WINNERS OF THE CAPSTONE / FOUNDATION COMPETITION ANNOUNCED

Dan Smith, president of Management Simulations, Inc., announced the winners of the Fall 2003 Capstone / Foundation Business Simulation International Challenge. The competition began with 288 teams of students from 240 colleges and universities, world-wide.

FOR IMMEDIATE RELEASE:

CONTACT:

Daniel Smith, President

Management Simulations, Inc.,

540 Frontage Rd.

Northfield, Illinois, 60093

Phone: 847-501-2888

Fax: 847-441-9044;

Email: Sales@capsim.com

Web site: www.capsim.com

WINNERS OF THE CAPSTONE / FOUNDATION COMPETITION ANNOUNCED

NORTHFIELD, IL (PRWEB) NOVEMBER 24, 2003 - Dan Smith, president of Management Simulations, Inc., announced the winners of the Fall 2003 Capstone / Foundation Business Simulation International Challenge. The competition began with 288 teams of students from 240 colleges and universities, world-wide.

Students managed simulated corporations making decisions in Research and Development, Human Resources, Marketing, Production and Finance. Each of these categories involved analyses and decisions, with eight simulated years of operation taking place in one week. The finals compressed eight years of management into one day.

Student corporations were judged on cumulative profit.

Capstone and Foundation are the most popular business simulations in the world, with adoption by more than 120,000 students and 500 schools.

In the Capstone Business Simulation category, the winners and their professors were:

1st place: University of Toledo: Student Vipul Goradia - Professor Robert Schwartz

2nd place: Stevens Institute of Technology: Students Somayajulu Duggirala, Jason Huang, Harold Olmstead and Caroline Zayas - Professor Allen Ginsberg

3rd place: University of British Columbia: Student Yuquian Tong - Professor Peter Nemetz

4th place: University of Illinois, Chicago: Student Yibing Wang - Professor Joseph Cherian

5th place: Purdue University, Calumet: Students Jimmy Chlebowski and Harold Petri Jr. - Professor Prem Shukla

6th place: Middle State University: Student Robert Eddy - Professor Kenneth Tillery

In the Foundation Business Simulation category, the winners and their professors were:

1st place: Montana State University, Billings: Student Brett Cormier - Professor Patricia Holman

2nd place: University of Massachusetts: Student Richard Hollis - Professor Chris Papenhausen

3rd place: Portland State University: Student Onur Kaplan - Professor Tim Anderson

4th place: Drexel University: Student Bryan Charnock - Professor Robert Laessig

5th place: Lafayette College: Student Adam Yankowich - Professor Rosie Bukics

6th place: Saint Mary's University: Student Mark Robar - Professor Shripad Pendse

Winners names are posted on the web site www.capsim.com.