East Coast Petroleum
Telephone: 800.649.0550
Email: sales@eastcoastpetroleum.com
Finalist in 2004 Stevie Awards for Women Entrepreneurs


October 27, 2004

Loretta Degrazia and East Coast Petroleum, Named as National Finalist in 2004 Stevie Awards for Women Entrepreneurs

On October 22, 2004, East Coast Petroleum and its president, Loretta DeGrazia, were named finalists for Best Entrepreneur in a Non-Service Business at the Stevie Awards for Women Entrepreneurs.

The Stevie Awards for Women Entrepreneurs is a competition recognizing the accomplishments of women small business owners worldwide. Winners were announced on Friday, October 22, 2004 in a televised ceremony at the Marriott Marquis in New York City's Times Square. The master of ceremonies was Bill Rancic, the spokesperson for Advanta, which sponsors the awards and the winner of the hit television show, "The Apprentice."

More than 640 nominations were submitted for small companies from all over the globe. Loretta DeGrazia, President of East Coast Petroleum was among the final fifteen for Best Entrepreneur in a Non-Service Business.

Ms. DeGrazia founded East Coast Petroleum nineteen years ago and turned it into a twenty person enterprise which not only delivers highly regarded residential and business heating oil and installation services, but also delivers and installs York air conditioning systems and services refrigeration needs of customers. East Coast Petroleum has also received considerable recognition for its charitable and civic work in the community. Of the award Ms. DeGrazia said: " It was truly amazing to be in such admirable company during this competition. This recognition belongs not only to me but to my entire crew and staff. We are very honored to be nationally acknowledged for our work."

The Advanta Corporation, the sponsor of the Stevie Awards, has been committed to supporting the success of women in business for over 50 years. It originally provided need-based loans to women entrepreneurs when banks often would not. It is one of the nation's largest issuers of MasterCard business cards to all of America's small businesses. The Stevie trophy was designed by R.S. Owens, the same company that makes the Oscar and the Emmy.


Contact Person:
Bernice Mader, Consultant for Business Development
East Coast Petroleum
(617) 773-6881
bernicemader1@comcast.net


Event Photos:
Bill Rancic of The Apprentice and Rhonda Schaffler, New York Stock Exchange Correspondent for CNN Business News
Rhonda Schaffler, New York Stock Exchange Correspondent for CNN Business News, Jessika Kane, Office Manager at East Coast Petroleum, Bill Rancic of The Apprentice and Loretta DeGrazia, President of East Coast Petroleum

Vendor Best Performance Affirmative Market Program  Cerimony
Jessika Kane, Office Manager at East Coast Petroluem, Michael Gallagher, President of the Advanta Banking Corporation and Loretta DeGrazia, President of East Coast Petroleum