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FOLSOM, Calif.-- Jadoo Power Systems Inc. (Jadoo) www.jadoopower.com, the leading supplier of portable fuel cell power systems, announced today that Jadoo Power Co-Founders Larry Bawden and Muralidharan "Lee" Arikara have won the "Ernst & Young Entrepreneur of the Year 2006 Award" for Emerging Markets - Northern California.
The "Ernst & Young Entrepreneur of the Year 2006 Award" recognizes outstanding entrepreneurs who are building and leading dynamic and growing businesses. Mr. Bawden and Mr. Arikara were selected by an independent panel of judges and the award was presented at the 20th Anniversary Gala event at the Fairmont Hotel in San Francisco, California.
"Winning this award is acknowledgement of all the hard work and dedication our team has put into building Jadoo into the #1 supplier of fuel cell systems in the world," said Larry Bawden, President and CEO. "To be recognized among all of the other outstanding entrepreneurs' nominated for this award is truly an honor," added Lee Arikara, VP Business Development.
"Ernst & Young is proud of its history in recognizing these outstanding leaders and their companies," said Rick Fezell, Ernst & Young Entrepreneur of the Year program director for Northern California. As a Northern California award winner, Mr. Bawden and Mr. Arikara are now eligible for consideration for the Ernst & Young Entrepreneur of the Year 2006 National Program. National award winners will be announced at the Annual Awards Gala in Palm Springs, California on November 18, 2006. The overall national "Entrepreneur of the Year Award" recipients are then considered for the world event held in Monte Carlo.
About Jadoo Power Systems
Jadoo Power Systems, Inc. is a market-focused company that develops and sells next-generation, portable energy storage and power generation products. Jadoo is financed by Mohr Davidow Ventures, Venrock Associates and Sinclair Ventures, a wholly owned subsidiary of Sinclair Broadcast Group, Inc.
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