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Ken Kalb Of Continuous Computing Named Finalist For Ernst & Young Entrepreneur Of The Year 2004 Award
SAN DIEGO, CA - May 26, 2004 - Continuous Computing, the leading provider of high-availability Network Service-Ready Platform™ solutions for telecom equipment manufacturers, today announced that Ken Kalb, its chairman and chief executive officer, was named a finalist by professional services firm Ernst & Young LLP for the Ernst & Young Entrepreneur Of The Year 2004 Awards in San Diego, CA. Mr. Kalb was selected by a panel of judges comprised of local community and business leaders. Winners of the Entrepreneur Of The Year award will be announced at a banquet on Wednesday, June 16, at the Hilton La Jolla Torrey Pines.
Mr. Kalb has been the chairman and chief executive officer of Continuous Computing since the company's inception in 1998. In this role Mr. Kalb helped raise more than $30 million in shareholder equity and also led the effort in February 2003 to acquire Trillium Digital Systems, a network protocol software company, from Intel Corporation, after which the business unit became net income positive within 45 days. Mr. Kalb has been an Ernst & Young Entrepreneur Of The Year finalist in 2001, 2002, and 2003.
Under Mr. Kalb's leadership Deloitte & Touche twice recognized Continuous Computing as a rising star technology company and in August 2003 awarded the company the Fast 50 award in San Diego for being the fastest growing company over a five-year period and the 16th fastest growing company in North America. The company has also won multiple Product of the Year awards and in March 2004 was honored as Company of the Year during inFUSION '04 by a notable panel of judges from industry, technology, and academia. Previously Mr. Kalb was President of Emultek (now eSim), an Israeli simulation tool company, where he doubled revenues and led a successful IPO. Mr. Kalb has attended American University and New York University Graduate Film School.
San Diego winners will be eligible for consideration for the Entrepreneur Of The Year 2004 national program. Winners in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year, will be announced at the annual awards gala in Palm Springs, CA, in November 2004.
About The Ernst & Young Entrepreneur Of The Year Awards Program
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, Ernst & Young Entrepreneur Of The Year recognizes outstanding entrepreneurs who are building and leading dynamic and growing businesses. The program honors entrepreneurs through regional, national, and global award programs in over 100 cities and 35 countries.
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 103,000 people in more than 140 countries around the globe pursue the highest levels of integrity, quality, and professionalism to provide clients with solutions based on financial, transactional, and risk-management knowledge in Ernst & Young's core services of audit, tax, and transaction services. Further information about Ernst & Young and its approach to a variety of business issues can be found at www.ey.com/perspectives Ernst & Young refers to all the members of the global Ernst & Young organization.
About Continuous Computing
Continuous Computing provides integrated systems and services that enable telecom equipment manufacturers to rapidly deploy Next Generation Networks (NGN). Over 150 customers worldwide benefit from the company's unique blend of customized professional services, Trillium protocol software, AdvancedTCA and CompactPCI systems, and BladeCenter hardware. Continuous Computing helps customers reduce platform lifecycle costs, optimize data delivery, and accelerate deployments of NGN, 3G/4G Wireless, and IP Multimedia Subsystem (IMS) infrastructure. The company is ISO-9001 and CMMI certified and based in San Diego with development centers in China and India. For more information, visit www.ccpu.com.
Continuous Computing is a member of the Intel Embedded and Communications Alliance (www.intel.com/go/ica), Communications Platforms Trade Association (www.cp-ta.org), Femto Forum (www.femtoforum.org), IMS Forum (www.imsforum.org), Service Availability Forum (www.saforum.org), and the Blade.org ecosystem (www.blade.org).
Continuous Computing, the Continuous Computing logo, Create | Deploy | Converge, FlexTCA, Flex21, FlexChassis, FlexCompute, FlexCore, FlexDSP, FlexPacket, FlexStore, FlexSwitch, FlexTCA, Network Service-Ready Platform, Quick!Start, TAPA, Trillium, Trillium+plus, and the Trillium logo are trademarks or registered trademarks of Continuous Computing Corporation. Other names and brands may be claimed as the property of others.
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