Computer Horizons CEO John Cassese Named New Jersey Entrepreneur Of The Year.MOUNTAIN LAKES, N.J.--(BUSINESS WIRE)--June 19, 1997--Computer Horizons Corp. (Nasdaq: CHRZ) announced today that its chairman and president, John J. Cassese, has been named 1997 New Jersey Entrepreneur Of The Year(R). The award was presented on Wednesday, June 18, at the Brunswick Hilton and Towers in East Brunswick, New Jersey. Cassese received the award in the "Master Entrepreneur" category, affirming his commitment to sustaining and growing an information technology company in business since 1969. This elite competition, founded and produced by Ernst & Young and sponsored by the Entrepreneur Of The Year Institute, the Center for Entrepreneurial Leadership at the Ewing Marion Kauffman Foundation, USA TODAY USA Today National U.S. daily general-interest newspaper, the first of its kind. Launched in 1982 by Allen Neuharth, head of the Gannett newspaper chain, it reached a circulation of one million within a year and surpassed two million in the 1990s. and The Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. , is the nation's most prestigious honor for entrepreneurs who have created and sustained growing business ventures. Cassese co-founded Computer Horizons in 1969, and served as vice president until 1982, when he became president and chairman. Since becoming president, his entrepreneurial spirit and vision for Computer Horizons has enabled the company to increase its revenue 1000 percent. During the past four and a half years, Computer Horizon's market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. has risen from $25 million in 1992 to nearly $1 billion currently. In recent years, Cassese has successfully reinvented the professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. company, growing and maturing it into a leading provider of total solutions. The company's solution to the Year 2000 problem Year 2000 problem, Y2K problem, or millennium bug, in computer science, a design flaw in the hardware or software of a computer that caused erroneous results when working with dates beyond Dec. 31, 1999. , Signature 2000(TM), combines a proprietary software toolset, a proven methodology, and project management expertise, and has emerged as the leading Year 2000 solution. In fact, it is the chosen solution for our nation's largest bank, insurance firm, federal contractor, transportation services company and many more. Under Cassese's vision for the company, Computer Horizons has recently established CHC CHC Chicago Cubs CHC Community Health Center CHC Chestnut Hill College (Philadelphia, Pennsylvania) CHC Congressional Hispanic Caucus CHC Community Health Council (UK National Health Service) International, Ltd., with offices in Toronto and London. Together with Computer Horizon's Indian-based joint venture, Birla Horizons, these steps toward internationalizing Computer Horizons also represent the beginning of a larger vision to globalize glob·al·ize tr.v. glob·al·ized, glob·al·iz·ing, glob·al·iz·es To make global or worldwide in scope or application. glob the company by the close of this century. CHC International will leverage the Signature 2000 offering not only for Year 2000 and EMU conversion projects, but to create business growth and to service the global needs of existing and future clients. Cassese serves on the Board of Directors and Executive Council of the Information Technology Association of America See ITAA. (ITAA (Information Technology Association of America, Arlington, VA, www.itaa.org) Formerly the Association of Data Processing Service Organizations (ADAPSO). A membership organization founded in 1960 that defines performance standards, improves management methods and monitors government ). A member of the Board of Directors of the United Way of Morris County, Cassese is Chairman of the Cultivation Committee. He is a trustee of St. Margaret's Church For the suburb of London, called St Margaret's, see . For the list of saints, see . St Margaret's Church may refer to: United Kingdom
Computer Horizons Corp. (Nasdaq: CHRZ) founded in 1969, is a diversified information technology services company with 3,000 employees. Through its international network of 45 offices, it provides clients with resource augmentation, advanced technology solutions to business problems through applications development, client/server migration, network management, emerging technologies, and legacy systems maintenance, including its industry-leading solution to the millennium date-change problem, CHC's Signature 2000(TM). For more information, visit the Computer Horizons website at http://www.chccorp.com. CONTACT: Ruder Finn -OR- Computer Horizons Corp. Alison Xenakis David Reingold 212/715-1591 201/402-7400 / 800/321-2421 xenakisa@ruderfinn.com david.reingold@chc.fabrik.com |
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