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DAILY NEWS AND INFORMATION FOR THE GLOBAL GRID COMMUNITY /
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Breaking News - General:
Altair Engineering CEO Named 2004 Entrepreneur Of The Year
James R. Scapa, president and CEO of Troy, Mich.-based Altair Engineering Inc,
was named Eastern Michigan's 2004 Ernst & Young Entrepreneur of the Year in
Technology.
The Ernst & Young Entrepreneur of the Year program has honored successful
entrepreneurs since the award's inception in 1989. Nominees must be owners or
top managers of private or public companies and primarily responsible for
company performance. Criteria for selection include operating and job growth,
financial earnings and revenue, and a corporate commitment to social and
community involvement. Winners are chosen by an independent panel of
distinguished business, academic and media persons.
"I am sincerely honored to have received this award," said Scapa. "I clearly
owe this recognition to the talent and entrepreneurialism of the people in
Altair. We've come a long way and I believe there is still far to go."
Along with two partners, Scapa founded Altair Engineering in 1985 as a product
design consulting firm, with an investment of $1,500. Since then, the company
has expanded its offerings to include advanced engineering software and Grid
computing technologies, in addition to high end product design and development
consulting services. Altair comprises five lines of business, operating in 11
different countries with over 700 consultants and serving more than 1,800
clients worldwide. The company posted sales of $80 million in 2003. For the
past two years, Altair has been named by the Michigan Business and
Professional Association as one of Detroit's 101 Best & Brightest Companies To
Work For.
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