(MoneyNewsWire.Net, July 10, 2015 ) Wilmington, Delaware -- This is why some of the company's top executives have said that if needed, purchasing patents is not out of the question for the Pocket Chain saw. As a matter of fact the company will take every and all steps necessary to produce a viable, durable and helpful product. This is all the while that the company continues to pump dollars into numerous R&D projects, many of which have yet to be made public.
Purchasing a patent in order to build a better product or in order to speed up the development process of a product is nothing new. As a matter of fact there are many businesses that regularly purchase patents and license technologies to ensure that the newest, most cutting edge product makes it to consumers. Plus cross licensing ensures that standards within a specific category of products are maintained which essentially benefits the end user. However, purchasing a patent is not cheap and many businesses often contemplate a number of alternatives prior to making an actual purchase, so it will be interesting to see exactly what patents the company decides to purchase.
"We are a technology company which is driven by innovation. However, at times there is no point trying to reinvent the wheel. So, if someone has a patent on a technology that we need, and its way better than anything else then we will buy it or lease it if necessary. That said we have yet to come across a patent that we'd want to buy and many of the products that are under development do not require that we buy external patents." Said the Lead Technical Officer at Stunning Gadgets when asked what patents the company would consider buying "Right now our focus is on developing great products, if we need to spend on patents, we will if absolutely necessary. Otherwise, our own R&D department is doing pretty well and we are coming up with new ideas and solutions almost every day."
Stunning Gadgets top executives have also said that the company may patent a number of new technologies currently being worked on. However, as of yet there are no patents filed but the company has said that people will know when new patent licenses are applied for. So, it will be interesting to see what new technologies the company has to offer the tech world in this emergency survival kits niche.
About Stunning Gadgets
Stunning Gadgets is a company that sources various products from all over the world. Its objective is to provide niche consumers with the best products manufactured in the top facilities worldwide using the finest materials available.
Stunning Gadgets combines the highest quality materials with innovation and a great warranty ensuring that people get the highest return on their investment. This approach has made Stunning Gadgets one of the leaders in the Cool Gadgets industry.
Stunning Gadgets
Stuart Cronshaw
1-888-843-0268
media@stunninggadgets.com
Source: EmailWire.Com
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