The Innovation Index Top 20 Innovators for 2008

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Top 20 Innovators of The Innovation Index for 2008

Six new Innovators have been added to The Innovation Index for 2008:

AT&T Inc. - (NYSE: T) (52 week change: UP 18.71%)
Best Buy Co., Inc. - (NYSE: BBY) (52 week change: UP 6.30%)
Costco Wholesale Corporation - (NASDAQ: COST) (52 week change: UP 32.82%)
Merck & Co., Inc. - (NYSE: MRK) (52 week change: UP 34.66%)
McDonald's Corporation (NYSE: MCD) (52 week change: UP 34.22%)
NIKE, Inc. - (NYSE: NKE) (52 week change: UP 29.88%)

Fourteen existing Innovators have been retained to The Innovation Index for 2008:

3M Company - (NYSE: MMM) (52 week change: UP 9.19%)
Amazon.com, Inc. - (NASDAQ: AMZN) (52 week change: UP 139.36%)
America Movil - (NYSE: AMX) (52 week change: UP 34.30%)
Apple Inc. - (NASDAQ: AAPL) (52 week change: UP 135.54%)
Cisco Systems, Inc. - (NASDAQ: CSCO) (52 week change: UP 0.84%)
eBay Inc. - (NASDAQ: EBAY) (52 week change: UP 12.34%)
General Electric Co. - (NYSE: GE) (52 week change: UP 0.35%)
Google Inc. - (NASDAQ: GOOG) (52 week change: UP 52.56%)
Hewlett-Packard Co. - (NYSE: HPQ) (52 week change: UP 24.69%)
Intel Corporation - (NYSE: INTC) (52 week change: UP 32.15%)
International Business Machines Corp. - (NYSE: IBM) (52 week change: UP 13.32%)
Microsoft Corporation - (NASDAQ: MSFT) (52 week change: UP 20.96%)
Research In Motion Limited - (NASDAQ: RIMM) (52 week change: UP 174.55%)
The Proctor & Gamble Company - (NYSE: PG) (52 week change: UP 15.53%)

Six old Innovators were dropped from 2007 and will not make the 2008 list:

Dell Inc. - (NASDAQ: DELL) (52 week change: DOWN 0.56%)
Southwest Airlines Co. - (NYSE: LUV) (52 week change: DOWN 20.17%)
Starbucks Corporation - (NASDAQ: SBUX) (52 week change: DOWN 43.17%)
Target Corp. - (NYSE: TGT) (52 week change: DOWN 11.06%)
Wal-Mart Stores, Inc. - (NYSE: WMT) (52 week change: UP 4.11%)
Yahoo! Inc. - (NASDAQ: YHOO) (52 week change: DOWN 8.18%)

The Innovation Index Top 20 Innovators for 2008 are the following:

3M Company - (NYSE: MMM)
Amazon.com, Inc. - (NASDAQ: AMZN)
America Movil - (NYSE: AMX)
Apple Inc. - (NASDAQ: AAPL)
AT&T Inc. - (NYSE: T)
Best Buy Co., Inc. - (NYSE: BBY)
Cisco Systems, Inc. - (NASDAQ: CSCO)
Costco Wholesale Corporation - (NASDAQ: COST)
eBay Inc. - (NASDAQ: EBAY)
General Electric Co. - (NYSE: GE)
Google Inc. - (NASDAQ: GOOG)
Hewlett-Packard Co. - (NYSE: HPQ)
Intel Corporation - (NYSE: INTC)
International Business Machines Corp. - (NYSE: IBM)
Merck & Co., Inc. - (NYSE: MRK)
McDonald's Corporation (NYSE: MCD)
Microsoft Corporation - (NASDAQ: MSFT)
NIKE, Inc. - (NYSE: NKE)
Research In Motion Limited - (NASDAQ: RIMM)
The Proctor & Gamble Company - (NYSE: PG)

Further commentary on the addition of six new Innovators, the top Innovator of 2007, and the changes will be provided in the second week of January, 2008. As of December 17, 2007, The Innovation Index has returned 56%. The Innovation Index closed at 101.28 on December 17, 2007, effectively even from the closing price of 101.39 on Sep 28, 2007, and up 56% from the closing price of 65.05 on December 29, 2006.

Invest in the Innovation Index Fund

We launched the new Innovation Index Fund in December, 2007 that invests in the Innovation Index and returned 66% in 2007, and 174% in the previous five years. If you want to learn more about the Innovation Index Fund, fill out your contact information at the bottom of this form: http://www.innovationindexgroup.com/invest.html

The Innovation Index Reports:

Invest in The Innovation Index - Invest in the brand new Innovation Index Fund
Introducing The Innovation Index Fund - Invest into The Innovation Index
Top 50 Innovative Companies in the world - 2007 Report on Top 50 Companies
Annual Report - Chapter One - Total Innovation Activity - 2006 Annual Report One
Annual Report - Chapter Two - The Top Innovator - 2006 Annual Report Two
Annual Report - Chapter Three - The Innovation Insights - 2006 Annual Report Insights
Innovation and Stock Performance Correlation - The Innovation Index and Stock Performance
The Innovation Index gallops to 56% - Quarterly Report - Q3, 2007

About The Innovation Index

The Innovation Index introduced in December 2006 is a weighted stock price index of the top 20 Innovators in North America.

The Innovation Index has returned 119% over the last five years. This assumes an investment in each stock of The Innovation Index (buying each stock). An average of $100 invested in The Innovation Index on December 31, 2001 returned $219 as of December 29, 2006. By comparison, $100 invested in each of S & P 500, NASDAQ and Dow Jones Index returned $124. The Innovation Index beats the S & P 500, NASDAQ and Dow Jones Index by 77% over the last five years.

The Normalized Innovation Index has returned an impressive 174% over the last five years. This assumes equal investment in each stock of The Innovation Index as of December 31, 2001.

2008 - Alphabetical list of the Top 20 Innovators of The Innovation Index and their stock ticker symbols for 2008:

3M Company - (NYSE: MMM)
Amazon.com, Inc. - (NASDAQ: AMZN)
America Movil - (NYSE: AMX)
Apple Inc. - (NASDAQ: AAPL)
AT&T Inc. - (NYSE: T)
Best Buy Co., Inc. - (NYSE: BBY)
Cisco Systems, Inc. - (NASDAQ: CSCO)
Costco Wholesale Corporation - (NASDAQ: COST)
eBay Inc. - (NASDAQ: EBAY)
General Electric Co. - (NYSE: GE)
Google Inc. - (NASDAQ: GOOG)
Hewlett-Packard Co. - (NYSE: HPQ)
Intel Corporation - (NYSE: INTC)
International Business Machines Corp. - (NYSE: IBM)
Merck & Co., Inc. - (NYSE: MRK)
McDonald's Corporation (NYSE: MCD)
Microsoft Corporation - (NASDAQ: MSFT)
NIKE, Inc. - (NYSE: NKE)
Research In Motion Limited - (NASDAQ: RIMM)
The Proctor & Gamble Company - (NYSE: PG)

2007 - Alphabetical list of the Top 20 Innovators of The Innovation Index and their stock ticker symbols for 2007:

3M Company - (NYSE: MMM)
Amazon.com, Inc. - (NASDAQ: AMZN)
America Movil - (NYSE: AMX)
Apple Inc. - (NASDAQ: AAPL)
Cisco Systems, Inc. - (NASDAQ: CSCO)
Dell Inc. - (NASDAQ: DELL)
eBay Inc. - (NASDAQ: EBAY)
General Electric Co. - (NYSE: GE)
Google Inc. - (NASDAQ: GOOG)
Hewlett-Packard Co. - (NYSE: HPQ)
Intel Corporation - (NYSE: INTC)
International Business Machines Corp. - (NYSE: IBM)
Microsoft Corporation - (NASDAQ: MSFT)
Research In Motion Limited - (NASDAQ: RIMM)
Southwest Airlines Co. - (NYSE: LUV)
Starbucks Corporation - (NASDAQ: SBUX)
Target Corp. - (NYSE: TGT)
The Proctor & Gamble Company - (NYSE: PG)
Wal-Mart Stores, Inc. - (NYSE: WMT)
Yahoo! Inc. - (NASDAQ: YHOO)

The Innovation Index will analyze the positions and standings of the Top 20 Innovators at the end of each year. For 2008, there will be no further changes in The Innovation Index.

Disclaimer: The Innovation Index Group, Inc. invests in the stocks comprising The Innovation Index.