This article describes how a special kind of academe-industry collaboration--based on a joint appointment agreement between a university and an industry site--was set up, promoted, and experienced by a professor of technical communication and his student interns. To illustrate the nature and value of this kind of collaboration, the article discusses several of the professor's research projects, and the teaching scenario connected with this collaboration, as well as the experience of the student interns. The keys to success for such an exchange are to (a) create a clearly structured agreement that is easy for both parties to implement within their respective institutions, (b) promote the agreement to administrators and employees at both institutions, and (c) launch into the exchange with enthusiasm for learning, networking, and finding research projects.