NineSigma to Lead Open Innovation Panel at Frost & Sullivan's 4th Annual Growth, Innovation and Leadership 2008 Event

CLEVELAND, OH--(Marketwire - August 19, 2008) - NineSigma, the leading provider of open innovation solutions for Global 1000 companies, today announced that it is sponsoring a MindShare panel session at Growth, Innovation and Leadership 2008: A Frost & Sullivan Global Congress on Corporate Growth on Monday, September 15, 2008 in San Francisco, California. The panel will be facilitated by Skip Davis, vice president of consulting at NineSigma, and will include executives from Ashland Inc., The Clorox Company, The Coca-Cola Company, EnerSys, Panduit, PerfectMeetings|AGT and ResMed.

The one-hour interactive discussion titled "Powering Innovation through Global Connections" will explore how searching globally for knowledge, capabilities and technologies can help companies reduce risk in new product and technology development. The panelists will share best practices and provide insights into what is working and what to avoid.

"NineSigma has been helping Global 1000 companies implement Open Innovation initiatives for many years, and we are excited about engaging with other companies at the Frost & Sullivan event that share the same enthusiasm for the global innovation community," said Davis. "With the slowing economy many companies are looking for strategies to maximize growth and new innovations to impact product development and overcome current technology challenges. This panel will provide an insiders view into what is being done to capitalize on external sources of innovation and deliver maximum results to the bottom line. The discussion will be a must-attend part of the Frost & Sullivan event."

The panel will provide attendees with the following takeaways:

-- Frameworks and models for connecting with the global innovation community

-- Best practices for engaging a cross-functional technology innovation team

-- Insight on how to best launch an initiative to accelerate innovation in your company

"The global innovation community continues to grow as a valuable source for new ideas and technologies and as a complement to our internal research and development," said Joe Fox, External Technology Leader, Ashland Inc. "We recognized years ago the importance of finding good partners such as NineSigma that can support our company's growth and external innovation initiatives. I look forward to listening to representatives from other companies discuss how they have been successful at tapping the global community for solutions to their technology challenges."

NineSigma's Director of Business Development, Cheryl Eisenhauer, will also be hosting a lunch "topic table" discussion during the event, which will focus on defining and measuring open innovation success. For more information on the Frost & Sullivan event, visit http://www.frost.com/prod/servlet/summits-details.pag?eventid=107066069&as=attend.

About NineSigma

NineSigma partners with Global 1000 companies to help transform their innovation capabilities and overcome business and technology challenges by connecting them with solutions not readily available in the public domain. NineSigma's proprietary process for Open Innovation enables companies to dramatically improve speed to market while lowering product development costs. NineSigma's open network of innovators is the largest of its kind and spans industries, geographies and technical disciplines. Companies such as DuPont, GlaxoSmithKline, Kraft, P&G, Philips, Unilever and Xerox engage NineSigma to build new innovation capabilities that leverage research and innovation globally to deliver greater value to their customers. NineSigma is a private company with offices in the United States, Belgium and Japan. For more information visit: www.ninesigma.com.

Contact Information: Media Contact: Dan Dyer 513-478-7818