25th Annual Knapp Venture Competition at UCLA Anderson.

UCLA Anderson School of Management:

WHAT: The student-run Knapp Venture Competition provides UCLA Anderson
      students with an intensive learning experience in the venture
      initiation process. The competition began with 36 student teams
      which have been narrowed down to five finalists. Participating
      in the Knapp Venture Competition prepares students - whether
      they will be founders, financiers, consultants, marketers, or
      general managers - for these experiences by simulating the
      process of starting and evaluating an entrepreneurial
      enterprise.  This year's Knapp competition will award more than
      $20,000 in prizes. Numerous businesses have been launched over
      the years as a result of Knapp entries, including stamps.com and
      eFriendsnet. Last year, Knapp winner Auditude licensed its
      technology to Premiere Radio Networks, the syndication division
      of Clear Channel Communications (and won $135,450 from
      additional competitions).

      The Final Five Teams competing are:

WHO:  logicAlloy:  Hans Isern,  MBA 2007; Jeff Lee, MBA 2007; Ron
      Jaiven, MBA 2007; Peter Calveley, MBA 2007; Edward Blazer
      logicAlloy is an open-source provider of RFID middleware.

      Precision Reproduction: Greg Samson, MBA 2007; Jeff Kendig, MBA
      2006; Ben Koff, MBA 2006; Sanjaya Mohottala, MBA 2007
      Precision Reproduction has developed, patented and tested a
      device and procedure for improving the success of in-vitro
      fertilization.

      Okoro Technologies: John Okoro, MBA 2006; Darryl Brumfield
      Okoro Technologies offers high end Internet consulting to small
      and medium size businesses.

      Synergy Therapeutics: Matt Panuwat, MBA 2006; Peter Catalino,
      MBA 2005; Bede Broome, other graduate program; Karoon Monfared,
      undergrad; Bassel Riffai, undergrad
      Synergy Therapeutics is an early-stage biotechnology company
      that is focused on combining medicines to fight disease in a
      novel way.

      The Filling Station: Jack Farris, MBA 2006; John Tabis, MBA
      2006; Ryan Sakamoto, MBA 2006; Gary Hsueh, MBA 2006
      The Filling Station will create the world's first self-service
      bar interface.

WHEN: 5 p.m. -9:30 p.m., Thursday, May 25.

WHERE: Korn Convocation Hall, UCLA Anderson School of Management.

CONTACT: Mary Hardin, UCLA Anderson Media Relations, [phone]
         or [e-mail]