|Rosetta Stone CEO Tom Adams named Ernst & Young Entrepreneur Of The Year® 2008 Award finalist in Greater Washington|
ARLINGTON, Va. (May 30, 2008) – Rosetta Stone® today announced that CEO Tom Adams is a finalist for the Ernst & Young Entrepreneur Of The Year® 2008 Award in the Greater Washington Region. According to Ernst & Young LLP, the awards program recognizes entrepreneurs who demonstrate extraordinary success in the areas of innovation, financial performance and personal commitment to their businesses and communities. Mr. Adams was selected as a finalist from nearly 100 nominations by a panel of independent judges. Award winners will be announced at a special gala event on Thursday June 19, 2008 at the Ritz Carlton, Tysons Corner.
Rosetta Stone began providing language-learning solutions in 1992 as Fairfield Language Technologies. Named after the legendary artifact that unlocked the secrets of Egyptian hieroglyphics, Rosetta Stone unlocks language-learning success for millions of users worldwide. As CEO, Tom Adams protects and expands the company’s vision by harnessing his own passion for language-learning to make Rosetta Stone a global brand. “With globalization becoming part of our daily conversations, there is a heightened awareness for what Rosetta Stone has to offer,” noted Adams. “We’re poised to change how people learn languages, and the way we do it is so second nature, it’s something anyone can do. And, of course, there’s nothing more inspiring than seeing customers experience language learning success.”
The Ernst & Young Entrepreneur Of The Year awards program celebrates its 22nd anniversary this year. The program has expanded to recognize business leaders in over 135 cities in 50 countries throughout the world.
Regional award winners are eligible for consideration for the Ernst & Young Entrepreneur Of The Year 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.
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
Rosetta Stone Inc. is the leading provider of language-learning software. Acclaimed for the speed, power and effectiveness of its Dynamic Immersion® method, Rosetta Stone has revolutionized language learning. While teaching more than 30 languages to millions of people in more than 150 countries throughout the world,
Rosetta Stone 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. 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 www.RosettaStone.com.
About Ernst & Young’s Entrepreneur Of The Year
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.
|"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Rosetta Stone PR's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.|