NEW YORK, Aug. 25, 2010 (GLOBE NEWSWIRE) -- Encompass Group Affiliates, Inc. (OTCBB:ECGA) today announced that company President and CEO Wayne Danson completed participation on a national judging panel for the Ernst & Young Entrepreneur Of The Year 2010 awards.
The Entrepreneur Of The Year awards program was created in 1986 to recognize entrepreneurs whose ingenuity and perseverance have created and sustained successful, growing business ventures. Today the program has expanded to more than 135 cities in 50 countries with awards presented annually to over 900 of the world's most innovative entrepreneurs.
Danson is one of 50 business leaders from across the U.S. selected to serve as a judge for the national awards program. There are 10 judging categories with each having a judging panel comprising five industry specialists. Danson participated on the Distribution and Manufacturing category panel.
"I am honored to again have had the opportunity to be involved in this highly-prestigious and worthy program," said Danson. "The entrepreneurial mindset is what spurs the creativity and drive that turn imagination into reality and fuels our economic growth. It was very exciting to review the accomplishments of this year's nominees and to learn what innovative ideas or processes they are pursuing to advance their industries."
Award nominees were judged based on criteria including: entrepreneurial spirit, financial performance, leadership, community/global impact, innovation and personal challenges in achieving success. The awards will be presented in November at a gala held during Ernst & Young's annual Strategic Growth Forum.
In 2009, Danson was named a finalist for the Entrepreneur Of The Year award out of nearly 65 nominations in the Distribution and Manufacturing category for the New York Metro region. Under his leadership, Encompass has earned a strong market position in the reverse logistics industry through its first-class parts distribution and service solutions for high-tech products and consumer electronics.
About Encompass Group Affiliates, Inc.
Encompass Group Affiliates, Inc. specializes in forward and reverse logistics for a broad range of high-tech products and consumer electronics. Through its operating units, Encompass Parts Distribution, Inc., Encompass Service Solutions, Inc. and Encompass International, Encompass provides comprehensive, cradle-to-grave solutions for top manufacturers, retailers, third-party administrators, independent dealers and other businesses throughout the U.S., Canada and Mexico. Encompass expertly manages all stages of the product lifecycle, including OEM parts and finished goods distribution, repair services, asset value recovery and eco-friendly disposal. For more information about Encompass, please visit encompass.com.
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This release and oral statements made from time to time by Encompass Group Affiliates, Inc.'s representatives concerning the same subject matter may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by introductory words such as "expects," "anticipate," "plans," "should," "believes," "will," or words of similar meaning, and by the fact that they do not relate strictly to historical or current facts. Many factors may cause actual results to differ from forward-looking statements, as well as inaccurate assumptions and a broad variety of risks and uncertainties, some of which are known and others of which are not. Known risks and uncertainties include those identified from time to time in the reports filed by Encompass Group Affiliates, Inc. with the Securities and Exchange Commission, which should be considered together with any forward-looking statement. No forward-looking statement is a guarantee of future results or events, and one should avoid placing undue reliance on such statements.