12/2/2002 - From his boyhood days working in his father's television repair shop, Douglas J. Bartek developed an interest in electronics. Today, that longtime interest has developed into Microtune®, a company that designs, manufactures and markets tuners, amplifiers, transceivers and short-range wireless radio and baseband processors for the global broadband communications, automotive electronics, and wireless connectivity markets. Creating what experts refer to as the most revolutionary advance in tuner technology in the last 50 years, Bartek was named one of three finalists in the 2002 National Ernst & Young Entrepreneur Of The Year® Emerging category. R. Greg Blair, president of Escort, a manufacturer of radar detectors based in West Chester, Ohio was named the award winner in the category.
Bartek, along with other national Ernst & Young Entrepreneur Of The Year finalists and category winners, was selected by an independent panel of judges from among 434 award recipients, all of whom were acknowledged at an awards gala - the world's largest gathering of entrepreneurs - on Saturday, Nov. 23, in Palm Springs, Calif. National and regional award recipients were culled from a pool of more than 4,400 nominees from throughout the nation. Bartek was named an award recipient in the Southwest Area region (N. TX/AR/OK) at an awards dinner held at the Dallas International Apparel Mart in June of this year.
"Douglas Bartek is an inspiring example of the perseverance that defines true entrepreneurship," said Gregory K. Ericksen, Global Director of Entrepreneur Of The Year for Ernst & Young. "Ernst & Young is proud to honor an emerging entrepreneur who shows such great promise."
Re-Inventing the Tuner
As an adult, armed with bachelor and masters degrees in electrical engineering and a M.B.A., Bartek left a secure management position and took an 80% pay cut to follow his dream - developing an integrated radio frequency circuit that was small and powerful enough to handle the audio, video and data performance requirements of new classes of broadband applications. So promising was his vision that within six weeks Bartek received $8 million in venture funding in a handshake deal honored fully by investors.
In 1999, Microtune took an existing, dollar-sized mechanical tuner with hundreds of components, expanded its functions and performance, and reduced the chip to the size of a dime to launch its first product, the single-chip MicroTunerTM tuner. Microtune, now six-years old, has grown to 1,100 employees, and has been awarded 22 U.S. patents, with more than 50 applications pending.
National EOY Finalists
The other National finalists in the Emerging EOY category was Brian E. LeGette and Ron L. Wilson, co-CEOs of Big Bang Products, LLC, inventors of numerous consumer products, from hand tools to radio-controlled toys, Baltimore, Maryland. In addition, the Southwest Area office of Ernst & Young was honored to have a second National finalist, Harland Stonecipher, the Chairman & CEO of Pre-Paid Legal Services, in the Master Entrepreneur category.
About The Ernst & Young Entrepreneur Of The Year® Awards Program
The Entrepreneur Of The Year® awards program was created and is produced by professional services firm Ernst & Young to honor outstanding entrepreneurs whose ingenuity and perseverance have created and sustained successful growing business ventures.
In addition to R. Greg Blair, Jeno Paulucci of Luigino's, Inc. was named both the 2002 Overall and Master National Entrepreneur Of The Year winner, and national award finalists and winners were honored in seven other categories including: Manufacturing Entrepreneur Of The Year; Health Sciences Entrepreneur Of The Year; Real Estate/Construction Entrepreneur Of The Year; Technology Entrepreneur Of The Year; Service Entrepreneur Of The Year; Retail Entrepreneur Of The Year; and Supporter of Entrepreneurship.
Also, John Bachmann, managing partner of St. Louis-based Edward Jones, was honored with the Ernst & Young Entrepreneur Of The Year® Award for Principle-Centered Leadership® presented by Franklin Covey Co. The award recognizes entrepreneurs who have achieved outstanding business results in a deeply principled manner.
About Ernst & Young
Ernst & Young, a global leader in professional services, is committed to restoring the public's trust in professional services firms and in the quality of financial reporting. Its 110,000 people in more than 135 countries around the globe operate with the highest levels of integrity, quality and professionalism to provide clients with solutions based on financial, transactional and risk-management knowledge in its core services of audit, tax and corporate finance. The firm also provides legal services in those parts of the world where permitted. A collection of Ernst & Young's views on a variety of business issues can be found at www.ey.com/perspectives. Ernst & Young refers to all the members of the global Ernst & Young organization, including the U.S. firm of Ernst & Young LLP. James S. Turley, Chairman and Chief Executive Officer of Ernst & Young LLP, is also Chairman of Ernst & Young Global Limited.
Microtune, Inc. is a leading silicon and systems company that designs, manufactures and markets radio frequency (RF)-based solutions for the global broadband communications, automotive electronics and wireless connectivity markets. Inventors of the MicroTunerTM single-chip broadband tuner, the Company offers a portfolio of advanced tuner, amplifier, transceiver and wireless products that enable the delivery of information and entertainment across new classes of consumer electronics devices. The Company currently holds 22 U.S. patents for its technology, with more than 50 applications pending approval that span its RF and wireless products, containing more than 2000 supporting claims. Founded in 1996, Microtune is headquartered in Plano, Texas, with key design, manufacturing and sales centers located around the world. Microtune is traded on the NASDAQ Stock Exchange under the symbol TUNE.
Microtune is a registered trademark and MicroTuner, MicroStreamer and VideoCaster are trademarks of Microtune, Inc.
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