Innovation Index Group Announces Buy Recommendations for AAPL, AMX, AMZN, BBY, COST, CSCO, EBAY, GE, GOOG, HPQ, IBM, INTC, MCD, MMM, MRK, MSFT, NKE, PG, RIMM, T

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Innovation Index Group, Inc. (IIG) systematically identifies, tracks and invests in the 20 most innovative publicly traded companies in North America -- collectively called The Innovation Index. IIG thoroughly analyzes the Top Innovators in North America, and only invests in those that show the highest potential for growth and minimize the risk to the principal. IIG makes the following BUY recommendations for the Top 20 Innovators of The Innovation Index with Target Price for Q4, 2008.

Innovation Index Group, Inc. (http://www.InnovationIndexGroup.com) systematically identifies, tracks and invests in the 20 most innovative publicly traded companies in North America -- collectively called The Innovation Index. Innovation Index Group thoroughly analyzes the Top Innovators in North America, and only invests in those that show the highest potential for growth and minimize the risk to the principal.

Innovation Index Group makes the following BUY recommendations for the Top 20 Innovators of The Innovation Index with Target Price for Q4, 2008:

The Top 20 Innovators              Ticker     Recommend    Target Price
APPLE INC             AAPL             BUY                $235 - $250
AMERICA MOVIL             AMX                BUY             $80 - $85
AMAZON INC             AMZN             BUY             $95 - $100
BEST BUY INC             BBY             BUY             $55 - $60
COSTCO WHOLESALE CORP             COST             BUY             $75 - $80
CISCO SYSTEMS INC             CSCO             BUY             $30 - $35
EBAY INC             EBAY             BUY             $35 - $40
GENERAL ELECTRIC CO             GE             BUY             $40 - $45
GOOGLE INC             GOOG             BUY             $675 - $745
HEWLETT PACKARD CO             HPQ             BUY             $58 - $63
IBM             IBM             BUY             $120 - $125
INTEL CORP             INTC             BUY             $27 - $32
MCDONALDS CORP             MCD             BUY             $64 - $69
3M CO             MMM             BUY             $94 - $99
MERCK & CO INC             MRK             BUY             $58 - $63
MICROSOFT CORP             MSFT             BUY             $38 - $43
NIKE INC             NKE             BUY             $77 - $82
PROCTER & GAMBLE CO             PG             BUY             $79 - $84
RESEARCH IN MOTION LTD             RIMM             BUY             $135 - $145
AT&T INC             T             BUY             $43 - $48

Target Price - Q4, 2008     

About Innovation Index Group:
Innovation Index Group, Inc. is a new investment management company focused on systematically identifying, tracking and investing in the most innovative publicly traded companies in North America -- collectively called the Innovation Index. We have developed the Innovation Index Fund, LLC as our first vehicle to invest in the Innovation Index. Over the past six years, the Innovation Index has generated a gross average annual return of 40%.

Innovation Index Group, Inc. and Innovation Index Fund LLC are registered California Corporations, and member of the Irvine Chamber of Commerce in Orange County. Further, Innovation Index Fund LLC is a private placement investment partnership organized under the California state regulations.

About The Innovation Index
The Innovation Index introduced in December 2006 is a weighted stock price index of the top 20 Innovators in North America.

The Innovation Index returned 66% in 2007, and returned 174% over the previous five years (2002-2006). This assumes equal investment in each stock of The Innovation Index as of December 31, 2001. An average of $100 invested in The Innovation Index on December 31, 2001 returned $454 as of December 31, 2007. By comparison, $100 invested in S & P 500 returned 28% or $129, $100 invested in NASDAQ returned 34% or $136, and $100 invested in the Dow Jones Index returned 30% or $131 through December 31, 2007. The Innovation Index beats the S & P 500, NASDAQ and Dow Jones Index by more than seven times over the past six years.*

Alphabetical list of the Top 20 Innovators of The Innovation Index for 2008 and their stock ticker symbols:

3M Company - (NYSE: MMM)
Amazon.com, Inc. - (NASDAQ: AMZN)
America Movil - (NYSE: AMX)
Apple Inc. - (NASDAQ: AAPL)
AT&T Inc. - (NYSE: T)
Best Buy Co., Inc. - (NYSE: BBY)
Cisco Systems, Inc. - (NASDAQ: CSCO)
Costco Wholesale Corporation - (NASDAQ: COST)
eBay Inc. - (NASDAQ: EBAY)
General Electric Co. - (NYSE: GE)
Google Inc. - (NASDAQ: GOOG)
Hewlett-Packard Co. - (NYSE: HPQ)
Intel Corporation - (NYSE: INTC)
International Business Machines Corp. - (NYSE: IBM)
Merck & Co., Inc. - (NYSE: MRK)
McDonald's Corporation (NYSE: MCD)
Microsoft Corporation - (NASDAQ: MSFT)
NIKE, Inc. - (NYSE: NKE)
Research In Motion Limited - (NASDAQ: RIMM)
The Proctor & Gamble Company - (NYSE: PG)

The Innovation Index will analyze the positions and standings of the Top 20 Innovators at the end of each year. For 2008, there will be no further changes in The Innovation Index.

Disclaimer: The Innovation Index Group, Inc. invests in the stocks comprising The Innovation Index.
*Past Performance Does Not Guarantee Future Results

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Sanjay Dalal
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