Imaginatik’s Momentum Fueled by Growing Roster of Customers and New Corporate Funding
BOSTON-(BUSINESS WIRE)-May 07, 2013 – Imaginatik (LSE:IMTK.L), a leading innovation management company providing a range of consulting and software services for today’s enterprises, today announced strong company momentum, fueled by a growing roster of marquee customers and new $1.95 million in corporate funding. The new funding comes from both new and existing public investors and will be used to fund ongoing business expansion efforts.
Strong enthusiasm from the company’s investors underscores Imaginatik’s momentum in recent quarters. In the past fiscal year, ending March 31, 2013, the company added 24 new customers, with a net customer gain of 17 companies. New Imaginatik clients include Air Products, AIG Property Casualty, Lincoln Financial Group, the Mayo Clinic, one of the Blue Cross Blue Shield companies, one of the world’s leading oil & gas companies, and one of the world’s leading aircraft engine manufacturers. Imaginatik’s business wins extended into Europe as well, where a strengthening market included new customers including Yorkshire Building Society and Premier Ingredients.
“Innovation and enterprise-wide collaboration are among the top 3 priorities for CEOs,” says Matt Cooper, Executive Chairman of Imaginatik. “We are excited to provide these leaders with what they need to make innovation an organization-wide capability.”
Imaginatik continues to strengthen its differentiation in the marketplace by reaffirming its focus to help companies develop enterprise-wide innovation capabilities. Imaginatik’s annual Innovation Leaders Forum was held on April 23(rd) in Boston and attracted over 50 innovation leaders from all major industry sectors, including keynote presentations from Whirlpool, Goodyear, Brown Brothers Harriman, and the Mayo Clinic. Planned future industry events include an upcoming innovation seminar with C-level executives to be held in the UK’s Windsor Castle in June 2013, the continuation of Imaginatik’s Innovation Master Series with guest presenters from Xerox Healthcare, and several small-group Innovation Roundtables for senior innovation leaders hosted in New York and Chicago.
About Imaginatik
Imaginatik(R) is the world’s first full-service innovation firm with 17 years of experience building innovation into a sustainable competence at some of the world’s largest and most respected companies. Through a mix of consulting and advisory, hands-on innovation projects and program management, and our award-winning enterprise software platform, Imaginatik helps clients develop innovation capability into a permanent competitive advantage. Imaginatik is the trusted partner of leading organizations including Blue Cross Blue Shield, CSC, The World Bank, Cargill, Mayo Clinic, The Chubb Group of Insurance Companies, HCA, Windsor Foods, Dow Chemical, and Goodyear.
Imaginatik is a public company whose shares are traded on the AIM market of the London Stock Exchange (LSE:IMTK.L) and is a World Economic Forum Technology Pioneer with offices in Boston, MA, and Fareham, UK. For more information visit www.imaginatik.com.
Media Contact for Imaginatik:
Kristin Canders, 207-974-7744
kcanders@emergepr.com
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