ASPIRING INVENTORS PRESENT BOYS' UNDERWEAR WITH A MAGNETIC FLY, AN APPLIANCE TO MAKE STUFFED WAFFLES, AND A TOTE BAG WITH A HIDDEN DRINK DISPENSER, ON ABC'S 'STEVE HARVEY'S FUNDERDOME'

"Episode 101" - Aspiring inventors hoping to win over a live studio audience to fund their ideas, products or companies include: a cup cozy that holds more than one can, a women's undergarment that opens via a side clasp, and a rolling pin that easily makes ravioli, on an all-new episode of the seed-funding competition reality series "Steve Harvey's FUNDERDOME," airing on SUNDAY, JUNE 25 (9:00-10:00 p.m.), on The ABC Television Network.

This week's inventions and the inventors that will go head-to-head are:

· The BTO Beverage Cooler - an insulated cup cozy that holds more than one can. Inventor: Ryan from Richey, Florida

· Swankey Beverage Tote - a stylish tote with a hidden dispensing bag for drinks. Inventor: Tracey from Wylie, South Carolina

· Chaddeze - boys' underwear with a magnetic fly. Inventor: Mary from Independence, Kentucky

· Slick Chicks - women's underwear that opens via a clasp on the side. Inventor: Helya from New York, New York

· Waffle Iron - an appliance that allows you to make stuffed waffles. Inventor: Mike from Pflugerville, Texas

· Repast Supply Co. - a modified rolling pin that helps you easily make homemade ravioli. Inventor: Michael from San Rafael, California

In each episode of "Steve Harvey's FUNDERDOME," the studio audience will represent the "customer," and since the customer is always right, they will be voting to determine the winner. Before revealing the results of the crowd's majority vote, host Steve Harvey, the highly popular stand-up comedian, actor, author and Emmy Award-winning game show host, will present the inventors with a major dilemma. One of the inventors is allowed to cash out and walk away for a lesser amount. If an inventor cashes out, they forgo the opportunity to win the whole cash prize for that round - a good move if they lost the crowd vote, but a bad move if they would have won it.

"Steve Harvey's FUNDERDOME" is produced by MGM Television and internationally distributed by MGM. The executive producers are Mark Burnett, Leslie Garvin and Barry Poznick.