EDISON, N.J., June 17 /PRNewswire/ -- Marlabs, a global full service provider of application development, managed and consulting services, today announced that CEO Siby Vadakekkara was named a finalist for the Ernst & Young Entrepreneur Of The Year(R) 2005 Awards in New Jersey by professional services firm Ernst & Young LLP.
Marlabs' CEO was selected by a panel of independent judges comprised of area leaders from the business and academic communities, as well as representatives from the 2004 Entrepreneur Of The Year New Jersey finalists and awards recipients. Winners will be announced in 10 award categories at an awards banquet on June 23, 2005 at the Marriott at Glenpointe in Teaneck, N.J.
Vadakekkara has been CEO of Marlabs since he co-founded the company in 1996. During his tenure, Marlabs has been profitable every year since inception, seeing an annual growth rate of more than 100 percent. The company has implemented more than 1,000 software development projects for over 500 clients, and has expanded to three regional offices and two development centers with more than 400 employees worldwide.
Marlabs has developed a unique niche serving industries and organizations that are late adopters of technology. Marlabs is a full service provider of IT services specializing in application development and systems integration, business intelligence and knowledge management frameworks, managed services such as application hosting and management, and professional services. The company's ability to leverage its deep industry knowledge and technology delivery excellence, combined with the Marlabs proprietary application development methodology, have led to the creation of customized solutions and products for some of the world's leading organizations.
New Jersey winners will be eligible for consideration for the Entrepreneur Of The Year 2005 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, Calif., in November 2005.
About The Ernst & Young Entrepreneur Of The Year(R) Program
The Ernst & Young Entrepreneur Of The Year 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 100,000 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 Advisory Services. Ernst & Young practices also provide legal services in some parts of the world where permitted. Further information about Ernst & Young and its approach to a variety of business issues can be found at http://www.ey.com/perspectives. Ernst & Young refers to all the members of the global Ernst & Young organization.
About Marlabs, Inc.
Headquartered in Edison, New Jersey, Marlabs is a global full service provider of application development, managed and consulting services with dedicated vertical industry practices in the healthcare, pharmaceutical and life sciences industries. The company maintains U.S. development centers in Bethlehem, Pa., Austin, Texas, and Cheyenne, Wyo., and an Asia Pacific development center in India.
Marlabs' technology alliances include such market leaders as Microsoft, IBM and Oracle. Marlabs is ranked number one in the application development category in CRN magazine's 2005 Fast Growth 100 and ranked 13th overall. The company was also recognized in 2005 as one of the "50 Best Places to Work in New Jersey" by NJBIZ. Marlabs is an Inc. 500 company and has been repeatedly recognized by Deloitte & Touche in its Fast 50 and Fast 500 programs. For more information, please visit http://www.marlabs.com.
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Marlabs, Inc.CONTACT: MEDIA: Adrienne Turner, The Devon Group for Marlabs,+1-732-542-2000, ext. 18, adrienne@devonpr.com