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Chicago Entrepreneur Wins Advanta’s National ideablob.com Monthly Contestideablob.com community votes Tom Krieglstein’s idea to develop freshman orientation software as best business idea of the monthSpring House, PA (November 19, 2007) – Advanta Corp. (NASDAQ: ADVNB; ADVNA) today announced October’s ideablob.com $10,000 monthly contest winner for the best business idea, as voted on by the ideablob community. Tom Krieglstein, 27, of Chicago, IL received the most votes for his idea to develop freshman orientation software that integrates with popular online social networks to match college students with other students, groups and courses. Krieglstein is co-founder of Swift Kick, a Chicago-based education company whose mission is to increase student engagement through leadership, technology and community. He plans on using the $10,000 prize from ideablob.com to pay for hosting fees so his freshman orientation software, called Red Rover, can be offered to schools at no cost. Ideablob.com is an active community where participants submit business ideas as well as advise and vote on them. Advanta, one of the nation’s largest credit card issuers (through Advanta Bank Corp.) in the small business market, awards a $10,000 monthly prize to the best idea, as determined by the voting. “We are thrilled to award our first monthly prize to Tom Krieglstein of Swift Kick,” said Ami Kassar, Advanta’s Chief Innovation Officer. ”Tom is a great example of an entrepreneur who is utilizing the ideablob platform to grow and promote his existing business, and take it to the next level.” “It’s rewarding to know that the people Red Rover will help the most – students on social networking websites – were our biggest contest supporters,” said Krieglstein. “The powerful effect that social networking sites could have on education is amazing, and we plan to unleash that power through Red Rover.” The eight finalists who will compete for November’s $10,000 contest prize will be announced on ideablob.com on November 22, and the ideablob community will have approximately one week to vote for November’s best business idea. For information about past finalists and their ideas, please visit www.ideablob.com. There is no purchase necessary to enter the ideablob.com contest. Contest began on 9/24/07 at 12:00:00 am CT and ends on 9/30/08 at 11:59:59 pm CT. Open to legal residents of the 50 U.S. states and D.C. who are of the legal age of majority in their state of residence at the time of entry. Void where prohibited. Official Rules are available online at www.ideablob.com. Sponsored by Advanta Bank Corp, PO Box 30715, Salt Lake City, UT 84130-0715. About Advanta Advanta is one of the nation’s largest credit card issuers (through Advanta Bank Corp.) in the small business market today. Advanta’s exclusive focus on this market, as well as its size, experience and commitment to developing meaningful product offerings and a high level of service tailored to the needs of small businesses, differentiate the company from other issuers. Founded in 1951, Advanta has long been an innovator in developing and introducing many of the marketing techniques that are common in the financial services industry today. Learn more about Advanta at www.advanta.com Printable PDF |
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