LOS ANGELES, CA – November 13, 2006 – Hispanic Business magazine honored Tessada & Associates Inc., CEO Enrique Tessada at its 16th annual EOY awards gala on Thursday, November 9 at the Millennium Biltmore Hotel in Los Angeles, Calif.
The event recognized Hispanic entrepreneurs who have worked to advance the U.S. Hispanic market in five distinct industry categories, as well as one overall Hispanic entrepreneur. This year's Lifetime Achievement Award went to Mexican American Opportunity Foundation (MAOF) founder Dionicio Morales, one of the most enduring advocates for California Mexican Americans since the 1960s. Melinda Guzman, partner at Goldsberry, Freeman & Guzman, LLP and general counsel of the U.S. Hispanic Chamber of Commerce, served as the Mistress of Ceremonies.
Enrique Tessada was the big winner of the evening, taking home the Trade Industry category award as well as the overall Hispanic Business EOY award. A former Navy aviator, Vietnam veteran, and documentary exclusive producer, Tessada founded his infrastructure solutions company, Tessada & Associates Inc., in Springfield, VA in 1993 with a Compaq computer and $500. By 2006, Tessada & Associates Inc., ranked 99th on the Hispanic Business 500® with revenues of $70 million and received Minority Contractor of the Year awards from the Department of Agriculture's Food and Nutrition Service and NASA. A Mexico City native, Tessada immigrated to the U.S. in 1960 and holds a bachelor's degree from Texas A&M University and a graduate degree in international public policy from John Hopkins University.
The 16th annual Hispanic Business magazine EOY category winners included:
•Yvonne "Bonnie" Garcia of Market Vision for Latina Entrepreneur
•The Goodman Brothers of Goodman Networks for Infobusiness
•Jose Rey of Rey Group, Inc. for Heavy Industry
•Rainier "Ray" Gonzalez of Pacer Health Corp. for Rising Star
•Enrique Tessada of Tessada & Associates Inc. for Trade Industry
As a young man, Lifetime Achievement Award winner Dionicio Morales saw the need for job development and training among California Hispanics. He founded the MAOF in 1963 (called Equal Opportunity Foundation at the time). By 1965, the MAOF received its first federal grant to provide job training and new careers through education. Today, the MAOF is the largest Latino-based, community-orientated, non-profit organization in the United States. Spanning more than seven counties, the MAOF provides services to more than 100,000 Californians, 95 percent of whom earn a low- to moderate-level income.
The Hispanic Business magazine EOY Awards were sponsored by Cadillac, ExxonMobil, Sony Vaio, TGIC Wine Importers, Sprint, Choice Hotels International, American Airlines, FedEx, Microsoft, Telacu, Bank of America, Liberty Power, NL Financial Alliance, and Union Bank of California.
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Contact: Matt Erickson
(805) 964-4554 x308
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