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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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