For its 2010 design competition, Philips is inviting you to design the next steam generating iron. The goal is to come up with something innovative, geared to 2015, that represents Phlips' brand promise of "sense and simplicity." The top prize is $4500; second prize, $3,000; first, $2,500; and three honorable mentions will be awarded $1,000 each, plus Autodesk software for all.
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