ABAL.L Regulatory News (ABAL)

23 Apr 2007 11:02

Imaginatik PLC23 April 2007 23 April 2007 Imaginatik plc ("Imaginatik" or the "Company") IMAGINATIK WINS A QUEENS AWARD FOR ENTERPRISE LONDON - Imaginatik plc (AIM: IMTK), a leading provider of business innovationand technology based systems for innovation and idea management, is todaydelighted to announce that it has been awarded a Queens Award for Enterprise inthe International Trade category. Following a rigorous judging procedure, which culminated with a short-list beingscrutinised by the Prime Minister's Advisory Committee, Imaginatik received theaward for the first time for its demonstration of substantial growth in overseasearnings and its commercial success, more than doubling its exports over threeyears. Founded in 1994 by CEO Mr. Mark Turrell, Imaginatik developed a software-basedprocess, now its core product "Idea Central", to enable corporations tofacilitate innovations systematically across their operations. With Globalheadquarters in the UK, U.S. headquarters in Boston and additional operations inGermany, the Company has grown considerably with a strong client base of morethan 100 companies including Pfizer, Hewlett-Packard, Weyerhaeuser Corporation,Chevron Texaco Global Lubricants and Cargill Inc. "To receive a Queens Award for International Trade is a great honour forImaginatik," said Mark Turrell, CEO of Imaginatik. "It is recognition of oursubstantial growth, both in the UK and overseas. We can now count some of thebiggest names in the world as clients which is evidence of our expertise withinthe innovation sector as a systems developer and trusted advisor. This market isexpected to experience immense growth and with our continued commitment toinnovation we look forward to a successful future." The Queen's Awards for Enterprise are the UK's most prestigious Awards forbusiness performance. Announced on the Queen's birthday, Saturday 21 April, theyrecognise and reward outstanding achievements by UK companies. The Awards aremade each year by The Queen, on the advice of the Prime Minister, who isassisted by an Advisory Committee that includes representatives of Government,industry and commerce, and the trade unions. Further enquiries Imaginatik plc Tel: 020 7917 2975Mark Turrell, CEO / Shawn Taylor, CFO ICIS Tel: 020 7651 8688Tom Moriarty / Laura Cocker About ImaginatikImaginatik is the leading provider of Innovation and Collaborative ProblemSolving software and process to the world's leading companies. More than 100clients rely on Imaginatik's software, consulting and research to enable theirbest-of-breed innovation activities. Imaginatik's software and consulting services have helped clients discoversignificant sources of additional revenue, as well as tangible cost savings,process improvements and increased product pipeline. Imaginatik is alsocommitted to developing strategic solutions in the field of innovation, workingwith academic institutions such as the London Business School and the CassSchool of Business, London, as well as leading practitioners of corporateinnovation. For further information please visit www.imaginatik.com This information is provided by RNS The company news service from the London Stock Exchange