Detailed text transcripts for TV channel - CNN - 20110415:17

Detailed text transcripts for TV channel - CNN - 20110415:17:47:00

x-prize. >> last year's winner, we should mention, is wendy schmidt. she'll also be at this brainstorming session. what was her winning submission and how's that project going? >> absolutely. wendy schmidt is the sponsor of the wendy schmidt clean-up x-challenge that we launched last year on july 29th to be responsive to the oil spill in the gulf. the competition is doing amazingly. we had over 400 teams that preregistered to compete. we narrowed down to just over 45 registered teams. and now just as of yesterday our judges were meeting and narrowing down final lists to ten finalists that will test their solutions starting august 1st in new jersey at a facility there. so it is an amazing prize. we will usher in new technology for oil cleanup so if this ever happens again the technology that will be used will be three times as technically workable as the ones that we have today.

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