Thank you for submitting (insert name
of product) to (firm) for review and evaluation.
Though we were impressed with the
quality of your product, our marketing review committee has made
decision not to distribute products of
this type at the present time. Should our policies change in the
future, we will consider your product
as a candidate for distribution.
Should you develop or wish to submit
other products in the future that you feel may be of interest to
please feel free to contact us. Again,
thank you for considering (firm) as a potential distributor.