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Press ReleasesErnst & Young Names Donald A. Holzworth Entrepreneur of the YearDURHAM, N.C., June 17, 2005—Constella Group, a rapidly growing professional health services company based in the United States, announced today that Donald A. Holzworth, founder, chairman and chief executive officer, was named Ernst & Young’s Carolinas Entrepreneur of the Year in the Health Services category at a banquet held in Charlotte, N.C., on Thursday, June 16.An independent panel of eight judges had previously selected Holzworth from hundreds of nominations as one of this year’s 30 finalists before naming him the winner in the Health Services category. “I am deeply honored to have been chosen for this award,” said Holzworth. “I accept this award on behalf of our employees who truly are the foundation for Constella’s success. Through their innovative ideas and solutions, they help us make the world a better place and help us deliver on our vision of enhancing human health around the world, every day.” “It is an inspiration to me to know that as my colleagues in the United States are ending their day, my colleagues in Asia are just waking up and beginning to solve some of the world’s most challenging health problems,” added Holzworth. Competing against Holzworth were John Campbell of Campbell Alliance (Raleigh, N.C.) and Ryan Dienst and Scott Ray of Global Medical Imaging, LLC (Charlotte, N.C.) Entrepreneur of the Year is one of the most prestigious award programs in the United States, recognizing entrepreneurs for their outstanding vision, leadership and ability to develop and grow successful businesses. Holzworth will now compete against other regional winners at the Ernst and Young national Entrepreneur of the Year program, which is being held in Palm Springs, Fl., in Nov.. The Carolinas' region included finalists from North Carolina and South Carolina. In addition to Holzworth, this year's winners and their categories included:
This announcement follows two critical ventures that the company announced earlier this year. In Jan., Constella acquired The Futures Group International (Futures Group), a global leader in providing public health and social programs for developing countries. The acquisition brought Constella one step closer to its ambitious vision of enhancing human health around the world, every day and to Holzworth's personal mission to deliver the best public health and social programs to developing countries. Constella now employs 1,100 staff dedicated to improving the health and safety of people across the globe. Coinciding with this acquisition, Constella secured $61 million in equity and debt capital-the company's first-ever institutional equity financing. Constella will use the funds to expand its services globally to its public- and private-sector clients and to grow its market presence across the health-care value chain. Holzworth, who retains majority ownership, will serve as chairman of a board of directors being created by himself with input from his leadership team and investors. In the past 12 months, Holzworth has grown Constella's workforce by more than 50 percent, adding 450 employees, four new offices, and 40 new project and client offices in 55 countries across the world. About Constella GroupConstella Group (www.constellagroup.com) is a leading provider of professional health services worldwide, dedicated to enhancing human health through innovative science, technology and knowledge solutions. Constella's three business units—Health Sciences, Clinical Informatics and Health Strategies—create and provide health intelligence to help industry and government clients identify and address critical issues affecting human health. More than 700 employees serve clients from company headquarters in DURHAM, N.C., and from offices in Research Triangle Park, N.C., Cambridge, Mass.; Atlanta; Morgantown, W.Va.; Bethesda, Frederick and Silver Spring, Md., and Herndon, Va. About Ernst & Young.
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