InnoCentive Signs Agreements with Six New Chinese Universities; Partnerships Highlight InnoCentive's Growing Commitment to Chinese Scientific Community

InnoCentive, Inc. today announced that it has signed
agreements with six new Chinese universities. The new agreements
highlighted the recent trip to China by Ali Hussein, InnoCentive's
Chief Marketing Officer, Vice President of Global Markets. The
agreements were signed with Zhejiang Normal University, Zhejiang
University of Technology, Northeast Normal University, XiJiang
University, Inner Mongolia Normal University and Inner Mongolia
University. InnoCentive now has agreements with 25 Chinese
universities, including the prestigious Chinese Academy of Sciences
(CAS) and the National Natural Science Foundation of China (NSFC).
"Innovation and scientific collaboration are hallmarks of
InnoCentive's business model," said Ali Hussein. "These agreements
further demonstrate our growing ties with the Chinese scientific and
academic communities. And as importantly, the agreements demonstrate
our continued commitment to our global clients to provide the best
scientific minds available to solve the challenges posted on our Web
site. In fact, the diversity of our intellectual pool to tap solutions
is a key strength of our network."
InnoCentive has developed a solid global brand with their unique
virtual R&D network of nearly 100,000 scientists spanning more than
175 countries that has greatly helped companies reduce the escalating
costs and shorten the time required to bring products to market.
InnoCentive's goal is to further advance scientific research and
collaboration in worldwide markets.

The Chinese Academy of Sciences

The Chinese Academy of Sciences is the national academy for
natural science, technological science and high-tech innovation of
China. Headquartered in Beijing with institutes all over China, the
CAS is comprised of five academic divisions, 108 scientific research
institutes, over 200 science and technology enterprises, and more than
20 supporting units including one university, one graduate school and
five documentation and information centers. Membership in the Academy
represents the highest level of national honors for scientists.

About InnoCentive

InnoCentive is the first online forum that allows world-class
scientists and science-based companies to collaborate in a global
scientific community to achieve innovative solutions to complex
challenges. Companies including Dow AgroSciences, Eli Lilly and
Company, Procter & Gamble and others, which collectively spend
billions of dollars on R&D, post scientific problems confidentially on
the InnoCentive Web site where nearly 100,000 scientists and
scientific organizations in more than 175 countries can solve them.
Scientists who deliver solutions that best meet InnoCentive's
challenge requirements receive financial awards ranging up to and over
$100,000. To learn more and to register as an InnoCentive Solver,
visit the InnoCentive Web site at www.innocentive.com

InnoCentive and InnoCentive Challenge are registered trademarks of
InnoCentive, Inc. Other product or service names mentioned herein are
the trademarks of their respective owners.