UC s Progressive Cooling Solutions Team Navigates the 'Jungle' 

Jungle Media Group, Fenwick & West LLP and Knob Creek have announced the semi-finalists for the 2006 "Jungle Business Plan" Challenge, including UC's Progressive Cooling Solutions team.

"With over 200 new venture plans trying to get in, to be one of the final 24 is quite an accomplishment in and of itself," says UC Professor Charles Matthews. "Add to that the company we will be keeping in the MBA Jungle competition (a veritable who's who of top schools) and it will be quite the competition."

As in previous years, the Jungle Challenge was open to top entrepreneurs from MBA campuses around the world with the criterion that one of the founding team members must be a current candidate for a masters in business administration (MBA). After careful review, the following teams were selected as semi-finalists. These teams will meet April 27 and 28 at the California offices of Fenwick & West and go head to head before some of the nation’s top venture capitalists (VC). The teams will be competing for $30,000 in cash and legal services, as well as the chance that one of the VCs will fund their idea.

 
The 2006 Semi-Finalists

• Healthcare Research Group, American University (Kogod)
• NeuroLife Noninvasive Solutions, Inc., Carnegie Mellon GSIA
• Cytex Therapeutics, Duke (Fuqua)
• ProJoe.org, Duke (Fuqua)
• Renaissance Biotechnology, MIT (Sloan)
• Avanti, MIT (Sloan)
• Adaptive Hearing Solutions, Stanford Graduate School
• of Business
• LiquidTalk, University of Chicago
• PrepMe Premium Test Preparation, University of Chicago
• RocketJot, University of Chicago
• Sun Phocus Technologies, University of Chicago
• Vunari Technologies, University of Chicago
• Progressive Cooling Solutions, LLC, University of Cincinnati
• Intelligun, University of Michigan, Ann Arbor
• Savium Technologies, University of Michigan, Ann Arbor
• Intellitoys, University of Pennsylvania (Wharton) 
• Silicon Servo Inc, UC–Berkeley (Haas)
• IDA Technologies, UC–Davis Graduate School of Management
• Recovered Pulp Technologies, University of Waterloo
• Cellugen Inc., University of Waterloo
• Nanodrivers, University of Waterloo
• dayStreamer, University of Southern California (Marshall)
• Krasis, University of Texas–Austin (McCombs)
• NewView medical, Vanderbilt (Owen)

UC’s Progressive Cooling Solutions team has been on a winning streak, taking 1st runner-up honors and $5,000 in the 2006 "Stuart Clark New Venture Challenge" held in Winnipeg, Manitoba. The team earned 2nd runner-up honors at UC’s “Spirit of Enterprise” competition in February. Progressive Cooling Solutions is led by UC College of Engineering doctoral student and entrepreneur Ahmed Shuja.

This is the sixth year for the prestigious international competition. Fenwick & West is celebrating its third year as a sponsor, and Knob Creek is a first-time sponsor.

About the Sponsors

Established in 1972, Fenwick & West LLP is one of the nation's premier law firms providing comprehensive legal services to national and international high technology and life sciences clients. The firm was recently ranked by Dow Jones as the third most-active U.S. law firm in helping IT clients raise venture capital and by MergerMarket as the #1 U.S. law firm for technology sector M&A. Jungle Media Group's mission is to inform and entertain young, affluent professionals, and to provide them with the tools they need to master the Art of Success. Jungle's properties include award-winning Jungle and Jungle Law magazines, Web sites, conferences and books. Jungle Media Group is also a leading publisher of diversity and diversity recruitment titles, including Savoy Professional, a career and lifestyle magazine for African-American executives, and Hispanic Professional, which it publishes in partnership with the National Society of Hispanic MBAs. In 2004 JMG published Your Career, in partnership with the Wall Street Journal. Jungle Media Group also publishes on behalf of over 20 top universities and educational institutions around the world.