[IMC-Editorial] PRESS RELEASE: Coping With the Economic Downturn: Online Forum Helps Businesses Generate Additional Sources of Revenue

[gcomm at mn.astound.net]

FOR IMMEDIATE RELEASE

Coping With the Economic Downturn: Online Forum Helps Businesses Generate 
Additional Sources of Revenue

SAINT CLOUD, Minnesota--September 5, 2003-A Minnesota based online forum 
for intellectual property is helping businesses maximize their return on 
research and development investment. Using NewIdeaTrade.com's worldwide 
reach, many companies are trying to generate additional sources of revenue 
by selling or licensing their unused and underutilized inventions to 
others.  NewIdeaTrade.com (http://www.newideatrade.com) is an online 
trading community that provides a forum for buying and selling inventions, 
patents, copyrights, trademarks, and other intellectual property. 

"Small businesses, independent inventors, and researchers often find it 
difficult to reach the global market because the traditional transfer of 
intellectual property is complicated, costly, fragmented, and slow," said 
spokesperson Neil Armand. "By providing a global forum for businesses, 
innovators and investors to find each other, NewIdeaTrade.com breaks down 
traditional geographic, industrial, and marketing barriers. Companies are 
turning to NewIdeaTrade.com because it simplifies and speeds up the 
process, cutting the marketing or search time down to as little as a few 
days."  

Small companies that are not able to devote substantial amount of resources 
to research and development are able to locate and license inventions 
listed on NewIdeaTrade.com.  Even larger companies save time and expense of 
developing new products and technologies on their own, by buying or 
licensing inventions listed on this trading community. Additional 
information about this forum is available at 
http://www.newideatrade.com/info.htm. 

NewIdeaTrade.com is a division of Minnesota based Global Commerce & 
Communication (http://www.gcchq.com), an IT company that provides Web 
development, Internet marketing, ecommerce, and customized software 
development services. 

Contact: Neil Armand
2926 Monroe Place
Saint Cloud, Minnesota 56303
Telephone: 320-250-0950
Fax: 320-230-1096
Email:  gcomm at astound.net
URL: http://www.newideatrade.com 


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