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<body lang=3DEN-US style=3D'tab-interval:.5in'>

<div class=3DSection1><pre style=3D'text-align:center'><b><i><span
style=3D'font-size:24.0pt;font-family:Haettenschweiler;color:blue'>Global S=
ummit of Women 2007 Remarks</span></i></b><b
style=3D'mso-bidi-font-weight:normal'><span style=3D'font-size:12.0pt;font-=
family:
"Times New Roman"'><o:p></o:p></span></b></pre><pre style=3D'text-align:cen=
ter'><b
style=3D'mso-bidi-font-weight:normal'><span style=3D'font-size:12.0pt;font-=
family:
"Times New Roman"'>Mandy <span class=3DSpellE>Chessell</span><o:p></o:p></s=
pan></b></pre><pre
style=3D'text-align:center'><b style=3D'mso-bidi-font-weight:normal'><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'>Women&#8217;s Inve=
ntion and Innovations for a Better Competitive Market<o:p></o:p></span></b>=
</pre><pre><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'><o:p>&nbsp;</o:p><=
/span></pre><pre
style=3D'margin-left:.5in;text-indent:-.25in;mso-list:l0 level1 lfo2'><![if=
 !supportLists]><span
style=3D'font-size:12.0pt;font-family:Symbol;mso-fareast-font-family:Symbol;
mso-bidi-font-family:Symbol'><span style=3D'mso-list:Ignore'>&middot;<span
style=3D'font:7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![en=
dif]><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'>My name is Mandy <=
span
class=3DSpellE>Chessell</span>.<span style=3D'mso-spacerun:yes'>&nbsp; </sp=
an>I am a Distinguished Engineer and Master Inventor at IBM.<span style=3D'=
mso-spacerun:yes'>&nbsp; </span>I work in the <span
class=3DSpellE>Hursley</span> Laboratories in the <st1:country-region w:st=
=3D"on"><st1:place
 w:st=3D"on">UK</st1:place></st1:country-region>.<span style=3D'mso-spaceru=
n:yes'>&nbsp;&nbsp; </span><o:p></o:p></span></pre><pre
style=3D'margin-left:.25in'><span style=3D'font-size:12.0pt;font-family:"Ti=
mes New Roman"'><o:p>&nbsp;</o:p></span></pre><pre
style=3D'margin-left:.5in;text-indent:-.25in;mso-list:l0 level1 lfo2'><![if=
 !supportLists]><span
style=3D'font-size:12.0pt;font-family:Symbol;mso-fareast-font-family:Symbol;
mso-bidi-font-family:Symbol'><span style=3D'mso-list:Ignore'>&middot;<span
style=3D'font:7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![en=
dif]><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'>My current role of=
 Distinguished Engineer is an executive position, similar to a Director, bu=
t responsible for technical strategy, rather than running a large organizat=
ion. Having both a business and a technical career path from entry level to=
 executive is <span
class=3DGramE>a strength</span> of IBM.<span style=3D'mso-spacerun:yes'>&nb=
sp; </span>It places technical experts at all levels of the organization, a=
dvising and influencing business leaders on technical matters. <o:p></o:p><=
/span></pre><pre
style=3D'text-indent:3.0pt'><span style=3D'font-size:12.0pt;font-family:"Ti=
mes New Roman"'><o:p>&nbsp;</o:p></span></pre><pre
style=3D'margin-left:.5in;text-indent:-.25in;mso-list:l0 level1 lfo2'><![if=
 !supportLists]><span
style=3D'font-size:12.0pt;font-family:Symbol;mso-fareast-font-family:Symbol;
mso-bidi-font-family:Symbol'><span style=3D'mso-list:Ignore'>&middot;<span
style=3D'font:7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![en=
dif]><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'>I have worked for =
IBM for 20 years, since graduating.<span style=3D'mso-spacerun:yes'>&nbsp; =
</span>During that time I have primarily worked on the development if IBM s=
oftware products.<o:p></o:p></span></pre><pre
style=3D'text-indent:3.0pt'><span style=3D'font-size:12.0pt;font-family:"Ti=
mes New Roman"'><o:p>&nbsp;</o:p></span></pre><pre
style=3D'margin-left:.5in;text-indent:-.25in;mso-list:l0 level1 lfo2'><![if=
 !supportLists]><span
style=3D'font-size:12.0pt;font-family:Symbol;mso-fareast-font-family:Symbol;
mso-bidi-font-family:Symbol'><span style=3D'mso-list:Ignore'>&middot;<span
style=3D'font:7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![en=
dif]><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'>IBM software produ=
cts are developed in stages.<span style=3D'mso-spacerun:yes'>&nbsp; </span>=
At the start, we build on the core function, working closely with a few cus=
tomers.<span style=3D'mso-spacerun:yes'>&nbsp; </span><o:p></o:p></span></p=
re><pre><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'><o:p>&nbsp;</o:p><=
/span></pre><pre
style=3D'margin-left:.5in;text-indent:-.25in;mso-list:l0 level1 lfo2'><![if=
 !supportLists]><span
style=3D'font-size:12.0pt;font-family:Symbol;mso-fareast-font-family:Symbol;
mso-bidi-font-family:Symbol'><span style=3D'mso-list:Ignore'>&middot;<span
style=3D'font:7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![en=
dif]><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'>The focus is very =
much on proving the value of the product with early adopters.<span style=3D=
'mso-spacerun:yes'>&nbsp; </span>These customers are interested in working =
with us because they hope to gain a competitive advantage by being the firs=
t to exploit the new capability. We hope to validate the ideas behind the p=
roduct and gain some customer references.<span style=3D'mso-spacerun:yes'>&=
nbsp; </span><o:p></o:p></span></pre><pre
style=3D'margin-left:.25in'><span style=3D'font-size:12.0pt;font-family:"Ti=
mes New Roman"'><o:p>&nbsp;</o:p></span></pre><pre
style=3D'margin-left:.5in;text-indent:-.25in;mso-list:l0 level1 lfo2'><![if=
 !supportLists]><span
style=3D'font-size:12.0pt;font-family:Symbol;mso-fareast-font-family:Symbol;
mso-bidi-font-family:Symbol'><span style=3D'mso-list:Ignore'>&middot;<span
style=3D'font:7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![en=
dif]><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'>Once the first ver=
sion (or two) has being built we shift to broadening its appeal to get mark=
et share.<span style=3D'mso-spacerun:yes'>&nbsp; </span>Finally, when the p=
roduct is well established in the market, we begin to <span
class=3DSpellE>stabilise</span> the function, making enhancements in respon=
se to customer requests.<o:p></o:p></span></pre><pre
style=3D'text-indent:3.0pt'><span style=3D'font-size:12.0pt;font-family:"Ti=
mes New Roman"'><o:p>&nbsp;</o:p></span></pre><pre
style=3D'margin-left:.5in;text-indent:-.25in;mso-list:l0 level1 lfo2'><![if=
 !supportLists]><span
style=3D'font-size:12.0pt;font-family:Symbol;mso-fareast-font-family:Symbol;
mso-bidi-font-family:Symbol'><span style=3D'mso-list:Ignore'>&middot;<span
style=3D'font:7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![end=
if]><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'>Despite this chang=
ing emphasis, there is no stage in a product's lifecycle that does not requ=
ire us to be early adopters of new ideas, standards and technologies.<span =
style=3D'mso-spacerun:yes'>&nbsp; </span>Even mature products that have bee=
n around for decades must adapt to the changing business environment.<span =
style=3D'mso-spacerun:yes'>&nbsp; </span>However, as the number of customer=
s increase, greater care must be taken in modifying the product to avoid di=
srupting their operation.<o:p></o:p></span></pre><pre
style=3D'text-indent:3.0pt'><span style=3D'font-size:12.0pt;font-family:"Ti=
mes New Roman"'><o:p>&nbsp;</o:p></span></pre><pre
style=3D'margin-left:.5in;text-indent:-.25in;mso-list:l0 level1 lfo2'><![if=
 !supportLists]><span
style=3D'font-size:12.0pt;font-family:Symbol;mso-fareast-font-family:Symbol;
mso-bidi-font-family:Symbol'><span style=3D'mso-list:Ignore'>&middot;<span
style=3D'font:7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![en=
dif]><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'>For my part, I hav=
e spent most of my time working on the creation of new products.<span style=
=3D'mso-spacerun:yes'>&nbsp; </span>It was through this work that I was app=
ointed a Master Inventor. <o:p></o:p></span></pre><pre><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'><o:p>&nbsp;</o:p><=
/span></pre><pre
style=3D'margin-left:.5in;text-indent:-.25in;mso-list:l0 level1 lfo2'><![if=
 !supportLists]><span
style=3D'font-size:12.0pt;font-family:Symbol;mso-fareast-font-family:Symbol;
mso-bidi-font-family:Symbol'><span style=3D'mso-list:Ignore'>&middot;<span
style=3D'font:7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![en=
dif]><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'>Identifying potent=
ial patents is built into our software development process.<span style=3D'm=
so-spacerun:yes'>&nbsp; </span><o:p></o:p></span></pre><pre><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'><o:p>&nbsp;</o:p><=
/span></pre><pre
style=3D'margin-left:.5in;text-indent:-.25in;mso-list:l0 level1 lfo2'><![if=
 !supportLists]><span
style=3D'font-size:12.0pt;font-family:Symbol;mso-fareast-font-family:Symbol;
mso-bidi-font-family:Symbol'><span style=3D'mso-list:Ignore'>&middot;<span
style=3D'font:7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![en=
dif]><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'>However, the skill=
 to spot an invention is one that has to be developed.<span style=3D'mso-sp=
acerun:yes'>&nbsp; </span>IBM appoints Master Inventors based on two criter=
ia. Firstly a person needs a sustained record of inventing and a reputation=
 for helping others to develop their ideas.<span style=3D'mso-spacerun:yes'=
>&nbsp;&nbsp; </span><o:p></o:p></span></pre><pre><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'><o:p>&nbsp;</o:p><=
/span></pre><pre
style=3D'margin-left:.5in;text-indent:-.25in;mso-list:l0 level1 lfo2'><![if=
 !supportLists]><span
style=3D'font-size:12.0pt;font-family:Symbol;mso-fareast-font-family:Symbol;
mso-bidi-font-family:Symbol'><span style=3D'mso-list:Ignore'>&middot;<span
style=3D'font:7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![en=
dif]><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'>So, the Master Inv=
entors are an identified group of mentors that assist the development teams=
 with their intellectual property.<o:p></o:p></span></pre><pre
style=3D'text-indent:3.0pt'><span style=3D'font-size:12.0pt;font-family:"Ti=
mes New Roman"'><o:p>&nbsp;</o:p></span></pre><pre
style=3D'margin-left:.5in;text-indent:-.25in;mso-list:l0 level1 lfo2'><![if=
 !supportLists]><span
style=3D'font-size:12.0pt;font-family:Symbol;mso-fareast-font-family:Symbol;
mso-bidi-font-family:Symbol'><span style=3D'mso-list:Ignore'>&middot;<span
style=3D'font:7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![en=
dif]><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'>Maintaining Techni=
cal Vitality is a key part of working in the IT industry.<span style=3D'mso=
-spacerun:yes'>&nbsp; </span>The landscape is changing so rapidly.<span sty=
le=3D'mso-spacerun:yes'>&nbsp; </span>So all technical professionals in IBM=
 are encouraged to mentor (and be mentored), to network across the company =
and to maintain their skills.<span style=3D'mso-spacerun:yes'>&nbsp; </span=
><o:p></o:p></span></pre><pre><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'><o:p>&nbsp;</o:p><=
/span></pre><pre
style=3D'margin-left:.5in;text-indent:-.25in;mso-list:l0 level1 lfo2'><![if=
 !supportLists]><span
style=3D'font-size:12.0pt;font-family:Symbol;mso-fareast-font-family:Symbol;
mso-bidi-font-family:Symbol'><span style=3D'mso-list:Ignore'>&middot;<span
style=3D'font:7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![en=
dif]><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'>In addition most i=
nnovation happens at the inter-section of different disciplines so we have =
the IBM Academy of Technology that engages senior technical professionals o=
n projects that require a cross-disciplinary approach.<o:p></o:p></span></p=
re><pre><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'><o:p>&nbsp;</o:p><=
/span></pre><pre
style=3D'margin-left:.5in;text-indent:-.25in;mso-list:l0 level1 lfo2'><![if=
 !supportLists]><span
style=3D'font-size:12.0pt;font-family:Symbol;mso-fareast-font-family:Symbol;
mso-bidi-font-family:Symbol'><span style=3D'mso-list:Ignore'>&middot;<span
style=3D'font:7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![en=
dif]><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'>Finally, in today'=
s world, no-one - not even a company as large as IBM- can do everything its=
elf.<span style=3D'mso-spacerun:yes'>&nbsp; </span>It is vital we maintain =
connections with universities, partners and customers to keep the energy an=
d flow of ideas alive.<o:p></o:p></span></pre><pre
style=3D'text-indent:3.0pt'><span style=3D'font-size:12.0pt;font-family:"Ti=
mes New Roman"'><o:p>&nbsp;</o:p></span></pre><pre
style=3D'margin-left:.5in;text-indent:-.25in;mso-list:l0 level1 lfo2'><![if=
 !supportLists]><span
style=3D'font-size:12.0pt;font-family:Symbol;mso-fareast-font-family:Symbol;
mso-bidi-font-family:Symbol'><span style=3D'mso-list:Ignore'>&middot;<span
style=3D'font:7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![en=
dif]><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'>To conclude, innov=
ation is necessary for long term success.<span style=3D'mso-spacerun:yes'>&=
nbsp; </span>It is hard to predict or control its origin. <o:p></o:p></span=
></pre><pre><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'><o:p>&nbsp;</o:p><=
/span></pre><pre
style=3D'margin-left:.5in;text-indent:-.25in;mso-list:l0 level1 lfo2'><![if=
 !supportLists]><span
style=3D'font-size:12.0pt;font-family:Symbol;mso-fareast-font-family:Symbol;
mso-bidi-font-family:Symbol'><span style=3D'mso-list:Ignore'>&middot;<span
style=3D'font:7.0pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><![en=
dif]><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'>So being connected=
, open and interested in many topics is important for us all.<span style=3D=
'mso-spacerun:yes'>&nbsp; </span>I am looking forward to this discussion.<o=
:p></o:p></span></pre><pre><span
style=3D'font-size:12.0pt;font-family:"Times New Roman"'><o:p>&nbsp;</o:p><=
/span></pre>

<p class=3DMsoNormal style=3D'tab-stops:list .5in left 45.8pt 91.6pt 137.4p=
t 183.2pt 229.0pt 274.8pt 320.6pt 366.4pt 412.2pt 458.0pt 503.8pt 549.6pt 5=
95.4pt 641.2pt 687.0pt 732.8pt'><o:p>&nbsp;</o:p></p>

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