|
home > company news > announcement
|
| Dennis E. Abboud of Infinity Resources, Inc. Again Named Finalist for Ernst & Young Entrepreneur of the Year(R) Award | | CHICAGO, June 2 /PRNewswire/ -- Dennis E. Abboud, President and C.E.O. of Infinity Resources, Inc., was named a Great Lakes area finalist by professional services firm Ernst & Young LLP for the 2006 Ernst & Young Entrepreneur of the Year. This is Mr. Abboud's third consecutive year as a nominee and finalist for the prestigious award, which celebrates its 20th anniversary this year. Infinity Resources, Inc. was selected from nominations by a panel of judges comprised of community and business leaders. Winners will be announced for specific award categories at a banquet to be held on June 22nd at Navy Pier in Chicago.
Mr. Abboud has been President and CEO of Infinity Resources since he founded the company in October 2000. During his tenure, Infinity Resources has grown to become an industry-leading direct marketer and managed services provider that is this year expected to post almost $200 million in sales.
Infinity Resources is comprised of eleven separate operating units, and the company currently enjoys leadership positions in each of the verticals in which it operates. Its businesses include online movie stores (DeepDiscountDVD.com, DVDPlanet.com, DeepDiscountDVD.ca), online music stores (DeepDiscountCD.com), movie catalogs (Critics' Choice Video & DVD, The Video Collection), music catalogs (Collectors' Choice Music, Heartland Music, Serenade Music), music wholesale distribution (Hep Cat Records and Distribution), brick and mortar retail (DVD Planet stores), and managed services to world-class direct marketers (i-Serve Direct Commerce Services).
DeepDiscountDVD.com, Infinity Resources' flagship consumer operating unit, has rapidly grown to become the largest movie store on the world-wide-web, garnering millions of hits and selling thousands of DVDs every day. Guaranteeing the lowest total prices and offering free shipping everyday has made DeepDiscountDVD.com a key destination for the online movie consumer. Embracing its no-frills, low-cost approach, consumers return to the site frequently, not only to buy newly-released DVDs at extremely low prices, but to find older movies, TV shows, concerts and documentaries at prices that are usually well-below those offered at competing sites.
DeepDiscountDVD.com benefits from aggressive online and offline marketing campaigns, including ads in The New York Times, The L.A. Times, People Magazine, USA Today, US Weekly and FHM. Radio campaigns (like those featuring voice spots recorded by Howard Stern and Leeza Gibbons) are broadcast regularly on over 400 terrestrial and satellite radio stations. All DeepDiscountDVD.com advertising is designed to reinforce its "guaranteed lowest total price" and "free shipping everyday" messages.
In addition to its strong presence online, Infinity Resources also mails over 20 million movie and music print catalogs each year, making it the largest direct-to-consumer movie and music mail-order cataloger in the U.S.A.
The Ernst & Young Entrepreneur of the Year Award program is nationally sponsored by the Ewing Marion Kauffman Foundation. Illinois sponsors are Clifton Gunderson LLP, Comcast Spotlight, Smart Business Chicago, the Chicagoland Entrepreneurial Center, and Microsoft. Recipients of the Entrepreneur of the Year award become lifetime members of the Entrepreneur of the Year Hall of Fame. Past national winners include Michael Dell of Dell Computer, Jeff Bezos of Amazon.com, Howard Schultz of Starbucks, Wayne Huizenga of Blockbuster and Herb Kellerer of Southwest Airlines.
| | |
Go to company news list
|
