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MagRabbit.com Awarded Minority Supplier/Distributor of the Year; Leading E-commerce, E-fulfillment Company Recognized for Promotion of Diversity, Equal Opportunity.


Business Editors & High-Tech Writers

AUSTIN, Texas--(BUSINESS WIRE)--Aug. 28, 2000

MagRabbit.com, a leading provider of e-business fulfillment and e-customer care services, today announced it received the Texas Minority Supplier/Distributor of the Year Award from the Minority Business Development Agency. The award is presented in conjunction with Regional Minority Enterprise Development (MED) Week, Texas Conference of Black Mayors, and Business Opportunity Symposium Series 2000.

Since 1983, the Dallas Regional Office of the Minority Business Development Agency has celebrated annually MED Week to honor minority entrepreneurs of the region. The award honors outstanding minority business owners and those individuals or firms who support minority businesses in their area.

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.
 Barbara Burton, conference director, Texas Minority Business Opportunity Committee, MagRabbit.com was awarded the honor because of the foundation on which the company was created and continues to support and because of the community support and leadership Tommy Hodinh, MagRabbit.com chairman and 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. , provides.

"We chose to sponsor MagRabbit.com because of its continued success and its record of promoting opportunities for minorities," said Burton. "Tommy is a wonderful person with a drive to help lead and develop his MagRabbit team, while devoting hours of energy to providing community support and guidance. His commitment to fairness and equality is evident in everything he does, especially MagRabbit.com."

In 1973, with $100 in his pocket, Hodinh relocated to 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.  as a refugee from his native Vietnam. He worked his way through school and embarked on a successful career 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) . In 1990 he founded MagRabbit.com on the company's initial core competency A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
  1. It provides customer benefits
  2. It is hard for competitors to imitate
  3. It can be leveraged widely to many products and markets.
, magnetic disk replication. The customer-focused philosophy of MagRabbit.com brought them into fulfillment and logistics jobs for their magnetic disc replication clients, a natural extension of their existing business. In 1996, their customers brought them into e-commerce fulfillment. As the whirlwind whirlwind, revolving mass of air resulting from local atmospheric instability, such as that caused by intense heating of the ground by the sun on a hot summer day.  of technological change started to alter the face of business, MagRabbit.com emerged as an experienced player in the world of e-fulfillment and value-chain management. Today, they continue to uphold up·hold  
tr.v. up·held , up·hold·ing, up·holds
1. To hold aloft; raise: upheld the banner proudly.

2. To prevent from falling or sinking; support.

3.
 the standard of excellence and innovation in the industry, and they look forward to growing into the future with their clients.

MagRabbit.com is a minority-owned company whose employees are as diverse as the global markets it serves. Previously awarded the Austin Minority Supplier of the Year by the Minority Business Development Center, MagRabbit.com continues to weave Hodinh's principles into the company's core values. Hodinh serves as director to the board of the Austin Children's Museum Children's museums are institutions that provide exhibits and programs that stimulate informal learning experiences for children. In contrast with traditional museums that typically have a hands-off policy regarding exhibits, children's museums feature interactive exhibits that are  and as co-founder and chairman of the board for the Texas Asian Chamber of Commerce. He is also a member of the board of directors for both the Central/South Texas Minority Business Council and the Greater Austin Chamber of Commerce.

"From the beginning, I have instilled in this company a dedication to diversity and communal teamwork," said Hodinh, chairman and CEO, MagRabbit.com. "I built this company on high values in diversity and equal opportunity. The result has been a wonderfully diversified and synergistic synergistic /syn·er·gis·tic/ (sin?er-jis´tik)
1. acting together.

2. enhancing the effect of another force or agent.


syn·er·gis·tic
adj.
1.
 workforce with a variety of thinking patterns that contribute to MagRabbit.com's pursuit for excellence."

About MagRabbit.com

MagRabbit.com is a virtual back office that specializes in e-commerce fulfillment and e-customer care. They physically operate warehouses, manage customer contact center personnel, and process orders to allow our clients to deliver fantastic customer service while growing at phenomenal rates. MagRabbit.com has the systems, technology, and 10 years of domain expertise to deliver exceptionally high levels of quality and accuracy in e-commerce fulfillment and e-customer care. Companies like Dell Computer, IBM, Motorola, AllProTraining.com, and 3Ware.com trust MagRabbit.com for their mission critical e-commerce fulfillment needs.

About Minority Business Development Agency

The Minority Business Development Agency (MBDA MBDA Minority Business Development Agency (US Department of Commerce)
MBDA Michigan Broadband Development Authority
MBDA Minnesota Band Directors Association
MBDA Matra BAE Dynamics Alenia
MBDA Magnolia Ballroom Dancers' Association
), is part of the U.S. Department of Commerce. MBDA is the only Federal Agency created specifically to foster the creation, growth and expansion of minority-owned businesses in America. MBDA provides funding for Minority Business Development Centers (MBDC MBDC McDonough Braungart Design Chemistry, LLC (product and systems development firm)
MBDC Micro Banking District Center (Indonesia) 
), Native American Business Development Centers (NABDC), Business Resource Centers (BRC BRC Black Rock City (Burning Man)
BRC British Retail Consortium
BRC Business Resource Center (Small Business Administration)
BRC Bisexual Resource Center
BRC Black Radical Congress
) and Minority Business Opportunity Committees (MBOC) located throughout the Nation. The Centers offer a wide range of business services to minority entrepreneurs. For more information visit the Web site www.mbda.gov.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 28, 2000
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