Livio Radio Honored as One of the 2011 “Michigan 50 Companies to Watch”: Ferndale-based Livio Radio has been recognized as one of the 2011 “Michigan 50 Companies to Watch,” an awards program sponsored by the Edward Lowe Foundation and presented by Michigan Celebrates Small Business. Livio Radio will be honored at an awards ceremony during the seventh annual Michigan Celebrates Small Business event, April 28 in Lansing. Founded in 2008, Livio Radio has already developed a list of successful Internet radio products through ongoing relationships with Grooveshark, Pandora and NPR. The company remains committed to providing sleek and sophisticated radios and accessories for users who want quality without gimmicks, hassles, and unnecessary bells and whistles. Livio Radio founder and CEO Jake Sigal said. “Car Internet radio is what’s happening in 2011, and Livio Radio is going to be the company that gives consumers an alternative to satellite with more music and less work.” Companies making it to the “Michigan 50 Companies to Watch” list are a remarkable group of second-stage companies. Defined as having six to 99 full-time-equivalent employees and generating $750,000 to $50 million in annual revenue or working capital from investors or grants, these companies form the backbone of Michigan’s economy. Representing all regions of the state and a diverse range of industries, companies like Livio Radio are known for their exceptional entrepreneurial leadership, creation of innovation or use of innovation in creative ways, and their sustainable competitive advantage. Winners were selected by Michigan-based judges from the banking, economic development, entrepreneurship development and venture capital communities. For more on the Michigan 50 Companies to Watch program visit http://Michigan.CompaniesToWatch.org. More about Michigan Celebrates Small Business at http://MichiganCelebrates.biz.