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Competition Guidelines Announced for $2.25 Million Nokia Sensing X CHALLENGE

Team Registration Officially Opens for Global Competition and Has Already Attracted More Than 95 Teams From 23 Countries

LOS ANGELES, CA -- (Marketwire) -- 12/05/12 -- The X PRIZE Foundation and Nokia today announced that finalized competition guidelines have been released and team registration is officially open for the $2.25 million Nokia Sensing X CHALLENGE, a global competition to accelerate the development of sensing technologies that capture and interpret information about our health and the surrounding environment that impacts personal health. The competition guidelines detail the prize structure and individual competition prize purses, which are now available at nokiasensingxchallenge.org.

The Nokia Sensing X CHALLENGE will be a fixed-date series of two separate and consecutive competitions over two years, with each competition including a qualifying round and a final round, followed by prize awards. Each separate competition prize purse includes a $525,000 Grand Prize and up to five Distinguished Awards, each valued at $120,000.

All eligible submissions will be evaluated by a judging panel which is comprised of highly qualified and impartial members who have cross-functional and relevant expertise in sensing and mobile health technologies. Following the judging process, up to 12 teams will advance to the final round where their entries will be evaluated by both the judging panel and a "crowd panel" consisting of potential consumers. The winners will be the team solutions that demonstrate the highest merit in the areas of accuracy and consistency, demonstration quality, technical innovation, human factors, market opportunity, originality/creativity, and packaging/user experience.

"The intent of the competition structure is to enable our teams to focus on two awards with larger prize amounts and a greater opportunity to become finalists," said Mark Winter, Senior Director, Qualcomm Tricorder X PRIZE and Nokia Sensing X CHALLENGE. "We look forward to seeing a rich diversity of sensor and sensing solutions that will help accelerate the growth of the mobile health industry and adoption by consumers."

Sensing will enable a newfound understanding and knowledge about our state of being, which will become more pervasive and magnified as we gain more and more insight. Sensing lays the foundation for a mobile health revolution that will transform healthcare into what it must become: highly personalized and accessible for the unique needs of each individual.

"I look forward to seeing the types of teams that we attract with the revised competition structure and prize awards," said Henry Tirri, PhD, Chief Technology Officer and Executive Vice President, Nokia. "There is a really exciting future for sensing technologies, and that the new categories of intelligent devices, combined with advance sensors, will drastically improve the ability of the individual consumer to collect health-related information. The participating teams in this competition not only have the opportunity to accelerate the use of advanced sensing technology in mobile health, but they will also have a significant role in transforming the lives of billions of people around the world."

Teams participating in the Nokia Sensing X CHALLENGE will also have access to an online marketplace, where they can connect with individuals and companies to exchange ideas and resources, as well as attract potential funding opportunities from outside sources.

It is anticipated that the solutions developed as part of the Nokia Sensing X CHALLENGE may also be utilized in the $10 million Qualcomm Tricorder X PRIZE, a global competition to put healthcare knowledge in the hands of consumers. Together, these competitions will help create an ecosystem of innovative technologies that radically change the way people understand their state of health -- in desirable, convenient ways not previously available.

COMPETITION TIMELINE:

----------------------------------------------------------------------------
Competition #1
----------------------------------------------------------------------------
May 2012         Competition Launch and Pre-Registration opens
----------------------------------------------------------------------------
Dec 2012         Registration Opens
----------------------------------------------------------------------------
5 Feb 2013       Registration deadline (11:59 a.m. PT)
----------------------------------------------------------------------------
10 Jun 2013      Submissions deadline (11:59 a.m. PT)
----------------------------------------------------------------------------
Jun/Jul/Aug 2013 Qualifying Round Judging; up to 12 Finalist Teams
                 determined
----------------------------------------------------------------------------
Sep 2013         Final Round Judging; winners determined and awards
                 presented
----------------------------------------------------------------------------
Competition #2
----------------------------------------------------------------------------
25 Jun 2013      Registration opens
----------------------------------------------------------------------------
11 Nov 2013      Registration deadline (11:59 a.m. PT)
----------------------------------------------------------------------------
10 Apr 2014      Submissions deadline (11:59 a.m. PT)
----------------------------------------------------------------------------
Apr/May/Jun 2014 Qualifying Round Judging; up to 12 Finalist Teams
                 determined
----------------------------------------------------------------------------
Jul 2014         Final judging; winners determined and awards presented
----------------------------------------------------------------------------

For more information about the Nokia Sensing X CHALLENGE, visit: nokiasensingxchallenge.org. For more information about the Qualcomm Tricorder X PRIZE, visit: qualcommtricorderxprize.org.

About X PRIZE Foundation
Founded in 1995, the X PRIZE Foundation, a 501(c)(3) nonprofit, is the leading organization solving the world's Grand Challenges by creating and managing large-scale, high-profile, incentivized prize competitions that stimulate investment in research and development worth far more than the prize itself. The organization motivates and inspires brilliant innovators from all disciplines to leverage their intellectual and financial capital for the benefit of humanity. The X PRIZE Foundation conducts competitions in five Prize Groups: Education; Exploration; Energy & Environment; Global Development; and Life Sciences. Active prizes include the $30 million Google Lunar X PRIZE, the $10 million Archon Genomics X PRIZE presented by Express Scripts, the $10 million Qualcomm Tricorder X PRIZE, and the $2.25 million Nokia Sensing X CHALLENGE. For more information, go to www.xprize.org.

About Nokia
Nokia is a global leader in mobile communications whose products have become an integral part of the lives of people around the world. Every day, more than 1.3 billion people use their Nokia to capture and share experiences, access information, find their way or simply to speak to one another. Nokia's technological and design innovations have made its brand one of the most recognized in the world. For more information, visit http://www.nokia.com/about-nokia.

STAR TREK, TRICORDER and related marks and logos are trademarks of CBS Studios Inc. Used under license.

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