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Pacific Northwest Entrepreneurs Honored; 1999 Ernst & Young Entrepreneur Of The Year Award Recipients Announced at June 24 Gala.

SEATTLE--(BUSINESS WIRE)--June 24, 1999--

More than 500 Pacific Northwest business leaders attended the 9th Annual Ernst & Young Pacific Northwest Entrepreneur Of The Year(R) awards banquet to honor eight outstanding award recipients in entrepreneurship.

Judged by a panel of leaders from the region's business and civic leaders, the 1999 Pacific Northwest Entrepreneur of the Year(R) program honors the achievements of outstanding entrepreneurs who have demonstrated excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their business and communities.

Jane Blodgett, an Entrepreneurial Services Partner at Ernst & Young, was pleased to announce the 1999 Pacific Northwest Entrepreneur of the Year(R) award recipients:

EMERGING ENTREPRENEUR

Naveen Jain, Chairman & Chief Executive Officer

InfoSpace.com, Inc., Redmond, Washington

InfoSpace.com is the leading provider of private label solutions

for content and commerce to portals and Internet appliances.

SERVICE ENTREPRENEUR

Jens Molbak, Chief Executive Officer

Coinstar, Inc., Bellevue, Washington

Coinstar developed an easy way for consumers to turn their

accumulated change back into spendable cash.

SOFTWARE ENTREPRENEUR

Steve Singh, President & Chief Executive Officer

Concur Technologies, Inc., Redmond, Washington

Concur Technologies is the leading provider of web-based

employee-facing applications that automate business processes

across entire corporations.

INTERNET PRODUCTS ENTREPRENEUR

Russell C. Horowitz, Chief Executive Officer & Chairman

Go2Net, Inc., Seattle, Washington

Go2Net is a network of branded, technology and community driven

web sites focused on the following categories: personal finance,

search, commerce, and games. The company also develops web-related

software.

INTERNET SERVICES ENTREPRENEUR

Daniel M. Fine, Chief Executive Officer & President

Fine.com International Corp., Seattle, Washington

Fine.com is a web-site construction company, building innovative,

intelligent online networks.

RETAIL/DISTRIBUTION ENTREPRENEUR

Terry Drayton, President & Chief Executive Officer

HomeGrocer.com, Inc., Bellevue, Washington

HomeGrocer.com is an online grocery store serving thousands of

quality, name brand items at grocery store prices.

HEALTHCARE ENTREPRENEUR

Dr. Steven Gillis, Chairman & Chief Executive Officer

Corixa Corporation, Seattle, Washington

Corixa is committed to saving lives and preventing disease through

the rapid discovery of vaccines for diseases that currently lack

them.

SUPPORTER OF ENTREPRENEURSHIP

Gary S. Hansen, Director & Professor

Program in Entrepreneurship & Innovation, University of Washington

The University of Washington's PEI program helps to prepare

students for the high-tech momentum of the Puget Sound.

The banquet, held at the Washington State Trade & Convention Center, was the finale to an intensive search to identify and recognize the Pacific Northwest's outstanding entrepreneurs.

The Pacific Northwest's award recipients are now eligible to participate in the National Entrepreneur Of The Year(R) awards competition, the pre-eminent program honoring outstanding owners of fast-growing companies across the country. The search will culminate at a black-tie awards gala in Palm Springs, California, on November 13, 1999 with more than 2,000 attendees as part of the Entrepreneur Of The Year(R) Institute National Conference.

Previous Entrepreneur Of The Year(R) award winners, a "Who's Who" of business leaders, include: -- Michael Dell of Dell Computer Corporation -- Jim McCann of 1-800 Flowers -- Steve Case of America Online -- Howard Schultz of Starbucks Coffee -- Sheryl Leach of the Lyons Group -- creators of "Barney" -- Edward Iacobucci of Citrix Systems -- creator of a new industry

in TCSC, or "Thin-Client/Server Computing"

Previous Pacific Northwest Entrepreneur Of The Year(R) award recipients have included: -- Howard Schultz of Starbucks Coffee -- Jeff Bezos of Amazon.com -- George F. Russell, Jr. of the Frank Russell Company -- Craig McCaw of McCaw Cellular -- David Giuliani of Optiva Corporation

Founded and produced by 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 awards are sponsored locally by Business Wire, The Citibank Private Bank, J&H Marsh & McLennan, NorthWest Cable News, Perkins Coie LLP, Puget Sound Business Journal, Sprint, and U.S. Bank in the search for the nation's best entrepreneurs. Recipients of the Entrepreneur Of The Year award become lifetime members of the Entrepreneur Of The Year Hall of Fame.

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

Ernst & Young LLP (www.ey.com) 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. Additional program information can be found through website links at http://www.businesswire.com/emk/ey.shtml.

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

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.

CNNfn, the financial network of CNN News Group, airs weekdays from 6 a.m.-12 a.m. (ET). CNNfn world headquarters is based in New York City, with financial news bureaus located in Atlanta, Washington, D.C., London and Hong Kong. CNN Financial News is the division of CNN that produces business news programs and updates for CNN, CNN International, CNN Headline News, the CNN Airport Network, CNNRadio and the Web site CNNfn.com.

An economy of words. A wealth of information. Every day. 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:Jun 25, 1999
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