ADVISORY, Aug 23, 2010 (GlobeNewswire via COMTEX News Network) -- What:
Wharton Business Plan Competition (WBPC) winners, Cortical Concepts, consisting of students from the University of Pennsylvania and The John Hopkins University, will visit the NASDAQ MarketSite in New York City's Times Square.
Cortical Concepts has developed a device for use in spinal surgery that increases the strength of fixation in osteoporotic bone.
In honor of the occasion, members of the winning team and representatives of WBPC will preside over the NASDAQ Closing Bell.
The Wharton School of the University of Pennsylvania and The John Hopkins University are NASDAQ OMX Educational Foundation partners.
-- Stephanie Huang, team leader, Cortical Concepts -- Jason Hsu, team member, Cortical Concepts -- Christopher Komanski, team member, Cortical Concepts -- Evan Luxon, team member, Cortical Concepts -- Nicolas Martinez, team member, Cortical Concepts -- Jay Khanna, team advisor, Cortical Concepts
NASDAQ MarketSite -- 4 Times Square -- 43rd & Broadway -- Broadcast Studio
Monday, August 23rd, 2010 at 3:45 p.m. to 4:00 p.m. ET
Peter Winicov Senior Associate Director Wharton Communications (215) 746-6471 Winicov@wharton.upenn.edu
Phil Sneiderman Senior Media Representative for Engineering/Technology Office of News and Information, The Johns Hopkins University (443) 287-9907 email@example.com
Robert Madden (646) 441-5045 Robert.Madden@NASDAQOMX.com
The Closing Bell is available from 3:50 p.m. to 4:05 p.m. on AMC-3/C-3 (ul 5985V; dl 3760H). The feed can also be found on Ascent fiber 1623. If you have any questions, please contact Robert Madden at (646) 441-5045.
An audio transmission of the Closing Bell is also available from 3:50 p.m. to 4:05 p.m. on uplink IA6 C band/transponder 24, downlink frequency 4180 horizontal. The feed can be found on Ascent fiber 1623 as well.
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A live webcast of the NASDAQ Closing Bell will be available at: http://www.nasdaq.com/about/marketsitetowervideo.asx
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About Cortical Concepts:
Cortical Concepts is a team of four Johns Hopkins University master's degree students who graduated recently after completing a yearlong program offered through the university's Center for Bioengineering Innovation and Design. Working with clinical sponsor A. Jay Khanna, an associate professor of orthopedic surgery in the Johns Hopkins School of Medicine, the team developed a system to make spinal surgery more successful in patients with osteoporosis. The inventors have applied for a provisional patent and are seeking to move the technology toward clinical use. Joined by Stephanie Huang, who earlier earned a bachelor's degree at Johns Hopkins, the student team won the $20,000 Michelson Grand Prize in the 2010 Wharton Business Plan Competition.
About Wharton Business Plan Competition (WBPC):
The Wharton Business Plan Competition (WBPC) is among the leading university-run business plan competitions. The WBPC was launched in 1998 by the Wharton Entrepreneurship Club and is now part of Wharton Entrepreneurial Programs, which co-manages the event with a specially selected student committee. The WBPC is open to all students at the University of Pennsylvania and, since its inception, has drawn over 150 student teams each year, comprising nearly 400 participants from Schools across the University of Pennsylvania.
About NASDAQ OMX Educational Foundation:
The mission of The NASDAQ OMX Educational Foundation is to promote learning about capital formation, financial markets and entrepreneurship through innovative educational programs. It was established in New York City in 1994 and is supported entirely by contributions from The NASDAQ OMX Group, Inc.
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 approximately 3,600 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX 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 exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com. Please follow NASDAQ OMX on Facebook (http://www.facebook.com/nasdaqomx) and Twitter (http://www.twitter.com/nasdaqomx).
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: The NASDAQ OMX Group, Inc.
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