SOURCE: NineSigma

July 10, 2007 08:30 ET

NineSigma Expands Innovation Alliance Network With Japanese Association

Global Venture Industry Network Ltd. Partners With Open Innovation Leader to Extend Innovation Alliance Program

CLEVELAND, OH--(Marketwire - July 10, 2007) - NineSigma, a leading provider of open innovation solutions to the enterprise, today announced that Global Venture Industry Network Limited (GVIN), a technology transfer organization based in Tokyo, has joined NineSigma's Innovation Alliance Program, a global network of leading scientists, technologists and innovators. The addition of GVIN, with access to thousands of innovators, involving leading global corporate companies, ventures and SMEs, continues NineSigma's rapid expansion of its global solution provider network to include some of the world's leading thinkers in technology R&D.

Japan is a global leader in technological development and GVIN's extensive network of innovators expands NineSigma's global reach with access to a new, key pool of Japanese researchers, scientists and engineers. Established in 2003, GVIN is a unique association of top Japanese technology companies, led by President and CEO, Dr. Yutaka Kuwahara. Dr. Kuwahara is the former R&D Director at Hitachi and board member and president of Forum Management for Tomorrow, a GVIN partner organization comprised of chief technology officers from over 500 leading technical companies in Japan.

"Many Japanese technological companies are achieving record growth and the demand for rapid innovation is now higher than ever," said Dr. Kuwahara. "There are many patent-minded Japanese companies, and their extensive contributions to innovation will enable NineSigma's global clients to strengthen their R&D efforts. We are very excited about our partnership with NineSigma, and the opportunity to facilitate more global innovation alliances through the open innovation process."

"Partnering with GVIN establishes direct access to technology experts leading innovation for Japanese companies, universities and national institutes," said Paul Stiros, president and CEO of NineSigma. "Through partnerships like this, we dramatically expand our global reach. And, as a result, we foster an open exchange of ideas and business opportunities across borders that may not have been possible before."

NineSigma's unique open innovation process improves speed to market by offering global responses to a full range of technical challenges in a matter of weeks, creating significant product development opportunities and reducing risk in decision making. The Innovation Alliance Program creates value for partners such as GVIN by connecting innovators and researchers with an impressive list of global clients seeking solutions.

For science and technology innovators interested in learning more about NineSigma's network please visit http://www.ninesigma.com/affiliate, or contact Charles Brez, VP of Innovation Alliances with NineSigma, at 216-295-4805.

About NineSigma

NineSigma's unique "Discover-Connect-Solve" approach, based on the principles of Open Innovation, enables Global 1000 clients such as DuPont, P&G, GlaxoSmithKline, Kraft and General Mills to locate, connect and facilitate real business partnerships for bringing inventive new technologies and concepts to the market. NineSigma's open network of innovators spans industries, geographies, and technical disciplines. It is the largest of its kind, and it includes universities, industry leaders, trade organizations, research labs and inventors from around the world.

For more information visit: www.ninesigma.com.

Contact Information

  • NineSigma Media Contact:

    Meghan Journey
    Racepoint Group
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