Start Now! Create on line tests, quizzes, surveys and exams in minutes!

2007-07-12 News Release

Web www.jobwerx.com jobwerx.tradepub.com

Goldfire Innovator software provides innovation platform

Agreement by Leggett with Invention Machine to improve organic growth, with Goldfire Innovator software, by increasing the focus on product and technology development.

Innovation software provider Invention Machine Corp., Boston, Mass., announces a strategic relationship to all of diversified manufacturer Leggett & Platt that will expand the use of the company's Goldfire Innovator software. This relationship enables accelerated implementation of Leggett's "WIN 70/30" innovation strategy announced earlier this year, and will help Leggett more effectively uncover technology synergies and drive innovation across the enterprise.

T he "WIN 70/30" strategy, for Worldwide Innovation Network, Leggett expects 70% of all new innovation ideas to come from within and 30% of its new ideas, technologies, and products to come from external sources. A key element of the strategy is to put in place an innovation platform to ensure that innovation is repeatable and sustainable. Invention Machine's Goldfire Innovator software provides that platform.

"Goldfire Innovator gives us the ability to uncover technology synergies across our many business segments. Our diversity of technologies and products provides Leggett competitive advantages in creating unique innovations. Goldfire Innovator also enables us to research and refine the new ideas that are being submitted to Leggett for product enhancement and new product development. The software allows us to create a Virtual Research Center within Leggett. We have global research capabilities literally at our finger tips. Goldfire Innovator has become an integral part of our innovation strategy", said Vincent Lyons, Leggett's Vice President of Engineering & Product Development and President of the Machinery & Technology Group.

"Invention Machine's unique software is designed to accelerate product innovation and idea generation so engineers can quickly create new products that positively impact the bottom line," said Mark E. Atkins, Chairman, President and CEO of Invention Machine. "We look forward to broadening our support of Leggett's quest to continually develop cutting edge products and enhance its leadership position in key industries." With this new agreement, Leggett will be expanding use of the software to all of its 28 business units, fostering innovation across the entire enterprise.

Read a recent press release about - The Integrative Simulation technique of highly complex metals, plastics and structural foam parts can be computed more effectively.

Product Development Jobs - Post Employment Opportunity!

E-mail this page to a friend

- Group investment in nanotechnology sector

- Certification, Training and Courses from The American Management Association

- Small Quantity Specailist - Plastics, Metals, Tool Steel and ...

- Looking for a Study Program?

- All this Months News

- Changing Jobs? View a Wide Range of Real Estate Nationwide

- 2007 Ad-Aware release - anti-spyware protection

- Golf Equipment Manufacturer -Buy Direct and Save!

Copyright - Unless otherwise stated all contents of this web site are © 1998/2007 JOBWERX.COM. – All Rights Reserved. For permission to reproduce any contents of this web site, please advise our Syndication department: Log onto HELP