This is a guest post written by Erin Williams of Allen Hall Public Relations.

Final Presentations concluded today with venture group Electrisense from the Georgia Institute of Technology.

TJ Patel and Erich Stuntebeck presented their solution to indoor real-time asset tracking. By using existing power lines within the building infrastructure, the venture keeps hardware costs low. The group says their solution leads to lower cost of ownership for such a tracking system.

The team will focus on the healthcare industry but expect to expand into other markets and internationally at a later stage. By 2011, the team expects to be in the black.

Results of the Final Presentations will be posted after 7:30 p.m.