Vocus CEO Regional Winner in 2010 Ernst & Young Entrepreneur of the Year Awards

Sydney, 10th September 2010: ASX listed Vocus Communications (ASX:VOC) is delighted to announce that Vocus CEO, James Spenceley has been named the Eastern winner in the 2010 Ernst & Young Entrepreneur of the Year awards.

James Spenceley joins other outstanding entrepreneurs from across Australia who will compete for the ultimate prize of being named 2010 Australian Ernst & Young Entrepreneur of the Year.

In September 2007, James Spenceley sold his family home to fund a Telecommunications start-up. Less than three years later, Vocus Communications owns and operates global voice and data networks to rival many larger competitors. The Company has over 120 customers, including some of the biggest Internet brands such as Vodafone, iiNet, Internode, Yahoo and BigAir. The Company is also renowned for its customer service and performance, with 95% of customers agreeing they would give more business to Vocus if it offered more services.

James has been recognised for the performance of Vocus in its 2.5 years since he founded the Company. 

Listed on the ASX Vocus (ASX:VOC) in July this year, Vocus recently reported it’s accounts for the year ending 30 June 2010. EBITDA and Consolidated Profit Before Tax were $8.15 million and $5.69 million respectively, up641% and 501% over the previous year.For the full financial year to June 30 2010 Vocus achieved turnover of $17.48 million.
 
James Spenceley will join his fellow nominees representing NSW at the national award ceremony on November 24th where the national category winner will be announced.

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About Vocus (www.vocus.com.au)
 
Vocus Communications provides wholesale Voice and IP transit to Telecommunications companies and ISPs across Australia, NZ and the US.The company provides high performance, high availability, and highly scalable communications solutions which allow a service provider to quickly and easily deploy new services for their own customer base.
 

About Ernst &Young Entrepreneur Of The Year

Ernst & Young Entrepreneur Of The Year is the world’s most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential, and recognises the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognising them through regional, national and global awards programs in more than 135 cities in 50 countries.

The Ernst & Young Entrepreneur Of The Year program, launched in Australia in 2001, is one of the country’s leading business awards programs. It has so far recognised over 800 leading Australians for their entrepreneurial business success and each year, through its global program, acknowledges some 10,000 entrepreneurs worldwide. Founded and produced by Ernst & Young, the program in Australia is sponsored by Westpac (primary sponsor), Qantas (sponsor), GEON (print sponsor) and Austrade (supporter).

Further information about the Ernst & Young Entrepreneur Of The Year program can be found at ey.com/au/eoy.

Media enquiries:

Karen Tearney; Re:Public PR; karen@republic-pr.com; 0410 743 151

Corinne Cowlishaw; Corinne@vocus.com.au; 02 8999 8999