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IDEATION ENTERS JOINT VENTURE TO FORM NEW COMPANY

Southfield, Michigan – February 9, 2006 - Ideation International Inc. announced today it has entered a joint venture with Inno Excellence Group and Consultant Dr. Michael Chiang to launch Ideation China-Taiwan LLC. The company has been formed to provide businesses in Southeast Asia with a new approach to innovation and invention.

Inno Excellence Group is a Six Sigma leader in training and coaching services. Dr. Chiang is an associate professor at the MingHsin University of Science & Technology in HsinChu, Taiwan and a part-time consultant for Inno. His multi-faceted industrial experience includes quality engineering and management, engineering statistics, design of experiments, Taguchi Methods, Six Sigma (DMAIC & DFSS), data mining, and I-TRIZ (Theory of Innovative Problem Solving). Dr. Chiang is certified as an ISO9001 Lead Assessor, Six Sigma Black Belt, Six Sigma Master Black Belt and logistics engineer.

“Our goal was to help people working in research and development make real breakthroughs and become more innovative,” said Jack Chang, CEO of Inno. Chang holds two bachelors degrees, one in electrical engineering from Tun Nan College and one in applied foreign language from Taiwan Technology University. He is also certified as a GE Capital Six Sigma Master Black Belt and a graduate of the GE Leadership Development Program and GE Advanced Management Course.

“Michael discovered Ideation’s I-TRIZ, a knowledge-based inventive problem-solving methodology, brought it to Taiwan and conducted training with some of our customers,” said Chang. “We also tested Ideation’s support software. The results were powerful.”

Customers trained with I-TRIZ reported two key advantages. “Our customers were used to more conventional psychological-based problem solving that incorporated their own knowledge and experience,” said Chang. “With I-TRIZ they felt they had for the first time discovered a logical, science-based approach to innovation. Secondly, the I-TRIZ methodology can be repeated and duplicated for all types of problem solving.”

Ideation China-Taiwan will be headquartered in Southfield, Michigan with satellite offices in China and Taiwan. Jack Chang will head the new company as Managing Director with Michael Chiang serving as Chief of Technology Officer. The new company will provide I-TRIZ methodology, software products, training and analysis services. “We plan to introduce I-TRIZ to China and Taiwan first primarily targeting the automotive, IT and high technology markets,” Chang said.

Zion Bar-El, CEO of Ideation which is headquartered in Michigan, is no stranger to the global marketplace. His business experience, both in and outside the United States, gives Ideation the ability to easily navigate cultural boundaries to help companies solve non-technical and technological problems. “I’m very excited about teaming with professionals of the stature of Jack Chang and Michael Chiang said,” Bar-El said. “The opportunity to penetrate new markets, help businesses design better products and learn new ways to be creative will quickly establish Ideation China-Taiwan as a market leader in innovation.”

For more information about Ideation China-Taiwan contact Tel : 886-2-27001263 ext.100
Fax: 886-2-27050265 or e-mail : jack.chang@ideationtriz.com.tw or tl.chiang@must.edu.tw.
 


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