SOURCE: Portellus Inc.

June 01, 2007 10:57 ET

Ernst & Young Names Portellus CEO John N. Le Finalist for 2007 Entrepreneur Of The Year Award

IRVINE, CA--(Marketwire - June 1, 2007) - Portellus Inc., a leading provider of business user-driven change management solutions, today announced that its chairman and CEO, John N. Le, has been named a finalist for Ernst & Young's 2007 Entrepreneur Of The Year® Award. According to Ernst & Young, the awards program recognizes outstanding entrepreneurs on a regional, national and global level who are building and leading dynamic and growing businesses.

Mr. Le was named a semi-finalist out of nearly 80 nominees in April and was later determined to be a finalist by a panel of independent judges in May. Award winners will be revealed at the annual award ceremony and black tie gala event on June 19, 2007 at the Hyatt Regency, Irvine, Calif. The event is expected to draw more than 600 attendees.

"To be named a finalist for Ernst and Young's Entrepreneur Of The Year award is not just representative of my own entrepreneurship and success, but is also representative of the unwavering drive and commitment by each of the talented employees here at Portellus," commented John N. Le, chairman and CEO of Portellus. "Portellus has experienced tremendous growth and innovation since the company's inception and this honor recognizes that success."

The Ernst & Young Entrepreneur Of The Year awards program celebrates its 21st anniversary this year. Awards are given to entrepreneurs who have demonstrated excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities.

The Entrepreneur Of The Year award recognizes the men and women who excel at what they do, and past winners include pioneers and innovators such as Michael Dell of Dell Computer Corporation, Steve Case of America Online, Pierre Omidyar of eBay Inc., Howard Schultz of Starbucks Coffee, Scott Kriens of Juniper Networks, and James McCann of 1-800-FLOWERS Inc.

Regional award winners are eligible for consideration for the Ernst & Young Entrepreneur Of The Year 2007 national program. Award winners in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year award winner, will be announced at the annual awards gala in Palm Springs, California on November 17, 2007. The national Entrepreneur Of The Year celebration is part of Ernst & Young's Strategic Growth Forum. The overall national Entrepreneur Of The Year award recipient is then considered for the world event held in Monte Carlo.

Mr. Le was also named a finalist for Ernst & Young's Entrepreneur Of The Year Award in 2000 as the founder and CEO of LoanTrader Inc., a dominant financial services marketplace technology firm.

Event Information
Title: Ernst & Young 2007 Entrepreneur Of The Year Awards
Date: Tuesday, June 19, 2007
Time: 6:00 p.m. - 9:00 p.m. Pacific time
Location: Hyatt Regency, Irvine, California
Attire: Black tie
About the Ernst & Young Entrepreneur Of The Year Awards

The Entrepreneur Of The Year awards program was created and is produced by professional services firm Ernst & Young LLP. As the first award of its kind, the Ernst & Young Entrepreneur Of The Year Award recognizes outstanding entrepreneurs who are building and leading dynamic and growing businesses. The program, which celebrated its 20th anniversary in 2006, honors entrepreneurs through regional, national and global award programs in over 125 cities and 40 countries.

About Portellus

Portellus Inc. is a leading provider of next-generation technology solutions for industries requiring the automation of numerous complex business decisions. The company's Enterprise Rules Management (ERM) system, Web Portals and vertical market solutions utilize a service-oriented architecture (SOA) to deliver loosely coupled applications and flexible solutions, enabling clients to gain competitive advantages, reduce costs, mitigate risk, increase profitability, comply with regulatory requirements and swiftly respond to marketplace dynamics. Portellus' solutions are in production with mortgage bankers, financial institutions, insurance companies, due diligence firms and Wall Street investors. For more information, visit www.portellus.com or call 949-250-9600.

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