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FOR IMMEDIATE RELEASE
August 10, 2007
CONTACT:
Margo Williams Handy
MWH Public Relations
281-213-9554
832-492-2407
margo@mwhpublicrelations.com
CATHY HUGHES NAMED KEYNOTE SPEAKER AT 13TH ANNUAL AFRICAN AMERICAN BUSINESS ACHIEVEMENT PINNACLE AWARDS IN HOUSTON
Cathy Hughes, Radio One Founder and Chairman
Houston, TX (BlackNews.com) - Cathy Hughes, founder and chairperson of Radio One, the largest African-American owned and operated broadcast company in the nation, will be the keynote speaker at the 13th Annual African American Business Achievement Pinnacle Awards gala (Pinnacle Awards) on Friday, October 19.
This black-tie gala will be held at the Hilton Post Oak, 2001 Post Oak Blvd., beginning at 6 PM. The event will include a silent auction and a private VIP President's Reception. Hughes will address more than 600 expected attendees at the black-tie gala hosted by the Houston Citizens Chamber of Commerce (HCCC). The gala theme is "Igniting the Pathway to Entrepreneurial Greatness."
Hughes is a sterling example of igniting pathways to greatness. She owns 71 radio stations in 22 urban markets in the U.S.
Radio One is the first African-American company in radio history to dominate several major markets concurrently. She also is the first African-American woman to head a publicly traded company on a stock exchange in the United States. In January 2004, Radio One launched a national cable and satellite television network called TV One.
Additionally, Radio One's chief executive Alfred Liggins III bought a controlling stake in radio personality Tom Joyner's media company for $56 million, furthering his attempt to turn the radio company his mother began out of a trailer 24 years ago into a diversified media group aimed at the Black community. Today, Radio One is worth $2 billion and reaches 16 million Black listeners daily.
In the Houston market, Radio One owns KBXX-FM (97.9 "The Box"), KMJQ-FM (102.1 "Majic 102"), and KROI-FM (Praise 92.1).
"We are honored to welcome Ms. Hughes to Houston," said Pinnacle Awards Chairman Jeffrey L. Boney, small business banking vice president of Washington Mutual Bank. "She epitomizes everything the Pinnacle Awards represent. We eagerly anticipate receiving from Ms. Hughes the principles we all need in our lives to achieve unprecedented success and greatness in all that we do!"
The Pinnacle Awards spotlight African-American businesses that have achieved success by combining vision, determination, commitment, and perseverance along with a dedication to building strong communities.
On achieving success, Hughes commented, "In my opinion, success comes on the day that they're reading your eulogy. The determination of whether you had a successful life is how many people you helped. If, in fact, you are doing it the correct way that does not stop until the day they close that casket."
Four Pinnacle Award winners will be chosen from among Houston's top ten African-American entrepreneurs who are "doing things the correct way."
HCCC is introducing two new awards in addition to the Pinnacle. The first award is the Mack H. Hannah, Jr. Upstart Business Award, which is designed to recognize and provide resources to a burgeoning African-American business with a high potential for success. The award package includes a $2,500 cash equity injection, 14-week Texas Southern University School of Business course titled "Business Planning & Financial Management Workshop," corporate branding package designed by D-MARS, one year's advertising in Minority Executive Report, and more.
The second new award is the Advocate Award, which was created to honor an organization that has been a true champion for African-American small businesses in the Greater Houston Metropolitan area. These organizations are diligently working to ensure the stability and growth of small businesses through its diversity supplier programs, community outreach and education.
Nomination forms for all three awards may be printed from www.hcccpinnacleawards.org, completed, and returned via mail, fax or e-mail by August 13 for Pinnacle Award nominations and August 20 for Upstart and Advocate nominations. Forms also may be requested by calling 281-213-9554.
Pinnacle Awards Honorary Chair Tracye McDaniel, executive vice president and COO, Greater Houston Partnership also will be an honored guest speaker for the evening.
Gala sponsorships are available to support the diversity, business development and community outreach programs of HCCC. To request a sponsorship package, please call 281-213-9554 or e-mail info@mwhpublicrelations.com.
Sponsors to date include: Washington Mutual Bank, AT&T, CenterPoint Energy, Port of Houston Authority, ExxonMobil, Southwest Airlines, 3131 Properties, Houston Minority Business Council, Texas Southern University, Brown, Brown & Reynolds, P.C., KBXX-FM (97.9 "The Box"), KMJQ-FM (102.1 "Majic 102"), KROI-FM (Praise 92.1), D-MARS, I-10 Media, Minority Executive Report, Houston Business Journal, Rolling Out Magazine, Clear Channel Outdoor, Houston Style Magazine, Houston Defender, Gospel Truth, Houston Sun, HBBIN and FaVor Magazine. A KRIV Fox 26 anchor will emcee the event.
About Houston Citizens Chamber of Commerce
Since 1935, the Houston Citizens Chamber of Commerce has represented the interests of and promoted greater unity among the African-American business community. Today, HCCC is evolving its programs to assist African-American businesses to become more diverse and move into the global arena. For more information, log onto www.hccoc.org or call 713-522-9745.
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