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Ernst & Young Hosts Largest Gathering in the World of Leading Entrepreneurs at 13th Annual Awards Ceremony.(LOS ANGELES).


Eleven Entrepreneurs From Los Angeles Eligible

to Receive Coveted 1999 Entrepreneur Of The Year(R) Award

More than 2,000 leading entrepreneurs and their supporters from the U.S. and abroad will come together at the 13th Annual Ernst & Young Entrepreneur Of The Year(R) International Conference which culminates in an evening gala honoring recipients of the prestigious Entrepreneur Of The Year (EOY) award.

The largest gathering of the world's entrepreneurs, the conference will take place this year from November 11-14 at the Marriott Desert Springs Resort & Spa in Palm Springs, Calif.

The conference concludes an intensive year-long search and review of 4,200 nominations. Local entrepreneurs from the Los Angeles area have already been honored with their regional EOY award. They include: David Bohnett of Geocities; Vivian Chow of Metier; Brian Farrell of THQ; Jon Ferrara and Elan Susser of Goldmine Software; David Harmon of El Camino Resources; Joel Marcus of Alexandria Real Estate Holdings; Sohail Masood of Crescent Healthcare; David McCoy of Mammoth Mountain Ski Area; Young J. Paik of Paco Steel & Engineering; and Robert Walston of Four Media Company.

These honorees will now be among the hundreds of conference attendees competing for the national title in their respective categories, as well as for the overall 1999 National Entrepreneur Of The Year. All of the national finalists and winners will be announced at the National Awards Gala on Saturday, November 13, featuring Lou Dobbs, formerly of CNN and CNNfn, and now CEO of his own entrepreneurial company,, as Master of Ceremonies. The ceremony will be broadcast live on the Internet at from 6:00-10:00 pm PST.

The conference draws together past and current EOY award recipients from around the world for workshops, discussions, and the induction of all 1999 Entrepreneur Of The Year winners as lifetime members in the Entrepreneur Of The Year Hall of Fame - a "Who's Who" of fast-growth business leaders. Past inductees include Michael Dell of Dell Computer Corporation, Scott McNealy of Sun Microsystems, Jim McCann of 1-800-FLOWERS, Chris Sullivan of Outback Steakhouse, Herb Kelleher of Southwest Airlines, Scott Cook and Tom Proulx of Intuit, David Duffield of Peoplesoft, Howard Schultz of Starbucks Coffee, Leon F. Gorman of L.L. Bean, Sheryl Leach of the Lyons Group (creators of "Barney" the Dinosaur), and Steve Case of America Online.

"In the 13 years since its inception, the Entrepreneur Of The Year Conference has evolved into an 'entrepreneurial summit' where real entrepreneurs share real business experiences and discuss their most successful strategies and their biggest challenges," says Gregory K. Ericksen, National Director of Entrepreneurial Services at Ernst & Young. "Both nominations and conference attendance increase each year as emerging and established entrepreneurs come to gather practical information and take advantage of the unique networking opportunities."

Founded and produced by professional services firm Ernst & Young LLP and nationally co-sponsored by USA Today, CNNfn and CNN, the Nasdaq-Amex Market Group, and the Kauffman Center for Entrepreneurial Leadership at the Ewing Marion Kauffman Foundation, the Entrepreneur Of The Year awards and conference are sponsored locally by Citibank Private Bank; Marsh; Riordan & McKinzie; Wedbush Morgan Securities; Paul Hastings Janofsky & Walker; Silicon Valley Bank; Capital Resources Consulting; Bowne and Scherzer & Company. Local media sponsors include Business Wire; KCRW-Radio; KFWB-News 98 Radio; KNX-Radio; and the Los Angeles Business Journal.

Recipients of the Entrepreneur Of The Year award become lifetime members of the Entrepreneur Of The Year Hall of Fame.

Highlights of the 1999 EOY International Conference

Keynote speakers include:

-- Edward Iacobucci, chairman and chief technology officer,

Citrix Systems, Inc., and 1998 National Entrepreneur Of The Year.

Mr. Iacobucci developed more than a technology, a product or even

a company. Through Citrix Systems, he created a new industry -

TCSC, or "Thin-Client/Server Computing." Last year's national EOY

winner will discuss "An Entrepreneur's Challenges in the

Information Age."

-- Dr. Stephen R. Covey, author, "The 7 Habits of Highly

Effective Families." Dr. Covey's presentation will help chart the

course that will transform one's family from a state of survival

to one of significance. He will define four action steps that are

so powerful when implemented they will immediately begin to

dramatically improve the quality of family life.

-- Guy Kawasaki, founder and CEO,, and author, "Rules

for Revolutionaries." This Silicon Valley-based entrepreneur will

explain the rules that make new products and services successful

in the Internet New Economy. Mr. Kawasaki will reveal the 10

things that a revolutionary must do to succeed in today's

business climate.

Other featured special guests and speakers include: Tony Guida, anchor and correspondent, CNNfn "Entrepreneurs Only"; Carolee Friedlander, president and CEO, Carolee Designs, Inc.; Harry S. Dent, Jr., author, "The Great Boom Ahead" and "The Roaring 2000s"; Dr. J. Mitchell Perry, president, JM Perry Corporation; Hyrum Smith, chairman of the board, Franklin Covey Co.; and Arch Lustberg, president, Arch Lustberg Communications, Inc.

A highlight of the conference will be the season premiere viewing of CNNfn's "Entrepreneurs Only." And, for the third year, Dr. Stephen R. Covey will present the Entrepreneur Of The Year Institute Award for Principle Centered Leadership(R).

Among this year's awards gala honorees are the almost 500 Regional EOY award winners announced earlier this year in 47 local competitions. On an average, these companies have 786 employees, generated 66,000 new jobs in the past year, had revenues of $196 million, and grew by 33 percent.

All national award recipients will be featured in USA Today and profiled in a special annual issue of Ernst & Young's Entrepreneur Of The Year magazine. During the week of November 15, CNN "Business Day" will air newsworthy highlights of the conference. Interviews with EOY winners attending the conference will also be featured on a two-hour nationally syndicated radio show, "The Dolans," on Wednesday, November 17.

For more information about the conference, call 1-800-755-AWARD or visit the Ernst & Young Web site at

Entrepreneur Of The Year(R) is a registered service mark of Ernst & Young LLP.

Ernst & Young LLP ( provides assurance and advisory business services, tax services and consulting for domestic and global clients. The firm has 30,000 people in 87 U.S. cities. Ernst & Young Entrepreneurial Services is dedicated solely to meeting the business needs of owner-managed businesses worldwide.

Recipients of the Entrepreneur Of The Year award become lifetime members of the Entrepreneur Of The Year Hall of Fame.

The EOY program founded by Ernst & Young in the U.S. 13 years ago now serves as the model for EOY programs in the Bahamas, Barbados, Belgium, Brazil, Canada, France, Germany, India, Ireland, Italy, the Netherlands, New Zealand, South Africa, Spain, Sweden, Switzerland, Trinidad, the United Kingdom. Ernst & Young plans to implement this program in 110 locations in 30 countries by the year 2002.

The Kauffman Center for Entrepreneurial Leadership has become a trusted resource for accelerating entrepreneurship in America, promoting opportunities for entrepreneurs, educators and youth nationwide. The Center is at the Ewing Marion Kauffman Foundation, the largest foundation supporting entrepreneurship in the United States.

CNN Financial News is the division of CNN that produces business news programs and updates for CNN, CNNfn, CNN International, Headline News, the CNN Airport Network, CNN Radio and the Web site from its headquarters in New York City. CNNfn, the financial network, airs weekdays from 6 a.m. to 12 a.m. (ET). CNN/U.S., a division of the CNN News Group, a wholly owned subsidiary of Turner Broadcasting System, Inc., is the world's leading 24-hour news network, providing its audience with in-depth, live coverage and analysis of breaking news events from around the world.

For today's time-pressed, affluent, and influential consumers, USA Today is the user-friendly, comprehensive source of communications that informs, educates, and entertains.

As parent company to The Nasdaq Stock Market and The American Stock Exchange, The Nasdaq-Amex Market Group has created a truly unique marketplace. By offering a dual market structure, Nasdaq-Amex has set the stage for the global stock market of the future - a Market of Markets linking investors, issuers and market professionals to a fast, fair and low-cost worldwide network.
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Publication:Business Wire
Geographic Code:1USA
Date:Oct 18, 1999
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