Rice Business Plan Competition winner to ring Nasdaq closing bell

David Ruth

Amy Hodges

Jen Knapp

HOUSTON – (Aug. 23, 2012) – NuMat Technologies, winner of the 2012 Rice University Business Plan Competition, will ring the Nasdaq stock market closing bell tomorrow at 4 p.m. EDT. NuMat team members will be joined by Brad Burke, managing director of the Rice Alliance for Technology and Entrepreneurship, which hosts the annual business competition.

A live webcast of the NADAQ closing bell is available at http://www.nasdaq.com/about/marketsitetowervideo.asx.

Who: NuMat Technologies, winner of the 2012 Rice Business Plan Competition, and Brad Burke, managing director of the Rice Alliance for Technology and Entrepreneurship.

What: Nasdaq closing bell ringing.

When: Friday, Aug. 24, 4 p.m. EDT.

Where: Nasdaq MarketSite, 4 Times Square, New York City.

NuMat Technologies is commercializing a new class of nanomaterials that can store gases just like a sponge soaks up water. One of their nanomaterials would be for natural gas tanks used in everyday motor vehicles. This material can overcome the major hurdles impeding natural gas automobiles and would enable the possibility of refueling natural gas vehicles at home.

For more information on the winners of the 2012 Rice Business Plan Competition, the world’s richest and largest business plan competition, click here.

For more information, contact Amy Hodges at amy.hodges@rice.edu or 713-348-6777.


This news release can be found online at http://news.rice.edu/2012/08/23/rice-business-plan-competition-winner-to-ring-nasdaq-closing-bell.

Follow Rice News and Media Relations via Twitter @RiceUNews

Related materials: 

Rice Business Plan Competition: http://rbpc.rice.edu

NuMat Technologies: http://numat-tech.com

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A live webcast of the Nasdaq closing bell will be available at:

To obtain a high-resolution photograph of the market close, go to www.nasdaq.com/reference/marketsite_events.stm.

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About Amy McCaig

Amy is a senior media relations specialist in Rice University's Office of Public Affairs.