Business Services Industry

Sensor Technologies Incorporated CEO Michael Gualario Named New Jersey Ernst & Young Entrepreneur Of The Year® 2008 Award Winner

Business Wire, June 25, 2008

RED BANK, N.J. -- Sensor Technologies Incorporated (STI), a leading government services company, today announced that its CEO and founder Michael Gualario was named a winner for The New Jersey Ernst & Young Entrepreneur Of The Year([R]) 2008 Awards. According to Ernst & Young LLP, the awards program recognizes entrepreneurs who demonstrate extraordinary success in the areas of innovation, financial performance and personal commitment to their businesses and communities. Michael Gualario was first selected as a finalist from over 50 nominations by a panel of independent judges. Award winners were announced at a special gala event on Thursday, June 19th, 2008 at the Marriott Teaneck at Glenpointe, Teaneck, New Jersey.

Gualario founded the company in 1991 which quickly grew to become a recognized prime contractor providing outstanding services in the Communications, Command, Control, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) community. Since the beginning of 2007 STI has been awarded new orders totaling more than $800M.

"I am honored to receive this award on behalf of all the employees of STI. Our management team has executed flawlessly and all of our employees have demonstrated the talent needed for STI to continue its growth and success as a defense contractor" stated Gualario. He also credited the company's success to its quality management system which operates under the Carnegie Mellon Software Engineering Institute Capability Maturity Model Integration (CMMI[R]) level 3 rating and ISO 9001:2000 certification.

The Ernst & Young Entrepreneur Of The Year awards program celebrates its 22nd anniversary this year. The program has expanded to recognize business leaders in over 135 cities in 50 countries throughout the world.

As a regional award winner, Michael Gualario is eligible for consideration for The Ernst & Young Entrepreneur Of The Year 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 15, 2008. The awards are the concluding portion of Ernst & Young's Strategic Growth Forum, the nation's most prestigious gathering of high-growth, market-leading companies.

About Sensor Technologies Incorporated

Ranked 81st in Washington Technology magazine's list of top 100 DoD Contractors, Sensor Technologies Incorporated (STI) is leading provider of Mission Critical solutions and C4ISR services to the U.S. Government with a demonstrated niche in military platforms, IEW systems, and situational awareness applications. Headquartered in Red Bank, New Jersey with operations in Europe and Southwest Asia, STI has been recognized as a go-to organization for its ability to effectively team with customers and provide timely solutions to their greatest challenges. Since 2002, STI has been ranked nationally as one of Americas fastest growing privately held business's and has been recognized by INC 500, NJ Fast 50, and Deloitte Technology 500.

About Ernst & Young's Entrepreneur Of The Year

Ernst & Young's Entrepreneur Of The Year is the world's most prestigious business award for entrepreneurs. The award makes a difference through the unique way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Ernst & Young Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 135 cities in 50 countries.

About Ernst & Young

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 130,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve potential.

For more information, please visit www.ey.com.

Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.

COPYRIGHT 2008 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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