Learning to Innovate: Imaginatik Announces New Partnership with IXL Center at Hult International Business School

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LONDON and BOSTON – 18 March 2009 –Imaginatik plc (AIM: IMTK) today announced it is joining forces with the IXL Center at Hult International Business School, a leading institution for innovation management training, to offer courses which can be credited against an MBA. The course is due to start from March 2009 in the USA, Shanghai, San Paulo, Dubai and London.

Recognizing that one of the key barriers to success of corporate innovation programs is often the lack of clarity around innovation strategies and the discipline required to deploy and sustain programs, Imaginatik and IXL Center at Hult International Business School have worked together to devise a new learning and development program. Drawing on resources from its work improving collaborative innovation for over one hundred global organizations, such as Pfizer, GE, IBM, Mayo Clinic, Chevron, Whirlpool and Xerox, Imaginatik and IXL Center at Hult International Business School have created a platform for nurturing learning and development expertise in innovation.

“We have seen an increasing demand from organizations looking for collaborative innovation to help them in this period of downturn. Imaginatik is the most appropriate partner for us, offering considerable expertise and its global base of customers,” commented, Dr. Hitendra Patel, Managing Director of the IXL Center. “Demand for this training has exceeded our expectations with courses delivered already in Boston and California.”

The joint learning and development program is aimed at three levels: executives; innovation leaders; and practitioners. Depending on the level, the courses cover key elements needed to make innovation real from strategy, capacity and discipline, to driving and managing innovation challenges.

“We’re delighted to be working with the Center for Innovation, Excellence and Leadership (IXL Center). Our customers are looking for training to build their individual and team capacity around collaborative innovation to make innovation real,” commented, Mark Turrell, CEO, Imaginatik.

About Imaginatik

Imaginatik is the leading provider of cost reduction, process improvement and collaborative innovation software and processes to the world's leading companies. More than 100 clients rely on Imaginatik's software, consulting and research to enable their best-of-breed innovation activities.

Named as a World Economic Forum Technology Pioneer for 2008 and a finalist for the IBM Lotus Awards 2008 in the Best Industry Solution category, Imaginatik's software and consulting services have helped clients discover significant sources of additional revenue, as well as tangible cost savings, process improvements and increased product pipeline. Imaginatik is also committed to developing strategic solutions in the field of innovation, working with academic institutions such as the London Business School and the Cass School of Business, London, as well as leading practitioners of corporate innovation.

For further information please visit www.imaginatik.com.

About IXL Center at Hult International Business School

The Center for Innovation, Excellence and Leadership (IXL Center) has the mission (1) to develop and publish deep insights on the topic of innovation breakthroughs and innovation management, (2) to provide training for practitioners and managers to become high performing innovation managers and (3) to build a community of innovation thought leaders and practitioners.

The IXL Center is located on the campus of the Hult International Business School in Cambridge, MA. The Center’s advisors include leaders of Imaginatik, InnovationTools, Arthur D Little and Hult. IXL’s adjunct faculty include innovation leaders from companies like Motorola, Osram Sylvania, Natura, Laga, GEN3 and Arthur D Little.

For further information please visit:www.ixl-center.com

News Source : Learning to Innovate: Imaginatik Announces New Partnership with IXL Center at Hult International Business School