2004 Winners
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Competition Summary
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MUEC 2004 had 41 entries competing for $85,000 worth of prizes.
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1st Place - IntelliGuard
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Product Description
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IntelliGuard defends organisations against malicious internet attacks from clusters of zombie computers aimed at disrupting their internet operations and denying service to their customers.
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Brief outline of initial concept:
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IntelliGuard's system, developed in conjunction with the University of Melbourne, applies sophisticated algorithms to a historical database of internet traffic to defeat existing and new DDoS attacks that other systems cannot.
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How did winning the competition assist the development of your product?
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The most rewarding aspect of competing in the competition is the end result of a detailed business plan that has been guided and critiqued be experts. The competitive aspect stimulates effort and the team spirit of us against all "them".
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Where is the product now?
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The product has been further developed to a working prototype ready for real world testing. We are also extending it to defend against attacks on Voice over IP (VoIP) systems. We are currently discussing funding with VC investors to extend the technology into new areas and grow our technical team.
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Where do you see the product in the next two years?
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IntelliGuard will develop its DDoS product to fully tested prototype then sell it to a global organisation to build and market. The many other innovative products in the company's pipeline will be similarly developed and sold. The proceeds will highly reward investors and fund ongoing R&D and commercialisation of new products.
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Primary Contact:
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Ken Baker
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Runner-up - MicroP
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Description
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MicroP is a mobile phone micro payments service that offers an alternative payment solution to cash for small transactions. The service enables customers using any mobile phone network to transact, while the billing is attributed to their mobile phone account or their linked credit card.
MicroP’s customers are vendors currently losing wealthy potential users, who have the means to purchase a product, have a credit card and a mobile phone, but don’t carry coins. MicroP solves this problem by providing a secure, fast, reliable method for customers to transact using their mobile phones.
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Primary Contact:
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Kevin Argus
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Runner-up - Loop 9 (formerly Message Stick)
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Description
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Message Stick provides a suite of traveler relationship management (TRM) services to travel agents that allows them to extend their relationship once the plane has departed.
The Flag ship product informs, protects and enhances the journey of the traveler by providing “on the go” interactive services including: nearest embassy whenever you land, weather forecasts, DFAT warnings, SMS translation service into local language and character sets, local events, email, news from back home. The service is personalized with the agent’s brand. Further services include post trip surveys, online travel and photo journal, email and SMS marketing to agents and customers.
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Primary Contact:
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Mark McCormack
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City of Melbourne Biotech Award - Innovative Viral Technologies
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Description
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Innovative Viral Technologies (IVT) is dedicated to the research, development and commercialisation of therapeutic treatments that prevent the emergence of viral drug resistance utilising the recently patented concept of Predictive Complementary Therapy (PCT).
IVT's primary research and development programs target the development of PCT to treat chronic viral diseases where prescribed antiviral efficacy is undermined by drug resistance.
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Primary Contact:
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David Dewshi
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