Parago CEO Juli Spottiswood Named Ernst & Young Entrepreneur Of The Year(R) 2009...

Parago CEO Juli Spottiswood Named Ernst & Young Entrepreneur Of The Year(R)
2009 Award Finalist in Southwest North Area

LEWISVILLE, Texas, May 19 /PRNewswire/ -- Parago, a leader in providing
rewards-based incentive programs to many Fortune 500 companies, today
announced that President and CEO Juli Spottiswood is a finalist for the Ernst
& Young Entrepreneur Of The Year(R) 2009 Award in the Southwest Area North
region. The prestigious awards program, now in its 23rd year, recognizes
entrepreneurs who demonstrate extraordinary success in the areas of
innovation, financial performance and personal commitment to their businesses
and communities.

Spottiswood was selected as a finalist from 72 nominations by a panel of
independent judges. Award winners will be announced June 27, 2009 at a
special black-tie event at the Majestic Theater.

"I am honored to be recognized by the notable Entrepreneur Of The Year program
that is focused on celebrating innovation, a central component of our mission
here at Parago," said Spottiswood. "I am very proud that our innovative
approach to reinventing the incentives industry has not only improved the
client and consumer experience, but also has helped us become one of the
largest consumer incentive providers in the country."

After joining Parago at its inception in 1999 as CFO, Spottiswood was promoted
to President and CEO in late 2006 and has enjoyed triple digit EBITDA growth
since that time. In less than three years Parago has evolved from a
check-based rebate processor to a full-service incentives company offering
everything from consumer incentives to employee, sales and channel partner
incentive programs utilizing a vast array of reward vehicles including open
loop prepaid cards.

The Ernst & Young Entrepreneur Of The Year awards program celebrates its 23rd
anniversary this year and has expanded to recognize business leaders in more
than 135 cities in 50 countries throughout the world. Regional award winners
are eligible for consideration for the Ernst & Young LLP Entrepreneur Of The
Year 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 November 14, 2009 at the annual awards gala in Palm Springs,
California. 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 Southwest Area North, sponsors include First United
Bank & Trust, Smith, Frank & Partners, Stagen, D CEO Magazine, Fort Worth
Business Press and the Journal Record.

About Parago
Parago is the innovative provider of reward-based incentives solutions that
deploy technology to drive better results from consumers, employees and sales
channels. Parago provides a full range of corporate and consumer incentive
programs to Fortune 500 companies. Its offerings include incentive solutions
targeted at customer acquisition and retention, employee performance
improvement and recognition programs and sales and channel incentives
solutions. Parago has distinguished itself in the rewards-based incentives
field for more than ten years by consistent reinvention of legacy approaches,
introducing 27 industry firsts and receiving three patents. Parago is based in
the Dallas/Fort Worth area. For more information visit www.parago.com

About Ernst & Young's Entrepreneur Of The Year(R) Awards Program
Ernst & Young's Entrepreneur Of The Year(R) Award is the world's most
prestigious business award for entrepreneurs. The 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, the Ernst & Young Entrepreneur Of The Year(R) award
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.

Available Topic Expert(s): For information on the listed expert(s), click
appropriate link.
Juli Spottiswood
https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=88106

SOURCE Parago

Erin Dolin, +1-303-204-4819, erin@fletchergroupllc.com, or Jennifer
Tramontana, +1-303-929-9636, jennifer@fletchergroupllc.com, both for Parago