businesspress24.com - Media Alert: X PRIZE Foundation to Announce Winners of $1.4 Million Wendy Schmidt Oil Cleanup X CHAL
 

Media Alert: X PRIZE Foundation to Announce Winners of $1.4 Million Wendy Schmidt Oil Cleanup X CHALLENGE

ID: 1044007

Competition Results Mark Major Breakthrough in Oil Spill Cleanup Technology

(firmenpresse) - PLAYA VISTA, CA and NEW YORK, NY -- (Marketwire) -- 10/10/11 --

Tomorrow, Tuesday Oct. 11, the , the leading nonprofit organization solving the world's Grand Challenges by creating and managing large-scale, global incentivized competitions, will announce the winners of the at an Awards Ceremony in New York City.

Launched in July 2010, in the wake of the Deepwater Horizon oil spill in the Gulf of Mexico, the Wendy Schmidt Oil Cleanup X CHALLENGE was designed to inspire entrepreneurs, engineers, and scientists worldwide to develop innovative, rapidly deployable, and highly efficient methods of capturing crude oil from the ocean surface. From more than 350 pre-registered teams, the final 10 teams tested their technologies this past summer to demonstrate their ability to recover oil on the sea-water surface quickly and efficiently.

Tomorrow's Awards Ceremony will celebrate the accomplishments of all 10 final teams from the competition and award the winning teams the prize purse totaling $1.4 million. Following the event, Wendy Schmidt and executives from the X PRIZE Foundation and Shell will be available for media interviews, as well as representatives from all 10 competing teams.

If you are unable to attend the Awards Ceremony tomorrow, you can access the results at after 12:30 p.m. ET.

, Chairman and CEO, X PRIZE Foundation

, Title Sponsor and President, Schmidt Family Foundation

, Executive Vice President, Exploration and Commercial, Shell Upstream Americas



*Winners announced between 10:00 - 11:30 a.m. ET
*Lunch reception following the announcement of the winners

, 450 East 29th Street, 2nd Floor, New York, NY 10016






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Bereitgestellt von Benutzer: MARKET WIRE
Datum: 10.10.2011 - 06:33 Uhr
Sprache: Deutsch
News-ID 1044007
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Petrochemicals


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"Media Alert: X PRIZE Foundation to Announce Winners of $1.4 Million Wendy Schmidt Oil Cleanup X CHALLENGE
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