San Diego, CA - April 18, 2012 - Nasseo, Inc. is proud to announce that it has received the 1st place prize of $7,500 in cash and legal services at the UC San Diego Entrepreneur Challenge's Executive Summary competition with what the school calls "groundbreaking ideas that may radically improve healthcare delivery."

At the competition, Nasseo presented the Executive Summary for its novel dental implant system and noted that although dental implants are "one of the fastest growing, multi-billion dollar markets within the US healthcare industry…current implants have a failure rate of over 10%." Nasseo's product aims to directly address this failure rate, to provide benefits to patients and clinicians. Using proprietary surface modification technology, Nasseo's dental implant system addresses bone-to-implant bonding issues at the molecular level to create what it calls a "smarter implant."

The UC San Diego Entrepreneur Challenge allows cross-disciplinary teams in a number of industries to compete for the prize. An esteemed panel of professionals from across science, technology, and business industries judged the contest and awards were announced before a crowd of hundreds of students, professors, and business professionals in La Jolla, CA.

Nasseo's cross-disciplinary team includes Dr. Garrett Cale Smith (Co-Founder, CEO), who holds a Ph.D. in bioengineering from UCSD and is a Stanford Biodesign Fellow Alumni, and Kayvon Pourmirzaie (Co-Founder, COO) who holds a J.D. (Cum Laude) from the University of San Diego School of Law and a B.S. in bioengineering from UCSD. The team also includes Gary Johnston, a Ph.D. candidate in bioengineering at UCSD, Sean Madanipour, an MBA candidate at the Rady School of Management, and Handan Yildiran, a visiting bioengineering student.

Kayvon Pourmirzaie says, "This competition is about finding emerging startups that have developed ground-breaking technologies, so we are excited to receive this recognition. Nasseo's science is well-documented, and we look forward to developing our proprietary dental implant system."