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BizRate.com's President & CEO, Chuck Davis, Receives Ernst & Young Entrepreneur Of The Year Award

LOS ANGELES--(BUSINESS WIRE)--June 30, 2004--BizRate.com, the leading shopping search and comparison shopping site, announced today that Chuck Davis, its President & CEO, has been named the 2004 Greater Los Angeles Ernst & Young Entrepreneur Of The Year(R) Award in the Business Services category. The award was presented during a regional celebration at the Beverly Hills Hilton on June 29, 2004.
The Entrepreneur Of The Year Award was created by Ernst & Young to recognize outstanding individuals on a regional, national and ultimately global level. Awards are given to entrepreneurs who have demonstrated excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities. An independent judging panel consisting of community and business leaders selects the winners.

Tax Software BizRate.com has been one of a handful of success stories among Internet startups and, in particular, in the online shopping search space. Under Davis' leadership, BizRate.com became profitable early in 2002 and is among the fastest-growing Internet e-commerce companies, with revenues doubling in each of the last two years. More than 9.2 million(a) consumers visit BizRate.com each month and its search engine boasts approximately 30 million products and 45,000 stores. Davis joined in late 1999 and led the transformation of BizRate.com from an online ratings firm to a fast-growth consumer shopping search site.

In 2000, Peter received an Ernst & Young Entrepreneur of the Year award for his work at drugstore.com.

Software Tax "On behalf of BizRate.com's employees and investors, I am honored to accept this award," Davis said. "Our founders, Farhad Mohit and Henri Asseily, had the vision in 1996 to build the largest and most consumer-centric shopping search engine and, together, we accepted this award as a validation of all of our work. We thank our millions of loyal shoppers, Ernst & Young, and the judges for recognizing BizRate.com's product excellence and its success as a fast-growing and profitable company.

Ernst & Young Press Release May 4, 2004 Scott Savitz, Shoebuy.com, Inc. - Ernst & Young Entrepreneur Of The Year Finalist "Ernst & Young LLP announced today the selection of Finalists for the New England Entrepreneur Of The Year(R) Awards, one of the most prestigious business award programs in the world.. 'It is our honor and pleasure to recognize this diverse group of entrepreneurs for their ability to innovate, develop and cultivate groundbreaking business models, products and services, ' said Bryan Pearce, Ernst & Young Venture Capital Advisory Group Leader and host of the 2004 New England Ernst & Young Entrepreneur Of The Year(R) Awards. 'Through the recognition of these outstanding entrepreneurs, we celebrate the dynamic, diverse economy of New England, comprised of exceptional business leaders, whose contributions drive today's economy and tomorrow's opportunities.'"

Every Landlord Tax Deduction "While we have achieved a lot in a short time span, we also recognize that online shopping is still only in the second inning of a nine-inning game," commented Davis. "BizRate.com is dedicated to enhancing its industry-leading shopping search engine so that more consumers start their shopping at BizRate.com. As a local employer, we are committed to making BizRate.com the most fun and rewarding place to work in Los Angeles. We value our employees immensely, and are ramping up our local headcount in the second half of 2004."

Ernst & Young Press Release May 4, 2004 Scott Savitz, Bagsbuy.com, Inc. - Ernst & Young Entrepreneur Of The Year Finalist "Ernst & Young LLP announced today the selection of Finalists for the New England Entrepreneur Of The Year(R) Awards, one of the most prestigious business award programs in the world.. 'It is our honor and pleasure to recognize this diverse group of entrepreneurs for their ability to innovate, develop and cultivate groundbreaking business models, products and services, ' said Bryan Pearce, Ernst & Young Venture Capital Advisory Group Leader and host of the 2004 New England Ernst & Young Entrepreneur Of The Year(R) Awards. 'Through the recognition of these outstanding entrepreneurs, we celebrate the dynamic, diverse economy of New England, comprised of exceptional business leaders, whose contributions drive today's economy and tomorrow's opportunities.'"

Tax Help "Entrepreneur Of The Year Award winners embrace the entrepreneurial spirit and determination needed to achieve success," said Tony Radaich, Ernst & Young Entrepreneur Of The Year Program Director for Greater Los Angeles. "Ernst & Young is proud to recognize and support these leaders and their companies."

"As online retailing operations become more sophisticated each year, and consumer satisfaction needs are become more demanding, we are particularly pleased to pay tribute to the outstanding 8% of merchants who actually exceeded this year industry average, " said Chuck Davis, president and CEO of BizRate.com. "While the majority of BizRate. day in and day out, breaking level of online orders were placed. Several merchants are four third time winners, indicating an incredible commitment to customer satisfaction, added Davis.

Help Tax BizRate.com is now eligible for consideration for the 2004 National Entrepreneur Of The Year program. Winners in several national categories, as well as the overall National Ernst & Young Entrepreneur Of The Year, will be announced at the awards gala in November in Palm Springs, California.

President and Chief Executive Officer With an educational background in management and finance, Bishop has excelled in business and in the community throughout his career. Dollar, year period. In acknowledgment of Bishop's role in the success of Greenbacks, he was awarded the Ernst & Young Entrepreneur of the Year Award in 2001. Under Bishop's leadership, Greenbacks was sold to Dollar Tree in July of 2003 for more than $100 million. Prior to starting Greenbacks, founder of FranklinCovey.

Ernst Ernst Guide Guide Tax About The Entrepreneur Of The Year(R) (EOY) program

Tax Return The Entrepreneur Of The Year(R) (EOY) program, founded by Ernst & Young in 1986, was created to celebrate the accomplishments of the world's outstanding entrepreneurs and to make the public more aware of the benefits they provide to our society. Regional EOY programs are held in 37 U.S. locations and over 35 countries around the world. You can learn more about the EOY program through our Web site at www.ey.com/us/eoy.

Return Tax Entrepreneur Of The Year and logo are registered service marks of Ernst & Young LLP.

Guide Guide Master Master Tax About BizRate.com

Tax Preparation BizRate.com is the largest, fastest and most accurate shopping search engine on the Web. With an index of approximately 30 million products from 45,000 stores, BizRate uses ShopRank(TM), a proprietary shopping search algorithm, to produce the industry's most relevant search results by weighing price, popularity and availability of products, against the reputations of merchants that sell them. At the heart of ShopRank(TM) are BizRate's signature merchant and product ratings, collected from more than one million online buyers each month making them the most statistically reliable ratings on the Web. Every week, the BizRate.com shopping search engine prepares millions of shoppers to make smarter, more confident purchases and sends them directly to the checkout page of thousands of online merchants. Founded in 1996, BizRate.com is a profitable company.

Preparation Tax (a) Unique Visitors according to May 2004 data from comScore Networks.

Employer Tax Guide Contacts

Tax Services
BizRate.com
Helen Malani, 310-754-1280
hmalani@bizrate.com
or
Ernst & Young's Entrepreneur Of The Year(R)
1-800-755-AWARD

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