spigit Enterprise Brings Smart, Social Collaboration to the Enterprise

    spigit Expands Its Social Collaboration Platform to Help Businesses
    and Evolve Innovation and Increase Employee Engagement

    SAN DIEGO, Sept. 24 /CNW/ -- Businesses recognize the power of social
networks, but to date have not had a way to quantify social interactions and
transform ideas into decisions. Today, with the launch of spigit
Enterprise(TM) at DEMOfall 07, businesses can now use spigit's smart, social
collaboration platform to discover key influencers within their organization,
engage employees and turn innovative ideas into real solutions.
    "Employee awareness of and participation in online social networks is
rapidly accelerating. Companies are searching for ways to introduce online
social communities into their work environments in a way that will benefit
their business without interfering with employee productivity and, in fact,
enhance productivity. spigit Enterprise(TM) is the first collaborative
platform that leverages employee social interaction to support core business
activities," said Paul Pluschkell, founder and CEO of spigit.
    spigit's smart, social collaboration platform has successfully been
utilized in multiple online communities; spigit Innovation(TM) is a simulation
engine that has given rise to more than 70 start-ups that go on to compete in
a virtual stock market.  Vote spigit(TM) is an online community where
individuals and political experts host intelligent debates on issues and
candidates involved in the upcoming U.S. presidential election. Today, with
the launch of spigit Enterprise(TM), businesses can now create communities to
drive innovation and thoughtful conversation within their own organization.
    "To stay ahead of the curve, companies can no longer wait until the
quarterly 'offsite' to focus on innovation. Today's enterprises need to weave
innovation strategies into their everyday workflow," said Chris Shipley,
executive producer of the DEMO conferences. "spigit Enterprise(TM) is the
first to systemize the 'magic' in social networks to bring smart, social
collaboration to businesses, making the innovation process enjoyable,
quantifiable and something in which every employee can participate."
    spigit Enterprise(TM) helps any business drive innovation within its own
organization by engaging employee participation, evolving ideas into
actionable innovation, and allowing the best ideas and key influencers to

    Engage: First, spigit Enterprise(TM) allows companies to build social
            communities where employees can voice their opinions on issues,
            propose new ideas and contribute feedback to determine the best
            ideas for innovation- employees can earn badges, currency and
            build reputation to become experts, making participation fun and
            meaningful to the individual.

    Evolve: Then, going far beyond the simple ratings and popularity rankings
            currently used in online social networks, spigit Enterprise(TM)
            uses algorithms to calculate the influence of participants and
            discussions within a particular company or department based upon
            factors such as participation, community feedback, past
            conversations, reputation and "buzz" to determine who the top
            influencers are and what the best ideas are within an

    Emerge: Finally, spigit Enterprise's(TM) advanced simulation engine allows
            the best ideas to compete live within an organization, similar to
            a real market. Managers are provided with deep insight into their
            organization with a series of metrics and market tested ideas that
            enable them to make key decisions for innovation.
    Today, at the DEMOfall 07 conference in San Diego, CA, spigit founder and
CEO, Paul Pluschkell, will showcase how any business can leverage the power
locked in the organization to engage employees and accelerate real innovation
from within.
    About spigit, inc. (http://www.spigit.com)
    spigit is the only platform for smart, social collaboration that brings
advanced algorithms to social networking by extracting relevant meaning from
social interactions, enabling the best ideas and contributors to shine. spigit
powers a variety of community interest sites, including those for startups
(spigit Innovation(TM)), elections (Vote spigit(TM)) and universities (spigit
U(TM)). spigit's premier platform for business innovation, spigit
Enterprise(TM), engages employees and evolves top ideas and key influencers to
make innovation a daily part of an organization.
    For more information about spigit Enterprise visit: http://www.spigit.com
or http://www.spigitE.com
    About DEMO
    Produced by Network World Events and Executive Forums, the semi-annual
DEMO conferences focus on emerging technologies and new products, which are
hand-selected from across the spectrum of the technology marketplace. The DEMO
conferences have earned their reputation for consistently identifying
tomorrow's cutting-edge technologies, and have served as launch pad events for
companies such as Palm, E(*)Trade, Handspring, and U.S. Robotics, helping them
to secure venture funding, establish critical business relationships, and
influence early adopters. Each DEMO conference features approximately 70 new
companies, products and technologies. For more information, visit

For further information:

For further information: Paula Cavagnaro of the Antenna Group, for
spigit,  inc., +1-415-977-1915, paula@antennagroup.com Web Site:
http://www.spigit.com                  http://www.demo.com                 

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