SOURCE: NineSigma Inc.
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September 21, 2006 14:45 ET
NineSigma Expands International Operations, Opens a European Sales Office in Germany
CLEVELAND, OH -- (MARKET WIRE) -- September 21, 2006 -- NineSigma, a leading provider of open
innovation solutions to industry, today announced the opening of its first
European sales office. The new office is in Heidelberg, Germany and will be
managed by Karl Massholder, Ph.D.
NineSigma has been expanding its worldwide network of corporate clients and
solution providers to meet the growing demand for managed innovation
services. Fueled by a need to improve their speed to market, many
international companies are looking to organizations like NineSigma to
extend their reach into the global innovation community.
"Europe is an important and strategic market for NineSigma," said Paul
Stiros, President and CEO of NineSigma. "This new sales office is the first
step in a long term plan to expand our services in this technology-rich
region of the world," Stiros added.
Dr. Karl Massholder has worked with NineSigma as a solution provider for
more than two years, bringing technology solutions to NineSigma clients.
"There is a real demand for the management of technological innovation in
Europe," says Dr. Massholder. "This unique opportunity allows me to use my
experience with NineSigma and integrate that with my corporate management
relations to deliver NineSigma's proven process for open innovation to
leading companies throughout Europe," said Massholder.
Dr. Massholder is a successful business leader with significant experience
managing the R&D operations of several international companies. He has been
a Manager of International Operations and Vice President for ERCO Energy
Resources Company, President of UV-Systems Engineering GmbH, Co-Founder and
President of IBL Umwelt und Biotechnik GmbH, and Director and Founder of
UltraKat Plasmatechnik GmbH. Dr. Massholder received an MBA from Harvard
University with an emphasis in the Management of Technological Innovation,
plus a Ph.D. in Social Sciences from Universitat Konstanz. He holds 30
international patents related to plasma and photo chemistry.
Technology innovators, solution providers, and others interested in
learning more about NineSigma can visit www.ninesigma.com or call NineSigma
at 216-295-4800.
Contact information for the new office in Germany is:
NineSigma, Inc.
Hans-Bunte-Str. 10
D-69123 Heidelberg, Germany
+49-6221-7500068
massholder@ninesigmacorp.com
About NineSigma
NineSigma partners with Global 1000 companies to transform their innovation
capabilities by connecting them with the very best innovators from around
the world. NineSigma's proprietary process for Open Innovation enables
companies to dramatically improve speed to market while lowering product
development costs and reducing risk in decision making. NineSigma's open
network of innovators is the largest of its kind and spans industries,
geographies, and technical disciplines. Companies such as P&G, Dupont,
Kraft, and Unilever engage NineSigma to build new innovation capabilities
that leverage research and innovation globally to deliver greater value to
their customers. For more information visit www.ninesigma.com.