"On February 5, IBM announced the “Cell/B.E. University Challenge 07,” a programming contest specifically created for university students and offering cash prizes to the winners. * As IBM does not often sponsor contests, I wanted to make sure you knew this was coming and could help encourage participation with your partnership university. Winners of the "Cell/B.E. University Challenge 07," chosen by a panel of academic and IBM technical experts, will receive prizes with a cash value ranging from $10,000 USD for the first place winner to $2,500 USD for the fourth place winner. "

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