BuildNet Chairman Receives Year 2000 Ernst & Young Entrepreneur Of The Year Award; Ernst & Young Recognizes Brown's Role in BuildNet Growth.Business/Technology Editors RESEARCH TRIANGLE PARK Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. , N.C.--(BUSINESS WIRE)--June 26, 2000 BuildNet, Inc., a leading provider of management software to homebuilders and suppliers in the residential construction industry, announced today that its chairman, Keith T. Brown, won the Ernst & Young Carolinas' 2000 Entrepreneur of the Year Award in the business-to-business category. The award was presented at a recent awards ceremony in Charlotte, North Carolina “Charlotte” redirects here. For other uses, see Charlotte (disambiguation). Charlotte is the largest city in the state of North Carolina and the 20th largest city in the United States. . The ceremony was the culmination of an extensive search that set out to identify and recognize the top entrepreneurial talent in the Carolinas. The Entrepreneur of the Year award recognizes Brown's role in BuildNet's growth over the past 13 months, through fund raising rounds totaling over $140 million and the acquisition of eight companies. BuildNet is now recognized as one of the residential construction industry's largest e-commerce companies, offering software, Internet and e-commerce solutions to every sector of the building materials Building materials used in the construction industry to create . These categories of materials and products are used by and construction project managers to specify the materials and methods used for . supply chain. "It is an honor to receive this prestigious award," said Brown, "yet it reflects as much on the efforts of BuildNet's nearly 1,000 employees who work each day to make our B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business vision a reality as it does on my leadership. Because of our employee's dedication and hard work, I want to share this recognition with each and every one of them." Award recipients will be eligible for several national Entrepreneur Of The Year category awards, as well as the National Entrepreneur Of The Year award. All National Entrepreneur Of The Year finalists and award recipients will be announced at the Ernst & Young Entrepreneur Of The Year International Conference in Palm Springs, California Palm Springs is a famed Riverside County, California desert resort city, approximately 110 miles (177 km) east of Los Angeles and 140 miles (225 km) northeast of San Diego. As of the 2000 census, the city population was 42,807. on November 11, 2000. The Carolinas' finalists were selected by an independent panel of judges Panel of Judges is an indie pop band from Melbourne, Australia. Members
--David Burner, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , The BF Goodrich Company --Leighton Cubbage, CEO, Rhinos International --Monica Doss, Executive Director, Council for Entrepreneurial Development --Jennie Johnson, President, Liberty Insurance Services --Jerome Kline, President/CEO, Kline Iron & Steel Company --Stacy Anderson, Principal, Piedmont Venture Partners --Stan Mandel, Director, Angell Center for Entrepreneurial Development, Wake Forest University --Burton Schools, Chairman of the Board, Piggly Wiggly Piggly Wiggly is a supermarket chain in the in Midwest and South regions of the United States. History Piggly Wiggly was the first true self-service grocery store. Carolina Company, Inc. --Rollie Tillman, Chairman of the Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. , Kenan Institute for Private Enterprise --David Whelpley, Partner, Kilpatrick Stockton Kilpatrick Stockton LLP is a law firm with over 450 attorneys in the eastern United States and Europe. Headquartered in Atlanta, Georgia, the firm has U.S. offices in Georgia, North Carolina, New York, and the District of Columbia, with international offices in England and Sweden. , LLP LLP - Lower Layer Protocol About BuildNet, Inc. BuildNet, Inc., located in Research Triangle Park, N.C., is a leading provider of management software to homebuilders and suppliers in the residential construction industry. BuildNet's objective is to be the business-to-business e-commerce solution for the residential construction industry. To reach that objective, BuildNet has designed the BuildNet E-Building Exchange to provide secure Internet-based procurement, e-commerce and information services See Information Systems. for homebuilders, suppliers and manufacturers. The BuildNet E-Building Exchange will allow users to confirm pricing and product specifications, place purchase orders and add both product and order information automatically to builders' and suppliers' management systems. In addition, manufacturers will be able to place product information and catalogs on the BuildNet E-Building Exchange for access by homebuilders and suppliers. BuildNet is testing the BuildNet E-Building Exchange and expects to initiate a limited market rollout in 2000. BuildNet's aggregated software customer base includes homebuilders that accounted for approximately 43% of 1999 U.S. single-family home closings. Learn more about BuildNet by visiting www.buildnet.com This press release contains forward-looking statements. The actual results might differ materially from those projected in the forward-looking statements for various reasons, including BuildNet's limited Internet operating history, the development and rollout of the BuildNet E-Building Exchange and the acceptance of the BuildNet E-Building Exchange by any of BuildNet's existing software customers or any new customers. Additional information concerning factors that could cause actual results to materially differ from those in the forward-looking statements is contained in BuildNet's SEC filings, including its Registration Statement on Form S-1. |
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