OHS Canada Magazine

Press Release

Syntex Executive Named Entrepreneur Of The Year Finalist


Stough Recognized Amongst Leading Regional Industrialists

Houston, TX — Houston’s Independent Panel of Judges for the 2003 Ernst & Young Entrepreneur of the Year Awards has named Syntex Management Systems’ Joe Stough as a finalist from more than 200 nominees. This Region’s finalists encompass seven varying categories: Business Services; Emerging; Energy & Energy Services; Financial Services; Health Services; Manufacturing, Distribution & Construction; and Technology & IT Services.

Stough will participate with four other nominees in the Technology & IT Services category. His competition includes Executives from BindView Corporation, Cimarron, Healthlink Incorporated and Vector ESP, Inc. Finalists will be recognized, and Award Recipients announced during an Awards Banquet on June 26, 2003 at the Hyatt Regency in Houston.

In their own words, “Each year Ernst & Young, through its Entrepreneur Of The Year Awards, seeks to recognize great business achievements around the world. Such accomplishments are made possible by the entrepreneurial spirit – the incredible depth and character that entrepreneurs possess as they develop new technologies, create faster ways to distribute goods and services, and improve the quality of life for people around them.”

Stough is the Founder, Chairman and CEO of Syntex Management Systems, a multi-million dollar software company specializing in the design, development, and delivery of enterprise performance management systems. Raised in Lake Charles, Louisiana, as he chased his dream of becoming a professional baseball player Stough became fascinated with using database applications to incorporate into baseball statistics. Stough later leveraged his experiences and motivation to fulfill a niche in the database software application marketplace, creating solutions that successfully apply mathematical concepts and software technology to key functions of the enterprise for advanced performance management.

Today, Stough and Syntex are realizing his vision as their flagship product, the IMPACT Safety Performance Management System, is leading both domestic and international marketplaces for environmental, health, and safety (EH&S) performance management software solutions. The largest oil and gas companies in the world have selected IMPACT Safety to achieve new levels of performance through the system’s unique vision of loss control management, bringing proactive and reactive processes together with mathematical measures to enable effective decision-making, and true performance improvement. Syntex’s Vice President of Marketing, Catherine Parrino, added, “Joe Stough’s leadership has been paramount to Syntex’s success. From innovative vision and technical acumen to setting the strategic direction of our IMPACT product line, Joe motivates and inspires employees, clients and partners, always leading and challenging us to reach new heights of performance.”

Achieving consistent top line growth of more than 50 percent over the past three years, for a young entrepreneur of 35 years, Stough’s insight, business acumen and success rivals those with decades of experience.

Ernst & Young presents its Annual Entrepreneur Of The Year Award to the most successful and innovative entrepreneurial business leaders in more than 30 countries around the globe. Houston’s Entrepreneur of the Year Program is one of 38 Regional Programs. Regional Award Winners are eligible for the National Entrepreneur Of The Year Awards Program. The 17th Annual National Entrepreneur Of The Year Awards will be held at J.W. Marriott’s Desert Springs Resort & Spa in Palm Springs from November 20th through 23rd, 2003, where the National Finalists and Winners will be named.

About Syntex Management Systems, Inc.

Syntex Management Systems is a leading provider of Performance Management Solutions that enable discovery and removal of exposures before they result in organizational loss. The IMPACT Enterprise Suite of Performance Management Solutions is a seamlessly integrated Suite of Software Solutions developed to provide comprehensive risk management and loss control that directly enable performance improvement across all domains of the Enterprise. With offerings for both Site and Enterprise-level deployments, IMPACT Safety and IMPACT SafetyPro provide facilitation of key proactive and reactive business processes for driving EH&S performance improvement in organizations varying from small to global in size. Company background information may be found at www.syntexsolutions.com.

For More Information, Contact:

Dawn Fontenot
T: 832-476-5502 (direct) / F: 832-476-5555

Syntex Management Systems, Inc.
URL: www.syntexsolutions.com


Print this page