Portable Fuel Cell Company Founders Amongst Finalists for Ernst and Young Entrepreneur of the Year 2006

Jadoo Power Systems Inc., the leading supplier of portable fuel cell power systems, announced today that Co-Founders Larry Bawden and Muralidharan “Lee” Arikara were named as finalists in the “Ernst & Young Entrepreneur of the Year 2006 Award” for Northern California.

According to Ernst & Young, the awards program was designed to recognize outstanding entrepreneurs on a regional, national, and global level, who are building and leading dynamic and growing businesses. Mr. Bawden and Mr. Arikara were selected as finalists by a panel of independent judges. Award winners will be announced at a special 20th anniversary gala event on June 16, 2006 at the Fairmont Hotel in San Francisco, California.

“Both Lee and myself are honored that we have been selected as finalists for the Entrepreneur of the Year 2006 Award,” said Larry Bawden, CEO and President. “We like to think that our success is only a reflection of the team and culture we have tried so hard to build here at Jadoo,” added Lee Arikara, VP Business Development.

The “Ernst & Young Entrepreneur of the Year Awards” program celebrates its 20th anniversary this year. 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.

The overall national “Ernst & Young Entrepreneur of the Year Award” winners will be announced at the annual awards gala in Palm Springs, California on November 18, 2006. The overall national “Entrepreneur of the Year Award” recipients are then considered for the world event held in Monte Carlo.

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