Inovo is taking its innovation practice to India by establishing a collaborative partnership with Avalon Consulting of India. Inovo and Avalon will work together to create an advanced innovation practice in India to serve both India-based companies, and North American companies doing business in India. Avalon will take Inovo's innovation process, methods and tools, The Inovo Way™, configure them for India's business community, and build an innovation practice in India. Inovo will support Avalon and participate in the innovation projects undertaken in India and the Middle East where Avalon is well established.

Inovo and Avalon are initiating their first joint innovation project for a global, Fortune 50 company that has targeted India as a key focus area expected to become a major region for new opportunities and growth. This project will create a new innovation process for the client that is specifically suited to the India culture, industries and markets. Activities are already underway to train an India based team and establish the tools and mechanisms to support the collaborative partnership.

"Our clients have been asking us if we could help them implement our innovation process in other parts of the world." states Larry Schmitt, Inovo's president and co-founder, "With our Avalon partnership, we are now positioned to offer an innovation service that is at the top of every CEO's priority list in one of the most exciting growth areas in the world. With this partnership, we will be able to offer deep insight into the India customer and discover new opportunities within India that are the basis for new innovations"

Avalon Chairman Raj Nair states "Innovation is one of the top things that our clients have been asking about and, with this partnership, we are now able to address their needs with the best and most compelling process available. We are excited about our new partnership with Inovo and expect tremendous growth as a result."

Avalon Consulting was established in 1989 to provide strategy, marketing and management consulting services to companies in India and to companies doing business in India. It has a strong consulting practice focused on India and the Middle East as well as a division focused on global market research services called Avalon Global Research.

Inovo was established in 2001 to develop, apply and teach the processes of innovation. Since 2001, Inovo has created a comprehensive and effective front-end process that companies use to create new growth opportunities and insure that they remain innovative. Inovo works with all sizes and types of companies in all industries to help implement and run front-end innovation projects and activities.

May 2008