The design was not developed by anybody. Its just a cooling "accessory", which incorporates a TEC, which has been around for quite sometime.
I must say I am quite surprised that the Monsoon II Lite has managed to keep such an overclocked chip cool, given that the TEC only takes up 50W at 100% (according to article), which means it can only dissipate (theoretically) up to 50W of heat. Given that a stock Core2Duo dissipates around 90W, and much much more when overclocked like that, the numbers don't quite add up.
But looking at the design, with extra heat-pipes on the CPU itself, that could have something to do with it. I would have seriously doubted the amount of heat a 4 heatpipe aircooler could dissipate. But this is a single review. Reading more reviews which compares this product to other high-end aircoolers would really prove that this product performs better than other high-end coolers. I particularly like this one because it compares it directly to the Soniq Tower, which I believe is one of the best out there, but like I said, the numbers don't seem to add up. The review also did not mention if the comparison results were done together with the new unit, or were old results with the same methodology.
But overall, its a great initial review.