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TXP-Texas Prototypes Inc. President & CEO, Michael C. Shores, Honored as Finalist for Ernst & Young Entrepreneur of the Year 2005 Awards.


RICHARDSON, Texas Richardson is a suburb in Dallas County and Collin County, Texas. As of the 2000 census, the city had a total population of 91,803, while according to a 2006 estimate, the population had grown to 99,200.  -- On June 18, 2005, TXP-Texas Prototypes, Inc, a global provider of prototyping electronics manufacturing services Electronic manufacturing services (EMS) is term used for companies that design, test, manufacture, distribute and provide return/repair services for electronic component and assemblies for original equipment manufacturers (OEMs).  (EMS) for original equipment and contract manufacturers, 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. , Michael C. Shores, was honored as a Finalist for the Ernst & Young Entrepreneur of the Year(R) 2005 Awards in the Southwest Area in the Realizing Business Potential Award category. Mr. Shores was selected by an independent panel of judges Panel of Judges is an indie pop band from Melbourne, Australia. Members
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 comprised of local business, academic, and community leaders. The awards were announced on June 18, 2005 at a banquet held at the International Apparel Mart in Dallas.

Each year Ernst & Young, through its Entrepreneur of the Year Awards, recognizes significant business achievements around the world. Such accomplishments are made possible by the entrepreneurial spirit - the incredible depth and character that entrepreneurs possess as they develop new technologies, create faster ways to distribute goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. , and improve the quality of life for people around them.

Over the last decade, Mr. Shores has helped Original Equipment Manufacturers (OEMs) launch new high tech electronic products into manufacturing production in the telecommunications, networking, military, medical, and consumer market segments. Prior to founding Texas Prototypes, Inc, he developed strong business relationships with major OEMs while starting a New Product Introduction Center for a global tier one EMS provider.

Since its incorporation in 2002, TXP TXP Textpattern
TXP Transponder (aircraft radio that responds to radar)
TXP Transaction Protocol
TXP Transaction Processor
TXP Tape Transport (usually open reel tape deck)
TXP Taxoprexin DHA-paclitaxel
 has led the electronics industry outsourcing supply chain evolution in the prototyping and quick-turn manufacturing market segment. The company's success has been attributed to its unique manufacturing execution model which gives OEMs the resources to transform their intellectual property into product development, then provides them the global competitive advantage to launch their manufacturing to a contract manufacturer, or back to their own internal manufacturing facilities, anywhere in the world.

TXP was selected as a 2004 Supply & Design Chain Champion alongside Cisco, EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. , NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98).

NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd.
 and Sparton, by Electronics Supply & Manufacturing magazine. "The acceptance of our business model has been overwhelming," said Michael C. Shores. "I am proud to be at the head of one of the Pre-Manufacturing Services industry's fastest growing companies, and very excited about what the future potentially holds."

About The Ernst & Young Entrepreneur of the Year Program

The Ernst & Young Entrepreneur of the Year Program was created and is produced by professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products.  firm Ernst & Young LLP LLP - Lower Layer Protocol . As the first award of its kind, Ernst & Young Entrepreneur of the Year recognizes outstanding entrepreneurs who are building and leading dynamic and growing businesses. The program honors entrepreneurs through regional, national, and global award programs in over 100 cities and 35 countries.

About Ernst & Young

Ernst & Young, a global leader in professional services, is committed to restoring the public's trust in professional services firms and in the quality of financial reporting. Its 100,000 people in 140 countries around the globe pursue the highest levels of integrity, quality, and professionalism to provide clients with solutions based on financial, transactional, and risk-management knowledge in Ernst & Young's core services The introduction to this article provides insufficient context for those unfamiliar with the subject matter.
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 of Audit, Tax, and Transaction Advisory Services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
. Ernst & Young practices also provide legal services legal services n. the work performed by a lawyer for a client.  in some parts of the world where permitted. Further information about Ernst & Young and its approach to a variety of business issues can be found at www.ey.com/perspectives. Ernst & Young refers to all the members of the global Ernst & Young organization.

About TXP-Texas Prototypes, Inc.

Texas Prototypes, Inc. (TXP), based in Richardson, Texas, is a global provider of Pre-Manufacturing Services for the electronics industry, supporting original equipment manufacturers, original design manufacturers , contract manufacturers and new technology innovators. The Company excels in both design and supply chain solutions services for new product development which include prototyping and quick-turn electronic assembly, new product introduction, pilot production, material supply chain management as well as the transfer of product into production. TXP's core technology focus is on complex printed circuit board assemblies, photonics, optoelectronics, and advanced packaging solutions, while forging profitable business opportunities with well-positioned high speed, digital, analog, and RF technologies and industries that require complementary service requirements. By working closely with its customers and being highly responsive to their requirements throughout the design processes, TXP believes that it can be an integral part of its customers' operations, accelerate their time-to-market and time-to-volume production and reduce their product costs. TXP has three operating divisions that build on its Design for Manufacturability foundation: TXP-Texas Prototypes, TXP- Photonics, and TXP- Packaging. For more information visit www.texasprototypes.com, or contact Michael C. Shores, Tel: 214.575.9300, E-mail: michael.shores@texasprototypes.com.
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Publication:Business Wire
Geographic Code:1USA
Date:Jun 21, 2005
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