NineSigma RFS Open Innovation Service Connects Innovation Seekers With "Known" Solutions

Request for Solution Service to Help Bring New Technologies to Market Faster


CLEVELAND, OH--(Marketwire - May 28, 2008) - NineSigma, the leading provider of open innovation (OI) solutions, today introduced its new Request for Solution (RFS) service, which quickly connects innovation seekers with existing and readily available technology solutions. RFS helps companies bring new technologies to market using known solutions from the global innovation community. The RFS is based upon the principles of NineSigma's successful Request for Proposal process, which connects companies to technologies with longer term development cycles.

Companies that use the RFS process come to NineSigma with a need and a belief that a possible solution already exists on the market, yet have not been able to find it within their own network. As part of the RFS process, NineSigma's program management team works with clients to define the business need, which is then crafted into a time-sensitive request and distributed globally to a targeted audience of potential solution providers from multiple industries and technical disciplines.

"The RFS process is a great way for companies to find a missing ingredient or complementary technology that can help complete the development of a company's innovation," said Paul Stiros, president and chief executive officer of NineSigma, Inc. "Clients come to us with a firm belief that an ingredient or technology exists in the public domain, and they are confident that we can help them find it through our proprietary process and unrivaled innovation network. With every RFS that we send, we reach a targeted group of solution providers that are often found outside our clients' circles and communities, and the results continue to validate our approach and methodology."

Once the RFS is posted and distributed, NineSigma continues to serve as an intermediary for the client by collecting the responses and working with them to evaluate and identify applicable solutions. NineSigma can also assist clients in negotiating partnerships, or technology licensing or acquisition with solution providers.

For more information on NineSigma's RFS service offering, please contact (216) 295-4800 or visit www.ninesigma.com.

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