Jamie Hartford 1

April 6, 2016

9 Min Read
MD&M East Innovation Prize Official Rules

NO PURCHASE OR PAYMENT OF ANY KIND IS NECESSARY TO ENTER OR WIN. 

A PURCHASE OR PAYMENT WILL NOT IMPROVE YOUR CHANCES OF WINNING. CONTEST IS VALID ONLY IN THE UNITED STATES (EXCLUDING PUERTO RICO) AND CANADA (EXCLUDING QUEBEC) - ENTRIES FROM PERSONS LIVING IN OTHER COUNTRIES WILL BE AUTOMATICALLY DISQUALIFIED.
 

GENERAL CONDITIONS:

The MD&M East Innovation Prize (the "Contest") is sponsored by UBM LLC, 2901 28th St., Ste. 100, Santa Monica, CA 90405 ("UBM" or "Sponsor").  The Contest is governed by these Official Rules, as well as by the laws of the State of New York and applicable United States federal law, without regard to any conflicts of laws principles. The Contest is void where prohibited or restricted by law. By entering the contest, each entrant agrees to abide by the terms of these Official Rules and by the decisions of Sponsors, which are final and binding on all matters pertaining to the contest.     

HOW TO ENTER:

To enter, you need to be a MD&M East exhibitor and submit a 400 word description through an online survey link that answers the following questions:

1)    Describe an innovation your company developed between 2014 and the present and its potential application in medical devices.

2)    Describe how the innovation works.

3)    Describe how your innovation adds value for medical device OEMs.

4)    Describe what distinguishes your product or service from those of competitors and what makes it unique in the market? Entrants also need to submit a photo or rendering of the product or service being described via email (hand-drawn images will not be accepted). All entries must be received by 5 p.m. Pacific time April 18, 2016.

UBM publication editors will review all submissions and determine ten finalists based 70% on the potential impact of the innovation on OEMs/market and 30% on the competitive advantage it would give. On or about May 1, 2016, ten (10) semifinalists will be chosen by our editorial team.

UBM's editorial team will then ask the audience of Qmed and MD+DI readers to help select five (5) finalists that will be featured as part of a tour at MD&M East. This announcement will occur on or about May 1, 2016.

The winner will be selected at the event by votes from participants in the Innovation Prize Tour. In the event of a tie, UBM's editorial team will help select a winner.

AWARDING OF PRIZES & NOTIFICATION:

The final winner will be announced on or about June 14-16, 2016, at MD&M East.

Entrants grant to UBM the unconditional right to use the entries in promotion of the Contest and as UBM sees fit in promotion of its products and services.  However, UBM shall not, by virtue of these rules, gain any intellectual property right in or to the underlying content of the entries.

The odds of winning are determined by the total number of eligible participants. 

Winner will be required to: (1) provide full mailing address for the purpose of receiving the prize(s), which address must be within the 50 United States (excluding Puerto Rico) or Canada (excluding Quebec); (2) sign and return a release of liability, declaration of eligibility, and, where lawful, a publicity release, upon Sponsor's request; (3) verify its taxpayer identification number; and (4) take possession of the prize(s) in the manner specified by Sponsors. In addition, selected Canadian entrants must first correctly answer a time-limited mathematical skill testing question administered by telephone in order to claim a prize.  If the above requirements are not met, the prize(s) may be awarded to a replacement winner. The replacement winner will need to satisfy all of the requirements of these Official Rules. This process will be repeated until the prize(s) are awarded in full.


PRIZE(S):

The Winner will receive a 22-inch-by-28-inch sign to display at MD&M East and future shows. The sign will announce the fact that the company is the 2016 MD&M East Innovation Prize winner.

In the event of unavailability of a stated prize, Sponsor reserves the right to substitute items of equal or greater value. Prizes are not transferable, exchangeable, or redeemable for cash. Reporting and payment of any federal, state, provincial, local, VAT, or other taxes, fees, customs, duties, insurance, or other amounts owed in connection with any prize are the sole responsibility of the winner. Winner will be required to sign and return an affidavit of eligibility, liability release, and grant permission to use his/her name and likeness for advertising and promotion (without further compensation) within 21 days of notification or alternate winner will be selected. (Tennessee residents need not complete and return a publicity release.)

EACH PRIZE IS GIVEN AWAY BY SPONSOR "AS-IS."  SPONSORS DO NOT MAKE, AND HEREBY DISCLAIM, ANY WARRANTIES, WHETHER EXPRESS, IMPLIED, OR STATUTORY, REGARDING ANY PRIZE, INCLUDING WITHOUT LIMITATION ANY IMPLIED OR STATUTORY WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT.

ELIGIBILITY:

The Contest is open to any company incorporated in the 50 United States, including the District of Columbia (excluding Puerto Rico) and Canada (excluding Quebec) who is a MD&M East exhibitor and who attends the Event. Officers, directors, and employees of Sponsors and/or their parents, subsidiaries, affiliates, divisions, or agents (including but not limited to advertising, promotion and production agencies) and members of their immediate families (including spouse, parents, siblings, grandparents, grandchildren, step-children, step-parents and in-laws) or those with whom they are domiciled are not eligible. Finalists must be willing to have their technology highlighted at the show as part of a Innovation Tour, as outlined above.

DISQUALIFICATION:

Sponsors reserves the right, in its sole discretion, to disqualify any entrant that Sponsors determine: (1) has tampered with the entry process or the operation of the contest; (2) has acted in an unsportsmanlike or disruptive manner or with the intent to annoy or harass Sponsors or any other person or entity; (3) has not satisfied all of the requirements for entry in the contest; or (4) to be otherwise ineligible under, or otherwise in violation of, these Official Rules. Any attempt by an entrant to commit any of the above acts of misconduct may be a violation of civil or criminal law and Sponsors reserve the right to seek damages from such entrant to the fullest extent permitted by law.

LIABILITY/TERMS AND CONDITIONS:

By entering the contest you agree to participate at your own risk.  By entering, each entrant releases and holds harmless Sponsors, any manufacturer or supplier of any prize, any other persons or entities involved in the contest, each of its and their respective parents, subsidiaries, and affiliates, and each of its and their respective officers, directors, employees, and agents, from any responsibility or liability whatsoever arising out of or resulting from: (1) entry or participation in the contest; (2) the acceptance, possession, or use of any prize; (3) any violation by such entrant of these Official Rules or applicable laws; (4) any incorrect or inaccurate entry of information including, but not limited to as a result of technical malfunctions, human error, lost/delayed data transmission, omission, interruption, deletion, defect, line failures of any telephone network, computer equipment, software or any combination thereof; (5) entry materials that have been tampered with, or entries that are illegible, late, lost, damaged, postage due or misdirected; (6) any injury or damage to participants or any other person or property to or resulting from participation or downloading any material in connection with the contest; and (7) any conditions arising from events beyond Sponsors' reasonable control. By entering the Contest you acknowledge the risks related to participation in a scavenger hunt and assume all liability arising from your actions.

WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, NEITHER SPONSORS NOR ANY OF THE AFOREMENTIONED PARTIES SHALL BE LIABLE FOR ANY SPECIAL, INCIDENTAL, INDIRECT, PUNITIVE, EXEMPLARY, OR CONSEQUENTIAL DAMAGES ARISING OUT OF THE CONTEST, HOWSOEVER CAUSED, WHETHER ARISING IN STATUTE, TORT, CONTRACT, OR OTHER LEGAL THEORY, AND REGARDLESS OF WHETHER SUCH PARTY WAS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, AND ALL SUCH DAMAGES ARE HEREBY DISCLAIMED AND EXCLUDED.

PUBLICITY:

By entering, each entrant grants to Sponsors the right to use and publish such entrant's entry content, name, state of residence, and any other information in any winning entry both online and in print, in connection with the contest, without additional compensation, except to the extent prohibited by law.  In addition, by entering, each entrant consents to the use of their names and likeness for advertising and/or promotional and/or marketing purposes without additional compensation. (A Tennessee resident consents to the use of his name and likeness only if such Tennessee resident expressly consents to such use.) Sponsors reserve the right to use any information provided by entrants in connection with the Contest in any manner permitted by these Official Rules.

TERMINATION:

Sponsors reserve the right, in their sole discretion, to cancel, terminate, modify, or suspend the Contest at any time for any reason, including but not limited to any reason that affects the administration, security, fairness, integrity, or proper conduct of the contest.  Such reasons included but are not limited to fraud, tampering, unauthorized access, infections by computer virus, bugs, technical failures, or any other causes beyond the control of Sponsors. In the event that Sponsor terminates the Contest before all Prizes are awarded, Sponsor shall award all Prizes earned up to the effective date and time of termination and no other Prizes will be awarded.

NO ENDORSEMENT:

Nothing contained in these Official Rules or in any of the Contest materials should be construed as an endorsement by Sponsors of any prize manufacturers or suppliers or other third party, product, or service.

WINNERS LIST:

For the name of the prize winner, available after June 30, 2016, send a stamped, self-addressed envelope to:

UBM Supplier Innovation Challenge

2901 28th St. Ste. 100, Santa Monica, CA 90405

Requests must be received by June 30, 2016.  Questions regarding the Contest may be directed to Jamie Hartford and Chris Newmarker.  Sponsor's telephone number is 805-233-5447.

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