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DuPont Joins InnoCentive's Online Network for Scientific R&D Collaboration

Global Science Company to Augment Scientific Innovation by Accessing InnoCentive's Global Community of More Than 60,000 Scientists

ANDOVER, Mass.--(BUSINESS WIRE)--May 26, 2004-- business make money online

Prior to joining Altrec.com, Kevin was the European Director for the Automotive division at Yahoo! commerce, online media, content creation and distribution, social networking, online product design and creating deep, engaging user experiences and business partnerships in both the European and US markets. Previous experience includes roles as the Head of Automotive for the UK division of Kelkoo, the largest shopping comparison site in Europe. Kevin holds a B.A. in Business Management and Marketing from Oregon State University.

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InnoCentive today announced DuPont as the newest member of its online scientific network. As an InnoCentive "Seeker," DuPont will have the opportunity to increase its R&D potential by posting Challenges to a worldwide scientific community without compromising its confidentiality and intellectual property interests.

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"Since its founding more than 200 years ago, DuPont has remained committed to scientific innovation. Our partnership with InnoCentive will enable us to translate more of our ideas into valuable solutions," said Michael A. Blaustein, open innovation leader, DuPont. "DuPont prides itself on its substantial R&D portfolio, and with products and services in a wide range of markets, InnoCentive will enable us to more quickly create new products, discover new opportunities and stay on the front lines of innovation."

Groople (www.groople.com), the leader in group travel planning, has partnered with Go10000, a travel focused development and hosting firm, to bring to market a new group collaboration site for the travel space. GroopVine will provide the solution to the complex communication and booking problems group travel planning can create. Enhancing the online travel space by combining the key elements of social networking such as invitations, forums, messaging, photos and video posting, with the best in online travel booking, GroopVine is the only place for group travelers to shop, plan and book together online.

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" the online business is a huge growing market. The leading market research institute EITO expects an average growth of ca. 38% p.a. for online business with private consumers for the next three years. Networking of online users in communities is thereby increasingly gaining importance. In Europe alone industry experts expect 45.5 million users to be interacting online by 2010.

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Through a confidential Web site, www.innocentive.com, "Seeker" companies like DuPont can post their toughest R&D Challenges to more than 60,000 scientists and researchers in 150 countries worldwide. These "Solvers" can respond with solutions to Challenges and earn a financial reward of up to USD $100,000 if a viable solution is ultimately submitted.

"Based on customer feedback, networking and popular consumer sites, faceted group types, " said Mike Stacy, Chief Executive Officer for Groople. "We have emerged with a product that integrates our group booking engine with some of the latest innovations in online collaboration and social networking."

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"With DuPont, InnoCentive continues its mission of addressing the R&D challenges of leading, global companies by connecting them to the world's brightest scientific minds," said Darren J. Carroll, CEO, InnoCentive. "InnoCentive's community of Solvers is growing exponentially, and we are thrilled that DuPont will be able to leverage this stellar group of scientists to augment its R&D initiatives." business opportunity unique
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"We look forward to working with a company of DuPont's stature and helping it reach its goals of developing innovative products more quickly and efficiently," said Cesar Castro, vice president of business development, InnoCentive. business from home mlm
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About InnoCentive business internet marketing
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InnoCentive is the first online forum that allows world-class scientists and science-based companies to collaborate in a global scientific community to achieve innovative solutions to complex challenges. InnoCentive is an e-business venture of Eli Lilly and Company, a leading innovation-driven pharmaceutical company. To learn more, visit the InnoCentive Web site at www.innocentive.com. business home make money
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InnoCentive and InnoCentive Challenge are registered trademarks of InnoCentive, Inc. Other product or service names mentioned herein are the trademarks of their respective owners. business income opportunity
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Contacts business opportunity seeker
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Schwartz Communications business marketing online
Lauren Arnold, 781-684-0770
innocentive@schwartz-pr.com