The competition, held at the Haas School of Business at UC Berkeley, drew 25 teams from 16 countries. These finalist teams were selected from more than 150,000 students from more than 50 countries who competed in 14 affiliate competitions. Founded in 2005, the Intel Global Challenge at UC Berkeley is a joint project of Intel and the UC Berkeley Lester Center for Entrepreneurship. The project is designed to motivate young entrepreneurs to develop innovative technologies that solve real-world challenges, build viable business models and move that technology out of university labs and into the market.Over the past decade alone, Intel has invested more than $1 billion, and its employees have donated close to 3 million hours toward improving education in more than 60 countries. To get the latest Intel education news, visit www.intel.com/newsroom/education, join the Facebook group at http://intel.ly/intel-edu and follow Twitter updates at http://twitter.com/Intelinvolved. About Intel Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com. Intel and the Intel logo are trademarks of Intel Corporation in the United States and other countries.