Frost & Sullivan Honors Invention Machine With 2011 Global Innovation Management Award

Invention Machine today announced the research firm Frost & Sullivan has recognized Invention Machine to be top of the class in the Innovation Management Solutions Market, awarding Invention Machine the 2011 Global Innovation Management Customer Value Enhancement Award.

Frost & Sullivan's Best Practices Awards recognize companies for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development.

In its Best Practices Award Analysis, Frost & Sullivan notes "while there are several idea capture and management software providers, these companies do not offer the comprehensive coverage provided by pioneering organizations like Invention Machine's Goldfire platform." Frost & Sullivan concludes: "Invention Machine's strong technology-backed solution [Goldfire], diverse implementation experience and consistent customer success delivered designates Invention Machine as one of the most prominent solution providers in the innovation management solutions market."

"This award is an important recognition of Invention Machine and the Goldfire solution," stated Mark E. Atkins, Chairman, President and CEO of Invention Machine. "It is also a great confirmation of our continued efforts to deliver value-driving software that enables companies to deliver superior, competitively differentiated products in less time -- and at less cost."

About Invention Machine
Invention Machine provides software that helps organizations leverage knowledge to accelerate innovation, increase productivity and deliver superior products. Robert Bosch, Johnson & Johnson, Honeywell, Samsung, Arkema, Statoil and hundreds of other organizations use Invention Machine's Goldfire to collaboratively develop new products, find new markets, and improve products and services that materially impact top and bottom line performance.