WHO:
The X PRIZE Foundation and Nokia today announced the launch of the Nokia Sensing X CHALLENGE, a $2.25 million global competition to stimulate the development of a new generation of health sensors and sensing technologies that can drastically improve the quality, accuracy and ease of monitoring a pe....." />
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Industry Leaders Discuss Innovations in Wireless Health Services and Technologies to Improve Consumer Access to Healthcare

(May 24, 2012)

PLAYA VISTA, CA -- (Marketwire) -- 05/24/12 --


WHO:
The X PRIZE Foundation and Nokia today announced the launch of the Nokia Sensing X CHALLENGE, a $2.25 million global competition to stimulate the development of a new generation of health sensors and sensing technologies that can drastically improve the quality, accuracy and ease of monitoring a person's health. Improvements in these technologies will empower individuals to effortlessly monitor and collect their own real-time health data, providing both consumers and healthcare providers convenient access to critical information whenever and wherever they need it.

The Nokia Sensing X CHALLENGE will be a series of three competition events, held over the next three years. Each event will be comprised of three phases: Registration, Preliminary Judging and Final Phase Judging.

WHAT:
Following this announcement, the X PRIZE Foundation will host
Eyes on the Prize: Incentivizing Innovation in Wireless Health, a panel discussion with:


  • Dr. Peter H. Diamandis, Chairman and CEO, X PRIZE Foundation
  • Dr. Henry Tirri, Executive Vice President and Chief Technology Officer, Nokia
  • Dr. Paul E. Jacobs, Chairman and CEO, Qualcomm Incorporated and Chair, Qualcomm Foundation
  • Eugene 'Rod' Roddenberry, Co-Founder and Board Chair, The Roddenberry Foundation

Moderated by Robert B. McCray, President and CEO, Wireless-Life Sciences Alliance

WHEN:
Thursday, May 24, 2012, 3:30pm - 4:15pm PT

WHERE:
To view the live webcast, please visit www.livestream.com/xprize.

WHY:
The inefficiencies and total cost of the U.S. healthcare system (and healthcare systems around the globe) has been a pressing social and political issue for many years. In the U.S., the total spent annually on the healthcare system is more than $2 trillion, which accounts for more than 15 percent of the nation's gross domestic products. Health sensors have the capacity to stem this trend. Consumer use of mobile devices that utilize sensors and sensing technology has the potential to improve, extend and ease delivery of healthcare services, as well as reduce costs to the benefit of health providers and patients.

For more information about the $2.25 million Nokia Sensing X CHALLENGE and $10 million Qualcomm Tricorder X PRIZE, please visit www.nokiasensingxchallenge.org and www.qualcommtricorderxprize.org.

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