Ricoh Innovations' Nikhil Balram Wins Gold Stevie(R) Award for Executive of the Year

2012 International Business Awards(SM) Honors President and CEO of Ricoh Innovations

Cupertino, California, UNITED STATES

MENLO PARK, CA--(Marketwire - Aug 28, 2012) -  Ricoh Innovations, Inc. ("RII"), a Silicon Valley-based subsidiary of Ricoh Company, Ltd., which develops innovative technologies and new business opportunities for Ricoh, today announced that its president and CEO Dr. Nikhil Balram was named the winner of a Gold Stevie® Award for Executive of the Year in the Electronics category in The 9th Annual International Business Awards.

The International Business Awards are the world's premier business awards program. All individuals and organizations worldwide are eligible to submit nominations -- public and private, for-profit and non-profit, large and small. The 2012 IBAs received entries from more than 50 nations and territories, and the Stevie Award winners were selected by more than 300 executives worldwide who participated in the judging process this year.

Nicknamed the Stevies for the Greek word for "crowned," the awards will be presented to winners at a gala awards banquet at the Ritz-Carlton Hotel in Seoul, South Korea on October 15, 2012. 

With over 20 years of experience, Dr. Balram is widely hailed throughout the industry and academia as an expert and innovator in video and display technologies across multiple platforms. He was recently honored with the 2012 Fellow Award by the Society for Information Display (SID) and the 2011 Alumni Achievement Award by Carnegie Mellon University. He has significant experience in marketing, development of international business, and engineering management, with a particular strength in building and leading consumer IC businesses from concept to widespread market success.

"Dr. Balram is a unique executive with significant strengths in both research and business, and we applaud his latest honor in The International Business Awards," said Terumoto Nonaka, corporate senior vice president of Ricoh Company and chairman of the board of RII. "With his strong leadership we are developing innovative new technologies and business opportunities for Ricoh, and Dr. Balram is working diligently to help realize Ricoh's goal of The Infinite Network -- a seamlessly connected world of people, objects and information."

Dr. Balram has held executive positions at several technology companies, most recently as vice president and general manager of the digital business entertainment unit at Marvell Semiconductor, and chief technology officer of the displays group at National Semiconductor Corporation. Previously, Dr. Balram served as executive vice president and general manager of the consumer products group at Sage, and as vice president of advanced technology at Faroudja Inc. Faroudja was acquired by Sage in 2000, which was in turn bought by Genesis Microchip in 2002.

Dr. Balram is an adjunct professor of electrical engineering at Carnegie Mellon University, visiting professor of vision science at the University of California, Berkeley, a guest professor at the Indian Institute of Technology (IIT) in Gandhinagar, India, and sits on the Industry Advisory Board (IAB) at the School of Engineering at Santa Clara University. He has more than 30 technical publications, and over 60 U.S. and foreign patents granted or pending.

Dr. Balram received his B.S., M.S. and Ph.D. in electrical engineering from Carnegie Mellon University, where he has also served on the Dean's Leadership Council, Silicon Valley Advisory Council, and Admissions Council.

Details about The International Business Awards and complete lists of Stevie Award winners can be found at

About Ricoh Innovations
Based in California's Silicon Valley, Ricoh Innovations, Inc. ("RII") develops innovative technologies and new business opportunities for Ricoh Company, Ltd., RII was founded in 1997 as a subsidiary of Ricoh, growing out of the California Research Center established in 1989.

RII is home to world-class technologists with a broad set of competencies in areas such as intelligent sensors, computational optics, mobile visual communication and cloud-based collaboration. Completing the team are experienced ethnographers with deep insights into user and customer experience, and creative designers with a fundamental understanding of user interfaces and industrial design. RII's focus is to realize The Infinite Network -- RII's vision of a seamlessly connected world of people, objects and information. To learn more about Ricoh Innovations, Inc., visit

About Ricoh
Ricoh is a global technology company specializing in office imaging equipment, production print solutions, document management systems and IT services. Headquartered in Tokyo, Ricoh Group operates in more than 200 countries and regions. In the financial year ending March 2012, Ricoh Group had worldwide sales of 1,903 billion yen (approx. 23 billion USD).

The majority of the company's revenue comes from products, solutions and services that improve the interaction between people and information. Ricoh also produces award-winning digital cameras and specialized industrial products. It is known for the quality of its technology, the exceptional standard of its customer service and sustainability initiatives.

Under its corporate tagline, imagine. change. Ricoh helps companies transform the way they work and harness the collective imagination of their employees. For further information, please visit

Contact Information:

Cate Thomassen

+1 (650) 496-5746

Deborah Lamascus Hamilton

+1 (415) 273-9168

Nikhil Balram