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February 10, 2003
MBA/ENGINEERING COURSE CULMINATES IN WIN FOR
STUDENTS
Two masters of engineering students at Boise State
University have won $3,000 in a business plan competition. Funds for the award
were contributed by the business and engineering colleges, the department of
management and Dennis Bassford, president and CEO of MoneyTree Inc.
Robert J. Hanson and Russell A. Benson will receive their
awards and prize money at 11:30 a.m. Tuesday, Jan. 11, in the lobby of the
Engineering Technology Building. They intend to use their prize money to help
start a company called Clinical Notification Systems (CNS), which will
manufacture and market a complete solution for networking blood glucose
concentration data from individual patients to remote locations such as nursing
and diagnostic stations.
This type of technology, known as glucompeter telemetry,
could save individual nursing visits (three to five times a day) to patients and
residents who are diabetic. It is estimated that 30 percent of all inpatients
suffer from diabetes. In addition, telemetry monitoring would allow rapid
medical response to patients who have sudden major changes in their blood
glucose levels.
Hanson and Benson, both engineers at Micron, were enrolled
in a fall 2002 master�s level entrepreneurial class that is a collaboration
between the College of Engineering and the College of Business and Economics.
Advanced Topics in Entrepreneurship, taught by Newell Gough of the management
department, focuses on the entrepreneurial process � especially in the
technology field. This is the second year the course has culminated with a
business plan competition.
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Contact
Newell Gough
Department of management
426-4012
Media Contact
Kathleen Craven
Boise State communications and marketing
426-3275
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