NEW YORK, Aug. 4 /PRNewswire/ -- EVO Merchant Services, a leader in the payment processing industry, announced that Ray Sidhom, CEO, received the Ernst & Young Entrepreneur Of The Year((R)) 2009 Award in Metro New York. According to Ernst & Young LLP, the award recognizes outstanding entrepreneurs who are building and leading dynamic, growing businesses. Ray was selected by an independent panel of judges, and the award was presented at a gala event at the Marriot Marquis, Times Square, NY on Thursday, June 25(th), 2009.
Ray Sidhom is an out of the box thinker who believes anything is possible when you control your own destiny. Ray started selling credit card machines to retailers. By 1994, he was convinced of his prospects. He formed EVO Merchant Services with the goal of building an in-house infrastructure to process credit cards throughout the entire transaction cycle. Fourteen years later, the tools he developed serve the $20 billion in transaction volume for the nearly 200,000 he processes for every day. Ray is a champion to the independent sales organizations he works with, which he calls partners. Currently, EVO is investing in the growth of its partners that have helped it achieve its own phenomenal expansion. For Ray, controlling his own destiny has been a winning strategy.
"This accomplishment is a direct result of our employees, partners, and sales agents who have been dedicated to EVO's success throughout the years," said Ray. "I am proud of the revolutionary operating engine that has been built within EVO, and this would not have been possible without the contributions of people who inspire our team with their vision and leadership."
The Ernst & Young Entrepreneur of the Year awards celebrate their 23(rd) anniversary this year. The program honors entrepreneurs who have demonstrated exceptionality in such areas as innovation, financial
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