Chesapeake Innovation Center

Advancing Technology through Entrepreneurship

Chesapeake Innovation Center Graduates another Successful Company

Exemplary Performance Moves to Larger Office Space in Annapolis

ANNAPOLIS, MD (January 9, 2007) - - - Exemplary Performance, a Chesapeake Innovation Center (CIC) incubator company, will move in January to larger offices in the Westwoods Building, across the street from the CIC building on Admiral Cochrane Drive in Annapolis.

Exemplary Performance began incubating with CIC two years ago and has steadily grown. With several Fortune 500 companies as clients, the company expects to expand from a staff of 12 to a staff of 34, including consultants, through 2007.

The new office space will give Exemplary Performance room to launch from a small to medium sized company. Says CEO Dr. Paul Elliott, “Exemplary Performance has gotten off to a spectacular start and certainly its membership in the CIC was an important contribution to our growth. The CIC provided valuable input to some of our early and most formative decisions that helped refine our strategy.”

Laura Neuman, Executive Director of CIC, says, “We are delighted about their graduation. Eighty percent of incubator companies succeed as opposed to 20% who succeed without incubator assistance. We have several new companies joining CIC and we look forward to moving them forward to achieve the same success.”

Exemplary Performance provides software, training and consulting to maximize employee business performance and strategies using an accomplishment-based approach to performance analysis and intervention design and development. Owner and CEO, Dr. Paul Elliott is recognized as an international leader in the field of Human Performance Technology.

EP accomplishments include:

A 150-person, high-tech call center was able to cut new-hire training from 16 to 7 days and reduce multiple callback from 25% to 2%;
The U.S. Coast Guard was able to re-define job roles and reduce the number of roles from seven to four;
A financial institution was able to reduce the default rate on small business loans, saving over $10M per year;
A sales organization was able to reduce the “time to results” for new sales team members by 30%, reducing attrition while substantially impacting revenue.

Exemplary Performance is a great asset of Anne Arundel County ,” says new Anne Arundel County Executive John Leopold, “not only as a thriving business creating jobs locally but also serving our national economy by helping their clients generate more revenue.”

About Chesapeake Innovation Center (CIC)

The Chesapeake Innovation Center , located in the "informatics corridor" of Anne Arundel County , Maryland , is a business accelerator that focuses the power of entrepreneurship on America 's national security requirements. By creating a bridge between major users of security technology and small companies at the forefront of innovation, the CIC, its partners and member companies are able to offer significant advancements in the areas of informatics, energy, physical and cyber security technologies.

The CIC has partnerships strategic to America 's national security which include public and private sector entities. CIC identifies and screens early stage technology companies and connects those that match the criteria to a valuable network of industry leading partners in these sectors. Current partners include Northrop Grumman Corporation, ARINC, the National Security Agency, The Boeing Company, Next Century Corporation and Athlone Global Security. Founding sponsors include DLA Piper Rudnick and Sidus Group.

CIC mentors member companies and assists them with customer contracts, funding, staffing, subject matter experts, clearances, government contracting issues, and office facilities.

The CIC is the intersection of innovation, patriotism and capitalism.