Dépêches

Innovaro, Inc. Begins Four New Client Relationships

Dépèche transmise le 25 avril 2012 par Business Wire

TAMPA, Fla.--(BUSINESS WIRE)--Innovaro, Inc. (NYSE Amex: INV), The Innovation Solutions Company, announces that it has reached agreements with four newly added clients to provide innovation consulting services through Strategos, its consulting services division.

The new agreements are with three companies based in the United States – a major consumer products company, a leader in packaging products, and a fuels marketer – and with a global cosmetics company based in Europe.

Strategos will work with each client to identify differentiated offerings and business models that provide unique benefits for customers, as well as to increase each client organization’s capabilities for innovative thinking and action. Aggregate value of this phase of the engagements is approximately $1.4 million.

Gary Getz, Strategos Managing Director and global practice head said, “While every client engagement receives our full and enthusiastic attention, it is particularly exciting to launch new client relationships. We are appreciative to each of these companies and their management teams for their confidence in Strategos, and hope that each of these assignments represents the first of many with these companies. Only Strategos brings both 15 years’ experience helping leading companies around the world build capabilities to address their toughest innovation and strategy challenges and the proven, proprietary Strategos principles, toolkit, and tacit knowledge that make it work.”

About Innovaro, Inc.

Innovaro is The Innovation Solutions Company. The focus of our business is to help clients innovate and grow. Innovaro offers a comprehensive set of services and software to assure the success of any innovation project, regardless of the size or intent. The Company’s unique combination of consulting services provides innovation expertise, its new LaunchPad software product provides an integrated innovation environment, and Intelligence and Insights services provide businesses the innovation support to drive success. For more information about Innovaro, please visit its website at www.innovaro.com.

Forward-Looking Statements

Certain matters discussed in this press release are “forward-looking statements.” These forward-looking statements can generally be identified as such because the context of the statement will include words such as “expects,” “should,” “believes,” “anticipates” or words of similar import. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements and these factors are identified from time to time in our filings with the Securities and Exchange Commission. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This press release is available on Innovaro’s website www.innovaro.com.