Thu, Sep 25 2008 07:08 AM | Permalink
Drayton Weissenfels Inc enters into a strategic alliance with
Laser Consult LTD
(Toronto, ON) - Drayton Weissenfels Inc. today announced that it has entered into a strategic alliance with Laser Consult LTD, one of the largest and most active technology transfer companies in Hungary, to provide Canadian and Hungarian companies a platform where domestic and international parties interested in open innovation can connect to transfer intellectual property and technology to create value added outcomes. The alliance provides optimal solutions for technology transfer across the two countries.
“I believe that interconnectedness as it relates to technology transfer is a fundamental tool that is very well timed. We face a greater need for collaboration on green and clean technologies than ever before on our planet. Our environment is being altered in a manner that will disrupt human life in a very profound way,” says Dwayne Matthews, President, Drayton Weissenfels Inc. “We have access to the largest aggregation of companies that are interested in open innovation allowing for Canadian and Hungarian green and clean technologies to be easily identified, improved and licensed while creating valuable global connections for our clients. We are excited and very optimistic with this alliance.”
“In a world of broadly distributed knowledge, it is not economically responsible for companies to entirely rely on their own innovation and research and development to succeed in the creation of technologies” says Craig Weissenfels, vice president of Drayton Weissenfels Inc. “These businesses will benefit from buying or licensing processes from other companies, which will allow them to stay competitive. Additionally well, vetted innovations created by organizations could be taken to other businesses through licensing or joint ventures via networks that allow for faster more streamlined transfers”.
About Laser Consult LTD
Laser Consult Ltd. is a research and development (R&D), and technology transfer consulting enterprise. Within these main fields the company’s activities are rather widespread including drawing up project proposals and planning projects, mainly for receiving subsidies; for writing studies, innovation assessment, technology transfer; and preparing the groundwork for technology oriented foreign companies’ activities in Hungary; also for consulting in higher education development.
About Drayton Weissenfels Inc.
Drayton Weissenfels Inc. connects innovation, ideas and intellectual property to industry by leveraging open innovation, a process that enables companies to have wider distribution of research and development initiatives by accessing global expertise through licensing, purchasing intellectual properties and processes. The sole Canadian partner of Yet2.com, one of the largest technology transfer marketplaces in the world, Drayton Weissenfels helps companies generate revenue streams from underutilized intellectual property. Drayton Weissenfels Inc. is based in Toronto, Canada. For more information or to coordinate an interview, please contact: dmatthews@draytonweissenfels.com
Laser Consult LTD
(Toronto, ON) - Drayton Weissenfels Inc. today announced that it has entered into a strategic alliance with Laser Consult LTD, one of the largest and most active technology transfer companies in Hungary, to provide Canadian and Hungarian companies a platform where domestic and international parties interested in open innovation can connect to transfer intellectual property and technology to create value added outcomes. The alliance provides optimal solutions for technology transfer across the two countries.
“I believe that interconnectedness as it relates to technology transfer is a fundamental tool that is very well timed. We face a greater need for collaboration on green and clean technologies than ever before on our planet. Our environment is being altered in a manner that will disrupt human life in a very profound way,” says Dwayne Matthews, President, Drayton Weissenfels Inc. “We have access to the largest aggregation of companies that are interested in open innovation allowing for Canadian and Hungarian green and clean technologies to be easily identified, improved and licensed while creating valuable global connections for our clients. We are excited and very optimistic with this alliance.”
“In a world of broadly distributed knowledge, it is not economically responsible for companies to entirely rely on their own innovation and research and development to succeed in the creation of technologies” says Craig Weissenfels, vice president of Drayton Weissenfels Inc. “These businesses will benefit from buying or licensing processes from other companies, which will allow them to stay competitive. Additionally well, vetted innovations created by organizations could be taken to other businesses through licensing or joint ventures via networks that allow for faster more streamlined transfers”.
About Laser Consult LTD
Laser Consult Ltd. is a research and development (R&D), and technology transfer consulting enterprise. Within these main fields the company’s activities are rather widespread including drawing up project proposals and planning projects, mainly for receiving subsidies; for writing studies, innovation assessment, technology transfer; and preparing the groundwork for technology oriented foreign companies’ activities in Hungary; also for consulting in higher education development.
About Drayton Weissenfels Inc.
Drayton Weissenfels Inc. connects innovation, ideas and intellectual property to industry by leveraging open innovation, a process that enables companies to have wider distribution of research and development initiatives by accessing global expertise through licensing, purchasing intellectual properties and processes. The sole Canadian partner of Yet2.com, one of the largest technology transfer marketplaces in the world, Drayton Weissenfels helps companies generate revenue streams from underutilized intellectual property. Drayton Weissenfels Inc. is based in Toronto, Canada. For more information or to coordinate an interview, please contact: dmatthews@draytonweissenfels.com
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Drayton Weissenfels Inc. signs Emission Reduction technology
Fri, Sep 5 2008 04:00 PM | Permalink
September 9th, 2008 (Toronto, ON) - Drayton Weissenfels Inc. today announced that it has entered into a strategic alliance with Global Emissions Systems Inc. (GESi®). The Whitby, Ontario based company has proprietary Canadian technology that is able to reduce up to 99% of Hydrocarbons (HC), Carbon Monoxide (CO), and Nitrogen Oxides (NOx) in gasoline, natural gas, propane, diesel and hybrid engines. Furthermore, GESi® technology reduces emissions from many other applications including coal, alcohol, diesel, and methane from garbage.“Drayton Weissenfels Inc. leverages the open innovation model to the benefit of our clients in Canada,” says Dwayne Matthews, President of Drayton Weissenfels Inc. “With the new EPA ruling regarding emissions on lawn mowers and boats, some organizations cannot afford to entirely rely on their own innovation and research and development to succeed in the creation of technologies. These businesses will need to consider buying or licensing processes from other Canadian companies like Global Emissions Systems Inc. in order to stay competitive.”
“With over 140,000 registered users via our partnerships and many of the Fortune 500, we have access to one the largest aggregation of companies that are interested in open innovation allowing for Canadian technology companies like GESi® to be easily identified, improved and licensed while creating valuable global connections for our clients.” Said Craig Weissenfels, Vice President of Drayton Weissenfels “ We are very excited about this relationship because we believe that Canadian companies like Global Emission Systems Inc have a very important role to play with respect to curbing harmful emissions.”
About Global Emissions Systems Inc.
Global Emissions Systems Inc. is a Canadian company specializing in the development, design, and manufacturing of emissions control technology for Government and Industry. GESi® is the owner of an advanced Emission Reduction System called Dry Selective Catalyst™ (DSC)™ technology that has distinct advantages over other systems currently deployed to reduce emissions from the combustion of various fuels. The DSC™ technology effectively reduces up to 99% of the Carbon Monoxide (CO), Hydrocarbon (HC), and Nitrous Oxides (NOx) from fossil fuel combustion engines. Unlike other technologies, GESi® technology is recyclable and does not create additional toxic emissions to the environment.
About Drayton Weissenfels
Drayton Weissenfels connects innovation, ideas and intellectual property to industry by leveraging open innovation, a process that enables companies to have wider distribution of research and development initiatives by accessing global expertise through licensing, purchasing intellectual properties and processes. The sole Canadian partner of Yet2.com, one of the largest technology transfer marketplaces in the world, Drayton Weissenfels helps companies generate revenue streams from underutilized intellectual property. Drayton Weissenfels is based in Toronto, Canada. For more information visit www.draytonweissenfels.com or to coordinate an interview, please contact:
Dwayne Matthews
President
Drayton Weissenfels
E: dmatthews@draytonweissenfels.com P: 647 401 3020
A letter to Drayton Weissenfels.
Wed, May 14 2008 04:39 PM | Permalink
May 14, 2008
Drayton Weissenfels Inc:
I would like to take this opportunity to thank you for the excellent and professional level of services you have provided to Revolutionary Concrete Solutions Inc. With your encouragement and continuing assistance in promoting and developing RCS and our CN2000® line of concrete waterproofing products we have met and exceeded the objectives that were developed with your cooperation.
The level of access in communications and high level corporate introductions that you have provided us has been extremely satisfying.
18 months ago, as Pangborn International, we started with an idea and the license to market the CN2000® line of concrete waterproofing products and with no plan and no contacts, we were fortunate to find you.
Today with your assistance, we have a new thought provoking identity, and a viable strategic 10 year plan in place that includes the development of a $3.5 million Head Office, Warehouse, Distribution facility within 2 years and a $15 million manufacturing facility within 7 years.
The professional assistance and high level corporate contacts that you have provided us were instrumental in our achieving these goals and to our growth to this point.
We look forward to a long term relationship with Drayton Weissenfels to ensure our continued success and expansion in our target markets.
We highly recommend, and refer our contacts to Drayton Weissenfels on a regular basis and will continue to do so
Thank you.
Sincerely,
Ron Langdana
President
Revolutionary Concrete Solutions Inc.
Drayton Weissenfels Inc:
I would like to take this opportunity to thank you for the excellent and professional level of services you have provided to Revolutionary Concrete Solutions Inc. With your encouragement and continuing assistance in promoting and developing RCS and our CN2000® line of concrete waterproofing products we have met and exceeded the objectives that were developed with your cooperation.
The level of access in communications and high level corporate introductions that you have provided us has been extremely satisfying.
18 months ago, as Pangborn International, we started with an idea and the license to market the CN2000® line of concrete waterproofing products and with no plan and no contacts, we were fortunate to find you.
Today with your assistance, we have a new thought provoking identity, and a viable strategic 10 year plan in place that includes the development of a $3.5 million Head Office, Warehouse, Distribution facility within 2 years and a $15 million manufacturing facility within 7 years.
The professional assistance and high level corporate contacts that you have provided us were instrumental in our achieving these goals and to our growth to this point.
We look forward to a long term relationship with Drayton Weissenfels to ensure our continued success and expansion in our target markets.
We highly recommend, and refer our contacts to Drayton Weissenfels on a regular basis and will continue to do so
Thank you.
Sincerely,
Ron Langdana
President
Revolutionary Concrete Solutions Inc.
The advantages of Open Innovation vs Closed Innovation
Mon, May 5 2008 08:55 AM | Permalink
Many companies are taking advantage of the open innovation process ( over 140 000 users and most of the fortune 500). We will first have a look at the principals of both the closed and open innovation models. Then we will go over a case study to demonstrate how open innovation can work for your company.
Closed innovation Principles
Open innovation Principles
Challenge:
Company A ( Many of our clients choose to remain anonymous) has created a disruptive technology but needs to raise *$18 million USD to continue with R&D to develop additional innovations that will enhance their disruptive technology.
Solution:
Drayton Weissenfels via its extensive network finds another company ( Company B) that has already created the technology that Company A needs. Company A then acquires an exclusive license for $2 million USD leaving it with $16 million to focus on its business model and marketing efforts. Company A saved $16 million. It is important to note that both Company A and B could change roles in the future. Creating an additional revenue stream for Company A and additional savings for Company B.
Contact Drayton Weissenfels to find out how open innovation can work for you.
*The needed $18 million could be raised by Drayton Weissenfels depending on the potential of the disruptive technology.
Closed innovation Principles
- The smart people in our field work for us.
- To profit from research and development (R&D), we must discover it, develop it and ship it ourselves.
- If we discover it ourselves, we will get it to market first
- The company that gets an innovation to market first will win
- If we create the most and the best ideas in the industry, we will win.
- We should control our innovation process, so that our competitors don't profit from our ideas
Open innovation Principles
- Not all the smart people work for us. We need to work with smart people inside and outside our company.
- External R&D can create significant value; internal R&D is needed to claim some portion of that value.
- We don't have to originate the research to profit from it.
- Building a better business model is better than getting to market first.
- If we make the best use of internal and external ideas, we will win
- We should profit from others' use of our innovation process, and we should buy others' intellectual property (IP) whenever it advances our own business model.
Challenge:
Company A ( Many of our clients choose to remain anonymous) has created a disruptive technology but needs to raise *$18 million USD to continue with R&D to develop additional innovations that will enhance their disruptive technology.
Solution:
Drayton Weissenfels via its extensive network finds another company ( Company B) that has already created the technology that Company A needs. Company A then acquires an exclusive license for $2 million USD leaving it with $16 million to focus on its business model and marketing efforts. Company A saved $16 million. It is important to note that both Company A and B could change roles in the future. Creating an additional revenue stream for Company A and additional savings for Company B.
Contact Drayton Weissenfels to find out how open innovation can work for you.
*The needed $18 million could be raised by Drayton Weissenfels depending on the potential of the disruptive technology.
Drayton Weissenfels' official announcment of strategic alliance with Yet2.com
Wed, Apr 23 2008 06:47 AM | Permalink
Drayton Weissenfels officially announced its strategic alliance with Yet2.com to the world on Earth Day 2008. "We believe that open innovation will play a major role in solving problems related to the climate crisis" said Dwayne Matthews, President, Drayton Weissenfels " We are committed to connecting parties that have a focus on green issues"
April 21, 2008 (Toronto, ON) - Drayton Weissenfels Inc. today announced that it has entered into a strategic alliance with Yet2.com, the largest and most active technology marketplace in the world, to provide Canadian companies a platform where domestic and international parties interested in open innovation can connect to transfer intellectual property and technology to create value added outcomes.
The alliance connects Canadian corporations to 140,000 Yet2.com active registered users and most of the fortune 500 community – 40 per cent of the world’s research and development capacity – allowing for open innovation to be more accessible, efficient and cost-effective.
“Drayton Weissenfels is among the first to embrace the open innovation model in Canada,” says Dwayne Matthews, President, Drayton Weissenfels. “We have access to the largest aggregation of companies that are interested in open innovation allowing for Canadian technologies to be easily identified, improved and licensed while creating valuable global connections for our clients.”
In a world of broadly distributed knowledge, some organizations cannot afford to entirely rely on their own innovation and research and development to succeed in the creation of technologies. These businesses will need to consider buying or licensing processes from other companies in order to stay competitive. Additionally, internal innovations not being used by an organization could be taken to other businesses through licensing or joint ventures.
Until now there has not been an open channel of this size for the flow of innovation on an international level. Drayton Weissenfels’ strategic partnership with Yet2.com enables it to act as a revolving doorway of introductions for clients by connecting them globally to entire target markets in a six to eight week time period. Drayton Weissenfels also provides marketing and branding consultation making its clients look more attractive to innovation seekers.
About Drayton Weissenfels
Drayton Weissenfels connects innovation, ideas and intellectual property to industry by leveraging open innovation, a process that enables companies to have wider distribution of research and development initiatives by accessing global expertise through licensing, purchasing intellectual properties and processes. The sole Canadian partner of Yet2.com, one of the largest technology transfer marketplaces in the world, Drayton Weissenfels helps companies generate revenue streams from underutilized intellectual property. Drayton Weissenfels is based in Toronto, Canada. For more information visit www.draytonweissenfels.com.
Drayton Weissenfels enters into a strategic alliance with
world’s largest innovation and technology transfer marketplace
world’s largest innovation and technology transfer marketplace
April 21, 2008 (Toronto, ON) - Drayton Weissenfels Inc. today announced that it has entered into a strategic alliance with Yet2.com, the largest and most active technology marketplace in the world, to provide Canadian companies a platform where domestic and international parties interested in open innovation can connect to transfer intellectual property and technology to create value added outcomes.
The alliance connects Canadian corporations to 140,000 Yet2.com active registered users and most of the fortune 500 community – 40 per cent of the world’s research and development capacity – allowing for open innovation to be more accessible, efficient and cost-effective.
“Drayton Weissenfels is among the first to embrace the open innovation model in Canada,” says Dwayne Matthews, President, Drayton Weissenfels. “We have access to the largest aggregation of companies that are interested in open innovation allowing for Canadian technologies to be easily identified, improved and licensed while creating valuable global connections for our clients.”
In a world of broadly distributed knowledge, some organizations cannot afford to entirely rely on their own innovation and research and development to succeed in the creation of technologies. These businesses will need to consider buying or licensing processes from other companies in order to stay competitive. Additionally, internal innovations not being used by an organization could be taken to other businesses through licensing or joint ventures.
Until now there has not been an open channel of this size for the flow of innovation on an international level. Drayton Weissenfels’ strategic partnership with Yet2.com enables it to act as a revolving doorway of introductions for clients by connecting them globally to entire target markets in a six to eight week time period. Drayton Weissenfels also provides marketing and branding consultation making its clients look more attractive to innovation seekers.
About Drayton Weissenfels
Drayton Weissenfels connects innovation, ideas and intellectual property to industry by leveraging open innovation, a process that enables companies to have wider distribution of research and development initiatives by accessing global expertise through licensing, purchasing intellectual properties and processes. The sole Canadian partner of Yet2.com, one of the largest technology transfer marketplaces in the world, Drayton Weissenfels helps companies generate revenue streams from underutilized intellectual property. Drayton Weissenfels is based in Toronto, Canada. For more information visit www.draytonweissenfels.com.
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A Brief history of Drayton Weissenfels Inc
Mon, Apr 14 2008 04:19 PM | Permalink
Our first 8 months.
September 07
Drayton Weissenfels Inc is created. Drayton Weissenfels connects innovation, ideas and intellectual property to industry by leveraging open innovation, a process that enables companies to have wider distribution of research and development initiatives by accessing global expertise through licensing, purchasing intellectual properties and processes. Drayton Weissenfels helps companies generate revenue streams from underutilized intellectual property. Drayton Weissenfels is based in Toronto, Canada. For more information visit www.draytonweissenfels.com.
October 07
Drayton Weissenfels welcomes its new Director of Legal Affairs Faithlyn Hemmings. Ms Hemmings, formerly of Blaney McMurtry has been featured in Lexpert magazine. Lexpert is one of the top magazines for Lawyers in North America. Ms Hemmings was featured as one of the top up and coming lawyers in Canada. We are very pleased to have her join our team.
October 07
Drayton Weissenfels signs first client Pangborn International. Pangborn International is a Toronto based construction firm with exclusive rights to CN2000 a superior waterproofing product that has been used on the world’s largest dam, the three gorges dam in China and the Olympic swimming pool in Beijing.
November 07
Drayton Weissenfels becomes the Canadian partner for the world’s largest innovation and technology transfer marketplace Yet2.com. Yet2.com provides intellectual property consulting and licensing services to world-class clients around the globe. Yet2.com Inc and its online marketplace were founded in 1999 to promote technology licensing and transfer, with original investments from Siemens, Bayer, Honeywell, DuPont, Procter & Gamble, Caterpillar, and NTT Leasing. The privately held company has offices in the United States, Europe, and Japan. The web site now has over 120,000 registered marketplace users including many of the Fortune 500 and over 11,000 SMEs. In addition to its core team, yet2.com has created a wide network of technology transfer partners covering many of the technology-rich countries around the world as well as relationships with technology transfer organizations, technical expert networks, SME networks, technical magazines, online technical communities, and technology brokers. These provide market-wide access to technologies and needs in countries such as Russia, China, India, Korea, Brazil, South Africa, Japan, the US, and Europe.
December 07
Drayton Weissenfels attracts strong interest from Asian firm with annual revenue of over $3billion USD to Pangborn International for CN 2000. Drayton Weissenfels also attracts 6 other firms two of which also generated over $500 million in revenue.
Jan 08
Drayton Weissenfels and Yet2.com connect Deloro Resources Ltd in Vancouver with Electro Petroleum Inc from Pennsylvania to launch joint venture that will change the way oil is drilled in the oil sands.
Feb 08
Drayton Weissenfels connects A.C.T with international recording artist to showcase their intelligent lighting process. A.C.T has done projects on the Michael Lee Chin Crystal, which was named as one of the architechtural wonders of the world.
March 08
Drayton Weissenfels connects 1dawg LLC with 3 potential clients, one in the UK and two major clients in the US. The outcomes of these connections are very promising indeed and we look forward to value creation as a result of this connection.
April 08
Drayton Weissenfels has a soft re launched of its newly re branded site. The look and feel of the site is consistent with the Drayton Weissenfels brand as it moves forward into the 21st Century. The first few weeks of the soft relaunch the Drayton Weissenfels site has received 694 unique page views from the US, Canada, Germany, Poland, Trinidad and Tobago, Peru and Japan.
September 07
Drayton Weissenfels Inc is created. Drayton Weissenfels connects innovation, ideas and intellectual property to industry by leveraging open innovation, a process that enables companies to have wider distribution of research and development initiatives by accessing global expertise through licensing, purchasing intellectual properties and processes. Drayton Weissenfels helps companies generate revenue streams from underutilized intellectual property. Drayton Weissenfels is based in Toronto, Canada. For more information visit www.draytonweissenfels.com.
October 07
Drayton Weissenfels welcomes its new Director of Legal Affairs Faithlyn Hemmings. Ms Hemmings, formerly of Blaney McMurtry has been featured in Lexpert magazine. Lexpert is one of the top magazines for Lawyers in North America. Ms Hemmings was featured as one of the top up and coming lawyers in Canada. We are very pleased to have her join our team.
October 07
Drayton Weissenfels signs first client Pangborn International. Pangborn International is a Toronto based construction firm with exclusive rights to CN2000 a superior waterproofing product that has been used on the world’s largest dam, the three gorges dam in China and the Olympic swimming pool in Beijing.
November 07
Drayton Weissenfels becomes the Canadian partner for the world’s largest innovation and technology transfer marketplace Yet2.com. Yet2.com provides intellectual property consulting and licensing services to world-class clients around the globe. Yet2.com Inc and its online marketplace were founded in 1999 to promote technology licensing and transfer, with original investments from Siemens, Bayer, Honeywell, DuPont, Procter & Gamble, Caterpillar, and NTT Leasing. The privately held company has offices in the United States, Europe, and Japan. The web site now has over 120,000 registered marketplace users including many of the Fortune 500 and over 11,000 SMEs. In addition to its core team, yet2.com has created a wide network of technology transfer partners covering many of the technology-rich countries around the world as well as relationships with technology transfer organizations, technical expert networks, SME networks, technical magazines, online technical communities, and technology brokers. These provide market-wide access to technologies and needs in countries such as Russia, China, India, Korea, Brazil, South Africa, Japan, the US, and Europe.
December 07
Drayton Weissenfels attracts strong interest from Asian firm with annual revenue of over $3billion USD to Pangborn International for CN 2000. Drayton Weissenfels also attracts 6 other firms two of which also generated over $500 million in revenue.
Jan 08
Drayton Weissenfels and Yet2.com connect Deloro Resources Ltd in Vancouver with Electro Petroleum Inc from Pennsylvania to launch joint venture that will change the way oil is drilled in the oil sands.
Feb 08
Drayton Weissenfels connects A.C.T with international recording artist to showcase their intelligent lighting process. A.C.T has done projects on the Michael Lee Chin Crystal, which was named as one of the architechtural wonders of the world.
March 08
Drayton Weissenfels connects 1dawg LLC with 3 potential clients, one in the UK and two major clients in the US. The outcomes of these connections are very promising indeed and we look forward to value creation as a result of this connection.
April 08
Drayton Weissenfels has a soft re launched of its newly re branded site. The look and feel of the site is consistent with the Drayton Weissenfels brand as it moves forward into the 21st Century. The first few weeks of the soft relaunch the Drayton Weissenfels site has received 694 unique page views from the US, Canada, Germany, Poland, Trinidad and Tobago, Peru and Japan.
Al Gore: New thinking on the climate crisis
Fri, Apr 11 2008 03:29 AM | climate change | Permalink
About this Talk
In Al Gore's brand-new slideshow (premiering exclusively on TED.com), he presents evidence that the pace of climate change may be even worse than scientists were recently predicting, and challenges us to act with a sense of "generational mission" -- the kind of feeling that brought forth the civil rights movement -- to set it right. Gore's stirring presentation is followed by a brief Q&A in which he is asked for his verdict on the current political candidates' climate policies and on what role he himself might play in future.