DynTek CEO Ron Ben-Yishay Named Ernst & Young Entrepreneur Of The Year(R) 2011 Award Semi-Finalist in Orange County


NEWPORT BEACH, CA--(Marketwire - Apr 12, 2011) - DynTek, Inc. (PINKSHEETS: DYNE), a leading provider of professional technology services, today announced that CEO Ron Ben-Yishay is a semi-finalist for the Ernst & Young Entrepreneur Of The Year® 2011 Award in Orange County. According to Ernst & Young LLP, the awards program recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities. Ben-Yishay was selected as a semi-finalist from nearly 60 nominations by a panel of independent judges. Award winners will be announced at a special gala event on June 11 at the Hyatt Regency in Huntington Beach.

Since taking the helm at DynTek three years ago, Ben-Yishay has led the company to drive unprecedented results including:

  • Improving from almost $30M in losses to positive net income
  • Generating positive EBITDA every quarter
  • Completing a $16.4 million debt to equity conversion, removing the company's major debt liability
  • Reducing G&A expenses by 33% while improving productivity
  • Receiving industry recognition such as McAfee GHE Partner of the Year, Citrix Learning Center of the Year, Cisco Gold Star for Customer Service, CRN Tech Elite 250 List and Top 50 Fast Growth Up-and-Comer by Everything Channel

"I am honored to be recognized by this distinguished group," said Ben-Yishay. "I truly believe this distinction is a result of the entire team at DynTek, who through their commitment to excellence and positive performance, has enabled us to drive the financial results that garner this kind of attention."

The Ernst & Young Entrepreneur Of The Year awards program celebrates its 25th anniversary this year. The program has expanded to recognize business leaders in over 140 cities and over 50 countries throughout the world.

Regional award winners are eligible for consideration for the Ernst & Young LLP Entrepreneur Of The Year national program. Award winners in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year award winner, will be announced at the annual awards gala in Palm Springs, California on November 12, 2011. The awards are the culminating event of the Ernst & Young Strategic Growth Forum, the nation's most prestigious gathering of high-growth, market-leading companies, and is held from November 9-13, 2011.

Sponsors
Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year awards are pleased to have the Ewing Marion Kauffman Foundation as a national sponsor.

In Orange County, sponsors include:
Platinum:
Stradling, Yocca, Carlson & Rauth
Marsh
Union Bank
ADP
Gold:
Quality Systems, Inc.
Strategic Equity Group
Silver:
Orange County Business Journal
Hilary Kaye Associates
Scherzer International
RR Donnelly

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

Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young LLP is a client-serving member firm of Ernst & Young Global Limited located in the U.S.

About DynTek
DynTek is a leading provider of professional technology services to mid-market companies, such as state and local governments, educational institutions and commercial entities in the largest IT markets nationwide. From virtualization and cloud computing to unified communications and collaboration, DynTek provides professional technology solutions across the three core areas of our customers' technical environment: Infrastructure/Data Center, Microsoft Platforms and End Point Computing. DynTek's multidisciplinary approach allows our clients to turn to a single source for their most critical technology requirements. For more information, visit http://www.dyntek.com.

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