Entrepreneurs Prosper at Innovation Conference

Entrepreneurs Prosper at Technology Conference

March 31, 2008

Two teams sponsored by The Institute for Innovation and
Entrepreneurship at UT Dallas finished “in the money” at the CEDIC
New Venture Championship competition held in Arlington on March 26-27.

The competition, held in connection with the World’s Best
Technology Showcase, was sponsored by the Center for Economic
Development, Innovation and Commercialization, a cooperative
initiative of the 12 universities making up the Big 12 Conference.

First place and a $10,000 prize went to a medical device company,
MicroTransponder Inc., headed by Will Rosellini. Rosellini received
his MBA from the School of Management at UT Dallas in 2003 and is
currently enrolled as a Ph.D. candidate in the School of Behavioral
and Brain Sciences.

MicroTransponder is commercializing a wireless neurostimulation
device for the treatment of peripheral nerve pain, based on UT Dallas
technology originally developed by Dr. Larry Cauller, an associate
professor in the School of Behavioral and Brain Sciences.

With the first-place finish, MicroTransponder also received an
invitation to compete in the prestigious 2008 Global Moot Corp
Competition sponsored by UT Austin. Dr. Joseph Picken was the faculty
adviser.

Third place and a $2,000 prize went to Pungo Inc., developers of
“Ref for the Deaf.” The product, which won the top prize in last
fall’s UT Dallas Business Idea Competition, was represented in the
CEDIC competition by MBA students Tim Gutschlag and Jonathon Hoak.
Robert Robb was the faculty adviser.

Pungo is developing a patented, portable, wearable vibrating device
to alert deaf participants in sporting events to the referee’s
whistle, buzzer or other signal used to signal a stoppage in play. The
device is based on patented technology conceived by Celia Beron,
currently an eighth-grade student in the Richardson Independent School
District. Celia is the daughter of Kurt Beron, a Professor in the
School of Economics, Political and Policy Sciences.

Teams from UT Austin, Texas A&M, Baylor, Oklahoma State, New Mexico,
Missouri, and Texas Tech were also represented in the competition.

The Institute for Innovation & Entrepreneurship is designed to
nurtures the devlopment of new ventures at UT Dallas. It is a
collaboration of the schools of Arts and Humanities, Behavioral and
Brain Sciences, Engineering and Computer Sciences, Management, Natural
Sciences and Mathematics, and Economic, Political and Policy Sciences.

More information: http://innovation.utdallas.edu

Media contact: Office of Media Relations, UT Dallas, (972) 883-2155,
[email protected]

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