Thank You for Product Unacceptable Summary Attached
Thank you for submitting [insert name of product] to our company for review and evaluation.
Based on the results of our technical evaluation, our marketing review committee has made the decision not to accept your product for distribution at this time. A copy of our Evaluation Summary Sheet is attached for your information.
Should you develop or wish to submit other products in the future that you feel may be of interest to us, please feel free to contact us. Again, thank you for considering [firm] as a potential distributor.