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CEO of Marlabs Named Finalist for Ernst & Young Entrepreneur
Of The Year(R) 2005 Award
Friday June 17, 9:28 am ET
 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® 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® 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 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 www.marlabs.com.
Note to editors: Trademarks and registered trademarks referenced herein
remain the property of their respective owners.

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