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US Air Force Research Laboratory (AFRL) Joins inno360 Alpha Program for Next-Generation Open Innovation

 Global leader in air, space and cyberspace warfighting joins STCI/inno360
         ecosystem in highly innovative public-private partnership

    OLD GREENWICH, Conn., Nov. 2 /PRNewswire/ -- inno360 LLC, a leading
online platform for next-generation open innovation, today announced the US
Air Force Research Laboratory (AFRL) has joined as a founding member its
Alpha program. The US Air Force has been a leader in collaborative, open
innovation since the onset of air-based weaponry. AFRL manages over $4
billion in annual R&D spending, of which 60% is spent through outside
partners. inno360's Alpha program unites global pioneers to co-develop the
next-generation open innovation platform.

    Alok Das, Senior Scientist for Design Innovation at AFRL, says,
"inno360 helps us reach out to unusual and unexpected places for
breakthrough technology, so the US Air Force can continue to keep America
and the world safe from threats. We have always worked in partnership with
leading aerospace innovators in the private sector, but we look forward to
a platform that will help us find common cause with a broader range of
partners from industry and academia, including the most innovative startups
and academic pioneers."

    AFRL is engaging with inno360 through a unique public-private
partnership with the Wright Brothers Institute (WBI). Located in Dayton OH
near the Wright-Patterson Air Force Base, WBI operates as a neutral place
for multidisciplinary (government, industry, and academia) teams to come
together in intense collaborations focused on complex problems or
challenges. Using the inno360 platform, WBI will assist the AFRL to find
and work with leading innovators in the US and globally.

    Bart Barthelemy, Associate Director of WBI, says, "The internet was
originally created for the Department of Defense as a collaboration
capability. Over the years, it's become so big that we need tools to help
with that collaboration. inno360 provides some of that help, and lets us
use the internet for collaboration far beyond what was initially imagined."

    "We're excited to welcome the AFRL into our customer community given
their strategic mission, experience and commitment to open innovation,"
says Glenn Wienkoop, CEO of inno360. "With their rich culture of
public-private collaboration and their focus on solving real-world
challenges under demanding conditions, they will be valuable partners in
guiding and improving our world-leading innovation platform. We look
forward to working with them for years to come."

    About inno360

    inno360 LLC provides the leading global software and service platform
for open innovation. A Member Firm of Spencer Trask Collaborative
Innovations LLC (STCI), inno360 enables clients to build their own
proprietary innovation ecosystems. The platform includes access to millions
of global innovators and leading-edge technology. The inno360 technology
assists with problem definition, Innovator Relationship Management (IRM),
innovation campaigns, internal collaboration, deal management, dashboards
and metrics. Together, these capabilities and communities provide an
unparalleled foundation for organizations to drive top-line growth by
tapping the global brain.

    About Spencer Trask Collaborative Innovations LLC (STCI)

    STCI is focused on a single, overarching goal -- to fundamentally
change the way clients do business by embracing global, interconnected
communities of intelligent, imaginative and innovative people. By
channeling the raw power of human intelligence and creativity in more
efficient ways, our clients seize market opportunities, create business
value and drive positive societal change. We call this the 'Innovation
Effect'(TM) -- driving economic growth and societal gains. Founded by
visionary venture capital firm Spencer Trask & Co. and some of the world's
leading visionaries and pioneers in open collaboration, STCI and its Member
Firms are designed to bring the collaborative innovation revolution to
fruition at the world's leading corporations, and government organizations.
For more information, see http://www.stcinnovations.com.