University of Maryland Announces Finalists for $75K Business Plan C...(etplace platform businesses submit their...)

Date:4/8/2009

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Team: Reed Alexander Atkin, MBA student; A. Zachery Girod, MBA student; Benjamin C. Hatten, MBA student.

• The Nuorasi Group, LLC: is developing a revolutionary distribution center order fulfillment system that will advance the current industry standard pick-to-light systems, addressing and overcoming their weaknesses with an innovative, elegant and cost effective product known as Laser Pick. Integrating Laser Pick with their existing software suite and the extensive supply chain experience of their principals, The Nuorasi Group is poised to revolutionize the order fulfillment systems and processes found in virtually every distribution center throughout the world.

Team: Shirin Bansal, MBA student; Theodore Economy, partner/CTO, The Nuorasi Group; Vikram Gupta, partner, The Nuorasi Group.

Finalists in the Biotechnology Category include:

• Callinix: provides a microfluidic, drug-screening test bed using proprietary technology to bind cells and commercially relevant biological components, providing a cheaper and faster alternative to traditional well-plate methods. The Callinix test bed addresses a critical problem in the current drug discovery process, namely the large number of formulations that must be screened in order to produce a commercial pharmaceutical drug. Rapid and efficient screening of the potential drug chemistries on the Callinix test bed in a manner that mimics the in vivo real-world application produces drug candidates better suited to secure
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SOURCE University of Maryland Copyright©2009 PR Newswire. All rights reserved

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