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A team of three UCLA Anderson School of Management UCLA Anderson School of Management is one of eleven professional schools at the University of California, Los Angeles. The school is consistently ranked among the country’s top-tier programs (currently #16 by US News and World Reporthttp://www.usnews.  students captured first place in the world's largest intercollegiate in·ter·col·le·giate  
adj.
Involving or representing two or more colleges.

Adj. 1. intercollegiate - used of competition between colleges or universities; "intercollegiate basketball"
 business plan competition.

Graduate students Nicholas Sect, Johanna Wright and Erik Haus earned a grand prize with an estimated value of $135,450 (including $100,000 in investment funding, $20,000 in cash, a year's worth of office space and services at the Houston Technology Center and plane tickets).

The trio, under the company name Auditude, created technology that monitors radio and television advertisements A television advertisement, advert or commercial is a form of advertising in which goods, services, organizations, ideas, etc. are promoted via the medium of television.  and music to ensure they aired at the correct number of times, at the right times and they weren't cut off too soon.

Seet, the company's founder and chief technology officer, is the only one of the three who will stay with the company. Wright and Hans, who were MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 colleagues but never employees of the company, will each get a third of the $20,000 prize but plan to pursue other business avenues.
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Title Annotation:THE LABJ'S L.A. Stories
Author:Greenberg, David
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1USA
Date:Apr 25, 2005
Words:156
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