Newswise — Canditto has won the first place $30,000 prize in the Babson Innovation Competition that took place on Thursday, Oct. 2, 2008.

The competition was part of the day-long Babson Forum on Entrepreneurship and Innovation, organized by MBA students at the F.W. Olin Graduate School of Business at Babson College.

Canditto is a patent-pending kiosk that collects event photos and produces a CD collection by the end of the event. It was established by Richard "Rush" Hambleton, F.W. Olin Graduate School of Business at Babson College. http://www.canditto.com/

Other finalists were:

Bluepak: Geoffrey Reed and Eric Chesin, Columbia Graduate School of Business; Bluepak will enable local pharmacies to package an individual's prescription and non-prescription drugs into single, easy to use daily packs.

Logimed, Inc.: Sumona Nag from team of four mechanical engineers, Stanford University; Logimed is a rapid suture device that allows quick, safe, and easily executed closure of laparoscopic incision wounds after surgical intervention.

Team of Judges: Susan Keller, Edwards Angell Palmer & Dodge; Matt Downs, Sandbox Industries; Will Robinson, Ideablob by Advanta; Rhett Neuenschwander, Huntsman Gay Global Capital; and Frank Zenie, the Zenie Group.

For more information, visit the Babson Forum website: http://www.babsonforum.com.

Babson College in Wellesley, Mass., is recognized internationally as a leader in entrepreneurial management education. Babson grants BS degrees through its innovative undergraduate program, and grants MBA and custom MS and MBA degrees through the F.W. Olin Graduate School of Business at Babson College. Babson Executive Education offers executive development programs to experienced managers worldwide. For information, visit http://www.babson.edu.

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