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GMI CEO Named Software & Technology Winner in Ernst & Young Entrepreneur Of The Year® 2005 Award

SEATTLE - June 29, 2005 – Rob Monster, GMI, Inc. GMI (Global Market Insite, Inc.) was named Ernst & Young Entrepreneur Of The Year for the Pacific Northwest, in the Software and Technology category. Monster was selected from 19 finalist companies by an independent panel of judges comprised of local business, academic and community leaders and was announced at an award banquet on June 23, 2005 at the Sheraton Seattle Hotel & Towers.

“I set out to redefine the market research landscape and it is truly validating to have the companies efforts recognized by such a revered judging panel, ” said Monster. “My own frustrations traveling the globe as a product development manager for Proctor & Gamble helped me realize the concept of our Net-MR software and today, just six years later, I am proud to boast that our product helps 500 clients in more than 40 countries”

Monster founded GMI in 1999 to develop a solution for a growing market need: an efficient, cost effective way to collect data and deliver it to decision makers in real time. During his time at Proctor & Gamble he realized the opportunity after managing multiple projects in different time zones and utilizing several suppliers, which left him logging in excess of 800,000 airline miles a year.

After building GMI and developing the first version of the company’s Net-MR software in 2001, the market crashed and private funding quickly became hard for most Internet companies to successfully secure. Faced with no capital and little financial promise on the horizon, Monster hit the road to sell GMI’s newly developed online software. After six months, the company was debt-free.

Today, GMI’s clients include 15 of the world’s 25 largest market research firms, such as Gartner, Burke, and Fortune 500 companies, including Colgate-Palmolive, Principal Financial Group, John Deere and Ernest & Julio Gallo Winery. At the end of April, the company announced that it had closed $13.2 million in venture capital funding – one of the largest investments of the last year in the Seattle region.

Monster will be eligible for consideration for the Entrepreneur Of The Year 2005 national program. Winners in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year, will be announced at the annual awards gala in Palm Spring, Calif. on November 19, 2005.

About The Ernst & Young Entrepreneur Of The Year® Program

The Ernst & Young Entrepreneur Of The Year Program was created and is produced by professional services firm Ernst & Young LLP. As the first award of its kind, Ernst & Young Entrepreneur Of The Year 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.

About GMI

GMI is the only company that provides integrated Internet applications for global market research, including Net-MR software, 24x7x365 service bureau capabilities and double opt-in managed panels to provide a single vendor solution for global sample. One of the world’s largest panels, GMI offers 200 country panels, more countries than any other supplier. Rounding out the solutions, GMI also offers the GMI Poll, the only survey that polls global opinions in real time, on-line, and with statistically accurate results. Founded in 1999, GMI has operations on five continents. More information is available at www.gmi-mr.com.

About Ernst & Young

Ernst & Young, a global leader in professional services, is committed to restoring the public’s trust in professional services firms and in the quality of financial reporting. Its 100,000 people in more than 140 countries around the globe pursue the highest levels of integrity, quality, and professionalism to provide clients with solutions based on financial, transactional, and risk-management knowledge in Ernst & Young's core services of Audit, Tax, and Transaction Advisory Services. Ernst & Young practices also provide legal services in some parts of the world where permitted. Further information about Ernst & Young and its approach to a variety of business issues can be found at www.ey.com/perspectives.