SOURCE: BlueCat Networks

July 12, 2005 08:39 ET

BlueCat Networks Founders Selected as Finalists in Ernst & Young Entrepreneur Of The Year Awards

TORONTO -- (MARKET WIRE) -- July 12, 2005 -- BlueCat Networks, Inc. today announced that company founders, Michael Hyatt and Richard Hyatt, have been selected as finalists in the 12th annual Ernst & Young Entrepreneur Of The Year® awards. Recognized for their leadership skills, determination and vision, the Hyatt brothers were among 40 entrepreneurs selected as Ontario region finalists in the 2005 awards program.

The Ernst & Young Entrepreneur Of The Year awards, which has been acknowledged as Canada's most prestigious business awards program, is now in its 12th year. The program considers nominees in a number of business categories before selecting finalists. BlueCat Networks' founders were named finalists in the category of Technology and Communication.

"Previous winners have gone on to become international successes, and we are honoured to be in the company of such highly respected organizations," said Michael Hyatt, president and CEO of BlueCat Networks. "To be ranked as a finalist further solidifies the entrepreneurial spirit and excellence which is alive and thriving in today's business marketplace and forms the foundation for our technology leadership."

The Entrepreneur Of The Year program was founded by Ernst & Young to celebrate great entrepreneurs and heighten awareness of the economic impact of entrepreneurial ventures. The awards honour entrepreneurs who have demonstrated excellence and extraordinary success in areas such as innovation, risk taking, company development, financial performance, and personal commitment to their businesses and communities. Submissions are reviewed by an independent judging panel, which is comprised of several distinguished Canadian business leaders and previous award recipients.

"The international recognition of the award positions recipients as world-class entrepreneurs, and provides a benchmark for entrepreneurial excellence," said Richard Hyatt, CTO of BlueCat Networks. "We are proud to be placed alongside the much-admired leaders who have previously been recognized by this award, and are today important role models in their respective industries."

This year's winner will be announced November 3, 2005, in Ottawa. In June 2006, Canada's Entrepreneur Of The Year moves to the world stage, joining more than 35 country recipients participating in the international competition for the title of World Entrepreneur Of The Year.

About BlueCat Networks, Inc.

Founded in 2001, BlueCat Networks, Inc. is a leading provider of simple, secure and affordable network appliances. The BlueCat Networks product portfolio is comprised of the Adonis™ family of DNS/DHCP security appliances; and the Meridius line of Security Gateway Appliances. The Adonis family of appliances delivers end-to-end, fast, intelligent, cross-platform, secure DNS and DHCP solutions that are specifically designed to offer ease-of-use, low maintenance and scalability. It also includes Proteus, the first dedicated enterprise IPAM appliance of its kind for designing, deploying and managing IP-based networks. The Meridius Security Gateway™ line of products offers unbeatable, real-time spam detection, empowering organizations to improve network security and reduce IT costs. BlueCat Networks is a profitable security appliance company that supports the needs of government, military, and Fortune 500 organizations worldwide. For additional information, visit

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 quality of financial reporting. Its 100,000 people in 140 countries pursue the highest levels of integrity, quality, and professionalism, providing a range of sophisticated services centred on our core competencies of auditing, accounting, tax, and transactions. Further information about Ernst & Young and its approach to a variety of business issues can be found at Ernst & Young refers to all the members of the global Ernst & Young organization.

© 2005 BlueCat Networks, Inc. All Rights Reserved. BlueCat Networks, the BlueCat Networks logo, Meridius, the Meridius logo, Adonis, the Adonis logo, Proteus, and the Proteus logo, are trademarks of BlueCat Networks, Inc. All other company and/or product names are trademarks and/or registered trademarks of their respective manufacturers.

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