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Chantilly CEO Named ''Entrepreneur Of The Year'' By Virginia Minority Business Group

Submitted by: Communication Technologies, Inc.

Categories: Human Resources & Diversity

Posted: Jan 12, 2006 – 11:00 PM EST

 

Joseph E. Fergus Is Founder of Inc. 500/Black Enterprise 100 Tech Firm

Jan. 12 /CSRwire/ - CHANTILLY, VA. - Communication Technologies, Inc. (COMTek), a leading-edge telecommunications, managed services and training company, announced today that President and CEO Joseph E. Fergus has been awarded the "Entrepreneur of the Year" award of the Virginia Minority Supplier Development Council (VMSDC).

Of the award, Fergus said: "I am honored to receive this recognition from the Virginia Minority Supplier Development Council. COMTek is proud to employ more than 200 people here in Virginia and about 900 throughout our global operation. We do the work of COMTek with a diverse team of the best possible individuals who bring to their important jobs the cutting-edge smarts and hard work needed to maintain and build on our industry leadership position."

The award is presented to a leader in a minority-owned business who has demonstrated a commitment to supplier development and has fostered relationships with the corporate community, has used his/her success to develop other MBEs and their businesses, and has volunteered time to the VMSDC to further the mission of the Council. The award was presented during the VMSDC Annual Meeting at the MIC Gold Star Awards Celebration on December 13, 2005.

VMSDC President Tracey G. Jeter said: "On behalf of the Virginia Minority Supplier Development Council and its Board of Directors, I am elated to present one of our most esteemed awards to Dr. Joe Fergus of Communication Technologies, Inc. It is a pleasure to award such a deserving entrepreneur and a company that continues to excel year after year. COMTek is one of several minority business enterprises in the Northern Virginia region that has exhibited consistent growth and stability in the marketplace. We are honored by their success and expect that they will continue to raise the bar by their innovative spirit and their entrance into new markets globally."

The Virginia Minority Supplier Development Council is a membership organization of major corporations, financial institutions, government agencies, universities and Virginia-based companies. The mission of VMSDC is to promote and facilitate the development of business relationships between its members and certified minority-owned enterprises. The goals are to expand business opportunities for minority-owned companies and to help build a stronger, more equitable society by supporting and promoting minority business development. The Council has 200 corporate members and approximately 375 certified minority businesses. The Virginia Minority Supplier Development Council is one of 39 affiliates of the National Minority Supplier Development Council.

ABOUT COMTEK
As part of its worldwide broadband service, the privately held COMTek (http://www.comtechnologies.com) owns and operates the first city-wide commercial broadband over powerline network in the United States. On December 1, 2004, COMTek was named by Inc. magazine as one of the 500 fastest-growing privately held companies in the United States. The COMTek success story made the company a natural for inclusion on the "Inc. 500" hottest company list. COMTek's total growth, as measured by average annual sales revenues, was up 303 percent from 1999 to 2003 and its employee ranks more than doubled during calendar year 2002. With over 900 employees today, COMTek continues to build on 15 years of experience in providing superior service to its customers.

For more information, please contact:

Ailis Aaron for COMTek
Phone: (704) 276-3265

 

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