X PRIZE Foundation to Present Energy and Environment Thought Leaders at MIT

Forum Will Feature Alternative Energy Ideas From Biologist George Church, Futurist Ray Kurzweil and Inventor Saul Griffith

What:      The X PRIZE Foundation, an educational non-profit that designs
           and administers competitions with prizes of $10 million or more,
           and the Massachusetts Institute of Technology (MIT), are jointly
           sponsoring a forum titled, "Seeking Radical Breakthroughs in
           Alternative Energy - What I Would Advise the Next President."
           Leading thinkers in the alternative energy sector will speak to
           a group of MIT faculty, promising students, industry experts,
           and members of the media on Wednesday, Sept. 10 on the MIT
           campus. Video of the event will be packaged and distributed to
           both presidential campaigns and will be available on the X PRIZE
           YouTube channel (www.youtube.com/xprize). The X PRIZE Foundation
           will also announce a new partner in the energy and environment
           sector.

Who:       Futurist Dr. Ray Kurzweil, biologist Dr. George Church, inventor
           Dr. Saul Griffith, X PRIZE Foundation Chairman and CEO Dr. Peter
           Diamandis, representatives from the X PRIZE Foundation's newest
           partner, and other special guests.

When:      Wednesday, September 10, 2008
           4:30 pm - 6:30 pm EDT

Where:     Massachusetts Institute of Technology - Building 34 - Room 101
           77 Massachusetts Avenue
           Cambridge, MA 02139

RSVP:      Please RSVP by September 9. Additional details will be sent upon
           RSVP.

           Please RSVP to: Becky Lewis, Communications Specialist, X PRIZE
            Foundation - prcontact@xprize.org, 310.582.5948

ABOUT THE X PRIZE FOUNDATION

The X PRIZE Foundation is an educational nonprofit prize institute whose mission is to create radical breakthroughs for the benefit of humanity. In 2004, the Foundation captured the world's attention when the Burt Rutan-led team, backed by Microsoft co-founder Paul Allen, built and flew the world's first private spaceship to win the $10 million Ansari X PRIZE for suborbital spaceflight. The Foundation has since launched the $10 million Archon X PRIZE for Genomics, the $30 million Google Lunar X PRIZE, and the $10 million Progressive Insurance Automotive X PRIZE. The Foundation and its revolution partner BT Global Services are creating prizes in Exploration (Space and Oceans), Life Sciences, Energy & Environment, Education and Global Development. The Foundation is widely recognized as the leading model for fostering innovation through competition. For more information, please visit www.xprize.org.

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