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RICHARDSON, TX – Michael C. Shores, president and chief executive of TXP-Texas Prototypes Inc, was named a finalist for Ernst & Young's Entrepreneur of the Year 2005.

The E&Y program recognizes significant business achievements around the world made possible by the entrepreneurial spirit.

incorporated in 2002 after spinning off from a major EMS company.

Shores, who writes a column on optoelectronics assembly for Circuits Assembly, is a finalist in the Realizing Business Potential category for the Southwest.

Shores was selected by an independent panel of judges comprised of local business, academic and community leaders.

TXP provides prototyping electronics manufacturing services. It was

“The acceptance of our business model has been overwhelming,” said Shores in a statement. “I am proud to be at the head of one of the pre-manufacturing services industry’s fastest growing companies, and very excited about what the future potentially holds."

OYSTER BAY, NY -- The global market for mobile location technologies is projected to rise from $23 billion in 2005 to surpass $39 billion by 2010, an average annual growth rate of 11.3%, according to a soon-to-be-released report from Business Communications Co.

Vehicle navigation systems and telematics, the largest application segments in 2004 with more than 44% of the market, should be superseded before 2010 by people and animal tracking, BCC said.

WASHINGTON -- U.S. households own an average of 25 consumer electronics products, according to the latest study by the Consumer Electronics Association. The typical U.S. household spends more than $1,250 annually on consumer electronics.

Overall, consumer electronics are expected to grow 11% this year, matching 2004's growth, CEA said.

WASHINGTON -- The Electronics Industries Alliance has launched a task group to oppose legislation that would prohibit federal agencies from purchasing items that are not at least 50% produced in the U.S.

The Working Group on Competitive Procurement has been set up to counter effots by Rep. Don Manzullo (R-IL) to slap so-called "Buy America" amendments in this year's spending authorization bills.

Clinton, NY -- Indium Corp. has promoted Karl Pfluke to the position of regional sales manager for the Southeastern U.S. Pfluke will be responsible for the sales growth of PCB assembly, semiconductor packaging and power semiconductor packaging materials.

Pfluke has a degree in Manufacturing Engineering Technology and is certified as both a Powder Metallurgy Technologist with the MPIF and a Process Engineer with the SMTA. He is an active member of the IPC Solder Alloy Standards Development Group and has presented numerous technical papers. He joined Indium in 2001 as a technical support engineer and was named market development specialist in last year.

LAGUNA, PHILIPPINES -- A pair of Asia-based EMS firms with numerous facilities in the Philippines and China plan to merge in a deal worth SGD201 million (US$120.5 million).

Under the proposed terms, Integrated Microelectronics Inc. will acquire all 376.2 million outstanding shares of Speedy-Tech Electronics Ltd.

The deal is expected to close in the December quarter.