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Monday, June 03, 2002
Blackstone (, one of the nation’s leading electronic providers of prepaid telecommunications products, announced today that its founder and chief executive officer, Luis Arias, has been named a finalist in the “Entrepreneur of the Year Award®” by Ernst & Young. Previous winners include Philip Frost MD of IVAX Corporation, Chris T. Sullivan of Outback Steakhouse and Michael Dell of Dell Computers. Each year, Ernst & Young, through its Entrepreneur Of The Year® awards, seeks to recognize great business achievements around the world. Such accomplishments are made possible by the entrepreneurial spirit — the incredible depth and character that entrepreneurs possess as they develop new technologies, create faster ways to distribute goods and services, and improve the quality of life for people around them. Mr. Arias was selected by an independent panel of distinguished judges as a finalist in the 2002 Florida Ernst & Young Entrepreneur of the Year Award. He will be honored at an upcoming gala along with the other finalists, which include Rowland Schaefer of Claire’s Stores, Jorge M. Perez of The Related Group of Florida and David R. Humble of “I am tremendously honored to be in such prestigious company”, said Arias upon learning of his selection. “I view this as validation of not only my efforts, but the efforts of the over 200 employees of Blackstone.” Blackstone has rapidly become one of the country’s largest providers of prepaid telecommunications products and services with over 300,000 retail locations nationwide. Established and headquartered in Miami, Florida since 1995, Blackstone is privately owned, and managed by a team of executives experienced in payment processing, networking, information services, retailing and telecommunications. Today, Blackstone is successfully merging two industries, prepaid telecommunications and electronic transactions, into one POS terminal to the benefit of end-users around the world. For more information on Blackstone’s products and services visit or call 1-800-639-9590. Blackstone POS are trademarks of Blackstone Communications Co.; US and foreign patents pending.