The Knot Inc. CEO David Liu Named Ernst & Young Metro New York Enterpreneur of the Year 2008 Award Winner
Award Recognizes Entrepreneurial Excellence in E-Services Category
NEW YORK–(BUSINESS WIRE)–July 2, 2008–NASDAQ: KNOT, a leading lifestage media company, today announced that David Liu, CEO received the Metro New York Ernst & Young Entrepreneur Of The Year(R) 2008 Award in the E-Services category. According to Ernst & Young LLP, the award recognizes outstanding entrepreneurs who are building and leading dynamic, growing businesses. Liu was selected by an independent panel of judges, and the award was presented at a gala event at the Marriott Marquis, Times Square, New York on Thursday June 26.
“I am thrilled and honored to receive this award from Ernst & Young and to be recognized among such an accomplished and diverse group of fellow entrepreneurs,” said David Liu, CEO of The Knot Inc. “I share this award with the incredibly talented employees at The Knot, who every day contribute the creative energy and continued innovation that has established The Knot Inc. as a leader in the digital media category.”
The Knot Inc. is a cross-platform lifestage media company that helps couples access information, products and services as they journey through the emotionally powerful lifestages of engagement, newlywed nesting and first-time pregnancy.
Under the guidance of David Liu, the company’s flagship brand, The Knot, has become the most comprehensive wedding resource both on – and offline, attracting the largest audience of engaged couples in the world. With brand extensions in books, print magazines, merchandise and television, the company’s cross-platform strategy attracts consumers in all forms of media. Newlywed brand, The Nest, and first-time parenting resources, The Bump and LilaGuide, are designed to provide the same quality of information and resources to this audience after their wedding day as they consider the major purchase decisions that accompany building a home and planning for a child.
The Ernst & Young Entrepreneur Of The Year awards celebrate their 22nd anniversary this year. The program honors entrepreneurs who have demonstrated exceptionality in such areas as innovation, financial performance and personal commitment to their businesses and communities.
“Ernst & Young is pleased to honor outstanding business leaders” said Joseph Capparelli, Ernst & Young Entrepreneur Of The Year Program Director for Metro New York”. “Winners of the Entrepreneur Of The Year award build leading businesses and contribute a great deal to the communities around them. Their success helps our area grow stronger.”
As a Metro New York award winner, Liu is now eligible for consideration for the Ernst & Young Entrepreneur Of The Year 2008 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 the Metro New York Area, local sponsors include Platinum Sponsors HSBC, Marsh and Russell Reynolds Associates; Gold Sponsors Curran & Connors and Scherzer International and Silver Sponsors Bowne, WilmerHale and Withum Smith + Brown.
About The Knot Inc.
The Knot, Inc. (NASDAQ: KNOT; www.theknot.com), is a leading lifestage media company. The Company’s flagship brand, The Knot, is the nation’s leading wedding resource, reaching well over a million engaged couples each year through the #1 wedding website TheKnot.com. Other products from The Knot include The Knot national and local magazines, The Knot books (published by Random House and Chronicle) and television programming bearing The Knot name (aired on the Style and Comcast Networks). The Company also owns WeddingChannel.com, the most visited wedding gift registry website. The Company’s brand, The Nest focuses on the newlywed-to-pregnancy lifestage, with the popular lifestyle website TheNest.com, a home decor book series with Clarkson Potter, The Nest magazine and baby offshoot The Bump and LilaGuide. Also under The Knot, Inc. umbrella are WeddingTracker.com; GiftRegistryLocator.com; party planning site PartySpot.com; teen-oriented PromSpot.com; and local baby services and community site LilaGuide.com. The Knot, Inc. is based in New York and has several other offices across the country.
About the Ernst & Young Entrepreneur Of The Year Awards
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.
About Ernst & Young
Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 130,000 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 potential.
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This news release has been issued by Ernst & Young LLP, a member firm of Ernst & Young Global Limited.
SOURCE: The Knot, Inc.