Yes, you were dead on target, qlt!
Licensing agreements are excellent indicators of interest in our IP but, as you pointed out, it takes contracts to move the PPS.
While Knowles isn't exactly the "household name" many of the people I talk to had in mind, Knowles is a subsidiary of Dover Corporation, a $6 billion member of the NYSE. And Dover's products (below) clearly intersect with our IP.
I found it interesting that Knowles, after going through the nondisclosure agreement process, appears to have leap-frogged the licensing agreement step in favor of a full contract. Not complaining, mind you, because they have validated ElectriPlast! Moreover, once the market digests the impact of ElectriPlast on Knowles and looks at our potential to sell ElectriPlast to the parent, Dover Corporation, this deal will be seen as even bigger.
Dover manages more than 50 companies that make: electronic components and circuit board assemblies and ink-jet printing equipment; transportation, food service, and waste-handling equipment; can-making machinery, compressors, and heat-transfer equipment; auto, fluid-handling, and petroleum industry equipment; and food refrigeration and display cases and food and packaging equipment.
The underlined products represent areas in which Integral owns patents or have patents pending.
This deal has tremendous potential for the company and for those of us who stayed the course.
Cheers
AI
