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Lilliputian Systems Announces Strategic Partnership Agreement with Brookstone

Date: 05/08/2012

Company: Nectar Power (aka Lilliputian Systems)

Source: MarketWatch

WILMINGTON, Mass., May 8, 2012 /PRNewswire via COMTEX/ — Lilliputian Systems Inc. (LSI), a developer of portable power products for consumer electronics, is pleased to announce that it has signed a strategic partnership agreement with Brookstone, Inc. (Brookstone), a multichannel lifestyle retailer and innovative product development company, to launch LSI’s initial product, a revolutionary portable charger for power hungry consumer electronics.

Under the terms of the agreement, Brookstone will be the first retail launch partner for LSI’s portable charging system. Brookstone will be responsible for the marketing, promotion, distribution and sale of the product through their various distribution channels such as catalog, Brookstone.com, and retail stores including airport and mall locations. Lilliputian will be responsible for the product design, development, and manufacturing. The product will be branded and sold under the Brookstone® brand.

“Today’s Smartphones use much more power, increasing the need for a more efficient way to recharge when on the go,” said Steven Schwartz, Vice President of Merchandising and Product Development at Brookstone. “Lilliputian’s groundbreaking technology provides power, wherever and whenever you need it. This breakthrough aligns well with our commitment to innovative solutions that make life easier.”

Read full story at MarketWatch

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