Ali Hussein, InnoCentive's Chief Marketing Officer to Speak At Red Herring Asia 2006 Conference, InnoCentive, a Leading Global Innovator is among the Companies Spotlighted at the Conference

Hong Kong S.A.R

InnoCentive, Inc., which pioneered the first and largest online scientific network that brings together leading corporations and scientists from around the globe to solve R&D challenges, has announced that its chief marketing officer and vice president of global markets, Ali Hussein, has been selected as a member of a keynote roundtable panel at the upcoming Red Herring Asia 2006 conference that takes place August 28-30 at The Four Seasons Hotel in Hong Kong. Mr. Hussein's panel is scheduled for Tuesday, August 29, at 10 a.m. and will discuss "Global Launch: Strategies for Entry."

Themed "Meet Asia's Innovators," Red Herring will bring together over 200 C-level entrepreneurs, corporate strategists and venture financiers from the technology industry in Asia.

Commenting on the conference, Hussein said, "True to the Red Herring tradition, this conference, with its theme of innovation, promotes hot and innovative technologies and ideas, and as such, is the perfect venue for InnoCentive. China and all of Asia are essential to our global marketing strategy. We have developed extensive relationships with governmental and academic institutions in many countries and these relationships have proven to be extremely valuable in fostering the exchange of scientific ideas and information. This is the heart of InnoCentive's business; the open, global exchange of information to promote scientific innovation."

About InnoCentive

InnoCentive is the first online forum that allows world-class scientists and science-based companies to collaborate in a global scientific community to achieve innovative solutions to complex challenges. Companies including Dow AgroSciences, Eli Lilly and Company, Procter & Gamble and others, which collectively spend billions of dollars on R&D, post scientific problems confidentially on the InnoCentive Web site where over 100,000 scientists and scientific organizations in more than 175 countries can solve them. Scientists who deliver solutions that best meet InnoCentive's challenge requirements receive financial awards ranging up to and over $100,000. To learn more and to register as an InnoCentive Solver, visit the InnoCentive Web site at www.innocentive.com.

InnoCentive and InnoCentive Challenge are registered trademarks of InnoCentive, Inc. Other product or service names mentioned herein are the trademarks of their respective owners.

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CONTACT: InnoCentive Ali Hussein 978-482-3366 (Chief Marketing Officer, Vice President of Global Markets) or Media Contact for InnoCentive Tara Bal 510-226-6780 ext. 162 innocentive-pr@e21corp.com

Source: Business Wire (Business Wire India)