Drayton Weissenfels Inc enters into a strategic alliance with
Techitra

(Toronto, ON) - Drayton Weissenfels Inc. today announced that it has entered into a strategic alliance with Techitra, one of the largest and most active technology transfer companies in Italy, to provide Canadian and Italian 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.

“ We face a greater need for collaboration on green and clean technologies than ever before on our planet. The combination of the environment and the economy is leading to a perfect storm,” says Dwayne Matthews, President, Drayton Weissenfels Inc. “We have access to the largest aggregation of companies that are interested in open innovation. 140 000 registered users directly interested in open innovation and via our collective partnerships we now have access to a database of over 750 000 registered users allowing for Canadian and international green and clean technologies to be easily identified, improved and licensed while creating valuable global connections for our clients. We are very excited to work with Techitra.”

“In this economic climate it is not economically responsible for companies to just rely on their own research and development to succeed in the creation of technologies” says Craig Weissenfels, vice president of Drayton Weissenfels Inc. “Canadian and Italian businesses will benefit from buying or licensing processes from other companies, which will allow them to stay competitive and add significant value to their portfolios”.

About Techitra

Techitra S.r.l., is an Italian company founded in 2006 by a group of professionals coming from different sectors with relevant international experiences on technology transfer. Techitra’s mission is to help Italian companies to find the technologies they need to improve their existing products and solutions to grow their business. The company is also networking with experts and companies and working with Chambers of Commerce and the Association of Industry in some regions of Italy with the scope of increasing knowledge of the opportunities offered by the transfer of technologies.
Techitra is located in Torino, Milano and Napoli.



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