Tipp-Ex errors" (German: "Tippfehler"). He subsequently founded a company of the same name. Shortly after that a "Tipp-Ex Sales & Distribution" company (Tipp-Ex Vertrieb GmbH & Co. KG) was founded in Frankfurt by Otto Carls. This company still exists under the name of Tipp-Ex GmbH & Co. KG close to Frankfurt. "Tipp-Ex" became a registered trademark with the German patent office in 1987. Earlier, in 1951, Bette Nesmith Graham invented the first correction fluid in her kitchen and began marketing the product in 1956 as "Mistake Out", later called Liquid Paper. Tipp-Ex GmbH only started to produce white correction fluid in
Michael Nesmith Michael Nesmith Robert Michael Nesmith (born December 30, 1942) is an American musician, songwriter, actor, producer, novelist, businessman, and philanthropist, best known as a member of the pop rock band the Monkees and co-star of the TV series "The Monkees" (1966–1968). Nesmith's songwriting credits include "Different Drum" (sung by Linda Ronstadt with the Stone Poneys). After the break-up of the Monkees, Nesmith continued his successful songwriting and performing career, first with the seminal country rock group the First National Band, with whom he had a top-40 hit "Joanne", and then as a solo artist. He is a noted player of