‘Most Promising Security Idea’ competition, sponsored by Accenture, is launched today by the Global Security Challenge

The Global Security Challenge (GSC), providers of the leading international competition for security innovators, today announced the launch of the Most Promising Security Idea award. The award includes a $10,000 cash grant, sponsored by Accenture, as well as mentorship from the Civitas Group.

The award aims to identify, explore and reward innovation in the field of homeland security
technology. Its goal is to support and promote researchers, infant companies and other
inventors, and ensure valuable new technologies can develop and prosper.

• Applicants can enter online using on the Security Competition's webpage.
  
• Entry is free and all entrants will gain feedback on their submissions.
  
• The deadline for submissions is 1 September 2009.
• The awarding ceremony for the Most Promising Security Idea will take place during the GSC Security Summit held at London Business School on 13 November 2009.

HOMErgent won the GSC’s Most Promising Security Idea award in 2008. Commenting on the award, Arthur Zwern, Co-Founder of HOMErgent, said: "Winning the Most Promising Security Idea award in 2008 has provided important credibility to HOMErgent. Our progress towards
initial product launch has certainly accelerated as a result of our participation, and we
greatly appreciate Accenture for making this GSC award possible.”

Dr. Alastair MacWillson, managing director of Accenture’s Global Security business, stated:
“Accenture is pleased to sponsor the Global Security Challenge for the fourth year. By
encouraging inventors and researchers to pursue their ideas, the GSC helps nurture cutting
edge security technologies, which can ultimately help build more sustainable and secure
organizations.”

The founders of the GSC, Simon Schneider and Janeen Chupa, commented in a joint
statement: “The Global Security Challenge is the launching pad for early-stage security
technologies. We are proud that our top contenders from previous competitions have
subsequently raised over $52 million in fresh capital.”

The Most Promising Security Start-Up in 2008 is TRX Systems

Disruptive Indoor Tracking Solution Wins Global Security Challenge 2008

TRX Systems was awarded a $500,000 grant sponsored by TSWG of the U.S. Government for winning the 3rd annual Global Security Challenge (GSC) today. Six security startups, who were chosen out of hundreds of entrants, pitched their inventions at an event hosted by London Business School.

A Judging Committee comprised of leaders from government, venture capital and industry selected this year’s most promising security startup in the world.

TRX Systems, a spin off from the University of Maryland in the USA is a leading innovator in the development of personnel tracking solutions. TRX Systems created an advanced personnel tracking system that provides first responders with accurate and real-time locations of individuals deployed inside a building. TRX’s technology is self-contained, requires no pre-existing infrastructure and can even create virtual floor maps in real-time. (www.trxsystems.com)