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UAH teams dominate state in business plan competition (4/23/2007)

The University of Alabama in Huntsville placed four teams in the top eight in Alabama Launchpad, a statewide business plan competition that is affiliated with state universities.

These eight entries have been reduced from more than 60 entries in the first round of competition. While UAH led the competition with four teams, the University of Alabama at Birmingham had two entries, and Auburn University also had two entries.

Below is a list of the teams with their affiliated institution, and a brief description of their business idea.

The Alabama Launchpad Finale will take place in May at the Dixon Conference Center on the campus of Auburn University.

Teams will present their business ideas to a panel of judges with experience in venture capital and technology start-ups. The teams are competing for a grand prize of $100,000 cash. Second place will receive $50,000 and third place will receive $25,000.

• AT Biosciences, LLC. (UAH): Team is led by Dr. Jason Feng, a research professor in the Department of Biological Science. AT Biosciences has developed molecular biomarkers for academic research and clinical diagnosis using a new patent-pending technology.

• Halo Research (UAH): Team is led by Mr. Chris Otto, a recent Master of Science graduate from the Department of Electrical and Computer Engineering. Halo Research has developed a wearable health monitoring system that uses wireless technology to monitor health and lifestyle of elderly.

• Intelligent Cellular Systems (UAH): Team is led by Mr. Aaron Hammons, a recent graduate of UAH. The company has developed a compact, precision cell-culture system that provides greater experimental control, and reduces human error and costs.

• Q-Track (UAH): Team is led by Mr. Jerome Gabig. Mr. James Fluhler, a current student at UAH, is also on the team. Q-Track uses patented wireless technology to track people and physical assets indoors on a real-time basis using near-field electromagnetic ranging.

• Distributed Carpet Nylon Recycling (Auburn): Team is led by Dr. Paul Swamidass, a professor of Management at the Auburn University College of Business. The company has developed a patented chemical process for recovery and recycling of nylon from waste carpet.

• Facilitaire (UAB): Team is led by Mr. Ron Baldwin, a 2005 graduate of the Master of Science in Electrical Engineering Program. Facilitaire uses prototyped tools for improving communications between IT professionals and business managers using a pay-for-use online platform.

• Ocumedic (Auburn): Team is led by Dr. Mark Byrne, Assistant Professor in the Department of Chemical Engineering. Ocumedic is a drug delivery company with a proprietary, patent-pending technology that creates therapeutic contact lenses for treatment of ocular diseases.

• Physician’s Innovations (UAB): Team is led by Mr. Marc Krawitz, a graduate of the UAB Master of Business Administration Program. The company is a systems integration firm specializing in Electronic Medical Record (EMR) solutions for smaller medical facilities.

For more information:
Ray Garner, (256)UAH-NEWS

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