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Deloitte, Singularity University and XPRIZE Form Alliance and Launch the Innovation Partnership Program

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New York, May 14, 2013 – Three recognized leaders advancing innovation in industry, education and business have announced a new alliance to spur global economic development and business commerce, while supporting a mission to help humanity solve its greatest challenges.  The Innovation Partnership Program (IPP) is a three-year alliance of XPRIZE, the leader in solving grand challenges through large-scale, global incentivized competitions;Singularity University, a unique Silicon Valley educational institute and business incubator which explores the disruptive influences and global growth opportunities of exponentially advancing technologies and Deloitte, a leader in strategy & operations, human capital and technology consulting services.  XPRIZE, Singularity University and Deloitte will leverage their respective strengths to drive innovation across multiple industries and business sectors.

The announcement was made jointly by Dr. Peter H. Diamandis, chairman and chief executive officer of XPRIZE and executive chairman of Singularity University; Rob Nail, associate founder  and chief executive officer of Singularity University; and Marcus Shingles, principal, Deloitte Consulting LLP and a leader in Deloitte’s Innovation Group.

The inaugural IPP event took place in March at the NASA Ames Research Park in the heart of Silicon Valley, California.  More than 60 senior business leaders from 30 iconic companies, including Google, Shell, Qualcomm, The Hershey Company and Sprint, met for a four-day executive summit.  The selective membership-based program consisted of a wide array of workshops on crowdsourcing, the rapid advancement of exponential technologies and how to innovate through incentivized competitions. The March IPP event was the first in a multi-year series of events where Fortune 500 leaders will meet innovative start-ups and entrepreneurs to expand their partnership ecosystem across Silicon Valley and reach across global markets to connect the most knowledgeable industry leaders and innovators in a highly curated and unprecedented summit.

“IPP brings an unparalleled value proposition to the market,” said Diamandis.  “The goal is to bring together the critical elements required by businesses seeking to become ‘exponential’ organizations — awareness, education, relationships and know-how. Deloitte adds a crucial element with the ability to assist companies in customizing and implementing their innovation strategies resulting from IPP.”

“IPP not only provides unique access to relevant thought leaders and entrepreneurs, but also introduces an important vantage point and exposure to the key drivers and pace in which various emerging innovations – technological and organizational – will transform the business landscape in the near-term and longer-term,” said Bert Alfonso, executive vice president, chief financial officer and chief administrative officer, The Hershey Company.

Highlights of the inaugural IPP event included seven CEO case studies by crowdfunding and crowdsourcing pioneers, including Quirky. The impact and business relevance of exponential trending technologies were also main topics covered, including digital medicine, biotechnology, sensor technologies, big data, artificial intelligence, 3D printing and advanced robotics.  Also, a signature element of IPP, “The Path Forward,” was a discussion led by Deloitte on their 10 Steps of Innovation and Scaling Edges approach for organizational  characteristics and adoption of innovation.

“IPP provides corporate leadership teams with access to an expanded ecosystem of some of the world’s top entrepreneurs, inventors, scientists, technologists, innovation strategists and business thought leaders, thus providing participating companies with a broader lens as to the potential non-traditional threats and opportunities their industries and businesses are — or will be — facing,” said Shingles.  “IPP is a process versus just an event, giving members continuous exposure to the latest thinking and relationships required to capitalize on innovation-driven business transformation.”

About Deloitte Consulting LLP
Deloitte Consulting LLP helps organizations grow their businesses and enhance value by identifying actionable insights. More than 23,000 professionals provide a broad range of capabilities across human capital, strategy & operations and technology that are aligned to the particular needs of specific sectors, businesses and organizations. Deloitte Consulting LLP provides clients with leading business insights that can help generate a tangible and measurable impact. As part of the alliance, Singularity University and XPRIZE will refer their clients to Deloitte for consulting services around innovation, from strategy to execution.

The innovation capabilities of Deloitte Consulting LLP that will assist IPP member companies include DC Innovation, Deloitte’s Center for the Edge, Monitor Doblin and GBN groups and Deloitte Digital.

About XPRIZE
Founded in 1995, XPRIZE is a leading organization solving the world’s Grand Challenges by creating and managing large-scale, high-profile, incentivized prize competitions that stimulate investment in research and development worth far more than the prize itself. The organization motivates and inspires brilliant innovators from all disciplines to leverage their intellectual and financial capital for the benefit of humanity. XPRIZE conducts competitions in five Prize Groups: Education; Exploration; Energy & Environment; Global Development; and Life Sciences. Active prizes include the $30 million Google Lunar XPRIZE, the $10 million Archon Genomics XPRIZE presented by Express Scripts, the $10 million Qualcomm Tricorder XPRIZE and the $2.25 million Nokia Sensing XCHALLENGE. For more information, go to www.xprize.org, “like” us atwww.facebook.com/xprize and follow us on twitter @xprize.

About Singularity University
Singularity University (SU) is a unique interdisciplinary and international organization whose mission is to educate, inspire and enable a new generation of leaders who strive to understand and use exponentially advancing technologies to transform their organizations and to address humanity’s grand challenges. Since 2009, SU has hosted leaders in finance, science, business and government at Executive Programs and Global Summits and brings together each summer many of the world’s most talented young entrepreneurs to attend SU’s 10-week Graduate Studies Program. SU programs have received international acclaim and represent the cutting edge of education, impact, entrepreneurship, inspirational ideas and science. Singularity University is based at NASA Research Park in Mountain View, CA, in the heart of the Silicon Valley. For more information, go to http://singularityu.org/ and follow us on twitter @singularityu and participate in our dialogue on Facebook:www.facebook.com/singularityu

As used in this document, “Deloitte” means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

NEW FUTUREMED PROGRAM ANNOUNCED FOR NOVEMBER 3-6, 2013 AT THE HOTEL DEL CORONADO SAN DIEGO, CA

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MOUNTAIN VIEW, CA (April 15, 2013) — Singularity University (SU) today announced a new FutureMed (FutureMed2020.com) to be held this November 3-6 at Hotel Del Coronado in San Diego, CA. FutureMed is a widely acclaimed specialized interactive program for physicians, scientists, healthcare executives, innovators, and investors, interested in exploring the impact and opportunities presented by disruptive, rapidly developing technologies in the fields of health and biomedicine. The intensive 3-1/2 day event will include lectures, discussions and workshops, led by notable medical experts, scientists and technologists who comprise the world-class FutureMed faculty. FutureMed at the Del Coronado expands upon the successes of the oversubscribed FutureMed executive programs held on the SU campus in 2011, 2012 and in early 3013.

“In the next decade, the biomedical industry is going to be massively disrupted and transformed in ways that we cannot entirely predict right now,” said Dr. Peter H. Diamandis, Chairman of the X PRIZE Foundation, Author and Co-Founder of Singularity University with Ray Kurzweil (Author, Inventor and Director of Engineering at Google). “FutureMed is brilliantly designed to provide the roadmap to understanding this exponential growth, and San Diego – as a designated iHub Innovation Center for collaboration between technology and the life sciences – is the optimal venue for FutureMed discussions.”

FutureMed’s Executive Director Daniel Kraft, MD, a Stanford and Harvard University-trained physician, scientist and Faculty Chair of the SU Medicine and Neuroscience Track notes that: “The practice of healthcare has been traditionally operating in silos, based on old definitions and infrastructures, but in the new genomic and connected age, we can leverage new cross-disciplinary technologies with potential for dramatic re-invention. At FutureMed, we explore the convergence of technologies ranging from cloud-based healthcare data, regenerative medicine, 3D printing, wearable devices to the merging of mobile health with artificial intelligence.”

Kraft is well known in the international health community for his knowledge of the impact of integrating rapidly advancing technologies, such as low-cost gene analysis, bio-informatics, telemedicine and social networking, to make health care exponentially faster, smaller, cheaper and better.

Robin Farmanfarmaian, SU VP of Strategic Relations, is the Founding Executive Producer of FutureMed. “The FutureMed experience has been described by its Alumni as a “mind-opening voyage into the future with the people who are creating it.”  We provide a unique environment where participants can engage directly with faculty, speakers, and each other to crowd-source intelligence and information that will create the valuable networks for future innovation.”

About FutureMed

FutureMed explores cutting edge and potential applications of low cost genomic sequencing and ‘Omics, ever-faster, high-resolution imaging, artificial intelligence, telemedicine, robotics, 24/7 wearable body sensors, stem cells, synthetic biology, gene therapy, and participatory, crowd-sourced health data, and examines how these technologies are radically changing our beliefs and approach to wellness, prevention and the delivery of medical care.  Prior FutureMed Faculty include Dean Ornish, Farzad Mostashari, Leslie Saxon, Tim O’Reilly, Larry Smarr, Atul Butte, John Abele, Linda Stone, Vinod Khosla, Peter Fitzgerald, Esther Dyson, Atul Butte, Astro Teller, Don Jones, David Ewing Duncan, Catherine Mohr, Steve Quake, John Mattison, Bob Hariri, Randy Scott, and Paul Yock. FutureMed Corporate partners include Genentech, GE, California Healthcare Foundation, and Biogen-Idec.

About Singularity University

Singularity University’s mission is to educate, inspire and enable a new generation of leaders across the globe to harness the power of exponential technologies to help solve humanity’s grand challenges. Since 2009, SU has hosted students and industry leaders from more than 70 countries at its Graduate Studies Program, Executive Programs, and specialized Executive Programs, including FutureMed.

To Apply, visit: FutureMed2020.com/apply

Follow FutureMed on Twitter @FutureMedTech and on FaceBook.com/FutureMed

Contacts:

Singularity Univ. Communications: Diane Murphy (diane@singularityu.org)

FutureMed Executive Team: futuremed@singularityu.org

FutureMed Executive Producer:  Will Weisman (wweisman@singularityu.org)