Ernst & Young Presents Entrepreneurial Award to MaxStream

MaxStream, the global leader in embedded wireless connectivity, has announced that the company’s founding executives have received the 2006 Ernst & Young Entrepreneur of the Year award in the technology category of the Utah region.

According to Ernst & Young, the award recognizes outstanding entrepreneurs who are building and leading dynamic Utah-based businesses. Brad Walters, Hugh Nielsen, Nick Mecham and David Steed were selected by an independent panel of judges, and the award was presented during the annual gala event at the Salt Palace Convention Center on June 16.

“Speaking on-behalf of the managing founders of MaxStream, we are honored to be recognized by Ernst & Young with this highly-esteemed award,” said Brad Walters, President & CEO of MaxStream. “The Utah technology industry is quickly becoming a global beacon for entrepreneurship and we are proud to play a role in this growing economy.”

Since being founded in 1999, MaxStream has experienced accelerating growth as the demand for embedded wireless communications technology has dramatically increased. MaxStream technology is incorporated by organizations ranging from small robotics manufacturers and security integrators, to multi-billion dollar military and industrial contractors. In 2005, MaxStream was ranked third in the Computers & Electronics category of the prestigious Inc 500.

The Ernst & Young Entrepreneur of the Year awards program celebrates its 20th anniversary this year and continues to honor entrepreneurs who have demonstrated excellence and extraordinary success in areas such as innovation, financial performance, and personal commitment to their businesses and communities.

As a Utah award recipient, MaxStream is now eligible for consideration for the Ernst & Young Entrepreneur of the Year 2006 national program to be held in Palm Springs, Calif. on November 18.

About MaxStream, Inc.
MaxStream is the leading worldwide developer of wireless modem networking for electronic devices. MaxStream provides wireless modem modules, stand-alone radio modems, RF design services, and supporting software. Products and services by MaxStream include designing, manufacturing and supporting wireless communications for embedded systems. For more information regarding MaxStream’s products and services, contact MaxStream, Inc. at or call (866) 765-9885.

About the Ernst & Young Entrepreneur of the Year Awards
The Entrepreneur of the Yearâ awards program was created and is produced by professional services firm Ernst & Young LLP. As the first award of its kind, the Ernst & Young Entrepreneur of the Year award recognizes outstanding entrepreneurs who are building and leading dynamic and growing businesses. The program honors entrepreneurs through regional, national and global award programs in over 100 cities and 35 countries.