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Spigit Wins Silver in Best in Biz Awards 2011 as Enterprise Product of the Year

Crowd Innovation Solution Recognized by Press and Analyst Community (November 09, 2011)

PLEASANTON, CA -- (Marketwire) -- 11/09/11 -- Spigit, the crowd innovation company, has been named a silver winner in the Enterprise Product of the Year category in the Best in Biz Awards, the only national business awards program judged by members of the press and industry analysts.

Spigit's leading crowd innovation solution, SpigitEngage, was recognized in the awards' inaugural year alongside a number of global industry leaders, such as Marketo, Hubspan, Conduit and Sandisk. SpigitEngage activates crowds by integrating emergent social collaboration with traditional workflow and analytics, enabling purposeful social innovation that drives results for business.

The 2011 Best in Biz Awards were presented in more than 30 categories including Best Overall Company of the Year, Most Innovative Company of the Year, Executive of the Year and Best New Product of the Year. More than 150 entries were received in this year's awards program, from a wide array of public and private companies from a variety of industries, sectors and regions. The companies that won gold, silver and bronze awards in this year's program represent the best in American business.

"We're really excited to be awarded this honor as it reflects the acknowledgement from press and industry analysts that Spigit is the crowd innovation leader," said Paul Pluschkell, Founder and CEO, Spigit. "These awards just reinforce Spigit's commitment to helping Fortune 500 companies activate their crowd to deliver innovative ideas for competitive advantage. We are proud to power the increasing pace of innovation with a strong crowd innovation solution."


Winners of the 2011 Best in Biz Awards were determined by scores from a panel of high-caliber judges from top-tier business and technology publications, as well as analyst firms, including: Accounting Today, AllBusiness.com, ECT News Network, eWeek Channel Insider, Financial Times, Fox News, Hartford Business Journal, Insight Media, Kelsey Group, King Features Syndicate, Lab Reviews, Network World, PC Magazine, Portfolio, Puget Sound Business Journal, Tech.Blorge, Tech-Gaming, Techtalk and Wired. The 20 judges on this year's panel boast more than 470 years of combined experience and have written for a combined total of more than 180 consumer, business, financial, trade and technology publications nationwide.

For a full list of gold, silver and bronze winners in Best in Biz Awards 2011, visit: http://www.bestinbizawards.com/2011-winners/.

About Spigit
Spigit, the crowd innovation company, creates a new paradigm for realizing untapped business value, connecting employees, customers and business partners for innovation and insight discovery. Using social technology and the power of crowds, Spigit's solutions tap into the collective intelligence of an organization and transform it into actionable, predictive information. By incorporating an effective mixture of game mechanics, social recognition and rewards, idea graduation, and idea trading, Spigit allows companies to harness the social capital within their internal and external communities and pinpoint the ideas that drive revenue and generate cost savings. The largest and most innovative companies in the world use Spigit to drive corporate success and create an unmatched competitive advantage, including Overstock.com, AAA, US Bank, City of New York, Estee Lauder and Capgemini. For more information about how you can enable crowd innovation for your enterprise, visit www. Spigit.com, email info@spigit.com or call 1-855-SPIGIT1.

About Best in Biz Awards
Best in Biz Awards recognizes top companies, teams, executives and products for their business success as judged by established members of the press and industry analysts. Best in Biz Awards honors are conferred in two programs covering the U.S. and EMEA (Europe, Middle East and Africa), respectively. Any organization from any industry in the awards program's region boasting demonstrated success can enter any of the more than 40 company, department or team, executive and product categories. Entries for Best in Biz Awards 2012 EMEA are currently being accepted from all companies based in or operating in Europe, Middle East or Africa, with an early entry deadline of Nov 30, 2011. For more information about the submission process and categories in both the U.S. and EMEA programs, please visit: http://www.bestinbizawards.com.

Media Contacts:
KT McGraw
SHIFT Communications
617-779-1822
spigit@shiftcomm.com

Christel Mes
Spigit
925-230-9332
cmes@spigit.com


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