myYearbook Co-founder Catherine Cook and CEO Geoff Cook Named Ernst & Young Entrepreneur Of The Year® 2011 Greater Philadelphia Award Winners

Award Recognizes Entrepreneurial Excellence in the Greater Philadelphia Area

NEW HOPE, Pa.--(BUSINESS WIRE)--myYearbook (www.myyearbook.com), the best place to meet new people, today announced that its co-founder Catherine Cook and CEO Geoff Cook both received the Ernst & Young Entrepreneur Of The Year^® 2011 Greater Philadelphia Award. According to Ernst & Young LLP, the award recognizes outstanding entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. Catherine and Geoff were selected by an independent panel of judges, and the award was presented at a gala event at the Loews Hotel on June 15.

“After six years of building myYearbook into a profitable business with $30 million in revenue, we are thrilled to be recognized by such a prestigious organization”

“After six years of building myYearbook into a profitable business with $30 million in revenue, we are thrilled to be recognized by such a prestigious organization,” said Catherine Cook. “We have big mobile plans this year with 40 percent of our visits now coming from mobile. We plan to mark the next six years, continuing our pursuit in making myYearbook the best place to meet new people, online and on mobile devices.”

“We are deeply honored to have won – these awards may credit the entrepreneur but it's the team that should be honored,” said Geoff Cook. “It's the team that builds the product, the business, and will help carry us where we are going tomorrow. myYearbook has one of the best teams in the social space, and it's a privilege to come to work every day and create amazing products with them.”

The Ernst & Young Entrepreneur Of The Year Awards Program celebrates its 25th anniversary this year. Past award winners have included Howard Schultz of Starbucks Coffee Company, Arthur M. Blank of AMB Group, LLC (Home Depot, Atlanta Falcons), Pierre Omidyar of eBay, Inc., Ruth Fertel of Ruth’s Chris Steak House, Inc., Maxine Clark of Build-a-Bear Workshop, Tom Adams of Rosetta Stone Inc., Matt Szulik of Red Hat, Inc., and last year’s national winner, Howard Lutnick, Chairman and CEO of Cantor Fitzgerald and BGC Capital Partners, Inc.

As Greater Philadelphia award winners, Catherine and Geoff are now eligible for consideration for the Ernst & Young Entrepreneur Of The Year 2011 National Award. Award winners in several national categories, as well as the overall Ernst & Young Entrepreneur Of The Year National Award winner, will be announced at the annual awards gala in Palm Springs, California, on November 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 November 9–13, 2011.

Sponsors

Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are pleased to have the Ewing Marion Kauffman Foundation as a national sponsor.

In Greater Philadelphia, local sponsors include SAP; ParenteBeard LLC; Sovereign Bank, a subsidiary of Banco Santander, S.A.; Ballard Spahr LLP; Morgan Lewis; Pepper Hamilton LLP; Experis (formerly Jefferson Wells International); Murray, Devine & Company, Inc.; NSM Insurance Group; SolomonEdwardsGroup LLC; Merrill Corp; and Philadelphia Business Journal.

For more information about the program, please visit www.ey.com/us/eoy.

About myYearbook

myYearbook makes meeting new people fun and easy online and on your mobile phone. myYearbook combines innovative social games, virtual goods, social applications, and a robust virtual currency called "Lunch Money" to facilitate introductions and break the ice. myYearbook started in a single high school in 2005 and has grown to over 25 million members worldwide. For more information please visit: www.myYearbook.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.