Press Release



Pcubed Announces Partnership with Spigit

Spigit Allies with Leading Global PPM Consulting Firm

PLEASANTON, CA--(July 20, 2010) -  Spigit, the leader in collective idea management software and Pcubed, an established project, program and portfolio management consulting firm, today announced a partnership to provide companies with an idea management solution that combines both social technology and a portfolio of services that leverage the collective intelligence within organizations, and aligns innovation with corporate culture, strategy, trends and execution.

"This relationship with Spigit is an important step in the right direction. Their platform will help us offer idea management solutions to optimize ideation business processes and workflow," explains Hans van Eck-Casteels, Vice President of Canada and Innovation Strategy at Pcubed. "With the goal of enlightening companies world-wide on the importance and impact of social technologies, and the impact of such technologies on their investments, clients and the way they do business, partnering with Spigit just made sense. The software's ability to engage people in the conversation through the use of Web 2.0 tools and keep the conversation going is critical to ideation and innovation within companies today."

Since inception in March 1994, Pcubed has worked with many of the world's leading Fortune 500 companies to overcome organizational challenges and deliver success on the most complex and critical programs. Success has been seen in hundreds of clients worldwide across all major industries and within most of the world's largest organizations.

"Our new relationship with Pcubed reaffirms the viability of Spigit's approach to social tools and idea management," explains Jim Heilig, Executive Vice President of Sales for Spigit. "Pcubed's expertise in project and portfolio management will help ensure that customers maximize the value of Spigit's advanced analytics to uncover truly game-changing ideas."

About Pcubed
Pcubed has successfully provided portfolio, program and project management consulting services to over 600 companies and government departments including over 100 Fortune 500 firms, thereby creating significant shareholder value. Pcubed is part of a close knit group of partners working with Microsoft Project 2010 and Microsoft SharePoint Server 2010 teams. Pcubed has 11 offices in seven countries and is headquartered in the USA. To learn more about Pcubed solutions please visit: www.pcubed.com or contact Pcubed directly at +1 226-339-4792 or +44 (0) 207 462 0100, or email hans.casteels@pcubed.com

About Spigit
Spigit is the leading provider of collective idea management software, connecting employees, customers and business partners for innovation and insight discovery. Using enterprise-grade social technology, Spigit's software taps into the collective intelligence of an organization and transforms it into actionable, predictive information. By incorporating incentives, idea graduation, idea trading and real-time analytics, Spigit allows companies to harness the social capital within. Our technologies are used by the largest and most innovative companies in the world including: Pfizer, AT&T, Southwest Airlines, Allstate, AAA, and Lloyds TSB. Spigit currently powers innovation projects at numerous Fortune 2000 companies and has been named Best of Software Interop 2008 and is listed on the AlwaysOn Global 250 list, the power list of the top 250 private global technology companies. For more information, visit www.spigit.com.

Company Contact:

Brian Wick
Spigit
925.452.6529
bwick@Spigit.com