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AERCO Named as Finalist in
2004 American Business AwardsSM
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The Stevies™ will be presented on May 10 in New York City
Northvale, NJ (May 4, 2004) - AERCO International, a leading supplier of commercial boiler and water heating products, and the inventor of semi-instantaneous water heating, has been named a finalist in the Best Executive (Company Chairman Basem Hishmeh) and Best Business Turnaround categories in the second annual American Business Awards. The Awards feature 40 categories in all, with finalists selected from more than 800 nominations.
Hailed as "the business world's own Oscars" by the New York Post (September 22, 2002), The American Business Awards are the first national, all-encompassing business awards program honoring great performances in the workplace.
Nicknamed the Stevies™ for the Greek word "crowned," winners will be announced during presentations on Monday, May 10 at the Sheraton New York Hotel & Towers in New York City. The ceremonies will be videocast live on the Internet and will be broadcast nationwide on radio by the Business TalkRadio Network.
"Basem Hishmeh's vision of technological innovation as the engine for profitable growth has guided AERCO to the top of the industry," said Fred W. Depuy, president of AERCO International. "Basem's leadership is something that the entire company can get behind in order to move us to the next level."
Mr. Depuy continued, "I'd also like to congratulate our entire team here at AERCO. Their hard work and commitment to embracing a culture of continuous improvement has been the foundation to making our company strong."
Members of the Awards' Board of Distinguished Judges & Advisors and their staffs will select Stevie winners from among the finalists. The Board includes business luminaries such as Rich Karlgaard, publisher of Forbes, Bruce Nelson, chairman & CEO of Office Depot, marketing gurus Don Peppers and Martha Rogers, Anthony Robbins, Chairman & CEO of The Anthony Robbins Companies, Drew Schutte, publisher of Wired Magazine, Jeffrey Tarr, chairman & CEO of Hoover's Inc., and Donald Trump, chairman, president and CEO of The Trump Organization.
As part of The American Business Awards series of conferences and seminars, AERCO President Fred Depuy will participate in panel discussion on leadership. This panel, which is scheduled to meet on Monday, May 10 at 3 p.m., will discuss how the best leaders in business are able to express a clear vision, and how they get their organization to follow. The panel will take place in Royal Ballroom B, at the Sheraton New York Hotel & Towers.
Details about The American Business Awards and the list of finalists are available at www.stevieawards.com/aba.
About AERCO
AERCO offers commercial boilers and water heaters that simplify infrastructure, reduce project costs and minimize lifecycle expenses for value-driven schools, hospitals and others seeking long-lasting, reliable, high-efficiency equipment. Founded in 1949, AERCO originated tankless water heating, introduced the first modulating and condensing gas-fired unit for the commercial market and helped pioneer the high-efficiency boiler category. For more information, contact AERCO at 800.526.0288 or visit www.aerco.com.
About The Stevie Awards
Hailed as "the business world's own Oscars" by the New York Post (September 22, 2002), Stevie Awards are conferred in two programs: The American Business Awards and The International Business Awards. Honoring companies of all types and sizes and the people behind them, the Stevies recognize outstanding leadership, innovation, perseverance, creativity, teamwork, and integrity through more than 40 categories. The second annual American Business Awards - nicknamed The Stevies™ from the Greek word for "crowned" - will be presented in New York City on May 10, 2004. The program is overseen by a Board of Distinguished Judges & Advisors, which includes leading business executives, authors, and academics. Sponsors of The 2004 American Business Awards include the BusinessTalkRadio Network, Digipict, Hoover's Online, Inc. Magazine, Miller Heiman, the Professional Society for Sales & Marketing Training, Selling Power Magazine, Speedera Networks, Ultimate Software, Webcast in a Box, and Wired Magazine.
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