World Patent Marketing Signs Licensing and Manufacturing Agreement for Revolutionary New Sucker Rod
(PRWEB) January 31, 2016
World Patent Marketing, a vertically integrated manufacturer and engineer of patented products, announced a licensing agreement with
inventors to patent and manufacture a revolutionary new sucker rod. The new sucker rod is to be made of a material combination that is stronger, lighter, and less expensive to use than the current products on the market. It is abrasion, rust and corrosion resistant.
"The slide of more than 25 percent in oil prices so far this year has piled more pain on oil drillers and producing nations alike, yet they continue to pump more oil into an oversupplied market," said Scott J. Cooper, CEO and Creative Director of World Patent Marketing. "The oil industry is in complete chaos. In life, timing is everything. What better time to introduce a cost savings to the energy business?"
The new rods are stronger than steel and incorporate an all new coupling system. The new coupling system is both stronger, and quicker to connect. The new sucker rods are sure to reduce costs, as well as drilling time.
World Patent Marketing's new sucker rods are the most significant breakthrough in sucker pump drilling since the technique was first introduced in 1925. The innovative improvements reduce wear and tear due to abrasion and can significantly reduce the possibility of untimely breakage.
"I love this deal," said Jerry Shapiro, Director of Manufacturing at World Patent Marketing. "You expect this type of breakthrough to come from some mega-lab at Exxon or BP, a place filled with a bunch of high-priced PhDs. But, at World Patent Marketing, I have learned from my own experience that the best ideas often come from regular guys working in the field, solving everyday problems that they encounter. That is exactly we have here and that is why World Patent Marketing is putting its money behind it."
"I am more than thankful for all the great help from World Patent Marketing its CEO, Scott Cooper," said the inventor. "We are more than excited to begin the manufacturing process and get our sucker rods in the hands of oil operators all over the world. We are paving the way for more cost efficient and profitable production domestically and internationally. I feel Mr. Cooper and his team have placed us in the perfect position to capitalize in this billion dollar industry. Thank you again Mr. Cooper and WPM for all of the professional help and guidance."
ABOUT WORLD PATENT MARKETING
World Patent Marketing is an innovation incubator and manufacturer of patented products for inventors and entrepreneurs. The company is broken into eight operating divisions: Research, Patents, Prototyping, Manufacturing, Retail, Web & Apps, Social Media and Capital Ventures.
As a leader in patent invention services, World Patent Marketing is by your side every step of the way, utilizing our capital and experience to protect, prepare, and manufacture your new product idea and get it out to the market. Get a patent with World Patent Marketing and the company will send representatives to trade shows every month in order to further advocate for its clients. It is just part of the world patent marketing cost of doing business.
World Patent Marketing Success Stories are made possible because of its A+ rating with the Better Business Bureau and its five star ratings from consumer review sites including: Consumer Affairs, Google, Trustpilot, Customer Lobby, Reseller Ratings, Yelp and My3Cents.
World Patent Marketing is also a proud member of the National Association of Manufacturers, Duns and Bradstreet, the US Chamber of Commerce, the South Florida Chamber of Commerce, the Greater Miami Chamber of Commerce, Association for Manufacturing Excellence, and the New York Inventor Exchange.
Visit the worldpatentmarketing.com website and find out how to patent an invention. Contact us at (888) 926-8174.
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