How to force a reset on Magic Trackpad

Hi,

I have owned a Magic Trackpad for a few months and it works great. I left for vacation and I left it in a shared project room at work and somebody else paired the device while I wasn't here (somehow). This person is in a different state and now that I tried to use it, it has his name in it and although I am able to pair it, only cursor movements work (and they are sort of erratic) and the multi touch gestures do not work at all. I've searched the forums and nobody seems to have had this problem before. Any ideas on how to reset the Magic Trackpad to its factory settings so that I may pair it again. What is interesting is how that person was able to pair the device when it was already paired to my MacBook Pro and now I can't do the same thing. I've tried removing the device, changing the name, updating the services, etc. through the Bluetooth preferences pane. I feel like I need a hardware or low-level solution.

MacBook Pro 15'' Unibody (2009)
Snow Leopard

Thanks in advance!