FOR IMMEDIATE RELEASE

Appleton, Wis. (August 13, 2008) — Innovationedge, a global strategic innovation consultancy, has announced the addition of Mike Italiano to their innovation strategy team. As Director of Business Development, Italiano will help clients create new products, services and business models by leveraging structured open innovation techniques to discover, analyze and define new partnerships, alliances, and business propositions.

“As a new leader on the Innovationedge team, Michael will provide an in-depth understanding of our clients’ needs, market trends, and innovative business propositions that generate outstanding experiences for their customers,” said Cheryl Perkins, president and founder of Innovationedge. “We are pleased that his expertise and excitement for new inventions, brokering, and deal structuring will broaden our market reach and positively impact our current and future clients.”

Italiano is an experienced professional with over 16 years of leadership experience in strategic business, cross-functional team leadership, deal-structuring, negotiation and execution, and strategic alliance management. He is passionate about creating value through business development and open innovation.

Prior to joining Innovationedge, Italiano held many senior management positions, including leading Kimberly-Clark’s Business Development, Global Alliances and Technology Acquisitions team. Prior to his tenure with Kimberly-Clark, Michael was Director, Corporate Development with Schwarz Pharma, Inc. where he was involved in a series of high-value transactions leading up to the ultimate sale of the Schwarz Group. Italiano began his career with Deloitte & Touche and subsequently spent several years in various financial positions with Cooper Power Systems, Inc., a division of Cooper Industries.

Italiano earned his MBA from the University of North Carolina and his Bachelor of Business Administration in Accounting, Magna cum Laude, from the University of Wisconsin-Whitewater. Although no longer currently practicing finance and accounting any, he is both a Certified Pubic Accountant and a Certified Management Accountant.

About Innovationedge:
Innovationedge is a global strategic innovation consultancy based in Wisconsin. The team’s fearless champions of innovation break barriers to help executives define their business strategy, develop new capabilities, design a winning organizational structure, and deliver breakthrough innovations through a robust growth pipeline of solutions and new-to-the-world innovations. The company also gives inventors an edge by crafting winning business propositions and creating strategic corporate partnerships that deliver commercial success. For more information, visit Innovationedge.com.

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