hundred and fifty dollars ($5,850) plus a ten percent commission on all money received by the client on the sale or license of the product.

Davison Design and Development, Inc. was previously known as Davison & Associates, Inc., operating from the same address, 595 Alpha Drive, RIDC Park, Pittsburgh, PA 15238.
 
     
 
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Step 7 of 7
 
  Final Step  
 
 
Amount Completed