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GREG MERRIL NAMED ERNST & YOUNG ENTREPRENEUR OF THE YEAR® 2007 AWARD WINNER IN MARYLAND - 6/28/2007
Beltsville, MD June 28th – InterAction Labs, today announced that CEO Greg Merril received the Ernst & Young Entrepreneur Of The Year® 2007 Award in the Emerging category in Maryland. According to Ernst & Young, the award recognizes outstanding entrepreneurs who are building and leading dynamic, growing businesses. Mr. Merril was selected by an independent panel of judges and the award was presented at an Ernst & Young Entrepreneur Of The Year gala event at the Hyatt Regency Baltimore on June 28th.
“The vision behind Interaction Labs is to develop computer interface technologies that provide immersive physical interactions that people usually only experience in the real world. The focus is on adding resistance and mass to virtual objects in video games, military simulations and other digital content,” says Greg Merril, CEO of InterAction Laboratories. “I accept The Ernst & Young Entrepreneur Of The Year award on behalf of all of our employees, our investors, and my wife and kids – all of us have made significant personal sacrifices to bring these technologies and this company to this point.”
The Ernst & Young Entrepreneur Of The Year awards program celebrates its 21st anniversary this year and continues to honor entrepreneurs who have demonstrated excellence in such areas as innovation, financial performance, and personal commitment to their businesses and communities.
“Ernst & Young is honored to recognize extraordinary business leaders, such as Greg Merril, and the companies they have built,” said David Jones, Ernst & Young Entrepreneur Of The Year program director for Maryland.
As a Maryland award winner, Greg Merril is now eligible for consideration for the Ernst & Young Entrepreneur Of The Year 2007 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 17, 2007. The national Entrepreneur Of The Year celebration is part of Ernst & Young’s Strategic Growth Forum. The overall national Entrepreneur Of The Year award recipient is then considered for the world event held in Monte Carlo.
Sponsors
Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are pleased to have Bank of America as the national presenting sponsor, as well as SAP America and the Ewing Marion Kauffman Foundation as national sponsors.
In Maryland local sponsors include Clifton Gunderson LLP, DLA Piper US LLP, The Mergis Group, Baltimore SmartCEO, and the Baltimore Business Journal.
About InterAction Laboratories
The Company develops computer interface technologies for immersive physical interactions that people usually only experience in the real world. The focus is on adding resistance and mass to virtual objects in video games, military simulations and other digital content. Greg Merril, a leader in human-computer interface technology, and an experienced entrepreneur, founded InterAction Labs in 2002. The Company has a growing portfolio of intellectual property related to physical InterAction with computers such as the patented ISOCOR technology that has applications in diverse markets from toys to military training.
The Company’s products based on this technology have been named the 2005 and 2006 CES Electronic Gaming Innovation of the Year and also received an award from Readers Digest as the Top 100 of 2006. InterAction Labs’ strategy is to build market presence through licensing, distribution partners, or where risk/reward merits enter markets directly. The Company is headquartered in Beltsville, Maryland, USA, on the web at www.ia-labs.com.
About the Ernst & Young Entrepreneur Of The Year Awards
The Entrepreneur Of The Year? awards program was created and is produced by professional services firm Ernst & Young LLP. As the first award of its kind, the Ernst & Young Entrepreneur Of The Year? Award recognizes outstanding entrepreneurs who are building and leading dynamic and growing businesses. The program, which celebrated its 20th anniversary in 2006, honors entrepreneurs through regional, national and global award programs in over 125 cities and 40 countries.
About Ernst & Young
Ernst & Young, a global leader in professional services, is committed to enhancing the public’s trust in professional services firms and in the quality of financial reporting. Its 114,000 people in 140 countries pursue the highest levels of integrity, quality, and professionalism in providing a range of sophisticated services centered on our core competencies of auditing, accounting, tax, and transactions. Further information about Ernst & Young and its approach to a variety of business issues can be found at www.ey.com/perspectives. Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, a U.K. company limited by guarantee, each of which is a separate legal entity. Ernst & Young Global Limited does not provide services to clients. Ernst & Young LLP is a U.S. client-serving member firm of Ernst & Young Global Limited.
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