New software/services reduce cost of innovation by 80% announces the release of its ThinkSpace(TM) software that allows companies to save up to 80% of the cost of innovation.

VANCOUVER, Dec. 1, 2008 -- IdeaConnection's ThinkSpace(TM) software allows a select group of thinkers and innovators to work together in an online collaborative environment that encourages creativity and idea exchange, while fostering focus and goal-oriented problem solving. The software also provides "thinking tools" that spark discussion and facilitate idea generation. has assembled a growing database of thousands of brilliant problem solvers and innovators with a diversity of expertise that ranges from scientists, PhDs, and chemists, to programmers, physicists, and oceanographers. Companies can harness this pool of talented minds to focus on collaboratively solving their challenges.

Between 4 and 8 experts plus an experienced facilitator are chosen to tackle each challenge. These experts are selected for their track record, including education, experience, problem solving record, patents applied for, and creativity.

By using the ThinkSpace(TM) software, companies can save time by not having to hunt for the appropriately skilled personnel, can control their innovation expenses by knowing the budget of a project upfront, and can save money by only paying for successfully solved problems, making the process financially risk-free.

Scott Wurtele, CEO, states that, "We are particularly good at solving cross-disciplinary problems. By putting together a variety of disciplines, solutions evolve that would never have happened otherwise." also offers several free services including thousands of Technologies for Sale or License, hundreds of Technologies Wanted, and the ability to post and work on problems for the Common Good.

For further information about IdeaConnection(TM) visit our Media Room

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