Young Entrepreneur Named a Finalist...

Ernst & Young announced yesterday that Sean Snyder, Co-Founder and Vice-President of Marketing of PREFERRED ONE INC., has been selected as a finalist in the 13th Annual Ernst & Young Entrepreneur of the Year® Award.

In his first year nominated, Mr. Snyder is one of three finalists in the Young Entrepreneur category chosen from an impressive list of nominees who demonstrate leadership, drive and innovation. "It is a great honour not only to be nominated but also to be selected as a finalist amongst a fine group of entrepreneurs. I am thankful to my team members who have helped take our company to the next level and build our vision of being a world class company. As well, I also thank both our customers and our retail partners who have all contributed to our growing success." says Mr. Snyder.

"The vision of Ontario's entrepreneurs drives our provincial economy in so doing strengthens Canada's place in the global market," says Joe Telebar, national and Ontario director of the Ernst & Young Entrepreneur of The Year® awards program. "The individuals who exemplify a commitment to excellence in growing their businesses and cultivating their success deserve to be celebrated" he said.

About PREFERRED ONE INC.

PREFERRED ONE INC. provides integrated marketing solutions in the form of loyalty and incentive programs. Currently PREFERRED ONE represents the largest retailer network in Canada, with over 200 national brand name retail partners.

PREFERRED ONE operates the Shop and Support Program, www.shopandsupport.ca, which provide sustainable fundraising solutions to non-profit groups across Canada. Participating non-profit groups encourage their supporters to shop using retailer gift cards, of which a percentage of the value is contributed to non-profit groups as fundraising for its various initiatives. The Program is helping hundreds of non-profit groups across Canada including schools, religious groups, community groups, sports clubs, and charitable organizations. The Shop and Support Fundraising Program has been approved by several major school boards, including Hamilton, Halton, Upper Grand and the Toronto District School Board, which is the largest board in Canada with over 500 schools.

About The Entrepreneur of The Year Awards®

The Entrepreneur of the Year® Award honours entrepreneurs who have demonstrated excellence and extraordinary success in areas such as innovation, risk taking, company development, financial performance and personal commitment to their businesses and communities. The program was founded by Ernst & Young to celebrate great entrepreneurs and heighten awareness of the economic impact of entrepreneurial ventures.