Bob Lederer Named Entrepreneur of the Year!

BRIDGEPORT, CT - June 29, 2001- Prime Resources Corporation, a Counselor Top 25 Supplier and ASI Spirit Award winner for "Customer Service Team of the Year," is proud to announce that its founder and CEO, Bob Lederer, has been named Ernst & Young's Entrepreneur of the Year for Southwest Connecticut/New York Hudson Valley. The announcement took place at a gala black-tie event held at the Hyatt Regency in Greenwich, Connecticut on Thursday, June 28, 2001. Ernst & Young is one of the world's largest professional services companies. Co-sponsoring the event were USA Today, Nasdaq, CNN, CitiGroup, Marsh, and Curran & Connors. Mr. Lederer's wife, Gail, and two sons, Rob and Jeff, were in attendance to see him accept the award.

"Not only was it a tremendous honor to have been nominated and then named a winner, but it meant so much to me for my family to join me at the event," exclaimed Lederer.

This award was created by Ernst & Young to recognize outstanding entrepreneurs whose achievements place them among the leaders in business. The selection of the winner is determined by a panel of independent judges based on factors that includes risk, management quality, innovation, pace of growth, personal commitment and future potential. Together, these factors exemplify the unique characteristics that set the individual apart.

"Entrepreneur Of The Year award recipients ultimately improve the quality of life in communities around the world by proving that exceptional ideas are forever worthy of pursuit," notes Gregory K. Ericksen, Chairman of the Ernst & Young Entrepreneur Of The Year Institute. "Not only are their products and services generating jobs and pushing their respective industries to the next level of innovation and growth, they are changing the way future generations will see the world."

Led by Bob Lederer, Prime Resources Corporation strives to provide the best service and product offering in the industry and is "Your Global Source for Products That Promote."