NineSigma Names New Program Manager

CLEVELAND, OH – September 7, 2005 – NineSigma, Inc., a Cleveland, Ohio-based innovation sourcing firm, announced today the hiring of Herbert T. Young to the position of Program Manager. NineSigma serves the global research and development industry by facilitating open innovation strategies for clients seeking to acquire technical innovations developed outside their organization. This new hiring supports the company’s aggressive growth from new clients and expanded client accounts, particularly in the food and consumer products industries.

Mr. Young comes to NineSigma with over 30 years of experience with Procter & Gamble in various research, technical, and management roles including most recently Product Development Section Head for a variety of Food Technology business divisions. In his role, Young will focus on his core competencies of processing and process development. “I am excited to work with NineSigma’s Managed Exchange (M:X™) capability to enable clients to grow their business through the creation of new innovation networks,” said Young.

Mr. Young holds a B.S. in Chemical Engineering from the Rose Hulman Institute of Technology and is a member of TAPPI (the Technical Association of the Pulp and Paper Industry). Mr. Young also holds a number of U.S. patents for innovative processes in Food Technology.

NineSigma facilitates open innovation strategies for Fortune 500 companies seeking to acquire technical innovations developed outside their organization. NineSigma’s clients span a variety of industries including automotive, biomedical, chemical, consumer products, electronics, food, materials, pharmaceutical, and telecommunications among others. Through its proprietary Managed Exchange (M:XTM) process, NineSigma matches technology seekers with unobvious or disruptive innovations that help companies drive top-line growth.. For more information on NineSigma, visit www.ninesigma.com.