Rice University Alliance will visit the NASDAQ MarketSite along with Dynamics Inc., of Carnegie Mellon University, the Grand Price winner of the 2009 Rice University Business Plan Competition. Dynamics, Inc., produces next-generation interactive payment cards that utilize programmable magnetic stripes to communicate dynamic information to the 60 million 1970s era magnetic stripe readers that are used in our day to day payment card transactions.
In honor of the occasion, Jeff Mullen, Chief Executive Officer of Dynamics, presides over the Closing Bell as the winners of the Rice University Business Competition.
Who:
* Jeff Mullen, Chief Executive Officer of Dynamics, Inc.
* Brad Burke, Managing Director of Rice Alliance for Technology
* Mary Lynn Fernau, Marketing Director of Rice Alliance for
Technology and Entrepreneurship
* Philana Diaz, Competition Director of Rice Alliance for Technology
and Entrepreneurship
* Marti Boone, Senior VP of Marketing, Greater Houston Partnership.
About Dynamics, Inc.:
Dynamics, Inc. produces next-generation interactive payment cards that utilize programmable magnetic stripes to communicate dynamic information to the 60 million 1970s era magnetic stripe readers that are used in our day to day payment card transactions.
About the Rice Alliance for Technology and Entrepreneurship:
The Rice Alliance for Technology and Entrepreneurship is Rice University's flagship initiative devoted to the support of entrepreneurship. The Rice Alliance's mission is to provide entrepreneurship education and to support the commercialization of technology innovations and the creation of new companies in the Texas and Houston region. Since its inception in 1999, the Rice Alliance has assisted in the launch of more than 240 new technology companies, which have raised more than half a billion dollars in early stage funding. Of these, approximately 30 companies have been launched based on technology developed by Rice faculty and researchers and licensed from the Rice Office of Technology Transfer.
Unique among many entrepreneurship centers, the Rice Alliance was formed as a strategic alliance of three schools at Rice University: the George R. Brown School of Engineering, the Wiess School of Natural Sciences and the Jesse H. Jones Graduate School of Management.
In 2009, the Rice Alliance was named the Outstanding Specialty Entrepreneurship Program for technology entrepreneurship in the U.S. by the United States Association for Small Business and Entrepreneurship and Houston's Greatest Economic Development Ally by the Greater Houston Partnership.
In 2008 and 2007, Rice University was recognized as having one of the top 25 graduate entrepreneurship programs in the U.S. by The Princeton Review and Entrepreneur magazine (No. 16 in 2008). In 2007, the Rice Alliance was recognized as the No. 1 university entrepreneurship center in the U.S. for enterprise creation by the Global Consortium of Entrepreneurship Centers.
About NASDAQ OMX:
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with over 3,900 listed companies. NASDAQ OMX Group offers multiple capital raising solutions to companies around the globe, including its U.S. listings market; NASDAQ OMX Nordic, NASDAQ OMX Baltic, including First North; and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and ETFs.
NASDAQ OMX Group technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX Group exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com.
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