You will be given 6 algorithmic problems to solve in 3 hours. Partial scoring will be used (you get points for passing each test case). Although the contest is targeted towards beginners, we hope even experienced problem-solvers find one or two problems to be interesting. The contest is rated and prizes will be awarded to the top 3 beginners (i.e. programmers with a rating of 1600 or less before the challenge starts) — $75, $50 and $25 Amazon gift cards respectively. In addition, there are T-shirts for the top 10.
Good luck & high ratings!