For Immediate Release – Lawton, OK, April 14, 2006 Cameron’s CETES launches LTEC contest The next great invention or technology business is out there, and Cameron University wants to find it. Cameron’s Center for Emerging Technology and Entrepreneurial Studies (CETES) launched the Lawton/Fort Sill Technology Entrepreneur Contest (LTEC) this month with prizes valued at more than $100,000. “The Lawton/Fort Sill community is a remarkable area, and we are confident that a groundbreaking invention or superior technology-based business is right here,” said Peter Abramo, Ph.D., Executive Director of CETES. “CETES is committed to impacting economic growth in our surrounding community. This contest is designed to not only spur such growth but to help make several inventors’ and entrepreneurs’ dreams come true.” Abramo added that the contest will provide the local community with an example of how to begin a new business, as well as showcase the resources readily available in the local community. Those who participate in LTEC must either have an idea and/or prototype for a product, or have a business plan with technology focus. Each entry will be judged on idea concept, originality, creativity, marketability and potential growth prospect. A panel of local experts will review all entries and select five semi-finalists. “Each business proposal is encouraged to have an entrepreneurial team,” Abramo said. “The team must be designed with individuals who will manage the new business and individuals who will be in charge of technological development of the product.” (over) LTEC, ADD ONE Three winners will be selected from the five semi-finalists. The first-place business or idea will receive free office space in the CETES incubator, intellectual property protection, market research, marketing, business plan and prototype development, website creation as well as additional business development support. LTEC is sponsored by a $130,000 Economic Development Enrichment Fund grant, received early this semester from the Oklahoma State Regents for Higher Education, The grant, which is one of only five awarded in Oklahoma, was part of a special initiative to support activities of economic, workforce and community development initiatives that are within an institution’s strategic plan. For full contest rules or to apply, call 580.581.5447 or visit the CETES website at www.cetes.org. Application deadline is 5 p.m., Friday, June 9, 2006. – 30 – PR# 06-063 Editors and Broadcasters: For more information, contact CU Government & Community Relations at 580.581.2211.