3 Olive Enhances Portfolio Intelligence with the Partnership for Lean Innovation

		Press Release . . .
		. . . 3 Olive Solutions, LLC
	3 Olive Enhances Portfolio Intelligence® with the Assistance of the Partnership for Lean Innovation Chicago, IL (10/09/06) – 3 Olive Solutions, LLC is proud to announce an enhancement of its premier portfolio management methodology and solution, Portfolio IntelligenceÒ. New capabilities include the real-time evaluation of portfolio risk-reward profiles in an easy to use, visual bubble chart graphic. Bob McMurray, CTO of 3 Olive Solutions commented: "This new capability builds off of the methodology in Portfolio Intelligence and provides valuable additional information for portfolio decision-making. The beauty of it is that the new functionality uses processes and data that are already available in Portfolio Intelligence and therefore does not require our customers to enter any new information." The new Portfolio Intelligence enhancements were designed with the assistance of the Partnership for Lean Innovation which developed the Lean Innovation Program for small and medium-sized manufacturing enterprises. The Lean Innovation Program combines Lean Manufacturing methods and tools with leading-edge product development best practices to allow the creation of innovative, new products in less time, with greater value and with greater chance for success in the market. The program is being administered by TechSolve, Inc., a Manufacturing Extension Partnership (MEP) located in Cincinnati, Ohio that works with a wide spectrum of organizations to help them achieve top-line growth, bottom-line savings and improved profitability. After initial success in Ohio, the Lean Innovation Program is beginning a national roll-out starting with offerings in Illinois and South Carolina. As a result of their Lean Innovation workshops, the Partnership for Lean Innovation quickly recognized the need for a tool with a methodology that allowed participants to execute the concepts and processes taught in the program. With its easy-to-use format and portfolio management capabilities, Portfolio Intelligence provided a perfect match to allow product development organizations to organize their portfolios of projects while implementing the Lean Innovation concepts. Ken Bloemer, VP of Business Development for TechSolve said: "We were very excited to work with 3 Olive Solutions on this enhancement to Portfolio Intelligence. The improvements tie directly into our efforts to improve product development practices and will help our clients get even more value from the Lean Innovation Program." Portfolio management expert, Gene Kania, principal of mc2solutions, and the Lean Innovation Partner that worked closely with 3 Olive Solutions to incorporate this new feature, commented: "The enhancements to Portfolio Intelligence will allow even tighter integration of the powerful, business level, management decision making process that we teach companies in the Lean Innovation Program with the robust and easy-to-use capabilities of Portfolio Intelligence. This is a real win-win for everyone, but especially for companies that want to make improvements to their product development processes." To learn more about the Partnership for Lean Innovation, the Lean Innovation Program, or to register for a Lean Innovation Workshop, please visit the TechSolve Web site at http://www.techsolve.org. For more information on *mc2solutions* and their involvement in these programs, please go to: http://www.mc2solutions.com/services/innovation.asp. If you would like more information on Portfolio Intelligence, please visit us at www.3olivesolutions.com.
	About 3 Olive Solutions 3 Olive Solutions, LLC (www.3olivesolutions.com) was founded with the mission of developing solutions that help executives and managers be more effective leaders within their organizations. 3 Olive’s initial solution, Portfolio Intelligence, is an on-demand project portfolio management methodology and Software as a Service (SaaS) solution that is ideal for small and mid-sized organizations or departments within larger companies such as the project management office (PMO). Portfolio Intelligence is an affordable and easy-to-implement solution that enables executives and managers to organize, control and make better decisions on their work efforts resulting in higher business value, better resource utilizations, and lower costs. CONTACT INFORMATION: (800) 753-5821 info@3olivesolutions.com Portfolio Intelligence is a registered service mark of Three Olive Solutions, LLC.

3 Olive Solutions, LLC \| (800) 753-5821 \| 229 W Fremont Ave \| Elmhurst IL 60126 \| www.3olivesolutions.com