Archive for the ‘Uncategorized’ Category

Insert Coin: Alarm clock makes you enter a code to silence it, in another room (video)

In Insert Coin, we look at an exciting new tech project that requires funding before it can hit production. If you'd like to pitch a project, please send us a tip with "Insert Coin" as the subject line.
We love the snooze button as much as everyone else. But we've all postponed exiting the comfort of our Tempur-Pedic one too many times. Enter the Ramos alarm clock, a rise-and-shine solution that integrates a Defuse Panel in order to silence your wake-up call. Don't expect to stay in bed to enter the code either, as the keypad can be wirelessly situated in another room to prevent further slumber. Two time keeping options, LED and Nixie models, await your minimum pledges of $160 and $350 before the April 1st deadline. The latter features a nixie tube display that will put any regular ol' alarm clock's digits to shame. You can spring for a long-range kit if you need to place your key panel more than 50 feet away from your nightstand. If you're feeling extra generous, a pledge of more than $800 will allow you to select the type of wood used for your Ramos. In need of a bit more convincing? Peep the video on the other side of the break for a closer look. Previous project update: A recent Insert Coin feature -- the Dash car stereo that integrates your iPhone into its facade -- is a little less that $12,000 from its goal. You'll have to pledge at least $250 (shipping included) to snag a unit of your own before the March 21st deadline.

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Insert Coin: Alarm clock makes you enter a code to silence it, in another room (video)

Best-of-the-Best High School Teams Advance to Finals of Global Product Challenge

HOUSTON--(BUSINESS WIRE)--

Officials with the Conrad Foundation today announced the names of 15 high school teams from across the country and the Isle of Man that will compete in the final round of the 2011-2012 Spirit of Innovation Challenge. The annual competition, presented by Lockheed Martin Corporation and PepsiCo, challenges high school student teams around the globe to combine innovation and entrepreneurship along with STEM (science, technology, engineering and math) to create commercially-viable products to solve global and local challenges.

Finalist teams will present their product concepts at the Innovation Summit, March 29-31, to a panel of industry experts, leading entrepreneurs, government officials and world-renowned scientists at NASA Ames Research Center in Northern California. Products will be evaluated for technical content and marketplace viability.

Prior to the Summit, from March 12 to March 23, the public will have the opportunity to select the People's Choice Award winner by viewing finalist team videos and voting on their favorite innovative product. To review each team and their projects, visit http://www.conradawards.org/pages/finalists.

This year's competition challenged students to develop new ideas in the areas of aerospace exploration, clean energy, and health and nutrition. The finalist teams in each category include:

Aerospace Exploration: creating an innovative product for use in the aerospace industry – vehicles, spacesuits, planetary exploration, satellites, space medicine, Earth observation and more.

Flex; Thomas Jefferson High School for Science and Technology, Alexandria, Va. Frontier Space Industries; Randolph-Macon Academy, Front Royal, Va. Infinity; West Salem High School, West Salem, Wis. Moonwalking Manakins; Cinco Ranch High School, Katy, Texas Stellar Strips; North Carolina School of Science and Math, Durham, N.C.

Clean Energy: creating an innovative product to address energy efficiency; energy storage; solar, geothermal and wind energy; biomass fuels; and renewable energy solutions to improve everyday life.

Bright Ideas!; Sustainability Workshop, Philadelphia, Pa. Humatics; Monta Vista High School, Cupertino, Calif. Maverick Robots; Eastern Technical High School, Baltimore, Md. Operation Gulliver International; Gulliver Preparatory, Miami, Fla. The Bros; North Carolina School of Science and Math, Durham, N.C.

Health and Nutrition: creating solutions that address growing more nutritious food with less water and land; creating better eating habits amongst youth; and encouraging healthy lifestyles through products and innovations.

Allergy Watch; Whitehorse High School, Montezuma Creek, Utah Ballet, Autism, and Mirror Neurons; Milken Community High School, Los Angeles, Calif. FOOGLE; St. Ninians High School, Douglas, Isle of Man Lettuce help you grow!; Abraham Lincoln High School, Philadelphia, Pa. Team H2O; St. Francis Academy, Baltimore, Md.

Each category’s winning team will be recognized as Pete Conrad Scholars and will receive a Next Step Grant of $5,000 to continue product development.

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Best-of-the-Best High School Teams Advance to Finals of Global Product Challenge

Marathon Legend set for Easter Athletics Festival

by Chris Quine

Long distance running legend Ron Hill is to be the guest of honour at the 50th anniversary Isle of Man Easter Athletics Festival, 40 years after making his last appearance on the island.
 
Hill, now 73, won gold medals in the marathon at the European championships in Athens in 1969 and the 1970 Commonwealth Games in Edinburgh. He was made an MBE the following year.
 
He finished 19th in the marathon in the Tokyo Olympics of 1964 and 6th at the Munich Olympics in 1972. Hill also set world records at four other distances.
 
He is also famous for his amazing record of running every day of his life and hasn’t missed a day of running since December 1964.
 
Ron Hill’s is arguably the most successful athlete to ever take part in the Easter Athletics Festival. Organisers say he was “the natural choice” as guest of honour for the 50th anniversary of the festival.
 
Several previous winners since 1972 are already lined up for the three-day festival over the Easter weekend, featuring individual and team races for all ages and abilities in what is recognised as one of the best fun events on the British athletics calendar.
 
The 50th Isle of Man Easter Athletics Festival takes place from Good Friday to Easter Sunday - April 6th to 8th.  Events comprise a 10k road race on Good Friday evening starting on Port Erin Promenade, the Peel Hill Race on Saturday afternoon and a 5k road relay on Douglas Promenade on Easter Sunday morning.

Entries close on March 24th.

For more information see http://www.easterfestival.info

-ENDS-

In Other Isle of Man News

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Marathon Legend set for Easter Athletics Festival

Burnsian's Isle Of Man honour

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Sport

Ton look to Partick clash

IT'S been an excellent week's work for Morton after they picked up four points from two potentially-tricky games - and Allan Moore's men will want to carry on the good work when they travel to Firhill for a meeting with Partick Thistle tomorrow afternoon.

Posted 17 Feb 2012 13:30   Russell Steele  

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Burnsian's Isle Of Man honour

Isle Of Man Banking Deposits Fall 6.4% In 2011

17 February 2012

The Isle of Man government has published a report on the territory's banking sector and its performance during 2011.

The report shows that total deposits decreased by some GBP2.27bn (4.6%) to GBP47bn in the final quarter of 2011. For the full year, deposits decreased at a lesser pace, by 6.4%, or GBP3.22bn. This represents a fall of GBP9.32bn in deposit value from the peak of December 2008 when deposits stood at GBP58.1bn.

There was a marked fall of GBP1bn in the value of corporate/trust/fiduciary deposits during the year, from GBP20.1bn to GBP19bn; retail deposits declined at a faster rate from GBP19.85bn to GBP18.1bn. Moderate declines were witnessed in group deposits.

The report shows that of a total of 33 banks present on the island, the majority of foreign institutions are UK-based banks, 16. There are a total of 4 Irish banking institutions, 2 Spanish, 2 South African, 2 Swiss, and one bank from France, Belgium, the Cayman Islands and the US operating in the Isle of Man. 2 banks present on the Isle of Man are domestic banks.

Banking sector assets, at GBP51.8bn, were predominantly denominated in the Pound Sterling, with GBP35.1bn, and GBP16.7bn in foreign currency.

37% of funds held by island banks were from Isle of Man-resident individuals and companies, 9% and 28%, respectively. 25% of funds deposited are from entities based in the United Kingdom; 3% from the Republic of Ireland; 5% from other EU countries; 9% from EEA countries; 2% from the Middle East; 3% from the Far East; and 4% from North America.

The banking sector is well capitalised according to the data, with all banks meeting or surpassing Minimum Risk Asset Ratios set by the regulator.

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Isle Of Man Banking Deposits Fall 6.4% In 2011