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Product Technology
Our Focus: Fundamentally, PT is focused on maximizing the cost effectiveness of various materials by applying state of the art expertise in resource utilization. Through technology development, we believe there is always an opportunity to more effectively utilize existing resources and incorporate new resources into a materials system in order to significantly improve the benefit-cost ratio.

Our Strategy: The goal of any technology development project is the creation of a commercially viable, new product technology. Our clients look to PT to minimize technology development risk and uncertainty by providing technically and commercially sound project strategies. We have a proven record of:

  • Creating innovative, often patentable, product technology concepts.
  • Establishing sound technology development plans.
  • Maintaining project budgets and schedules.
  • Commercializing new technologies.
PT has nearly 20 years of experience in managing the technology development process. Through our experience, we have established a standard, product technology development project model designed to:
  • Maximize project efficiency.
  • Minimize client expenditure and risk.
PT’s technology development projects are phased to correspond with project milestones. Each phase provides a review point at which time project progress is assessed with the client. Project phases are generally less than 3 months in duration and monthly progress reports are standard.

Utilizing our experience and expertise, PT is able to offer our clients the highest probability of:

  • Developing practical technologies on time and within budget.
  • Commercializing the technology.
Our Services: PT offers full technology development services, including:
  • Technology development risk assessments.
  • Defined technology development programs and project schedules.
  • Defined technology development project budgets.
  • Laboratory development of both materials and specialty materials production processes.
  • Intellectual property management (i.e.: the patent process.)
  • Management of third party product evaluations.
  • Field testing of developed products.
Client Competitive Advantage: our clients own the intellectual property and commercialization rights to developed products and technologies. In order to preserve our client’s competitive advantage, PT is fully receptive to signing industry standard Confidentiality Agreements and Non-Circumvention and Non-Disclosure Agreements. In return, PT may negotiate technology royalties and possibly distribution licenses for developed products.

Case Studies: A select list of client based and internal developments is provided.


 

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