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- a lesson learned
Kambrook - a lesson learned
In 1972, Frank Bannigan, Managing Director of Kambrook, developed the electrical
power-board. The product was hugely successful and was the basis for Kambrook's
growth to become a major producer of electrical appliances.
However, the power-board was not patented and Kambrook ended up sharing the
market with many other manufacturers.
According to Mr Bannigan,
'I've probably lost millions of dollars in royalties alone. Whenever I go into
a department store and see the wide range of power-boards on offer, it always
comes back to haunt me.'
Today Kambrook has a number of patents and pending applications for improvements
in a range of consumer goods.
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