March 9 , 2006
The following 10 entries were selected to participate in the semifinals competition to be held April 21. Four finalists will be selected from the semifinalists to compete in the Selig I2P® UT Austin Finals Competition on April 22. The teams will compete for $8500 in cash prizes and a chance to enter the I2P® International Competion
The following product descriptions were copied with no alterations from the Round One submissions.
Product |
Chips2Gas |
Team Members |
David Horsey, Engineering (Chemical Engineering) |
The product is a compact wood gasifier that is attached to the side of trucks used by tree service companies to haul waste wood chips. The gasifier is fed a supply of wood chips from the truck, and generates a combustible gas mixture that is piped to the engines of the truck and attached chipper. |
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Product |
Derivatives Valuation and Risk Management Kernel |
Team Members |
Konstantin A. Mardanov, Natural Sciences (Computational and Applied Mathematics) |
Derivatives Valuation and Risk Management Kernel is a code library that implements a novel algorithm for valuation of financial derivatives and their risk management. The algorithm and the library provide a single, easy to understand and use framework for development of effective pricing engines for even the most complex financial derivatives. |
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Product |
FireMan: High Assurance Firewall Management System |
Team Members |
Alex X. Liu, Natural Sciences (Computer Sciences) |
FireMan is a security appliance with a suite of programs that assist security officers and administrators to manage securitypolicies enforced on their firewalls. Firewalls are crucial elements of network security. A firewall is a network trafficfiltering device serving as the security guard for a private network. Making a firewall to filter out just malicious traffic, nomore and no less, is extremely important, yet extremely difficult. FireMan makes this task significantly easier. |
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Product |
FOSS for pipeline leak detection |
Team Members |
Erik Azulay, Science and Technology Commercialization |
FOSS is a Fiber Optics Sensing System using enhanced stable lasers and optical amplifiers to allow long distance seismic based detection of disturbances along the fiber optic cable. By using the FOSS system, companies can continuously monitor pipelines for leaks, receive instant feedback on their precise location and respond immediately. It represents a vast improvement in cost, accuracy, sensitivity and detection time over current leak detection methods. |
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Product |
Injectable Nano-fabricated Disease Responsive Drug Delivery Device |
Team Members |
Abiola Ajetunmobi, Engineering (Mechanical Engineering) |
Our idea integrates concepts and technologies from the biomedical field and the semiconductor industry to develop a target site-sensitive nanocapsule that selectively delivers its contents to specific sites in the human body with the unique capacity for stimulus-triggered release. The idea for our product is a stimulus-responsive drug and/or imaging agent delivery device. |
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Product |
March Technologies |
Team Members |
Kevin Cinq-Mars, Natural Sciences (Mathematics) |
Water purification technologies are used to keep our water supply clean and make drinking water taste better. Unfortunately current technologies require the user to either utilize a faucet with an attachment or sacrifice a significant portion of their storage space to water that has not yet been filtered making filtration technology largely inaccessible for people on the go. March Technologies has a novel design for making great tasting, cheap water available to people on the go. |
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Product |
OPTER |
Team Members |
Raghavan Srinivasan, Engineering (Computer Engineering) |
A lot of clever routing strategies are employed in order to effectively use optical fiber links. The existing optical routers convert the incoming optical signal into its electronic equivalent and then processes them. This bottleneck greatly reduces the performance of the link as it is a dependent linear system. In order to overcome this problem we have designed an alloptical router that does not convert this optical signal, and directly processes it in it's optical form itself. |
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Product |
Semi Positive-Drive Continuously Variable Transmission |
Team Members |
Michael Richard Gallegos, Engineering (Undeclared) |
The Semi Positive-Drive Continuously Variable Transmission, designed with automotive applications in mind, allows for more power transfer during acceleration and greater efficiency at constant speeds, than other CVT’s, as well as other transmission types. It relies on durable, commonplace mechanical components, unlike friction-drive CVT’s which depend on belt pulleys and such, or its positive-drive counterparts which rely on Floating Sprocket Bars, or other fragile variablediameter mechanisms. |
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Product |
Software Service Meter (SSM) for SaaS |
Team Members |
Divakar Jandhyala, Business (MBA) |
Software as a service (SaaS) model is rapidly being adopted in the computer industry. Companies like Salesforce.com and Google are leaders in offering SaaS. This new model poses an interesting problem for vendors on pricing their business services, since it must account not just for software development costs, but also any additional operational costs. Software Service Meter (SSM) is a novel technology to measure and bill customers based on a pay as you use model. |
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Product |
Unidirectional rotational transducer to extract sea wave power |
Team Members |
Ignacio F. Gallardo, Natural Sciences (Physics) |
A wave transducer that converts oscillating sea water waves into electrical power. Novel hydro-turbine blades make the shaft rotate one way only; regardless of the direction of the axial water flow. This turbine collects energy even under several axial flows that may have opposite direction at the same time. Turbine stall times are reduced in comparison to unidirectional hydro-turbines when driven by oscillating currents. |
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| Hosts | Partners and Sponsors |
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Selig Fund in Entrepreneurial Studies Roden Center of Entrepreneurship |






