"Our charge was to examine the challenges facing American workers and
offer strategies to communicate with them about the importance of saving for
retirement," stated Sheridan. "MassMutual is at the forefront of the industry
in developing innovative ways to encourage more American workers to save for
retirement.World Summit on Innovation and Entrepreneurship Attended by 600 of the World's
Leading Innovators and Entrepreneurs From 55 Countries

MUSCAT, Oman, A strategy to encourage innovation
and entrepreneurship in emerging nations was agreed to in a gathering of
business, government and NGO leaders from around the world in a three -day
meeting in Muscat, Oman that concluded today."
The components agreed to at the gathering include:

1.

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The organization delivers powerful solutions for a cross section
of prestigious clients, ranging from leadership capacity building to alliance
management for global live forums and innovative productions.

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The SAVER Summit, mandated by Congress, was
held on March 1 and 2 in Washington, D.
The delegates gathered to design generation-specific strategies that will
promote individual savings throughout a worker's lifetime.

2.

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4.

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Ian Sheridan of MassMutual Retirement Services Selected as DOL's SAVER Summit Delegate

Department of Labor (DOL).

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6. Additional information is available at http://www.

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World Leaders Commit to Initiatives to Encourage Innovation and Entrepreneurship in Emerging Nations

Access to Capital - Establishing public-private partnerships to
generate the funds necessary for entrepreneurs to transform their
creative ideas into lucrative enterprises.

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Our e4SM wireless handheld enrollment technology is one example of
that leadership," he added. DuMont, Cisco Systems vice president and global managing director; Kenneth
P.

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Participants included leaders such as Oman's
minister of Commerce + Industry, His Excellency Maqbool bin Ali Sultan;
Michael D.

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White, chairman of PepsiCo International; Richard Stevens , Boeing
senior vice president; Jonathan Lord, Humana chief innovation officer; Stephen
R. Cultural Collaboration - Encouraging cross-culture collaboration that
enables countries and businesses to work together.

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This category is for sites on conferences regarding various social issues.

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Secretary of Labor Elaine L.com/cgi-bin/prnh/20060308/NEW028 )

MassMutual Contact: Lisa Reilly
(413) 744-0589
lreilly@massmutual.
"In this gathering we laid the groundwork for historic advancement among
emerging nations, not only by charting the course that will enable them to
prosper, but by winning the commitment of business and government leaders to
make the changes necessary to facilitate the success of entrepreneurs and
build a culture of innovation," said Sam Hamdan, chairman of the Global
Leadership Team which arranged the gathering . Social Innovation - Eliminating red tape and regulatory impediments to
business success and streamlining procedures, making citizens the
center of policy making.gltweb.

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S., and assembled leading experts on
the subject of retirement planning with the goals of:

* advancing the public's knowledge and understanding of retirement savings
and its critical importance to the future well-being of workers and
their families;

* facilitating the development of a broad-based, public education program
to encourage and enhance individual commitment to a personal retirement
savings strategy; and;

* developing recommendations for additional research, reforms and action
in the field of private pensions and individual retirement savings . Youth Innovation - Creating a culture of innovation among young people
by rewarding risk -taking.

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C.

7.
Based in Birmingham, Michigan, Global Leadership Team (GLT) is a networked
professional services organization comprised of highly skilled visionaries,
branding strategists , management consultants, thought leaders, developers and
integrators.

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The path outlined by the world
leaders includes establishing knowledge-based business clusters, cultivating a
culture of innovation among youth, facilitating access to capital, identifying
best practices, eliminating red tape, empowering women and encouraging cross-
culture collaboration.
The Summit, which was the first of its kind in the Middle East, aimed to
develop practical solutions to address the most important issues facing
emerging nations and to inspire the development of the next generation of
entrepreneurs and innovators. "The next step, which we will
announce soon, will be a partnership between a Fortune 100 corporation and one
of the world's most populated Third World countries to test pilot what we have
learned at this Summit. Best Practices - Identifying best practices among nations and building
a vehicle for key learnings to be shared across borders and industries.


"By taking the necessary steps to change policy and obstructive cultural
barriers and working in collaboration with the private sector, emerging
countries that have struggled for economic success in the past can achieve
what, until now, has been unachievable," said Hamdan.

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newscom.

5.

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, Ian Sheridan, vice president,
MassMutual Retirement Services division, was selected as a delegate for the
2006 National Summit on Retirement Savings (SAVER Summit), sponsored by the
U.com .

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Chao addressed a crowd of 250 leaders in the
retirement savings community at the event and challenged them to find ways to
encourage Americans to save.com

3.

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Morse, managing director of MIT's Entrepreneurship Center; Tom Stewart,
editor-in-chief of Harvard Business Review; and Ahmed Sheikh, editor-in-chief
of Aljazeera.

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SPRINGFIELD, Mass.

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(Photo: http://www. Innovation Clusters - Developing knowledge-based centers with the
infrastructure and business-friendly policies necessary to create an
environment that facilitates the success of technology start -ups. Empowerment of Women - Making a commitment for equality in the
workplace by giving women the support, access and opportunities needed,
both in education and business, to contribute to the overall good of
their nations' economies. GLT Centers of
Leadership work in partnership with over 20 international governments and
numerous private sector companies, as well as non-profit organizations and
publications.

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