the simple truth that a powerful new product or service will find a rewarding market

The most important message of the Chicago Innovation Awards is one of confidence and courage,” said Thomas D. Kuczmarski, co-founder with Chicago journalist Dan Miller of the awards.  “The economy is challenging but each nominee believes the simple truth that a powerful new product or service will find a rewarding market and has the courage to pursue their vision.”

As one of the Top 75 finalists, PolyBrite International will receive a scholarship to attend a day-long executive education program on September 18th titled “The Practical Innovator,” taught at Northwestern University’s Kellogg School of Management.  It is a full-day executive education course teaching the practical skills of innovation.

Furthermore, Liu pointed out that lighting will account for at least 10% of the company’s revenue in the second half of this year, compared with 8% in the first half. He estimated the company’s gross margin for the rest of this year will increase along with shipments increasing.

In developing the LED lighting market, the company has adopted a two-pronged strategy, equally stressing brand name operation and contract manufacturing operation.

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