Innovaro Financial Plan Approved by NYSE MKT

Innovaro, Inc. INV, The Innovation Solutions Company, announced today that on August 24, 2012, the Company received notice that the NYSE MKT LLC (the "Exchange") approved the Company's plan for regaining compliance with Section 1003(a)(iv) of the Exchange Company Guide by November 30, 2012 (the “Financial Impairment Plan”). Previously, on June 12, 2012, the Exchange notified the Company that it was not in compliance with Section 1003(a)(iv) of the Exchange Company Guide in that the Exchange believed that the Company had sustained losses which are so substantial in relation to its overall operations or its existing financial resources, or its financial condition had become so impaired that it appeared questionable, in the opinion of the See full press release