Location Labs Founder and CEO Tasso Roumeliotis Named Ernst & Young Entrepreneur Of The Year® 2011 Northern California Award Finalist

“I applaud our team, which has worked tirelessly to make this vision a success. We look forward to helping many more millions of families achieve peace of mind through our solutions.”

Emeryville, Calif., May 20, 2011 - Location Labs today announced that Founder and CEO Tasso Roumeliotis is an Ernst & Young Entrepreneur Of The Year® 2011 Northern California Award finalist. According to Ernst & Young LLP, the awards program recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. Tasso was selected as a finalist from more than 160 nominations by a panel of independent judges. Award winners will be announced at a special gala event on Sat., June 25 at the Fairmont San Jose.

Being named as a finalist in Ernst & Young’s Entrepreneur of the Year program for Northern California is an honor and a testament to years dedicated to establishing Location Labs as a world leader in innovative mobile location and family safety products,” said Roumeliotis. “I applaud our team, which has worked tirelessly to make this vision a success. We look forward to helping many more millions of families achieve peace of mind through our solutions.

The Ernst & Young Entrepreneur Of The Year Program celebrates its 25th anniversary this year. The program has expanded to recognize business leaders in more than 140 cities and more than 50 countries throughout the world.

Regional award winners are eligible for consideration for the Entrepreneur Of The Year National Award. Award winners in several national categories, as well as the Entrepreneur Of The Year overall National Award winner, will be announced at the annual awards gala in Palm Springs, Calif., on Nov. 12, 2011. 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, which will be held Nov. 9–13, 2011.

About Location Labs

Location Labs is the leader in mobile personal safety, offering consumer products that enhance the personal safety of millions of users. With the most powerful family location services and the only carrier-grade no-texting-while driving solutions, Location Labs’ products fulfill the primal need of parents to protect their loved ones.

The company operates the world's most successful mobile location-based personal safety services, powering nearly a dozen family safety products for Tier 1 carriers, including AT&T, Sprint, and T-Mobile. Recent accolades include: Semifinalist in Ernst & Young’s Entrepreneur of the Year® Award 2011 Northern California, 2010 Inc. 500 list of America's Fastest Growing Private Companies and San Francisco Business Journal's “Fastest Growing Privately Held Companies.”

The company has raised $26MM in venture financing from Draper Fisher Jurvetson, BlueRun Ventures (formerly Nokia Venture Partners), QUALCOMM Ventures, Intel Capital, and Mitsui Ventures. More information: http://www.LocationLabs.com

About Ernst & Young Entrepreneur Of The Year®

Ernst & Young Entrepreneur Of The Year® is the world’s most prestigious business award for entrepreneurs. The unique award makes a difference through the 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, 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 140 cities in more than 50 countries.

About Ernst & Young

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 141,000 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 their potential.

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 LLP is a client-serving member firm of Ernst & Young Global Limited operating in the US. For more information about our organization, please visit www.ey.com.

News / Press Releases