Entertainment Partners Named "ESOP Company of the Year"

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Tue Oct 13, 2009 6:26pm EDT

BURBANK, Calif.--(Business Wire)--
Entertainment Partners, a 100 percent employee owned company and the leading
provider of payroll and production management solutions for the entertainment
industry, has been selected by The ESOP (Employee Stock Ownership Plan)
Association as the "California/Western States Chapter 2010 ESOP Company of the
Year." 

The announcement was made during The ESOP Association`s California/Western
States Chapter Conference in Scottsdale, Arizona. With this title, Entertainment
Partners will be the Chapter`s nominee for the "National ESOP Company of the
Year Award" at the May 2010 national conference in Washington, D.C. In addition
to the top prize, Entertainment Partners was also recognized for Communications
Excellence, and its ESOP Communications Committee leader Justin Standard, a
senior programmer analyst, placed as a finalist for "Employee Owner of the
Year." 

The Award was based on an overall assessment of how Entertainment Partners,
which became 100 percent employee owned in 2004, has developed a culture of
employee ownership. Such factors as the company`s overall performance, client
service excellence practices, and employee-run committees (including a New Hire
Buddy Team, Our Voice Suggestion Box, and Green Committee), as well as a canned
food drive and a wide variety of community-based support programs, played a key
role in the Award selection. "The annual conferences are a great opportunity to
share best practices with other employee owned companies," cites Ron Cogan, Vice
President of Marketing and Communications for Entertainment Partners and
chair/advisor to its ESOP Committee, who accepted the Award on the company`s
behalf. "We have learned from some of the best and are happy to pass on our best
ideas." 

In May, Entertainment Partners was named first runner-up in the Annual Awards
for Communication Excellence by The ESOP Association. The ESOP Association,
founded in 1978, is a national non-profit membership organization with 18 local
Chapters, serving approximately 2,500 ESOP companies, professionals with a
commitment to ESOPs, and companies considering the implementation of an ESOP.
The Association is the only association devoted solely to ESOPs. Its primary
areas of focus are promoting and enhancing laws before Congress and regulatory
agencies and providing its members with educational ESOP programming and
information. Each October, the Association and the employee ownership community
celebrates the spirit of employee ownership. "It is a tremendous honor to
receive this recognition, and it encourages our employee owners to ask how each
of us can play a greater role in impacting our success and the experience our
clients receive," notes Entertainment Partners Chief Executive Officer, Markham
L. Goldstein. "What a great way to kick off employee ownership month." 

Entertainment Partners has been the leader in payroll and production services
for the entertainment industry for more than 30 years. Its Movie Magic
production software products, Movie Magic Budgeting and Movie Magic Scheduling,
are the industry standards for budgeting and scheduling - now with new features
and architecture. Virtual Production Office (VPO) is an online tool for users
anywhere in the world to access a variety of production documentation.
Entertainment Partners` Petty Cash Card streamlines the petty cash process
through debit card purchasing and online tracking/handling. Casting/payroll for
background actors is handled through the legendary Central Casting. The most
updated and comprehensive Production Incentives guidance and information is
provided through its complimentary printed guide, as well as at
www.productionincentives.com.Find out more at www.entertainmentpartners.com.

Media Contact:
Entertainment Partners
Ron Cogan, 818-955-6295
rcogan@entertainmentpartners.com
or
For additional information:
The ESOP Association
California/Western States Chapter
Cres Van Keulen, 415-459-2234
esop@vkam.com

Copyright Business Wire 2009

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