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Press Release

April 24, 2006

Virtusa CEO Nominated For The E&Y Entrepreneur Of The Year Award

Finalists for the Ernst & Young Entrepreneur Of The Year(R) Award Announced in New England Award Recipients Named at Gala Event on June 15, 2006

BOSTON--(BUSINESS WIRE)--April 24, 2006 -Ernst & Young LLP today announced the finalists for the Ernst & Young Entrepreneur Of The Year(R) 2006 Award in the New England. This year's 44 finalists were selected from more than 90 nominations by an independent Finalist Selection Committee composed of area business, academic and civic leaders. Award recipients will be announced at a special 20th anniversary gala event on June 15, 2006 at the Boston Park Plaza Hotel.

"This year's finalists are true visionaries who have contributed to economic growth, innovation, and cutting-edge products and services," said Bryan Pearce, Ernst & Young Entrepreneur Of The Year award program director for New England. "We proudly celebrate their achievements as we mark the 20th anniversary of this prestigious awards program."

The New England finalists for the Ernst & Young Entrepreneur Of The Year 2006 Award are:

A123 Systems David Vieau CEO
Acusphere, Inc. Sherri C. Oberg President/CEO/Founder
Agar Supply Co., Inc. Karen Bressler CEO
Alexion Pharmaceuticals,Inc. Dr. Leonard Bell CEO
Alnylam Pharmaceuticals John Maraganore President/CEO
Aspect Software, Inc. James D. Foy President/CEO/Director
Atlas Travel International Elaine Osgood President
Authoria, Inc. Tod Hayes Loofbourrow Chairman/CEO
Beacon Hospice Betty Brennan President/CEO
Broadbus Technologies Vin Bisceglia Chairman/CEO
BTU Ventures, Inc. Wael Al-Mazeedi Chairman/CEO
CMGI, Inc. Joseph Lawler President/CEO
Confluent Surgical, Inc. Amar Sawhney CFO
Crossbeam Systems Peter C. George President/CEO
Cynosure, Inc. Michael R. Davin Chairman/CEO
Datapower Technology, Inc. Eugene Kuznetsov Chairman/CEO
Endeca Steve Papa Chairman/Founder
EqualLogic, Inc. Paula Long Vice President
First Act, Inc. Bernard Chiu Chairman
Five Star Quality Care,Inc. Evrett Benton President/CEO/Founder
Forrester Research, Inc. George Colony Chairman/CEO/Founder
Garber Travel Roselyn Garber President/CEO
GeoTrust, Inc. Neal Creighton CEO
Glasshouse Technologies,Inc. Mark Shirman President/CEO/Founder
Grand Circle Corporation Alan E. Lewis Chairman/CEO
Granite City Electric Supply Co., Inc. Phyllis P. Godwin Chairman/CEO
GSI Group Charles Winston CEO
Hologic, Inc. Jack W. Cumming Chairman/CEO/Director
IPG Photonics Corporation Dr. Valentin P. Gapontsev CEO
Keurig, Inc. Nick Lazaris President/CEO
Konarka Technologies, Inc. Howard Berke Chairman/CEO/Founder
m-Qube Jeffrey F. Glass CEO
Nantero, Inc. Greg Schmergel President/CEO/Founder
OpenPages Michael J. Duffy President/CEO
Palomar Medical Technologies, Inc. Joseph Caruso President/CEO
Perkins Paper Larry Perkins Executive Vice President/COO
Perkins Paper Gary Perkins President
Presstek, Inc. Edward J. Marino President/CEO
Reveal Imaging Technologies, Inc. Michael Ellenbogen CEO
Sirtris Pharmaceuticals Christoph Westphal Vice Chairman/CEO
Tufts-New England Medical Center Ellen M. Zane President/CEO
Virtusa Corporation Kris Canekeratne Chairman/CEO/Founder
Waterford Group, LLC Len Wolman Chairman/CEO
Wright Express Group Michael E. Dubyak President/CEO
YesDirect, Inc. Jeffrey Bennett President/CEO

New England award recipients will be eligible for consideration for the Ernst & Young Entrepreneur Of The Year 2006 national program. 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 18, 2006.

The Ernst & Young Entrepreneur Of The Year Awards program celebrates its 20th anniversary this year and continues to recognize the leaders and visionaries who are creating and building world-class businesses. 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.

Sponsors Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards is nationally sponsored by the Ewing Marion Kauffman Foundation. In New England, local sponsors include Herald Media, Inc. J. Robert Scott, MARSH and WilmerHale.

Contact InformationTo make reservations for the awards banquet on June 15, 2006, contact Jillian Ciminera of Ernst & Young at (617) 570-8437 or jillian.ciminera@ey.com by June 1st. Tickets are $175.00 per person. For more information about the awards program, visit www.ey.com/us/eoy.

About the Ernst & Young Entrepreneur Of The Year AwardsThe Entrepreneur Of The Year(R) 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(R) Award 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 107,000 people in 140 countries pursue the highest levels of integrity, quality, and professionalism in providing a range of sophisticated services centered 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 www.ey.com/perspectives. 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 Global Limited does not provide services to clients.

Note to Editors: Media are invited to attend the awards banquet for interview and photo opportunities. Please call Amy Flannery at (617) 859-6476 as soon as possible to request a complimentary reservation. Press credentials must be presented.

 

About Virtusa

Virtusa Corporation is a global provider of digital business strategy, digital engineering, and information technology (IT) services and solutions that help clients change, disrupt, and unlock new value through innovative engineering. Virtusa serves Global 2000 companies in Banking, Financial Services, Insurance, Healthcare, Communications, Media, Entertainment, Travel, Manufacturing, and Technology industries.

Virtusa helps clients grow their business with innovative products and services that create operational efficiency using digital labor, future-proof operational and IT platforms, and rationalization and modernization of IT applications infrastructure. This is achieved through a unique approach blending deep contextual expertise, empowered agile teams, and measurably better engineering to create holistic solutions that drive the business forward at unparalleled velocity enabled by a culture of cooperative disruption.

Virtusa is a registered trademark of Virtusa Corporation.  All other company and brand names may be trademarks or service marks of their respective holders.

 

Media Contact:

Alex Nickols
Edelman
+1 (415) 430-8056
Alex.Nickols@edelman.com

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