Cambrian House Inc. Announces 1000th Idea Ranked

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Crowdsourcing community approves and ranks 1000th idea in 23 days from which the next Google or Myspace may emerge

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The company floats and sinks on the participation of the community, and they’re clearly participating.

Cambrian House Inc., a Calgary-based software company with a unique crowdsourcing business model, announces that it has accepted and ranked its 1000th idea after only being live for 23 days. “We’ve tapped a goldmine,” remarks Michael Sikorsky, CEO of Cambrian House. “Yes, there’s refining to be done, but there’s gold in this ore and we feel our community will find it.”

Comprised of a vast array of ideas such as a web chat translator (ranked #4) to a what-would-MacGyver-do community site (ranked #862) the IdeaWarz section of the site has become the centre of attention. Users are faced with making a choice between two ideas – with one winning the war and the other losing, each outcome changing the eventual battle score which is a component to the idea’s rank.

The community’s participation is enormously important within the crowdsourcing business model. Because it is the crowds who submit, rank and develop ideas, their involvement is paramount. “We have nearly 3000 active community members and their enthusiasm and involvement in idea submission and ranking is a clear demonstration that people believe in our business model,” remarks Sikorksy. “The company floats and sinks on the participation of the community, and they’re clearly participating.”

Cambrian House’s IdeaWarz can be found at http://www.cambrianhouse.com/idea-warz/

About Cambrian House

Headquartered in Calgary, Canada - Cambrian House opened its doors on February 1, 2006. Using the internet to harness the wisdom and participation of crowds, Cambrian House seizes creative software ideas from the ether and builds them into real software. With the use of online market testing, Cambrian House then objectively determines if an idea should be built or be terminated at conception.

Visit http://www.cambrianhouse.com for more information.

If you require additional information or have any questions or concerns, please contact:

Cambrian House

Michael J. Sikorsky, CEO

Tel: 403-263-2042

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Peter Koizumi
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