Broadbus CEO Vin Bisceglia Named a Finalist for Ernst & Young Entrepreneur Of The Year Award

Broadbus CEO Vin Bisceglia Named a Finalist for Ernst & Young Entrepreneur Of The Year Award

Bisceglia recognized for fostering innovation and driving company's tremendous growth in the market for on-demand video solutions

BOXBOROUGH, Mass., April 26 /PRNewswire/ -- Broadbus Technologies, Inc., the leading provider of technology solutions for Television on Demand (TOD(R)), today announced that chief executive officer Vin Bisceglia has been named a finalist for the Ernst & Young Entrepreneur Of The Year(R) 2006 Award in the New England region. The award recognizes entrepreneurs who have demonstrated excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities.

"Broadbus has experienced significant success with more than sixty-five commercial video on-demand (VOD) deployments in less than two years," said Bisceglia. "This recognition from Ernst & Young is a testament to the Broadbus team's commitment to evolving the market as we continue to innovate with functionality such as time-shifted television, on-demand ad insertion and ultimately, full-scale Television On-Demand."

Now in its twentieth year, the Ernst & Young Entrepreneur Awards are selected by an independent Finalist Selection Committee composed of area business, academic and civic leaders. Award recipients will be announced at a special 20th anniversary gala event on June 15, 2006 at the Boston Park Plaza Hotel.

Regional award winners are eligible for consideration for the Ernst & Young Entrepreneur Of The Year 2006 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 18, 2006. The overall national Entrepreneur Of The Year award recipient is then considered for the world event held in Monte Carlo.

About Broadbus

Broadbus develops fully scalable, next-generation video on-demand solutions designed to solve streaming scale, space, power consumption and live ingest issues for communications service providers deploying advanced video services such as VOD, Time-Shifted TV, network-based DVR (nDVR), On-Demand Ad Insertion and ultimately, full-scale Television On-Demand (TOD). Broadbus offers a migration path to the emerging TOD environment, while fully exploiting existing upgraded broadband networks. The company's revolutionary solid-state server architecture, based on the intelligent configuration and management of massive amounts of dynamic random-access memory (DRAM), eliminates the use of mechanical hard drives for video streaming and ingest. The result is unparalleled performance, reliability and scalability for VOD and advanced on-demand services.

Broadbus was selected by Red Herring for inclusion into its annual list of Top 100 Private Companies, named for the second consecutive year to CED Magazine's Broadband 50, awarded Product of the Year by the Massachusetts Network Communication Council and listed as a finalist for Best Innovation in two categories for the first annual On-Demandies(TM) awards hosted by Digital Hollywood. For more information, please visit http://www.broadbus.com/.

Broadbus(R), TOD(R) and B-1(TM) are trademarks of Broadbus Technologies, Inc.

Source: Broadbus Technologies, Inc.

CONTACT: Jim Owens, Broadbus, +1-978-266-7264, jowens@broadbus.com;
Brian Baumley, Cohn & Wolfe, +1-212-798-9813, brian_baumley@cohnwolfe.com

Web site: http://www.broadbus.com/

-------
Profile: intent