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SAN FRANCISCO, CA -- (Marketwire) -- 06/14/12 -- Spigit, the leader in social innovation software and services, today announced the appointment of Shail Khiyara, a marketing executive with hands-on experience leading many of Silicon Valley's most respected technology brands.

He brings more than 15 years of executive and marketing experience and as the CMO his worldwide responsibilities include increasing revenue and brand awareness of Spigit to deliver cloud-based applications that harness the power of the crowd to stimulate innovation and engagement.

"Marketers of Shail's caliber are hard to find, and we are more than excited to have him on board," said Paul Pluschkell, CEO and Founder of Spigit. "Shail is joining Spigit at a pivotal time in our evolution as we continue to invest in our growth and build upon our existing innovation platforms and our new crowdsourcing tool, ICON. Spigit's vision is to help companies achieve innovation from crowdsourcing and engagement and Shail's proven track record in scaling companies will further propel Spigit in the Social Business Software category."

"Innovation continues to be the lifeblood of business success," said Shail Khiyara, CMO of Spigit. "Spigit has built a growing business by delivering cloud-based solutions for innovation within the enterprise. With game mechanics, reputation rankings and various social algorithms, Spigit is ushering in the new era of engagement around innovation, and I'm excited to join the team at this point in the Company's history."

Mr. Khiyara comes to Spigit from Taleo where he was the Senior Vice President and Chief Marketing Officer and drove significant results leading to the acquisition of Taleo by Oracle. During his tenure the Company grew successfully, established a robust pipeline and positioned itself as a leader in the market with differentiated messaging, resulting in significant new customer acquisition and revenue growth.

Prior to Taleo, he was the Senior Vice President and General Manager for EVault, the Cloud services business unit of Seagate Technologies, where he drove significant growth (40 percent in 12 months) through innovative product positioning, demand generation and channel marketing in the Cloud Storage market.

Mr. Khiyara was previously at Verisign, where he established and drove the European go-to-market strategy, successfully positioned the Verisign brand in multiple geographies and drove revenue and significant customer acquisition of Fortune 1000 companies. Mr. Khiyara has also held senior leadership roles at Autodesk and Bechtel.

Shail Khiyara holds an MBA from Yale University, completed the Strategic Leadership Program from Harvard Business School and has an MS in Engineering.

About Spigit
Spigit is a leading global Social Enterprise company. We power Social Innovation and help organizations capture, rank and execute the best ideas from employees, customers and partners.

Leveraging crowdsourcing, game mechanics and big data analytics, Spigit's platform drives enterprise innovation to grow revenue, reduce costs and expand employee and customer engagement.

The world's leading brands including major Retail, Healthcare, Financial, Technology, Government, Insurance, Utilities and Pharmaceutical companies use Spigit. For more information about how you can enable crowd innovation for your enterprise, visit www.Spigit.com, email info@spigit.com or call 1-855-SPIGIT1.