Process Systems Enterprise (PSE), the provider of the gPROMS Advanced Process Modelling environment, is a pioneer in the emerging technology of Model-Based Innovation. gPROMS is widely used in academic research, particularly in areas of novel technology, to provide quantification to support research results through the application of first-principles modelling. In acknowledgement of the growing application of first-principles modelling in research, PSE is pleased to announce an annual €5000 Euro (about US$7500) prize for the best paper describing the use of gPROMS in an innovative way or in a novel area of application or technology. The research presented in the paper should make substantial use of gPROMS modelling in order to achieve the results described. The judges will favour novel applications or application in novel technology areas. The prize is open to applicants from industry as well as academia. Submissions will be judged by the panel of three leading academics in the field of Process Systems Engineering: Professor Stratos Pistikopoulos (Imperial College London), Professor Rafiqul Gani (Technical University of Denmark) and Professor Michael Georgiadis (University of Western Macedonia, Greece). More details on the prize can be found on the PSE website at http://www.psenterprise.com/academic/mbi_prize/index.html, along with the rules, guidelines and a submission form. Each year the prize will be announced at a key academic or industrial conference. This year, it will be announced at the 2008 AIChE Annual Meeting in Philadelphia. In addition to awarding the prize, PSE may invite the corresponding author to present the paper at the PSE Annual Meeting and to publish a summary page on the PSE website, depending on copyright and other considerations. If you feel that you have a paper that will qualify for the prize, you are encouraged to submit an abstract using the entry form athttp://www.psenterprise.com/academic/mbi_prize/form_mbi_prize.html. You do not need to provide the full paper and publication details until the deadline. If you have any questions, please feel to ask the organising committee by emailing the PSE Model-Based Innovation Prize committee at [log in to unmask] Mark Matzopoulos Process Systems Enterprise