Davis Marksbury Recognized for Innovation, Growth and Commitment to Excellence
Press release from the issuing company
June 26, 2003 -- Exstream Software, Inc. announced today that Davis Marksbury, president and CEO, was named Ernst & Young Technology Entrepreneur Of The Year for the Southern Ohio and Kentucky region at an award ceremony held at the Northern Kentucky Convention Center on June 17. The award honors entrepreneurs with depth of character, and whose creativity and determination have built successful, forward-thinking companies.
Based on award applications and site visits, Ernst & Young selected Marksbury for his vision, leadership and perseverance, as well as his company's outstanding financial performance. Marksbury attributes the success of his latest venture to a variety of factors, including innovation, the quality of internal systems, customer care, a flat organizational structure and a financial structure that is not dependent upon outside investors. In founding Exstream Software and bringing to market Dialogue, a software solution he was told could not be developed, Marksbury has successfully carried out his belief that a company's only competitive advantage is its ability to out-innovate the competition.
Celebrating its fifth anniversary this year, Exstream Software has generated revenue growth of more than 100 percent for the past three years, largely due to the fact that its award-winning Dialogue software is quickly becoming the standard for high performance enterprise personalization. Exstream Software serves all kinds of companies—from small businesses seeking a competitive edge to multi-national corporations—across a wide range of key markets that include financial services, insurance, banking, service bureaus, telecommunications, utilities and retail. To date, over 200 sites worldwide have successfully implemented Dialogue. Over 50 new companies adopted Dialogue last year and Exstream plans to double that number in 2003.
An entrepreneur since the age of 26, Marksbury has two additional successful business ventures on his resume—PDR Advanced Technology, which produced StreamWeaver, now the world's most commonly used print stream processing software solution (sold to Pitney Bowes in 1996); and PDR Information Services (sold to Interleaf, now Broadvision in 1998).
“Mr. Marksbury is an exceptional honoree for this award. His capability in leading Exstream Software to such fast success, as well as his role in taking an entire industry to a new level with a revolutionary product, make him truly deserving of such high recognition,” said Thomas O'Neil, partner, Entrepreneurial Services, Ernst & Young.
Marksbury was named the region's Technology Entrepreneur Of The Year by a panel of nine judges composed of business leaders from the area. As a regional award winner, Marksbury will compete for the national Ernst & Young Entrepreneur Of The Year award. The national search will culminate at a black-tie awards gala in Palm Springs, California, on November 22, 2003, where national finalists and the Entrepreneur Of The Year award recipients will be announced and celebrated by more than 1,500 attendees. Jay Leno will serve as master of ceremonies for the evening.
About Ernst & Young Entrepreneur Of The Year Program:
Ernst & Young created the annual Entrepreneur Of The Year Award program in the United States in 1986 to recognize the most successful and innovative entrepreneurs. During the past 17 years, the Entrepreneur Of The Year Award program has expanded globally. In the year 2002, entrepreneurs from 26 countries were honored with their country's national Entrepreneur Of The Year Award. Ernst & Young is conducting programs in 35 countries in the year 2003. Each Entrepreneur Of The Year program honors successful entrepreneurs every year, and in so doing, brings to the public's attention role models for the aspiring entrepreneurs of tomorrow. The program provides a unique way of of encouraging entrepreneurial activity and recognizing the achievement of outstanding men and women. For more information, see www.ey.com/weoy.
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