RNS Release

Sopheon launches Acclaim line of SaaS offerings

Sopheon, the leading international provider of software and services for Innovation Management, today announced the launch of Acclaim™, three software-as-a-service (SaaS) products designed to maximize performance across the ideas, product, and project spectrum. Sopheon’s comprehensive innovation management offerings cover the full scope of jobs that product, innovation, and project professionals need to accomplish their objectives.

Three new dynamic Acclaim solutions—Acclaim Ideas (formerly Solverboard), Acclaim Projects (formerly ROI Blueprints), and Acclaim Products—each offer unique capabilities and benefits, delivering comprehensive collaboration from the front-end of innovation to delivery. These new products give individuals responsible for idea generation, product management, and project management tighter control and an improved ability to make better data-driven decisions.

Sopheon makes it easy for organizations to get started by offering free versions of the Acclaim offerings, as well as paid subscriptions for more advanced features and functionality. The launch of these new solutions significantly expands Sopheon’s addressable market and competitive advantage.

“Innovation is indispensable to an organization’s long-term success,” said Greg Coticchia, CEO of Sopheon. “Technology advances and the global sustainability movement are adding to the pressures on today’s managers, who are constantly seeking ways to deliver better products and processes. The launch of the Acclaim offerings furthers Sopheon’s vision to help executives, team leaders, and individual contributors improve their productivity and actively engage in driving innovation forward. Sopheon is uniquely positioned to help companies achieve exceptional long-term growth and profitability through sustainable innovation.”

In the past nine months, Sopheon has acquired ROI Blueprints and Solverboard. The new Acclaim offerings will integrate those technologies and functionalities with Accolade®, Sopheon’s award-winning innovation management software. Together, Sopheon's new cloud product offerings mitigate risk by providing accountability, visibility, and control to tie strategy to the successful execution of an organization's innovation lifecycle.

For further information contact:

Andy Michuda, (Executive Chairman)
Arif Karimjee, (CFO)
Sopheon plc + 44 (0) 1276 919 560
Carl Holmes / Edward Whiley (Corporate Finance)
Alice Lane / Sunila da Silva (ECM)
finnCap + 44 (0) 20 7220 0500

Sopheon®, Accolade® and Acclaim™ are trademarks of Sopheon plc. All other trademarks are the property of their respective owners.

About Sopheon
Sopheon (LSE: SPE) provides complete Innovation Management software and services to help customers achieve exceptional long-term revenue growth and profitability. Sopheon’s Accolade and Acclaim offerings deliver unique, fully integrated coverage for the entire innovation management and product development life cycle. Sopheon’s leadership in innovation management was highlighted in the comprehensive MarketsandMarkets™ report on the Innovation Management Market where Sopheon was listed in the “Stars” category, the highest recognition. Sopheon’s solutions have been implemented by over 200 customers with over 125,000 users in over 50 countries. Sopheon is listed on AIM, operated by the London Stock Exchange.

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