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MIT Sloan Fellows Beat Harvard Business School in Strategy War Game

MIT  Sloan Fellows participated in the second annual strategy war game with Harvard Business School sponsored and organized by Fuld and Company.

This year's topic was the battle for digital entertainment supremacy.  Students from both universities prepared and presented strategies for one of four companies (NewsCorp, Microsoft, Apple and Verizon).  The event lasted from 2:30 - 11:00 p.m. and MIT once again prevailed over HBS capturing both of the top two spots.

This victory marks the second consecutive win for MIT.

Congratulations and thanks go to all the participants in the event:

Scott Brinker
Catherine Calarco
Suzanne Frey
Todd Gershkowitz
Hudson Gilmer

Haggai Goldfarb

Venkat Maroju

Mike Mulligan
Vaideeswaran Prabhakar
Gladys Priso
Liam Reid
Brad Rosen
Dharmesh Shah
Shiva Venkatraman


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Ric Fulop (SF06) Raises Series C Funding for A123 Systems

A123Systems Receives $30 Million Investment to Increase Production and Expand its Battery Product Portfolio into New Markets, including Hybrid Electric Vehicles

“We’re looking forward to using this capital to expand China manufacturing and our product line for hybrid vehicle batteries and for large format alternative energy storage load balancing for solar and other markets” said Ric Fulop, Founder and VP of Business Development and Marketing of A123Systems.

The full article of the news can be viewed here:
http://www.a123systems.com/html/news/articles/060206_pr.html



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Nancy O'Hare (SF06) Receives 2005 NEACSM Honor Award

Nancy O'Hare (MIT Sloan Fellows Program, 2006) has been selected to receive the NEACSM Honor Award.

"I am really thrilled about this - as it is through leading this organization as President Elect, President and Past President, that I developed my plan to pursue management education and ultimately joined the MIT Sloan Fellows Program", commented Ms. O'Hare.

The New England Chapter of the American College of Sports Medicine (NEACSM) maintains a web presence here:

http://www.neacsm.org/



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Bruce S. Gordon, SF '88 to lead NAACP

Bruce S. Gordon, SF ‘88, has been named president of the NAACP, the nations oldest and largest civil rights group, a move greeted with enthusiasm by black business leaders and others impressed with his corporate background. Gordon says he will work to focus the NAACP on a more economic-based approach to civil rights. “I happen to think that when you have economic stability and equality,” he told the New York Times, “that often becomes an enabler for social equality.”



A 1988 graduate of the MIT Sloan Fellows Program, Gordon recently retired from Verizon, where he was president of the retail markets group with more than 30,000 employees and annual revenues of $20 billion. In recent years, Gordon has been named among Fortune magazines 50 Most Powerful Black Executives and Black Enterprise magazines Executive of the Year. Gordon has credited the MIT Sloan Fellows Program with giving him the critical insight he needed to reach those milestones.

-- From the upcoming issue of the MIT Sloan Alumni Quarterly, due out this fall.


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Fellows Launch Wadsworth Medical Technologies

Sloan Fellows Jim Mills and Andrew Fox (Class of 2005) have officially "launched" their new startup: Wadsworth Medical Technologies (WMT).

WMT was also an entrant in the well recognized MIT $50k competition and made it all the way to the finals.

Wondering where the name came from?

Andy Fox: "About a month ago, I dropped Jim off at Sloan after a meeting in downton Boston. We were discussing company names and I looked up at the street sign and asked Jim what he thought of Wadsworth Medical Devices. Bingo! We had a name. Later that evening, I realized that Wadsworth Medical Devices could be shortened to WMD -- and we decided that this would not bode well for a life sciences startup."

So, they finally settled on Wadsworth Medical Technologies (WMT). The rest, as they say, is history.

You can visit the startup's new website at:

http://www.wadsworthmedical.com





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MIT Sloan Fellows Celebrate At The Fenway



The MIT Sloan Fellows celebrate their summer of 2005 "survival" party at Boston's historic Fenway park.
 
Amongst the hilights of the event (other than the usual fun and frolic) were the posting of the MIT logo on the Fenway park sign and the unveiling of the official "reverse the curse" trophy from the recent Red Sox victory.


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Dharmesh Shah (SF06) Sells Software Company

Dharmesh Shah, MIT Sloan Fellow 2006 announced today that his first software startup, Pyramid Digital Solutions was acquired by SunGard Business Systems.

Dharmesh bootstrapped Pyramid Digital Solutions in 1994. Pyramid was an enterprise software company focused on the financial services sector.

Pyramid had experienced exceptional growth since its founding and was a three time winner of the Inc. 500 award.





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