Atari offers $50,000 grand prize for iOS re-imagining of the classic game

Atari is looking for help bringing Pong to the App store.
The Pong Indie Developer Challenge offers contestants a shot at winning "up to 100,000" for their new take on Atari's most iconic game.

Contestants should submit their idea for a mobile Pong title, to be released on iPad, iPhone, and iPod touch, by Sunday, April 15.
Twenty semi-finalists will be announced on the 24th of April, who will assemble a team and begin work on their game.
The ten finalists, announced June 19th, will be highlighted on Atari's Developer Spotlight, recieve full three year revenue-share publishing agreements including marketing and PR support, and cash prizes based on their final standings.