OEN NewsOregon Entrepreneurs Network Names Irving Levin Winner of the 2012 OEN Lifetime Achievement Award and Announces Finalists for the 19th Annual OEN Tom Holce Entrepreneurship Awards

FOR IMMEDIATE RELEASE

Winners of the OEN Tom Holce Entrepreneurship Awards will be announced on September 20, 2012 at Portland’s Downtown Hilton

Portland, Ore., July 16, 2012— The Oregon Entrepreneurs Network (OEN) is pleased to recognize Irving Levin, a serial entrepreneur and Executive Chairman of Genesis Financial Solutions, with the esteemed 2012 OEN Lifetime Achievement Award.

The Lifetime Achievement Award is given at the discretion of the OEN Board of Directors to an Oregon or SW Washington-based individual who has had a long career of entrepreneurial achievements that place him or her in the top echelon of their peers.

“OEN is delighted to recognize Irving Levin, a long-time and passionate supporter of the entrepreneurial community, with this well-deserved honor,” said Linda Weston, President and Executive Director of OEN. “Irving embodies the entrepreneurial spirit through his many successful business endeavors. He continues to be a role model in the community by supporting early stage entrepreneurs through investments and mentoring while also generously giving back to many great causes in Oregon and around the world.”

OEN also today announced the 13 finalists—from the 40 nominees—for the 2012 OEN Tom Holce Entrepreneurship Awards. All winners will be announced and honored on September 20, 2012, during the 19th annual awards ceremony at the Portland downtown Hilton.

OEN Development Stage Company of the Year Finalists
• 4-Tell, Inc.
• Tellagence
• VendScreen

OEN Working Capital Stage Company of the Year Finalists
• Act-On Software
• Foundation Fitness
• Jama Software

OEN Growth Stage Company of the Year Finalists
• Cerus Industrial
• Coaxis
• Elemental Technologies
• Timbercon, Inc.

OEN Entrepreneurship Award for Individual Achievement Finalists
• Ray Davis, Umpqua Bank
• Scott Kveton, Urban Airship
• Chris Ulum, Agilyx

“OEN’s Tom Holce Entrepreneur Awards celebrates the many innovative and exciting emerging companies in Oregon and SW Washington,” said Mike Wright, chair of this year’s OEN Tom Holce Entrepreneurship Awards. “The caliber of the companies and entrepreneurs that were nominated this year was impressive, and we want to congratulate Irving Levin and all of the finalists on their achievements.”

Earlybird pricing for the award ceremony will be available online at www.oen.org until August 15. More than 700 of Oregon and SW Washington’s most influential business people, including representatives from the nominated companies are expected to attend.

About the 2012 OEN Lifetime Achievement Award Winner
Irving Levin is a serial entrepreneur and Executive Chairman of Genesis Financial Solutions, a consumer lending business located in Portland Oregon. He divides his time between Genesis, investing in and mentoring small independent companies, and a variety of non-profit activities. For more about Levin, please visit: Genesis Financial Solutions

About the Finalists (From Each Respective Category)

Development Category
4-Tell www.4-tell.com– Portland, OR, and Stevenson, WA
4-Tell increases conversion for online retailers with personalized recommendations that drive an average 15% increase in sales for 4-Tell’s customers.

Tellagence www.tellagence.com– Portland, OR
Tellagence develops and markets predictive social analytics software that changes the way businesses approach social networks.

VendScreen www.vendscreen.com – Portland, OR
VendScreen equips new and existing vending machines with a touch-screen device that wirelessly connects each machine to the Internet, enabling cashless payments and delivery of targeted product, advertising and promotional information.

Working Capital Category
Act-On Softwarewww.act-on.com– Beaverton, OR
Act-On Software offers the next-generation suite of online marketing applications for today’s marketers.

Foundation Fitnesswww.foundationfitness.net – Portland, OR
Foundation Fitness creates, designs, manufactures, and distributes indoor cycling bikes, ground-breaking measurement technologies and smart phone applications for fitness clubs and other commercial organizations globally.

Jama Softwarewww.jamasoftware.com– Portland, OR
Jama Software builds enterprise software that leverages social, mobile and design to fundamentally change how work gets done.

Growth Category
Cerus Industrialwww.cerusind.com– Hillsboro, OR
Cerus industrial is a leading designer, manufacturer, and marketer of application-specific, intelligent motor controls. Motors account for two thirds of industrial power consumption and approximately 45% of global power consumption.

Coaxis www.coaxis.net– Portland, OR
Coaxis is a vertical-market, software-development and management company that partners with its customers to enhance their success by delivering innovative solutions and services that meet today’s most demanding business challenges.

Elemental Technologieswww.elementaltechnologies.com– Portland, OR
Elemental is the leading provider of video processing solutions that enable multi-screen content delivery. The company pioneered the use of graphics processors for video processing and is changing the way video is delivered globally.

Timbercon, Inc.www.timbercon.com– Lake Oswego, OR
Timbercon strives to be the leading optical connectivity manufacturer for a wide variety of applications and industries.

Individual Achievement Category Finalists

Ray Davis, Umpqua Bankwww.umpquabank.com– Portland, OR
Ray Davis is President and CEO of Umpqua Bank, an Oregon-based community bank recognized for its entrepreneurial approach, innovative use of technology, and distinctive banking solutions.

Scott Kveton, Urban Airshiphttp://urbanairship.com – Portland, OR
Scott Kveton is Co-founder and CEO of Urban Airship, the most globally deployed mobile service for push notifications, in-app purchases and subscriptions.

Chris Ulum, Agilyxwww.agilyx.com– Portland, OR
Chris Ulum is CEO of Agilyx, the first company in the world to economically convert difficult-to-recycle waste plastics into crude oil.

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About Oregon Entrepreneurs Network
Founded in 1991, the Oregon Entrepreneurs Network is a not-for-profit corporation dedicated to providing opportunities for Oregon entrepreneurs and improving the business climate for emerging, growth-oriented companies statewide. The organization has members throughout Oregon and southwest Washington. For more information about the OEN, visit oen.org.

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