yet2.com's Chemistry Industry Partners Make Innovative Technologies Available for Licensing on the yet2.com Site
24-Sep-2001
yet2.com, the first global marketplace for the exchange of
intellectual property on the Internet, announced today that several innovative chemistry industry
technologies are now available for licensing on the yet2.com site. R&D leaders, licensing executives, and
product managers and developers can now access these technologies by visiting the yet2.com site and using
yet2.com's intuitive search and find function.
These innovations are presented using the yet2.com TechPak Listing Standard (TechPakTM), the first
standard for the marketing of licensable technology on the Internet. This listing standard enables potential
licensees to view the pertinent information in an easy-to-use format that emphasizes the benefits of the
technologies and the various ways that they can be commercially implemented.
A sampling of the chemistry industry technologies offered through TechPak includes:
Fiber reinforced plastics? This fiber reinforced plastic offers better rigidity, strength and fatigue
durability than the conventional sheet molding compound.
Novel method for preparing polymer blends? With this method, polymer/acrylate blends are prepared in
the polymer reactor. Whereas conventional methods employ several steps, this method eliminates
steps, saving time, energy, capital and raw materials.
Thin layer composite pervaporation membranes? This technology prescribes a new methodology to
produce two-ply composite membranes that offer exceptional mechanical strength, high flux rates, high
separation factors and high water selectivity characteristics compared to presently available and
commonly used pervaporation membranes, such as PVA membranes.
Lubrication science and engineering design consultancy and software? For companies with limited
resources for investigating or maintaining expertise in basic lubrication phenomena, this software and
consultancy service provides a cost-effective way of gaining access to this expertise and applying it to
real-world problems of design or application.
Technology for producing and adding man-made additives for concretes? This is a low cost process for
producing additives that can be varied in terms of shape, chemical composition and size. Among the
numerous advantages to these new additives are high reproducibility, easy modification of properties as
well as cost savings in manpower and concrete.
"The technologies we are listing on yet2.com represent some of the most innovative in the chemistry
industry," said Dr. William Heise, licensing director at Eastman Chemical Company. "By partnering with
yet2.com, we maximize the potential of our research and development and engage in cross-industry, global
technology transfer. This is a win-win for Eastman Chemical in terms of revenue generation from our R&D
investments and for the companies who stand to benefit from licensing our technologies."
"Increasingly, intellectual assets are viewed as a strategic investment rather than simply an R&D cost,"
said Conrad Langenhagen, vice president of finance and strategy at yet2.com. Using yet2.com's TechPak
standard, innovative companies can market their technologies to potential partners around the globe and
across industries, finding partners more quickly than ever before."
Through yet2.com, organizations can now efficiently market their technologies to realize hundreds of millions
of dollars in revenues through out-licensing. Corporations can more easily market their technologies to
buyers worldwide and also tap into R&D resources at leading technology companies. yet2.com enables
companies of all sizes and individuals to shorten the technology transfer process and increase R&D
efficiencies.
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