I (a UK developer) just dealt with a company who were interested in my Pretext software, which finds text in images. I rang at 2PM their time when I rang, and when his development committee finally rejected me after a month of waiting, he said "You have written very capable and useful software - however, we want to develop in-house", I was polite and said goodbye, etc.
Everything to gain. Nothing lost but a couple transatlantic phone calls.