4 students sweep Y. business contest
Makers of machine that reads caloric output win $50,000
For those who swear the scale continues to lie, four Brigham Young University students have made a gadget that they say can help you shed those unwanted pounds.
The students, who won $50,000 in cash and in-kind prizes recently at the university's 13th annual Business Plan Competition, created the KAM Coach through their company, KAM Accelerometer Inc.
The product, according to the students' sales pitch, is "for anyone who desires to live a more active lifestyle but has been unable to develop or maintain the long-term motivation, guidance and sense of accountability necessary to accomplish personal fitness goals."
For a sign-up cost of $39.99 and a monthly fee of $7, users' expended calories are counted by a silver dollar-size wearable device. The KAM Coach measures pulses created by movement, then factors in age, weight, height and gender to determine the amount of calories that person was able to burn.
What makes the KAM Coach stand out against other weight-loss programs, said company's business developer Jake Tanner, is instead of calculating the caloric intake, the Coach measures caloric output.
At the end of the day, the user plugs the device into the docking station, which immediately launches an Internet browser and logs onto the KAM Web site www.KAMcoach.com where charts, graphs and point totals appear. This allows the user to see trends and reach weight-loss goals.
So how did they muscle out the competition for the first-place prize?
"For one thing, we have amazing service offering, the product we're selling is extremely good," said Nathan Pratt, marketing director for KAM Accelerometer Inc.
In 10 years, Pratt said he sees the team making millions of dollars in revenue, as well as providing a product that largely benefits the consumers. Already, the company doubled their sales production for the month of February.
The KAM team next month will compete at the national competition at the University of Texas.
Second prize in the Business Plan Competition, $35,000 in cash and in-kind services, went to the team behind Precision Surveying Solutions, a company touting a data collector that controls and collects measurements from high-precision surveying instruments.
Their product the DC49 is said to increase daily productivity for surveyors and civil engineers 20 percent to 40 percent over competing devices.
Teton Recreation Cabins won third place with $20,000 in cash and in-kind services, as well as the audience-choice ugliest logo, giving them $1,500 in services from local logo company LogoWorks.
Comments
- Funds for new courthouse approved 1:48 a.m.
- Godfrey vetoes Ogden budget 1:48 a.m.
- Odd Fellows Hall move 1:47 a.m.
- 2 country groups to perform 1:47 a.m.
- Rumor has Boozer with Bulls 1:20 a.m.
- Jazz in back of line for free agents 1:19 a.m.
- Okur signs two-year extension 1:18 a.m.
- Marion to Mavs, Stackhouse to Griz 1:16 a.m.
- Price for redistricting plan challenged 1:04 a.m.
- Basketball campers learn service 1:02 a.m.
- Rumor has Boozer with Bulls
- Stadium of Fire flag burning was fake
- Jazz in back of line for free agents
- Okur signs two-year extension
- Restaurant destroyed by fire
- Jazz won't meet Lopez on Europe trip
- A primer for the 6th Potter film
- Blazers may offer Millsap a contract
- AK will not play for Russia this summer
- Jazz rally for OT win at Orlando
- Bronco collecting a galaxy of recruits
138 - Letters: Palin mistreated
136 - Teachers struggle with district cuts
134 - Blazers may offer Millsap a contract
122 - Rumor has Boozer with Bulls
82 - Fairness of BCS debated
81 - Moon landing: Let's hear from you
73 - Chaffetz eyes challenging Bennett
72 - Services bids farewell to Jackson
70 - Letters: Time for a revolution
69
As more and more dads are put out of work in this economy, I've been...
The photographs are mysterious, brooding, dark. They show dimples and...
Blazers get the unbalanced trade they seek while not signing Millsap away...
Ricky Bobby - THE JAZZ DO NOT WANT TO TAKE BACK EQUAL SALARIES. They want to...
Despite the fact that logging has all but stopped in the pacific northwest...
My understanding of what FAIR is trying to do, is to provide well thought out...
Jazz will resign Milsap. If they don't it will be ahuge mistake. First off,...
I was waiting for it to be burned on the big metal structure right by the...
Hey Ute fan... the Utes had a good season. And keep throwing that BCS bowl...
Tyrus Thomas is in the last year of his contract too so what is the point for...
CougarKeith, people don't know how to properly retire the flag, what they did...
It is just talk but since it was brought up: IF we can get Prizbilla &...


You can be the first to comment on this story.