Aerospace Contract Renewal & Extension

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LONDON and BOSTON – September 21, 2010 –Imaginatik plc (AIM:IMTK), a leading provider of idea management software and innovation consultancy, is pleased to announce the signing of an annual contract renewal and extension with one of the world’s leading aerospace corporations. No financial information has been disclosed due to the commercially sensitive nature of the contract.

The company has been a customer of Imaginatik’s for three years, during which time it has used Imaginatik’s software and processes to focus on key value areas within the enterprise, including product and technology innovations, leadership and team functions and the supply chain. In addition, the client has also partnered with Imaginatik in the early-stage development of Portfolio Monitor, which allows companies to successfully track specific ideas through their own pipelines, and became one of the first companies to deploy this within its organisation.

Matt Cooper, Executive Chairman, Imaginatik, commented, “We are delighted that one of the world’s largest aerospace businesses has renewed and extended their relationship with Imaginatik. It is an excellent endorsement of the value we bring to their business and we look forward to working with them on an on-going basis.”

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About Imaginatik

Successful innovation is no longer an option for competitiveness in our “new normal” world. But few companies possess the internal capability to consistently generate fresh ideas, identify those worth pursuing, and reliably transform them into real, value-enhancing assets. That's where Imaginatik can help.

From a worthy idea of our own, we created theIdea Managementindustry. We've spent nearly two decades providingInnovation Managementsolutions to companies like The Chubb Group of Insurance Companies, Boeing, Pfizer, Xerox, Goodyear, Cargill -- and hundreds more.

Imaginatik offers strategic consulting, the award-winning customizable Idea Central technology solution, and the most experienced, results-oriented innovation consulting team available. Simply put, we help you orchestrate the creative energies of your key stakeholders, employees and customers, to generate constructive ideas. Then we help you turn the best of those ideas into business-changing innovations. We've done it for some of the world's most admired companies. Give us a call and learn what we can do for you today.

For more information visitwww.imaginatik.com.

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News Source : Aerospace Contract Renewal & Extension