PLEASANTON, California, April 17 /PRNewswire/ --

- Spigit, Microsoft and Alcatel-Lucent are the top three finalists in 
the Software Category

Spigit, Inc., the leader in social productivity software for the
enterprise, today announced it was named along with Microsoft (with Novell)
and Alcatel-Lucent as a finalist in the software category for the Best of
Interop Las Vegas 2008 awards by TechWeb's Information Week and Interop.
Interop Las Vegas, the leading global business technology event series, will
announce winners on April 29, 2008. Spigit will be demonstrating its software
products InnovationSpigit and IdeaSpigit at booth #2455.

Best of Interop recognizes the world's most innovative technologies
across eight major categories. The panel of judges, which is comprised of
award-winning editors from InformationWeek, selected from more than 200
companies the products they believe have the greatest potential to impact and
advance business technology efficiencies.

"Interop has a long history as the place where important technologies are
vetted as to their readiness for enterprise use, and the Best of Interop
highlights that spirit by showcasing the top product innovations in our
industry," said Art Whittman, Editor of InformationWeek.

Spigit is a social productivity platform that utilizes advanced
algorithms and reputation-weighted analysis of social interactions to help
enterprises draw out and identify the top ideas for innovation and key
contributors. To engage users and evaluate their contributions, the platform
integrates commonly understood social networking practices with advanced
feedback mechanisms such as prediction and idea-trading markets, automated
idea graduation, weighted reputation, and an incentive and rewards system.
Spigit helps enterprises inspire and capture innovation more efficiently,
ultimately contributing to increased revenues and bottom-line growth.

"It's an honor to be recognized alongside Microsoft and Alcatel-Lucent as
having one of the most innovative enterprise software technologies this
year," said Paul Pluschkell, CEO and founder of Spigit. "While many companies
have imagined the potential benefit of tapping into Web 2.0-type internal
networks to drive innovation, they've been faced with the challenge of how to
filter that power, make it relevant and quantifiably integrate it into their
processes. Spigit addresses this challenge by applying advanced business
analytics to the ideas generated by enterprise communities."

About Spigit (http://www.spigit.com)

Spigit develops social productivity software for enterprises to drive
innovation and empower decision makers. Spigit's product offerings range from
intra-enterprise (InnovationSpigit) to customer-facing (IdeaSpigit)
solutions. Spigit currently powers innovation projects for large enterprise
companies.

Note: Spigit will showcase IdeaSpigit at Forrester's IT Forum 2008, May
20-22, 2008 in Las Vegas. Spigit was selected as one of only five companies
to present at the Techno-Innovation portion of the conference.

About InformationWeek (http://www.informationweek.com/)

InformationWeek is the leading multimedia business technology brand
online sites, magazine, events and research helping CIOs and IT decision
makers connect the "why" to the "how" through expert and peer based content.
Through its cross-media platform, InformationWeek provides editorial content
developed by both journalists and CIO and IT peers delivered when and how
they want it, 24/7. For technology marketers, InformationWeek offers a
dynamic portfolio of products to engage and align with the largest, most
influential buying audience in the market. This means marketing solutions
that target broad audiences (reach), as well as media programs organized by
content themes and specific audience segments (composition).
InformationWeek's audience of more than 2 million buyers includes CIOs, IT
executives and business managers across all industries, job titles, company
sizes and global borders.

About Interop(R) (http://www.interop.com/)

Interop(R) drives the adoption of technology, providing knowledge and
insight to help IT and corporate decision-makers achieve business success.
Part of TechWeb's family of global brands, Interop is the leading business
technology event series. Through in-depth educational programs, workshops,
real-world demonstrations and live technology implementations in its unique
InteropNet and InteropLabs programs, Interop provides the forum for the most
powerful innovations and solutions the industry has to offer. For more
information about these events, visit http://www.interop.com/.

Web site: http://www.spigit.com
              http://www.informationweek.com
              http://www.interop.com
              http://www.interop.com/lasvegas