Imaginatik's Idea Central V6 Named ''Trend-Setting Product of 2005'' by KMWorld Magazine; Publication's List Honors Innovative Advances in the Knowledge and Enterprise Content Management Marketplace

Business Wire, August 24, 2005

BOSTON -- Imaginatik, the leader in Idea and Innovation Management, today announced that Idea Central V6 has been recognized as a "Trend-Setting Product of 2005" by KMWorld Magazine. The winning Trend-Setters were chosen by editorial writers as well as a host of analysts and users from C-level executives to entry-level knowledge workers. The panel reviewed more than 1,200 products from more than 200 vendors and judged on their usability, flexibility, adoption rate and total cost of ownership.

"The Trend Setting Products of 2005 is a way for our panel to recognize innovative technology products and services in the industry," said Hugh McKellar, editor-in-chief of KMWorld. "This program allows us the opportunity to acknowledge leading technology companies and their vision toward the future for knowledge and content management."

Imaginatik's dedication to research in the field of Innovation Management has resulted in Idea Central, a world-class software tool that facilitates the innovation process. Idea Central focuses the creative abilities of participants to generate, capture and collaboratively build ideas into viable solutions that create value for the enterprise. Using best practice event-based methodology developed by Imaginatik, Idea Central helps businesses to focus employees' attention around solving a specific business challenge during a finite time period to maximize innovation and increase revenue from organic growth.

"Being recognized as a Trend Setting Product is an honor for Imaginatik as these awards validate our high impact ROI as an application of core knowledge management practices and technology," said Mark Turrell, CEO of Imaginatik and Imaginatik Research. "Innovation is an invaluable competitive advantage, and it is essential that every company leverage its in-house innovation capabilities in order to grow its business. Building on Imaginatik's extensive experience of working with more than 115 of the world's most innovative companies, Idea Central provides a comprehensive solution to support and measure a company's innovation process to create new products, develop process improvements, penetrate new markets and create pioneering business models."

KMWorld features its Trend-Setting Products of 2005 in its September issue. Products represent categories such as content management, document management, collaboration, business process management, portals and records management. A complete list can be located at www.KMWorld.com.

About KMWorld

The leading information provider serving the Knowledge Management systems market, KMWorld (with a focus on Content, Document and Knowledge Management) informs more than 51,000 subscribers about the components and processes - and subsequent success stories - that together offer solutions for improving business performance.

About Imaginatik

Imaginatik is the long-time leader in enterprise Idea Management. Its flagship solution, Idea Central, is designed to elicit ideas and insights from employees and extended enterprise partners, provide a shared collaborative space to develop ideas, and is equipped with sophisticated tools to evaluate and select the top ideas for implementation. Idea Central has won numerous awards, and is in use at clients such as Georgia-Pacific, W. R. Grace, ChevronTexaco, Bayer AG, and Goodyear Tire & Rubber. Imaginatik's software and services have helped clients discover significant sources of additional revenue, as well as tangible cost savings, process improvements and an increased product pipeline. Imaginatik is also committed to developing strategic solutions in the field of innovation working with academic institutions such as the London Business School and the Cass School of Business, London, and leading practitioners of corporate innovation. To learn more about Imaginatik and Idea Central please visit www.imaginatik.com or call (617) 275-7140.

Imaginatik and Idea Central are trademarks of Imaginatik Ltd.