SAN DIEGO, June 10, 2008 (PRIME NEWSWIRE) -- Entropic Communications, Inc. (Nasdaq:ENTR), a leading provider of silicon solutions to enable connected home entertainment, today announced that Patrick Henry received the Ernst & Young Entrepreneur Of The Year(r) 2008 Award in the technology category in the Pacific Southwest Region. According to Ernst & Young LLP, the award recognizes outstanding entrepreneurs who are building and leading dynamic, growing businesses. Patrick Henry was selected by an independent panel of judges, and the award was presented at a gala event at the Hyatt Aventine on June 9, 2008.
"I am honored to receive the Ernst & Young Entrepreneur Of The Year award," said Patrick Henry, Chairman and CEO of Entropic Communications. "It is a fabulous recognition of the years of hard work and commitment displayed not only by myself, but also the entire team of dedicated Entropic employees worldwide. We are enthusiastic about our prospects and are focused on building a great company and changing the way the world enjoys its home entertainment."
Entropic Communications is a pioneer in connected home entertainment technologies and a founding member of the Multimedia over Coax Alliance or MoCA. As a fabless semiconductor company, Entropic designs, develops and markets system solutions to enable connected home entertainment. Entropic's technology significantly changes the way high-definition television quality video, or HD video, and other multimedia content such as movies, music, games and photos are brought into and delivered throughout the home.
The Ernst & Young Entrepreneur Of The Year awards celebrate their 22nd anniversary this year. The program honors entrepreneurs who have demonstrated exceptionality in such areas as innovation, financial performance and personal commitment to their businesses and communities.
"Ernst & Young is pleased to honor outstanding business leaders such as Patrick Henry," said Irene Veca, Ernst & Young Entrepreneur Of The Year Program Director for the Pacific Southwest Region. "Winners of the Entrepreneur Of The Year award build leading businesses and contribute a great deal to the communities around them. Their success helps our area grow stronger."
As a Pacific Southwest Regional award winner, Patrick Henry is now eligible for consideration for the Ernst & Young Entrepreneur Of The Year 2008 national program. Award winners in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year award winner, will be announced at the annual awards gala in Palm Springs, California on November 15, 2008. The awards are the concluding portion of the Strategic Growth Forum, the nation's most prestigious gathering of high-growth, market-leading companies.
Sponsors
Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year awards are pleased to have the Ewing Marion Kauffman Foundation as a national sponsor.
In San Diego, local sponsors include Beyster Institute at the Rady School UC San Diego, City National Bank, Marsh, Scherzer International, The Daily Transcript, and the Foundation for Enterprise Development.
About Entropic Communications
Entropic Communications, Inc. is a leading fabless semiconductor company that designs, develops and markets systems solutions to enable connected home entertainment. The company's technologies significantly change the way high-definition television-quality video and other multimedia content such as movies, music, games and photos are brought into and delivered throughout the home. For more information, please visit www.entropic.com.
About the Ernst & Young Entrepreneur Of The Year Awards
Ernst & Young's Entrepreneur Of The Year is the world's most prestigious business award for entrepreneurs. The award makes a difference through the unique way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Ernst & Young Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 135 cities in 50 countries.
About Ernst & Young
Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 130,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve potential. For more information, please visit www.ey.com
Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.