The winners ultimately received the award for having clear evidence of product acceptance and the ability to define new marketplaces; vision and potential for future revenue growth and profitability; and dynamic leadership with a proven record of execution.
El Segundo CA (PRWEB) March 18, 2008
Entretech, the leading non-profit association supporting high tech companies in Greater Los Angeles with critical and practical business development resources and connections, announced today the winners of its 5th Annual Entrepreneurship Awards 2008. The awards celebrate companies that symbolize the entrepreneurial vigor and excellence in Greater Los Angeles. The prestigious PricewaterhouseCoopers Entretech Entrepreneurship Awards spotlight exceptional companies realizing their potential for market leadership and long-term profitability.
Wpromote was awarded the Entrepreneurial Spirit Award for 2008, marking just the second time that this particular honor was extended. The Entrepreneurial Spirit Award recognizes companies that have achieved extraordinary growth and embody the spirit of entrepreneurism, and have done so with limited resources; unlike many of its peers, Wpromote has grown without any outside investment to date. Wpromote joined The Rubicon Project, Zag and eHarmony, winners in the categories of startup (under $1 million of revenue), Emerging ($1 million to $8 million of revenue) and Growth (over $8 million in revenue), respectively.
"The high quality of applicants made the selection process extremely difficult," said Stephanie Yanchinski, Executive Director of Entretech. "The winners ultimately received the award for having clear evidence of product acceptance and the ability to define new marketplaces; vision and potential for future revenue growth and profitability; and dynamic leadership with a proven record of execution."
Says Michael Mothner, Wpromote CEO, "We are thrilled to receive this honor. It is truly a testament to our vision of helping businesses succeed in search engine marketing, and made entirely possible due to the amazing team we have at Wpromote. The other award winners and nominees are exceptional companies and we are honored to be placed in their company."
Entretech is the leading non-profit association supporting high tech companies in Greater Los Angeles with critical and practical business development resources and connections. Our mission is to support the growth of high tech and life sciences companies in the L.A. region and through this work accelerate the emergence of the high tech cluster in Southern California as a whole. Entretech empowers entrepreneurs to build new businesses through capital, education, people, and strategic partners. Through a dedicated relationship with the California Institute of Technology, UCLA and USC, Entretech provides opportunities to new technology companies forming tomorrow's high tech industry.
Founded in 2001, Wpromote provides search engine marketing services to thousands of clients worldwide. It was honored as the #62 fastest growing company in the United States on the 2007 Inc 500 list and is a Google Qualified Company as well as a Yahoo Ambassador. Wpromote provides complete integrated search marketing services for business of all sizes. Wpromote has a unique, holistic approach to achieving online marketing goals through the synergy of expert human experience and Wpromote's innovative, proprietary technology.
More information on Wpromote can be found at http://www.wpromote.com or by calling the company at 1-866-977-6668.