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All Press Releases for January 25, 2003 Subscribe to this News Feed    
 

NewIdeaTrade.com thriving in spite of dot-com shakeout Online Forum Connects Intellectual Property Buyers and Sellers

NewIdeaTrade.com, an online trading community developed by Minnesota-based Global Commerce & Communication (GCC), provides a forum for buying and selling new ideas, inventions, patents, copyrighted works, trademarks, and other intellectual property.

SAINT CLOUD, Minn. -- Until recently, many of the best ideas and the most creative solutions have been trapped in the minds of innovators who had no way to reach the people with the financial backing and business acumen to execute them.

NewIdeaTrade.com, an online trading community developed by Minnesota-based Global Commerce & Communication (GCC), provides a forum for buying and selling new ideas, inventions, patents, copyrighted works, trademarks, and other intellectual property.

"Small businesses, independent innovators, authors, and artists often find it difficult to reach the global market because the traditional transfer of intellectual property is complicated, costly, fragmented, and slow," said GCC board member Neil Armand.

"By providing a central registry for innovators and investors to find each other, NewIdeaTrade.com breaks down traditional geographic, industrial, and marketing barriers. Innovators 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."

NewIdeaTrade.com members post intellectual property for sale including inventions, trademarks, and patents. Members may also post copyrighted works for sale or license, including literary, musical, artistic, photographic, and audiovisual works, and software. In addition to connecting sellers and buyers of intellectual property, NewIdeaTrade.com supports a professional directory and resource center for its members.

Members of NewIdeaTrade.com reach a global audience of innovators and investors through the site's top 10 rankings on all leading search engines and directories that together are viewed by more than 250 million Internet users around the world.

In the wake of so many dot-com disasters, NewIdeaTrade.com has not only survived but actually flourished. Armand attributes the company's success to its philosophy of "simple, small but profitable" -- and to thinking smaller, maintaining a low cost structure, and practicing slow but steady growth.

"Many dot-coms have failed because they ignored the basic principles of good management, well-thoughtout business plans, revenue models, strategic partnerships, and flexibility," he explained.

Additional information about this forum is available at http://www.newideatrade.com/sell_ideas.htm.


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Neil Armand
Global Commerce & Communications
320-250-0950
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