BizRate.com's President & CEO, Chuck Davis, Receives Ernst & Young Entrepreneur Of The Year Award.LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. -- BizRate.com, the leading shopping search and comparison shopping site, announced today that Chuck Davis  This article or section contains information about one or more candidates in an upcoming or ongoing election.Content may change as the election approaches. Charles E. , its President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , has been named the 2004 Greater Los Angeles Ernst & Young Entrepreneur Of The Year(R) Award in the Business Services category. The award was presented during a regional celebration at the Beverly Hills Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities. Hilton on June 29, 2004. The Entrepreneur Of The Year Award was created by Ernst & Young to recognize outstanding individuals on a regional, national and ultimately global level. Awards are given to entrepreneurs who have demonstrated excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities. An independent judging panel consisting of community and business leaders selects the winners. BizRate.com has been one of a handful of success stories among Internet startups and, in particular, in the online shopping search space. Under Davis' leadership, BizRate.com became profitable early in 2002 and is among the fastest-growing Internet e-commerce companies, with revenues doubling in each of the last two years. More than 9.2 million(a) consumers visit BizRate.com each month and its search engine boasts approximately 30 million products and 45,000 stores. Davis joined in late 1999 and led the transformation of BizRate.com from an online ratings firm to a fast-growth consumer shopping search site. "On behalf of BizRate.com's employees and investors, I am honored to accept this award," Davis said. "Our founders, Farhad Mohit and Henri Asseily, had the vision in 1996 to build the largest and most consumer-centric shopping search engine and, together, we accepted this award as a validation See validate. validation - The stage in the software life-cycle at the end of the development process where software is evaluated to ensure that it complies with the requirements. of all of our work. We thank our millions of loyal shoppers, Ernst & Young, and the judges for recognizing BizRate.com's product excellence and its success as a fast-growing and profitable company. "While we have achieved a lot in a short time span, we also recognize that online shopping is still only in the second inning in·ning n. 1. a. Baseball One of nine divisions or periods of a regulation game, in which each team has a turn at bat as limited by three outs. b. innings (used with a sing. of a nine-inning game," commented Davis. "BizRate.com is dedicated to enhancing its industry-leading shopping search engine so that more consumers start their shopping at BizRate.com. As a local employer, we are committed to making BizRate.com the most fun and rewarding place to work in Los Angeles. We value our employees immensely, and are ramping up our local headcount in the second half of 2004." "Entrepreneur Of The Year Award winners embrace the entrepreneurial spirit and determination needed to achieve success," said Tony Radaich, Ernst & Young Entrepreneur Of The Year Program Director for Greater Los Angeles. "Ernst & Young is proud to recognize and support these leaders and their companies." BizRate.com is now eligible for consideration for the 2004 National Entrepreneur Of The Year program. Winners in several national categories, as well as the overall National Ernst & Young Entrepreneur Of The Year, will be announced at the awards gala in November in Palm Springs, California Palm Springs is a famed Riverside County, California desert resort city, approximately 110 miles (177 km) east of Los Angeles and 140 miles (225 km) northeast of San Diego. As of the 2000 census, the city population was 42,807. . About The Entrepreneur Of The Year(R) (EOY EOY Entrepreneur of the Year EOY End-Of-Year EOY Every Other Year (timeshare) EOY Entertainer Of the Year EOY Eyes-On-You ) program The Entrepreneur Of The Year(R) (EOY) program, founded by Ernst & Young in 1986, was created to celebrate the accomplishments of the world's outstanding entrepreneurs and to make the public more aware of the benefits they provide to our society. Regional EOY programs are held in 37 U.S. locations and over 35 countries around the world. You can learn more about the EOY program through our Web site at www.ey.com/us/eoy. Entrepreneur Of The Year and logo are registered service marks of Ernst & Young LLP LLP - Lower Layer Protocol . About BizRate.com BizRate.com is the largest, fastest and most accurate shopping search engine on the Web. With an index of approximately 30 million products from 45,000 stores, BizRate uses ShopRank(TM), a proprietary shopping search algorithm In computer science, a search algorithm, broadly speaking, is an algorithm that takes a problem as input and returns a solution to the problem, usually after evaluating a number of possible solutions. , to produce the industry's most relevant search results by weighing price, popularity and availability of products, against the reputations of merchants that sell them. At the heart of ShopRank(TM) are BizRate's signature merchant and product ratings, collected from more than one million online buyers each month making them the most statistically reliable ratings on the Web. Every week, the BizRate.com shopping search engine prepares millions of shoppers to make smarter, more confident purchases and sends them directly to the checkout page of thousands of online merchants. Founded in 1996, BizRate.com is a profitable company. (a) Unique Visitors A count of how many different people access a Web site. For example, if a user leaves and comes back to the site five times during the measurement period, that person is counted as one unique visitor, but would count as five "user sessions. according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. May 2004 data from comScore Networks. |
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