NineSigma Taps Denys Resnick to Lead New Open Innovation Services Team

PRLog (Press Release) – Apr 16, 2008 – CLEVELAND, Ohio – NineSigma, the leading provider of open innovation (OI) solutions, today announced the appointment of Denys Resnick as engagement manager. Resnick will lead the company’s services team, which is responsible for helping clients negotiate and build long-term, cross-functional business relationships with solution providers around the world. Resnick’s team delivers a customized, completely facilitated program that leads clients through the assessment and acquisition of OI technologies.

Resnick brings more than 20 years of manufacturing and business development experience working with global companies, including RPM, Faber Castell, and FedEx. Prior to joining NineSigma, Resnick founded TradeQuest, Inc., a consulting firm dedicated to creating and implementing global business strategies for international manufacturing and service companies.

“Denys has the right combination of experience and expertise to lead our services team,” said Paul Stiros, president and CEO of NineSigma. “Her working knowledge and successful track record in manufacturing and business development will prove invaluable as we continue to demonstrate the value of our open innovation services, and help our customers to identify and build strategic partnerships with solution providers worldwide. We look forward to Denys’ ongoing contributions to the services team and the overall success of NineSigma.”

“NineSigma presents a great opportunity to bring together businesses, entrepreneurs, educators and scientists to truly ignite innovation,” added Resnick. “NineSigma serves as a catalyst for making open innovation a reality within our clients’ businesses, and my goal is to help them create the relationships with solution providers that will accelerate the OI process. By leveraging our best practices and experience, we serve as a driving force for our clients as we steer them through decision gates and help eliminate barriers to success. As more companies turn to open innovation for new products and services, we have a tremendous team in place to help them capitalize on the opportunities.”

Resnick earned a bachelor’s degree in international relations from Tufts University and a master’s degree in international business and finance from New York University.

For more information on NineSigma’s service offerings, please contact (216) 295-4800 or visit www.ninesigma.com.

About NineSigma
NineSigma partners with Global 1000 companies to transform their innovation capabilities by connecting them with the very best innovators from around the world. NineSigma’s proprietary process for Open Innovation enables companies to dramatically improve speed to market while lowering product development costs. NineSigma’s open network of innovators is the largest of its kind and spans industries, geographies, and technical disciplines. Companies such as Xerox, GlaxoSmithKline, DuPont, Kraft, P&G and Unilever engage NineSigma to build new innovation capabilities that leverage research and innovation globally to deliver greater value to their customers. NineSigma is a private company with offices in the United States, Belgium and Japan. For more information visit: www.ninesigma.com.