Rosetta Stone(R) CEO Tom Adams Named Ernst & Young Entrepreneur Of The Year(R) 2008 Award Winner in Greater Washington

       By: Rosetta Stone Inc.
Posted: 2008-06-21 06:37:17
Rosetta Stone(R), the leading provider of language-learning software, announced today that Tom Adams, Chief Executive Officer, is the winner of the Ernst & Young Entrepreneur Of The Year(R) 2008 Award in the Software category in Greater Washington. According to Ernst & Young LLP, the award recognizes outstanding entrepreneurs who are building and leading dynamic, growing businesses. Adams was selected last night by an independent panel of judges, at a gala event at the Ritz-Carlton in Tysons Corner.

"My being selected to receive this award is a testament to the power of passion," said Adams.

"I would not have won without the tireless energy of my Rosetta Stone family. They come into work every day and translate their passion for languages and cultural understanding into our amazing products," Adams added. "I am also grateful to our wonderful customers. Their passion for learning languages and cultural discovery are the keys to our company's success. Thank you."

"Ernst & Young is pleased to honor outstanding business leaders such as Mr. Adams," said Rene Salas, Ernst & Young Entrepreneur Of The Year Program Director for Greater Washington. "Winners of the Entrepreneur Of The Year award build leading businesses and contribute a great deal to the communities around them. Their success helps our area grow stronger."

The Ernst & Young Entrepreneur Of The Year awards celebrate their 22nd anniversary this year. The program honors entrepreneurs who have demonstrated exceptionality in such areas as innovation, financial performance and personal commitment to their businesses and communities.

Under Adams' leadership, Rosetta Stone(R) has revolutionized language-learning across the globe. While teaching 31 languages to millions of people in more than 150 countries throughout the world, Rosetta Stone(R) is the key to language-learning success. Inc. Magazine has named Rosetta Stone Inc. one of the 500 fastest-growing companies in the United States, and for the third year Deloitte and Touche has named it one of the fastest-growing technology companies in Virginia. Mr. Adams has protected and expanded the company's vision by harnessing his own passion for language-learning to make Rosetta Stone(R) a global brand.

As a Greater Washington award winner, Mr. Adams is now eligible for consideration for the Ernst & Young Entrepreneur Of The Year 2008 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 November 15, 2008. The awards are the culminating event of the Ernst & Young Strategic Growth Forum, the nation's most prestigious gathering of high-growth, market-leading companies.

Sponsors

Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year awards are pleased to have the Ewing Marion Kauffman Foundation and SAP America as national sponsors. In Greater Washington sponsors include HSBC Bank, Pillsbury Winthrop Shaw Pittman, Reznick Group, Lockton Companies and the Washington Business Journal.

About Rosetta Stone(R):

Rosetta Stone Inc. is the leading provider of language-learning software. Acclaimed for the speed, power and effectiveness of its Dynamic Immersio(R) method, Rosetta Stone has revolutionized language-learning. The company was founded in 1992 on two core beliefs: that the natural way people learn languages as children remains the most successful method for learning new languages; and that interactive CD-ROM and online technology can replicate and activate the immersion method powerfully for learners of any age. The company is based in Arlington, Va. For more information, visit http://www.RosettaStone.com.

About the Ernst & Young Entrepreneur Of The Year Awards

Ernst & Young's Entrepreneur Of The Year is the world's most prestigious business award for entrepreneurs. The award makes a difference through the unique way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Ernst & Young Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 135 cities in 50 countries.

About Ernst & Young

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 130,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve potential.

For more information, please visit http://www.ey.com.

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, a UK company limited by guarantee, does not provide services to clients.
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