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NetQos CEO Receives Ernst & Young Entrepreneur of the Year Award
AUSTIN, TX - June 6, 2006 - NetQoS, Inc. announced that co-founder and CEO Joel Trammell received a 2006 Ernst & Young Entrepreneur Of The Year(R) Award in the Austin region. According to Ernst & Young, the award recognizes outstanding entrepreneurs who are building and leading dynamic and growing businesses. Trammell was selected by an independent panel of judges, and the award was presented at the Ernst & Young Entrepreneur Of The Year 20th anniversary gala event at the Renaissance Austin Hotel.
"Austin has a rich tradition of entrepreneurship, and I am proud to be a part of that tradition as a 2006 Ernst & Young Entrepreneur of the Year award winner," said Trammell. "The award is a result of many elements that have made NetQoS a leader in the network performance management space, but the number one contribution is the talent and dedication of our employees."
"Ernst & Young is proud of its history in recognizing these outstanding leaders and their companies," said Don Calvin, Ernst & Young partner and Entrepreneur Of The Year program director for Austin. "As the CEO of a fast-growing, successful software company, Joel Trammell is an excellent representative for Austin and specifically our high-tech community."
NetQoS provides network performance management software and services to help large organizations improve the delivery of applications across the network infrastructure. Since co-founding NetQoS in 1999, Trammell - also the Austin Business Journal's 2005 Private Company Executive of the Year - has led the company to become one of the fastest growing private companies in the U.S., with a rapidly growing list of more than 400 blue-chip customers and an annual revenue growth rate of nearly 100 percent since 2002.
Under Trammell's leadership, NetQoS rose to number 31 on the 2005 Deloitte Fast 500 list of the fastest growing technology companies in North America for its 8,919 percent revenue growth rate over five years. Also in 2005, NetQoS was named to the Red Herring list of top 100 private companies in North America and ranked number 43 on the Inc. 500 list of the nation's fastest growing private companies.
Trammell is now eligible for consideration for the Ernst & Young Entrepreneur Of The Year 2006 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 Nov. 18, 2006.

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