Press Releases
May 19, 1998 |
Contact: Carolyn
Foy |
CED Deal of the Year: Remote Source Lighting International, Inc.
Research Triangle Park-- Remote Source Lighting International, Inc. is the winner of the Council for Entrepreneurial Development's 1998 Deal of the Year Entrepreneurial Excellence Award.
Fast growing companies need to be able to leverage their technical innovations with cash and mutually beneficial corporate partnerships. This award recognizes that it takes leadership, persistence and know-how to make deals happen and that not all deals are created equal.
RSLI is a designer, manufacturer and marketer of advanced lighting and optical technologies, with a specialty in fiber optic lighting systems and a core competency in the development and production of illuminators. The company is the current leader in remote source lighting technologies. Dr Isaac Horton, CEO/Chairman, founded RSLI in November, 1994. The Senior Executive Staff includes Dr. George S. Chu, director and executive vice president, Charles Walker, CFO director, and Nelson Chu, president, RSLI Asia Division.
"We decided to invest in Remote Source Lighting International for several reasons, but one of the most important was Isaac Horton. Isaac is the type of entrepreneur investors love. Among his talents are his tremendous strategic mind and the fire in his belly. He's a successful long term thinker, a charismatic leader of people, and is tremendously energetic. Along with all of that, he has a really compelling technology. I believe strongly in both Isaac and Remote Source Lighting International." --Ford Worthy, A.M. Pappas & Associates
About CED
The Council for Entrepreneurial Development, located at the CED Entrepreneurship Center in Research Triangle Park, NC, was formed in 1984 to stimulate the creation and growth of high-impact companies in the greater Research Triangle region. CED provides education, mentoring and capital formation resources to new and existing high-growth entrepreneurs. CED sponsors annual conferences, seminars, workshops and monthly programs on entrepreneurial management and finance. CED also offers the FastTrac entrepreneurial training program, youth programs and other outreach programs.
CED is a private, non-profit organization and is the largest entrepreneurial support organization in the nation with more than 3,000 members representing 1000 entrepreneurial companies, financiers and professional firms.