SOURCE: CyberShift

CyberShift

May 17, 2011 11:00 ET

CyberShift CEO Named Ernst & Young Entrepreneur Of The Year® 2011 New Jersey Award Finalist

Robert E. Farina Driving Force Behind CyberShift's Global Success

PARSIPPANY, NJ--(Marketwire - May 17, 2011) - CyberShift, a global provider of workforce management and expense management software and services, today announced that chief executive officer, Robert E. Farina is an Ernst & Young Entrepreneur Of The Year® 2011 New Jersey Award finalist. According to Ernst & Young LLP, the awards program recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. Farina was selected as a finalist by a panel of independent judges. Award winners will be announced at a special gala event on June 23, 2011 at the Teaneck Marriott at Glenpointe.

Farina has steered CyberShift through a period of rapid growth and through the troubled waters of the recent recession, finishing its last fiscal year with record revenues, profits and order backlog. Positioning the company to focus on providing Workforce Management and Expense Management solutions that meet the needs of large, complex organizations through both an On Premise and Software-as-a-Service delivery model, CyberShift has attracted a large and prestigious customer base with over 1.5 million end users accessing its software from over 30 countries.

"I am honored to be named a finalist for such a prestigious award and to be acknowledged for the successes that we've achieved at CyberShift," Farina commented. "CyberShift is committed to helping our clients leverage our software capabilities to maintain a competitive edge and help them keep their increasingly global and mobile workforces connected to business critical applications."

The Ernst & Young Entrepreneur Of The Year Program celebrates its 25th anniversary this year. The program has expanded to recognize business leaders in more than 140 cities and more than 50 countries throughout the world.

Regional award winners are eligible for consideration for the Entrepreneur of the Year National Award. Award winners in several national categories, as well as the Entrepreneur of the Year overall National Award winner, will be announced at the annual awards gala in Palm Springs, California, on November 12, 2011. The awards are the culminating event of the Ernst & Young Strategic Growth Forum®, the nation's most prestigious gathering of high-growth, market-leading companies, which will be held November 9-13, 2011.

Sponsors
Founded and produced by Ernst & Young LLP, the Entrepreneur of the Year Awards are pleased to have the Ewing Marion Kauffman Foundation as a national sponsor.

In New Jersey sponsors include Merrill Corporation, Empire Valuation Consultants, DLA Piper, Morgan Lewis & Bockius, WithumSmith+Brown, Gibbons, P.C., New Jersey Technology Council and NJ Biz.

About Ernst & Young Entrepreneur Of The Year®
Ernst & Young Entrepreneur Of The Year® is the world's most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential, and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur of the Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 140 cities in more than 50 countries.

About the Ernst & Young
Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 141,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.

Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young LLP is a client-serving member firm of Ernst & Young Global Limited operating in the US. For more information about our organization, please visit www.ey.com.

About CyberShift
CyberShift specializes in providing leading organizations with best-in-class workforce and employee spend-management solutions to reduce costs, mitigate compliance risk, and increase productivity. Our solutions help organizations of all sizes address complex policies and increase the effectiveness of their workforce in delivering products or services to their customers every day. CyberShift's comprehensive product suite is unique in providing multi-national capabilities for employee scheduling, time-and-attendance, contingent labor management, absence management, expense management and solutions for the mobile workforce. CyberShift manages over 1.5 million transactions daily through our highly secure SaaS delivery model, and is also available as an On Premise license, putting the power of choice in the hands of the customer. For more information, please call (877) 274-4381 or visit www.cybershift.com.