Avineon President & CEO Karlu Rambhala Named Ernst & Young Entrepreneur Of The Year(R) Award Finalist
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Avineon President & CEO Karlu Rambhala Named Ernst & Young Entrepreneur Of The Year(R) Award Finalist

ALEXANDRIA, Va., May 28 /PRNewswire/ -- Avineon, Inc. ( http://www.avineon.com), a successful provider of IT, geospatial, engineering and program management services, today announced that President and CEO, Karlu Rambhala, is a finalist for the Ernst & Young Entrepreneur Of The Year(R) 2008 Award in the Greater Washington Region. Rambhala was selected as a finalist from nearly 100 nominations by a panel of independent judges. Award winners will be announced at a special gala event on Thursday, June 19, 2008 at the Ritz Carlton, Tysons Corner.

"I am honored to have been named a finalist for this prestigious award," said Rambhala. "My success as an entrepreneur derives in large part from the outstanding support I have received through the years from Avineon's customers and staff. I thank everyone involved for their efforts and look forward to more opportunities to work together."

The Ernst & Young Entrepreneur Of The Year awards program celebrates its 22nd anniversary this year of recognizing entrepreneurs who demonstrate extraordinary success in the areas of innovation, financial performance and personal commitment to their businesses and communities. The program has expanded to recognize business leaders in over 135 cities in 50 countries throughout the world.

Regional award winners are eligible for consideration for the Ernst & Young Entrepreneur Of The Year 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 15, 2008. 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.

Sponsors

Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year awards are pleased to have the Ewing Marion Kauffman Foundation and SAP America as national sponsors.

In Greater Washington sponsors include HSBC Bank, Pillsbury Winthrop Shaw Pittman, Reznick Group, Lockton Companies and the Washington Business Journal.

About Avineon

Avineon, a CMMI Maturity Level 3 and ISO 9001:2000 registered company, is a diversified high technology company that provides information technology (IT), geospatial, engineering and program management services. With headquarters in Alexandria, Virginia, and offices in Alabama, Florida, Georgia, Indiana and Virginia, Avineon also maintains subsidiaries in Europe and India. In IT, Avineon specializes in web-based architecture, systems engineering, application development and on-going network and security support. For additional information, please visit http://www.avineon.com.

About Ernst & Young's Entrepreneur Of The Year

Ernst & Young's Entrepreneur Of The Year is the world's most prestigious business award for entrepreneurs. The award makes a difference through the unique 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, Ernst & Young 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 135 cities in 50 countries.

About Ernst & Young

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 130,000 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 potential.

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Young Global Limited, each of which is a separate legal entity. Ernst & Young
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    Press Contact:                         Company Contact:
    Erin Hatfield                          Charles Erdrich
    DPR Group                              Avineon, Inc.
    919-678-9200, ext. 103                 703-671-1900
    ehatfield@dprgroup.com                 cerdrich@avineon.com

Web site: http://www.avineon.com/
http://www.avineon.com/about_sm.asp/
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