CEA Announces ecoATM, GrandCare Systems and Sandy Gross Innovation Entrepreneur Awards Winners

Small businesses honored by the consumer electronics industry at CEA's Industry Forum

Arlington, Va., October 16, 2012 -The Consumer Electronics Association (CEA)® today announced the winners of the first annual Innovation Entrepreneur Awards, sponsored by its new flagship publication, It Is Innovation (i3) and CEA's Small Business Council. The Innovation Entrepreneur Awards honor excellence in business and recognize visionaries leading companies with revenues under $30 million.


"We had a standout group of finalists for the inaugural year of the Innovation Entrepreneur Awards," said Gary Shapiro, CEA's president and CEO. "Congratulations to ecoATM and GrandCare, winners of the 2012 Small Business Awards; and Sandy Gross, winner of the 2012 Small Business Executive Award. Each of the winners epitomizes the entrepreneurial drive and spirit of innovation that powers our industry and the American economy."

To select the inaugural class for the Innovation Entrepreneur Awards, a panel of media and industry professionals met at CE Week to judge the nominations. From the group of seven finalists selected by the judges, one executive and two small businesses were announced today at CEA's Industry Forum as the winners. The 2012 winners are:

* Small Business of the Year: ecoATM - Originally called reMobile, ecoATM was founded in 2008 by Tom Tullie as an automated eCycling Station for eWaste recycling. Its automated kiosk buys back used cell phones, MP3 players, iPods, iPads and game media and provides cash or an in-store credit. The company incentivizes consumers to participate in reselling and recycling to cut down on CE eWaste.

* Small Business of the Year: GrandCare Systems - This innovative company integrates daily activities, telehealth monitoring, social networking, medication management and cognitive assists into a user-friendly touch-based system for seniors. Charlie Hillman, founder and CEO, originally created the system to help his great-aunt live independently. The system connects to the Internet allowing caregivers to communicate with their loved ones.

* Small Business Executive of the Year: Sandy Gross - Gross is co-founder of Polk Audio, Definitive Technology and his latest business, GoldenEar Technology. At Polk he was in charge of marketing and product concepts. In 1988, Gross left for a stint in Hollywood, then founded Definitive Technology in 1990. The company designed high-end models of center channels and surround sound speakers. He retired as president in 2009, and started his third loudspeaker company, GoldenEar Technology, in 2010. Gross is often called upon by other entrepreneurs, in the early stages of developing their companies, for advice.

To select the inaugural class, a panel of media and industry professionals met in New York during CE Week. We thank the following judges for volunteering their time:

Jim Barry - CEA
Colleen DeBaise - Entrepreneur
Zach Honig - Engadget
Pam Golden Loder - GLA Communications
Paul Sabbah - Stamford International
Eric Schwartz - Consumer Technology Publishing Group
Steve Smith - TWICE
Steve Tiffen - The Tiffen Co.
Gary Yacoubian - Specialty Technologies SVSound

To learn more about the Innovation Entrepreneur Awards, visit CE.org. Brief videos introducing each of the finalists, the winners and information about the nomination process for the 2013 program are available on the website.

About CEA:
The Consumer Electronics Association (CEA) is the preeminent trade association promoting growth in the $206 billion U.S. consumer electronics industry. More than 2,000 companies enjoy the benefits of CEA membership, including legislative advocacy, market research, technical training and education, industry promotion, standards development and the fostering of business and strategic relationships. CEA also owns and produces the International CES - The Global Stage for Innovation. All profits from CES are reinvested into CEA's industry services. Find CEA online at www.CE.org, www.DeclareInnovation.com and through social media: CEA FacebookCEA TwitterDigital Dialogue.

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