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20-may-2004  |  FOR IMMEDIATE RELEASE  

 

Executives at The Network Named Regional Finalists For Ernst & Young Entrepreneur Of The Year® 2004 Award

Norcross, Georgia, May 20, 2004

The Network Inc., a leading supplier of ethics hotlines and insurance claim reporting services, announced today that Tony Malone, CEO and Julio Cantillo, President and COO, were named as finalists in the Technology Category by professional services firm Ernst & Young LLP for the Ernst & Young 2004 Entrepreneur Of The Year Awards in the Southeast Area. The Network was selected from over 100 nominations across Alabama, Georgia and Tennessee by a panel of judges comprised of area community and business leaders. Regional award recipients in seven categories will be announced at a banquet on June 17, 2004 in Atlanta.

Since 1998, Malone and Cantillo transformed The Network from a relatively small business to a leading supplier of reporting services relied upon by 40 percent of the Fortune 500. Last year alone, The Network added 449 new clients.

This success was due mainly to The Network’s development of proprietary software that enables the company to perform quality assurance in real-time during a telephone interview. This process helps maintain exceptionally high levels of quality for all of the company’s reporting services, even during periods of accelerated growth.

The first generation of The Network’s system, NetClaim, was developed to handle highly customized insurance claim reporting programs for some of the world’s largest employers. The Network then built new applications based on NetClaim’s core functionality to support other reporting services, such as anonymous hotlines. This set the stage for rapid growth.

“This honor is a tribute to the dedication and hard work of the entire company,” said Malone. “It reinforces our belief in using technology-based solutions to provide superior reporting services. We are all exceptionally pleased that The Network is gaining widespread recognition.”

Added Cantillo, “Several years ago, we saw the need for a system like NetClaim. Its development provided The Network with a strong competitive advantage and the corporate world with a scalable platform that greatly improved the effectiveness of our services.”

About The Network

The Network (www.tnwinc.com) has helped clients collect information and address critical issues such as ethics, risk management and service quality for more than 20 years. The company provides services such as hotlines, insurance claim reporting and employee communications to 1,600 companies, including 40% of the Fortune 500.

About The Ernst & Young Entrepreneur Of The Year® Awards Program

The Entrepreneur Of The Year awards 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.

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