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News Release

Stage-GateŽ, Inc. Releases NewPort Max™ Version 2.1

ANCASTER, ONTARIO, CANADA — January 4, 2002—Stage-GateŽ, Inc., a member company of the Product Development Institute, today announced that it has released the latest version of its Windows based Portfolio Management software, NewPort Max™ Version 2.1.

Developed by Dr. Robert G. Cooper and Dr. Scott J. Edgett, worldwide experts in New Product Development and Portfolio Management, and co-authors of the leading book, Portfolio Management for New Products, Second Edition, NewPort Max™ Version 2.1 has been designed to deliver graphical output based on years of research and consulting experience with best-practice Fortune 500 companies.

NewPort Max™ Version 2.1 allows companies to track hundreds of projects on numerous performance metrics, which can be analyzed and presented using charts, and graphs up to 5-dimensions. “The presentation of this data helps executives to make better strategic choices relating to resource allocation, project selection and prioritization” said Barbara Pitts, COO of Stage-Gate®, Inc. The software includes 70 pre-defined, ‘best practice’ performance metrics, charts and analysis templates based on research by Drs. Cooper & Edgett. The company expects to have much success with this product over the coming year.


About Stage-Gate Inc.

Stage-Gate Inc., a member company of the Product Development Institute, is mandated very specifically to enable product innovators to become better product innovators. Our international team of Product Innovation Experts and Consultants are mentored by Dr. Cooper and Dr. Edgett and understand the complex challenges organizations face. We help companies achieve product innovation through our world-class products and services.

Through its close working relationship with the Product Development Institute, Stage-Gate Inc. has access to the world’s most comprehensive research into best practices in Product Innovation. This research has led to some of the most important discoveries in the innovation field; such as, Stage-Gate®, the NewProd™ Studies, and the concept of Portfolio Management.



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