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Ernst & Young   NEWS RELEASE


Winners of Ernst & Young
Entrepreneur Of The Year
® Award - Announced in Rocky Mountain Region

Denver, CO [June 24, 2005] – Professional services firm Ernst & Young LLP announced today the winners of the Ernst & Young Entrepreneur Of The Year ® Awards 2005 in the Rocky Mountain Region. All of the award recipients were selected by a panel of independent judges consisting of area leaders from business, academic and civic organizations.

“Entrepreneur Of The Year award recipients embrace the entrepreneurial spirit and determination necessary to achieve success,” said Mark Siegel, Ernst & Young Entrepreneur Of The Year program director for the Rocky Mountain Region.  “Ernst & Young is proud of its history recognizing and supporting these outstanding leaders and their companies.”

The Rocky Mountain Region Ernst & Young Entrepreneur Of The Year award recipients are:

  • Business Services  - James H. Possehl, Chairman and CEO, Republic Financial Corporation (Aurora)
  • Emerging Growth – C. David Moll, CEO, Webroot Software Inc. ( Boulder)
  • Medical and Health Sciences – Brian Baldwin, Chairman Emeritus, Baxa Corporation ( Englewood)
  • Real Estate and Construction- R. Scot Sellers, Chairman and CEO, Archstone-Smith ( Englewood)
  • Retail and Manufacturing – Barry Perzow, President, CEO, and Co-Founder and Dale Schwartz, Co-Founder, Pharmaca Integrative Pharmacy ( Boulder)
  • Technology – George Heinrichs, President, CEO and Co-Founder; and Stephen Meer, CTO and Co-Founder, Intrado Inc. ( Longmont)
  • Turnaround – Mark A. Hellerstein, Chairman, CEO and President, St. Mary Land & Exploration Company ( Denver)

“This year’s nominees and winners are all fantastic entrepreneurs.  To me, entrepreneurship is synonymous with long-term job creation and the establishment of cutting-edge, highly innovative companies in Colorado,” said Jon Nordmark, president and CEO of eBags and a judge of the 2005 Ernst & Young Entrepreneur Of The Year award.  “Entrepreneurship also means persistence and sacrifice—overcoming tremendous personal and financial obstacles.  Many of this year’s nominees could not be beaten down and have great potential to grow into large companies that will fuel our economy.”

Rocky Mountain Region winners will be eligible for consideration for the Entrepreneur Of The Year 2005 national program.  Winners in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year, will be announced at the annual awards gala in Palm Springs, Calif., in November 2005.  The overall national Entrepreneur Of The Year Award recipient is then considered for the world event held in Monte Carlo.

About The Ernst & Young Entrepreneur Of The Year® Program

The Ernst & Young Entrepreneur Of The Year Program was created and is produced by professional services firm Ernst & Young LLP.  As the first award of its kind, Ernst & Young Entrepreneur Of The Year recognizes outstanding entrepreneurs who are building and leading dynamic and growing businesses.  The program honors entrepreneurs through regional, national and global award programs in over 100 cities and 35 countries.

About Ernst & Young

Ernst & Young, a global leader in professional services, is committed to restoring the public’s trust in professional services firms and in the qualityof financial reporting.  Its 100,000 people in 140 countries pursue the highest levels of integrity, quality, and professionalism in providing a range of sophisticated services centered on our core competencies of auditing, accounting, tax, and transactions.  Further information aboutErnst & Young and its approach to a variety of business issues can be found at www.ey.com/perspectives.  Ernst & Young refers to all the members of the global Ernst & Young organization.

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