Florida's Outstanding Entrepreneurs Receive Top Awards; Ernst & Young's 1998 Florida Entrepreneur Of The Year Award Winners Announced And Honored At Banquet.ORLANDO, Fla.--(BUSINESS WIRE)--June 25, 1998--Nine Ernst & Young Entrepreneur Of The Year(R) award recipients were announced at a June 25 banquet attended by more than 700 of Florida's business leaders. The banquet is the finale to an active statewide search to identify and recognize Florida's most outstanding entrepreneurs. The banquet at the Orlando World Center Marriott in Orlando is part of the National Entrepreneur Of The Year awards program founded and produced by the professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. firm of Ernst & Young LLP LLP - Lower Layer Protocol , and sponsored nationally by the Entrepreneur Of The Year(R) Institute, the Center for Entrepreneurial Leadership Inc. 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. , and locally in Florida by Holland & Knight LLP, The Citibank Private Bank and Florida Business Journals. An independent panel of judges Panel of Judges is an indie pop band from Melbourne, Australia. Members
1998 Ernst & Young Florida Entrepreneur of the Year Award Recipients
Emerging Entrepreneur
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Scott H. Adams, President/CEO
Hiway Technologies, Inc.
Boca Raton, FL
Financial Services
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Eduardo A. Masferrer, Chairman and CEO
Hamilton Bank, N.A.
Miami, FL
Health Care
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Terek Diasti - CEO, Adam Diasti - President and
Tim Diasti -Vice President of Development
Coast Dental
Tampa, FL
Manufacturing
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George Feldenkreis, Chairman and CEO
Supreme International
Miami, FL
Master Entrepreneur
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Sandy Miller, Chairman and CEO
Budget Group, Inc.
Daytona Beach, FL
Real Estate/Construction
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Rebecca J. Smith, President
The A.D. Morgan Corporation
Tampa, FL
Software Technology
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Edward E. Iacobucci, Chairman
Citrix Systems, Inc.
Ft. Lauderdale, FL
Technology Products
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Mark A. Queen, President
Key-Trak, Inc.
Oviedo, FL
Technology Services
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Satish K. Sanan, President and CEO
Information Management Resources
Clearwater, FL
A distinguished national judging panel, selected by the Center for Entrepreneurial Leadership Inc. at the Ewing Marion Kauffman Foundation, will choose the national finalists and award recipients for several National awards and the national Entrepreneur Of The Year(R) award. All Florida award recipients are eligible, including those from previous years. National finalists and award recipients will be announced at a black-tie awards gala during the Entrepreneur Of The Year Institute International Conference, November 12-15 in Palm Springs, CA. Profiles of 1998 Ernst & Young Florida Entrepreneur of the Year Award Recipients George Feldenkreis, Manufacturing Entrepreneur of the Year Supreme International, Miami George Feldenkreis founded Supreme International which has grown to become a leading supplier of mens' and boys' casual sportswear -- providing a full line of shirts, pants, and sweaters to the largest retail stores in the country. Sales have grown from $15 million in 1989 to over $190 million last year. Growing up in Cuba, George learned the fundamentals of international business from his father who said "listen to and study your customer, find a need that has not been met, then fill that need with price-competitive, quality products." Products such as a tail-less shirt for children in tropical climates A tropical climate is a type of climate typical in the tropics. Köppen's widely-recognized scheme of climate classification defines it as a non-arid climate in which all twelve months have mean temperatures above 18°C (64.4 °F). and a loose-fitted, pleated shirt popular with the Hispanic community. The company recently acquired a number of national brands including Munsingwear, Penguin Sport and Grandslam golf apparel. Today, as Supreme continues to expand, George has been joined by his son Oscar. Rebecca Smith Rebecca Smith is a reporter in the Los Angeles, California, bureau of the Wall Street Journal. In 1996 she shared a Gerald Loeb Award for distinguished financial and economics reporting. , Real Estate/Construction Entrepreneur of the Year A.D. Morgan Corporation, Tampa At age 29, Rebecca Smith started the A.D. Morgan Corporation of Tampa which has become known as one of the most creative and innovative construction companies in Florida. Over the past nine years, it has grown at an average rate of 100 percent a year. Last year, revenues exceeded $21 million. Since A.D. Morgan was a small company in the beginning, Rebecca had to learn every aspect of the business, including the responsibilities of president, project manager and secretary. That "whatever it takes" attitude has helped build the company's reputation for tackling challenging and difficult projects. The A.D. Morgan Corporation has built highly technical and highly complex buildings and communications sites where conventional construction methodologies would not have worked. Terek, Adam & Tim Diasti, Healthcare Entrepreneur of the Year Coast Dental, Tampa Terek, Adam, and Tim Diasti founded Coast Dental of Tampa which has demonstrated the success of an innovative approach in providing high -quality, affordable dentistry dentistry, treatment and care of the teeth and associated oral structures. Dentistry is mainly concerned with tooth decay, disease of the supporting structures, such as the gums, and faulty positioning of the teeth. . Born and raised in Egypt, the Diasti brothers came with their parents to America in 1980 to pursue a good education. Undaunted by early disappointments, Adam and Terek decided to apply their dentistry background by opening a completely different type of dental company. Tim soon joined his brothers. Coast Dental offices were geared toward patient needs; lowering the cost of dentistry, using more hygienists and assistants, opening offices in retail shopping centers shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into , and then advertising their services. The concept caught on fast. They spent $10 ,000 on advertising and took in over $50,000 the first month. And since that first center in 1992, the Diasti's have enjoyed incredible growth. 1997 revenues totaled $20 million and 75 offices now provide quality dental care. Eduardo A. Masferrer, Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. Entrepreneur of the Year Hamilton Bank, N.A., Miami Eduardo Masferrer spent most of his adult life forging his own path; he was the youngest Vice President at Irving Trust Irving Trust was a big bank, headquartered in New York City. In 1988 Irving was bought by the Bank of New York and ceased to exist as an independent entity. Company, and a bank owner in Panama at age 35. In 1988, Eduardo created Hamilton Bank, N.A. --based in Miami -- specializing in international trade finance focused on Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . Utilizing his expertise and strong leadership, he developed a global perspective to take advantage of the new business trend of a more integrated worldwide economy. Revenues in 1997 surpassed $99 million. Assets have skyrocketed from $16 million to $1.3 billion dollars. The bank has grown from 2 branches in Miami to 8 branches throughout Florida and Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. , with 250 employees. Last year, Eduardo reached a milestone by taking his company public. Since then, Hamilton stock has been on a steady climb. Mark A. Queen, Technology Products Entrepreneur of the Year Key-Trak, Inc., Oviedo Mark Queen founded Key-Trak of Oviedo, which manufactures the electronic key control systems used by auto dealerships, the hotel and apartment industry, and by many government agencies. Mark developed his Key-Trak concept while selling finance and insurance software to car dealerships This article is about car dealerships. For the indie pop band, see Dealership (band). A car dealership or vehicle local distribution is a business that sells new cars and/or used cars at the retail level, based on a dealership contract with an automaker or where he kept hearing employees asking each other if they had the keys to a particular car. One of the many advantages of Key-Trak is that it provides a verifiable audit trail of key usage by employees and outside contractors. The first years were difficult, and it took 5 years to realize their first profits. Last year, revenues surpassed $10 million. Today, more than 3500 Key-Trak systems are installed in 48 states and 6 countries. As Mark puts it, it was a case of discovering a problem, creating a solution, and then selling the solution to the people that have the problem. Satish K. Sanan, Technology Services Entrepreneur of the Year Information Management Resources, Clearwater Satish Sanan developed his revolutionary workday concept in 1991 by tapping into a huge pool of software experts in his native India. He was able to leverage an 11- hour time zone difference by having the virtual `second shift' log on to the customers' mainframe computers during their overnight hours. It is a unique answer to an unquenchable demand for critical computer skills. With the ability to double customer productivity without straining their computer systems, Satish has expanded his virtual workday offices. Today, there are software development centers in Bangalore and Bombay, India and Belfast, Northern Ireland Northern Ireland: see Ireland, Northern. Northern Ireland Part of the United Kingdom of Great Britain and Northern Ireland occupying the northeastern portion of the island of Ireland. Area: 5,461 sq mi (14,144 sq km). Population (2001): 1,685,267. . A fourth center in New Delhi New Delhi (dĕl`ē), city (1991 pop. 294,149), capital of India and of Delhi state, N central India, on the right bank of the Yamuna River. , India will open later this year. Information Management Resources (IMR IMR - Internet Monthly Report ) of Clearwater, has grown tremendously over the past 10 years. IMR is now an $83 million plus company with more than 1600 employees worldwide. Edward E. Iacobucci, Software Technology Entrepreneur of the Year Citrix Systems Citrix Systems' (NASDAQ: CTXS) is an American technology company, based in Fort Lauderdale, Florida, with subsidiary operations in California and Massachusetts, with additional development centers in Australia, India and the UK. , Inc., Ft. Lauderdale Edward Iacobucci founded Citrix Systems of Ft. Lauderdale which has become a leading global software company by developing and incorporating a technology that many thought unworkable. Since his high school involvement in Junior Achievement, Edward always wanted to start his own company. After working for 11 years at IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) where he headed the team that designed the OS-2 operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. , he knew it was time to go out on his own. Edward secured venture capital and formed strategic alliances with some of the world's leading names in the computer industry. Today, Citrix Systems employs over 450 professionals in 7 international locations. In just one year, revenues nearly tripled from $44 million in 1996 to $123 million last year. Their flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Winframe Enterprise is working in thousands of businesses, allowing networks of desktop computers to run Windows-based applications. Scott H. Adams, Emerging Entrepreneur of the Year Hiway Technologies, Inc., Boca Raton Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. In 1995, when the information superhighway seemed more like a dirt road dirt road n (US) → camino sin firme dirt road n → chemin non macadamisé or non revêtu dirt road dirt n , Scott Adams
Scott Raymond Adams (born June 8, 1957) is the creator of the Dilbert became convinced that web sites would offer strategic advantages to many companies. Blending a background in computer science with his finance degree, Scott teamed up with Bill Nesbitt to form Hiway Technologies of Boca Raton. Today, Scott's company is one of the world's leading web site providers with a global presence of more than 90,000 sites with customers in over 120 countries. Hiway Technologies has literally pioneered the web hosting Making a Web site available on the Internet. Many ISPs host a few personal Web pages for an individual at no additional cost above the monthly service fee, but the address is subordinate to the ISP; for example, www.friendlyisp.com/pat_smith. industry, setting the industry standard for technology and customer service. Hiway recently completed the web hosting industry's largest merger, and has just moved into a corporate center where IBM launched the first personal computer. Sandy Miller Sandy Lee Miller (nee Percival) is a journalist and news anchor from Missouri. Miller currently co-anchors weekdays for FOX 2 News at 6 p.m. She joined FOX 2 in October 2002. Before joining the FOX team, Sandy co-anchored the 9 p.m. news at KPLR-TV for 4 years. , Master Entrepreneur of the Year Budget Group, Inc., Daytona Beach Daytona Beach (dātō`nə), city (1990 pop. 61,921), Volusia co., NE Fla., on the Atlantic coast and Halifax River (a lagoon); inc. 1876. Center of a rapidly urbanizing area, in a region settled by Spanish Franciscans in the 17th cent. Sandy Miller has been in the car rental industry for 20 years, first as a management trainee with Avis, and then with Dollar. In 1981, Sandy along with two friends, bought a Budget Rent-a-Car franchise in Daytona Beach. Seeing the opportunities available to Budget franchise owners, his entrepreneurial spirit led him to buy more franchises throughout the country. Eighteen years later, Sandy and his partners bought the entire company. Before acquiring the entire chain from Ford Motor Company, Sandy was Budget's largest franchisee with 155 locations. His company, the Budget Group based in Daytona Beach, includes the world's 3rd largest car and truck rental system -- including Ryder truck, and other auto sales Auto Sales The major producers of domestic automobiles report sales monthly. These numbers are seasonally adjusted by the U.S. Department of Commerce and are available to the public one to five business days after the end of each month. and service companies. In 1997 revenues reached $1.3 billion. Sponsors' Background Ernst & Young LLP provides assurance and advisory business services, tax services and consulting for domestic and global clients. The firm has 27,000 people in 89 U.S. cities, including Miami, West Palm Beach, Orlando, Tampa and Jacksonville in Florida. Ernst & Young Entrepreneurial Services is dedicated solely to meeting the business needs of owner-managed businesses. Visit the Ernst & Young homepage at http://www.ey.com. The Entrepreneur Of The Year(R) Institute was created to celebrate accomplishments of the world's outstanding entrepreneurs and to make the general public more aware of the benefits they provide to our society. Membership is limited exclusively to Entrepreneur Of The Year(R) award recipients. The Kauffman Center for Entrepreneurial Leadership Inc. at the Ewing Marion Kauffman Foundation has become a trusted resource for accelerating entrepreneurship in America, promoting opportunities for entrepreneurs, educators and youth nationwide. The Center is at the Ewing Marion Kauffman Foundation, the largest foundation supporting entrepreneurship in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . For today's time-pressed, affluent, and influential consumers, USA TODAY is the user-friendly, comprehensive source of communication that informs, educates, and entertains. The Nasdaq Stock Market is the fastest-growing stock market in the United States and the world's largest electronic market. Nasdaq is a subsidiary of the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). ., the largest securities industry self-regulatory organization Self-regulatory organization (SRO) Organizations that enforce fair, ethical, and efficient practices in the securities and commodity futures industries, including all national securities and commodities exchanges and the NASD. in the United States. The Citibank Private Bank provides a complete range of financial services to wealthy individuals who wish to manage their financial affairs, build their wealth, and protect their assets. Through the personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. services of their own private banker, and the unmatched global resources of Citibank, clients have access to a coordinated array of financial services that are tailored to their unique requirements and preferences. With a presence in virtually every financial marketplace and over $100 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. worldwide, The Citibank Private Bank is the world's most global private banking organization. Holland & Knight LLP is the largest law firm in Florida, with ten offices throughout the state and offices in Atlanta, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , and Washington D.C. With approximately 650 lawyers, H&K provides services to businesses, companies, and individuals representing a large variety of industries. The Florida Business Journals are weekly business publications that provide business news and information to executives in four major metropolitan areas - Jacksonville, Orlando, South Florida and Tampa Bay Tampa Bay, inlet of the Gulf of Mexico, 25 mi (40 km) long and 7 to 12 mi (11.3–19 km) wide, W Fla., separated from the Gulf by numerous small islands; it receives the Hillsborough River. St. . The Florida Business Journals' team of seasoned business writers provide a local, in-depth perspective on a variety of industries including real estate, health care, technology, finance, law, economic development, marketing, retail and tourism. The Florida Business Journals also provide their advertisers with a direct link to the business leaders who initiate, evaluate and authorize buying decisions for their company. Ernst & Young Entrepreneur Of The Year (R) is a registered service mark of Ernst & Young LLP. Note To Editors: Winners will be notified at the awards banquet. Please do not contact winners prior to 9 PM June 25, 1998!
CONTACT: Lori Nicholas
813/225-4801
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