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NineSigma Innovation Alliance Program Surpasses 1 Million Members
Growing Membership Expands Industry's Largest Open Global Network of Innovation Solution Providers
| Source: NineSigma, Inc.
CLEVELAND, OH--(Marketwire - June 17, 2008) - NineSigma, the leading provider of open innovation
solutions, today announced that its Innovation Alliance Program has
surpassed more than 1 million members. The Innovation Alliance Program is a global network of scientists and
technologists representing a variety of countries, disciplines and
industries. The network is part of the company's worldwide network of
solution providers that respond to NineSigma's requests for proposals and
solutions on behalf of Global 1000 companies.
The Alliance Program's growth allows NineSigma to further its mission of
connecting innovation
seekers with the largest network of potential solution providers.
The more than 1 million members actively contribute innovative ideas,
technologies, products and services to NineSigma's clients that are looking
to develop new technologies or enhance current products.
"NineSigma is leading the wave of open innovation and is dedicated to
providing our clients with the best technologies and solutions from
innovators around the world," said Paul Stiros, president and CEO of
NineSigma. "Surpassing the 1 million member mark for our Alliance program
is a huge accomplishment for NineSigma and is a testament to the reputation
that NineSigma is building around the globe as the leading innovation
solution provider. While we have a vast membership, we have just scratched
the surface of the potential of our Alliance program and look forward to
continuing to find new partnerships that can help our clients."
Unlike its competitors, NineSigma makes its clients' requests for proposals
and solutions available to the broadest and most open global network. This
approach allows clients to achieve the widest range of solution approaches
for their product developments. Alliance members can realize a variety of
compensation arrangements with NineSigma clients, including R&D contracts,
licensing agreements, product acquisitions and joint development.
For more information about NineSigma's Innovation Alliance Program, visit
http://www.ninesigma.com/solution-providers/innovation-alliance-program or
contact Charles Brez, vice president of Innovation Alliances with
NineSigma, at 216-295-4805.
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.