EO Announces 2008 GSEA Winner

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Entrepreneurs’ Organization Awards Husky Express First Prize and Innovation Award for Fully-Automated Laundry Service

November 10, 2008 – Chicago, IL Entrepreneurs’ Organization (EO) today announced its Global Student Entrepreneur Awards (GSEA) winner, Dominic Coryell from Northeastern University. Coryell’s company, Husky Express , is a high-tech laundry and dry cleaning service.

Coryell emerged from a group of 26 finalists to win this year’s Global Student Entrepreneur Awards competition – the “Heisman Trophy” for top undergraduate student business owners. The annual competition, presented by Mercedes-Benz Financial, this year attracted 1,000 collegians from more than 300 universities in 11 countries. The finalists businesses represented more than US$20 million in sales. 

“The number and caliber of award nominations that GSEA receives is more impressive each year. We congratulate this year’s winners for distinguishing themselves from a talented pool of innovative young business owners,” said Dave Galbenski, chairman of EO’s Global Board of Directors. “Entrepreneurs drive economic recovery during down-turns. We are proud to offer programs like GSEA that nurture the next generation

Coryell was also given the Innovation Award for Husky Express’ implementation of a fully-automated process that provides high-quality, next-day delivery and pick up of garments, creating efficiencies not commonly associated with the industry. Husky Express’ 2008 revenues are approaching $800,000. Second place in the overall competition as well as the Lessons from the Edge Award was given to Joseph Pascaretta from the University of Michigan for his company Alps Technology International. Seth Flowerman from Cornell University was awarded third place and the Social Impact Award for his company, Career Explorations, LLC.   

EO, now responsible for the awards program originally founded by Saint Louis University’s John Cook School of Business, annually searches for the world’s top student business owner. The 26 finalists – representing Puerto Rico, Canada, the United Kingdom, Sweden, Australia and the United States – presented their businesses to a panel of accomplished business leaders (including Robert Toru Kiyosaki, author of Rich Dad, Poor Dad and Peter Thomas, Chairman Emeritus of EO) assembled by EO in Chicago on November 5 - 6, 2008.

Coryell will receive over US$100,000 in cash and donated services by leading entrepreneurs including Web services, public relations, general business consulting and printing, a year’s mentoring by an EO member and a year’s tuition to the EO Accelerator Program

About Entrepreneurs’ Organization
The Entrepreneurs’ Organization (EO)—for entrepreneurs only—is a dynamic, global network of
more than 7,000 business owners in 38 countries. Founded in 1987 by a group of young entrepreneurs, EO is the catalyst that enables entrepreneurs to learn and grow from each other, leading to greater business success and an enriched personal life. Membership in one of EO’s 113 chapters is by invitation only; the average member is 39 years old with annual revenues of US$14.4 million. For more information on the Entrepreneurs’ Organization, please visit www.eonetwork.org.

About Mercedes-Benz Financial
Mercedes-Benz Financial, now in its 26th year of operations, provides financing for Mercedes-Benz dealers’ inventories and their retail customers. Currently, over 400,000 drivers in the United States enjoy the benefits of leasing or financing their Mercedes-Benz vehicles through Mercedes-Benz Financial, which is part of DCFS USA LLC group of companies operating in the United States, Canada, Mexico, and parts of South America. DCFSA USA LLC is part of the Daimler Financial Services Group, headquartered in Berlin, Germany, operating in nearly 40 countries. Daimler Financial Services Group is one of the leading financial services enterprises worldwide. For more information visit: www.mercedesbenzfinancial.com

Conditions of EO Membership Application and Renewal:
Every member who applies or renews their membership agrees to comply with the Policies and Procedures, Bylaws and Code of Conduct of Entrepreneurs' Organization. Current members must complete the online renewal form acknowledging review of the organization's Policies and Procedures, Bylaws and Code of Conduct.

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