CPX Interactive Sponsors Entrepreneurship Competition at Hofstra University

New York, NY, March 20, 2013 --(PR.com)-- CPX Interactive and Hofstra University are hosting an entrepreneurship competition in Spring 2013, challenging Hofstra students to develop successful businesses, even while pursuing their bachelor’s degrees. In support of this pet project of CPX CEO, Mike Seiman, CPX Interactive executives will assist in judging and will award a $50,000 first prize and a $25,000 second place prize.

Seiman is an alumnus of Hofstra who graduated with a computer science degree in 2001. Having started the earliest stages of his digital media company while still a Hofstra undergrad, Seiman has always kept the school close to his heart.

CPX Interactive has since grown into a 90-person company with global reach, serving 4.5 billion online ad impressions per day. Earlier this year, after more than 10 years as a Long Island based company with offices in close proximity to the Hofstra campus, the company moved its headquarters to Times Square, NYC.

“Hofstra University was an essential factor in my success,” said Seiman, who was recently honored by LIBN as one of Long Island’s ‘40 Under 40.’ “We are pleased to reward the hard work of current Hofstra students by celebrating the successes of those who win the competition and we are hopeful that this challenge will inspire even more entrepreneurship among Hofstra graduates.”

“Michael Seiman is both a Hofstra University alumnus and a Hofstra College Advisory Board member. His generous decision to have CPX Interactive make this donation represents a tremendous vote of confidence in our students and a significant contribution to enhancing their educational experience,” said Dr. Bernard Firestone, Dean of Hofstra College of Liberal Arts and Sciences.

Final business plans and concepts will be presented in April 2013 and submissions are viewable on Hofstra’s website, here: http://www.hofstra.edu/cpxprize

Hofstra announced the entrepreneurship competition on December 18, 2012 on their website, here: http://www.hofstra.edu/home/news/pressreleases/
12182012_cpxinteractiveandhofstrahostentrepreneurshipcompetition.html

About CPX Interactive
CPX Interactive is a digital media holding company serving more than 4.5 billion daily interactive ad impressions globally across display, video and mobile platforms. The company leverages its unparalleled reach to drive success for both clients and proprietary initiatives in three distinct business areas: 1) industry-leading interactive conversion strategies, 2) world-class media services performed at scale, and 3) comprehensive supply-side solutions in real-time environments. CPX has been a privately held force in the digital advertising space since the early 2000s.

About Hofstra University
Hofstra University is a dynamic private institution of higher education where more than 11,000 full and part-time students choose from undergraduate and graduate offerings in liberal arts and sciences, business, engineering, applied science, communication, education, health sciences and human services, honors studies, the Maurice A. Deane School of Law and the Hofstra North Shore-LIJ School of Medicine.