Spigit to Showcase Innovation-Focused Enterprise Social Networking Platform at World Business Forum

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Historic Global Business Event Provides Ideal Forum for Addressing the Future of Innovation Management

Spigit, the leader in social productivity software for the enterprise, announced today that it will showcase its flagship InnovationSpigit 2.0 platform for enterprise innovation management Tuesday, Oct. 6 through Wednesday, Oct. 7 during the 6th annual World Business Forum at New York's Radio City Music Hall.

Considered the best global forum in the United States, the World Business Forum brings together top business, political and academic experts to address the most pressing issues of the day. This year's impressive lineup of speakers includes influential leaders and global experts on the hot-button issues of the economy, energy and international trade and relations. The lineup includes President Bill Clinton, world economist Paul Krugman, energy tycoon T. Boone Pickens, management and innovation expert Gary Hamel, and award-winning filmmaker George Lucas.

"Businesses and the world at large are experiencing unprecedented challenges. The accelerating pace of change across industries, and critical global issues such as the financial crisis, energy and healthcare, require collaborative and creative solutions," said Paul Pluschkell, CEO and founder of Spigit. "That's why we're proud to sponsor the World Business Forum. But these challenges obviously cannot be solved in two days. Tools like InnovationSpigit enable the conversation, collaboration and problem-solving to continue well after the lights go down on this event."

Based on the popular social software model, InnovationSpigit is the first innovation management platform designed to nurture innovation with community approach within a complete social networking-style package. The platform creates an environment, accessible from anywhere with an Internet connection, which allows companies, organizations and teams to leverage the intellectual assets of participants to optimize the innovation process and arrive at effective solutions. Using InnovationSpigit, participants around the world can contribute ideas, offer feedback and evaluate concepts to help streamline idea generation and reveal actionable intelligence.

By mashing up social media-style collaboration with corporate-driven metrics and reporting features, InnovationSpigit enables participants to take an active role in future planning and fosters a culture of innovation where input from all perspectives is not only welcomed, but encouraged.

Spigit's award-winning innovation solutions are already in use by several Fortune 2000 companies and other well-known brands at the forefront of innovation, including IBM, Pfizer, Lloyds Banking Group, MedPlus, Walmart, Southwest Airlines and Choice Hotels International. The company was recently named to InformationWeek's Startup 50 list of the top business technology startups as selected by readers and editors.

For more information about Spigit's award-winning innovation solutions, visit http://www.spigit.com.

For more information about the 2009 World Business Forum visit http://us.hsmglobal.com/contenidos/uswbfhome.html.

About Spigit
Spigit is the leading developer of social productivity software for enterprises to drive innovation and empower decision makers. Spigit's product offerings range from the intra-enterprise InnovationSpigit(TM) to its customer-facing IdeaSpigit solutions. Spigit currently powers innovation projects at numerous Fortune 2000 companies and has been named Best of Software Interop 2008 and is listed on the AlwaysOn Global 250 list, the power list of the top 250 private global technology companies. For more information, visit http://www.spigit.com.

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Tony Keller
Spigit
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