News from UIC BUSINESS

Gib Bassett recently joined the board of directors of the the Chicago Futures Exchange.The CFE--a subsidiary of the Chicago Board of Options Exchange (CBOE)--is best known as the market at which the VIX, the volatility index, is traded.

Mary Beth Watson-Manheim, associate professor of IDS, has been named an Associate Editor for Information Systems Journal (ISJ). ISJ is a leading journal in the information systems field with an Impact Factor of 2.067 and ISI Journal Citation Reports Ranking of 11/83 (Information Science & Library Science journals).

RaDEant Technologies represented UIC at the Georgia Bowl business plan competition in Atlanta on Feb 1-2, where they advanced to the finals and placed 4th overall ahead of teams from University of Texas, Johns Hopkins, Georgia State, and University of Manitoba.  RaDEant is a startup company created in the CBA's Technology Ventures Program by MBA students Kristen Perhach, Alex Duchak and Tony Mammana-Lupo. Their company was created to develop and commercialize coatings that prevent fouling of industrial equipment from the buildup of mineral deposits.  Their platform technology, licensed from Oak Ridge National Laboratories, will reduce equipment failure, maintenance costs and energy consumption in numerous industries.  In addition, their product is safe and will eliminate the need for toxic and caustic anti-fouling chemicals. The team won first place and most sustainable business awards in UIC's Concept2Venture business plan competition in December.

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