Drayton Weissenfels' official announcment of strategic alliance with Yet2.com

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"

Drayton Weissenfels enters into a strategic alliance with
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

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.

Al Gore: New thinking on the climate crisis

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.