April 25, 2008 09:18 ET Announces the Release of InnovationQ 3.1

AMHERST, NY--(Marketwire - April 25, 2008) - formally announces the latest release of InnovationQ,'s enterprise software solution for intellectual property and innovation management, at the Bio-IT World conference in Boston. This release, version 3.1, adds several major new features to the InnovationQ platform.

InnovationQ helps companies to safeguard their intellectual property, derive more value from ideas, and speed the monetization of innovation. With streamlined processes and a secure system for managing innovation, InnovationQ effectively protects and enhances intellectual property from its earliest stages.

Version 3.1 incorporates collaborative features within the InnovationQ platform. With InnovationQ, users can now efficiently communicate as a team in an environment that secures their ideas as intellectual property. Combined with the workflow engine and document management capabilities, InnovationQ delivers full-featured innovation and intellectual property management solutions.

"InnovationQ 3.1 will enable our clients to manage innovation in a much more efficient and cost effective manner," says Thomas Colson, CEO of " is making it easier and easier to capture innovation at a very early stage and create much needed visibility of new ideas to reviewers and decision makers."

Also released in InnovationQ 3.1 are new user modules. In addition to the existing Invention Disclosure Review and Trade Secret Management modules, InnovationQ also includes an extensive Publication Clearance module, R&D Collaboration module, and a Standards Management module. configures these user modules to customer specifications yielding an application that is unique to customers without custom development.

Contact Information

  • Contact information:
    Mark Didas
    Marketing Director
    716-362-4562 x-109

    Tom Petrocelli
    Senior VP, Enterprise Software
    716-362-4562 x-117