REDWOOD SHORES, Calif., June 4, 2012 /PRNewswire/ -- Ernst & Young LLP today announced that Matthew Monahan and Brian Monahan, CEO & Co-Founder and Chief Idea Guy & Co-Founder of Inflection, a leading Big Data startup, received the Ernst & Young Entrepreneur Of The Year® 2012 Award in the Technology Services category in Northern California. The award recognizes outstanding entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. Matthew Monahan and Brian Monahan were selected by an independent panel of judges, and the award was presented at a special gala on June 2nd at The Fairmont San Francisco.

"While my brother and I are honored by the award, the real winners are our entire team. It takes a village to raise a business, and nowhere is that adage more obvious than at Inflection," said CEO Matthew Monahan. "We're humbled to have convinced so many brilliant and talented folks to share in our vision. This truly is for them. Thanks!"

Now in its 26th year, the Ernst & Young Entrepreneur Of The Year Program has honored the inspirational leadership of such entrepreneurs as Jeff Bezos of Amazon.com, Michael Dell of Dell Inc., Herb Kelleher of Southwest Airlines, Fred Smith of FedEx, Larry Page and Sergey Brin of Google, Richard Schulze of Best Buy, Andrew Mason of Groupon, Mindy Grossman of HSN, Inc., Reid Hoffman and Jeff Weiner of LinkedIn, and many more.

As Northern California award winners, Matthew Monahan and Brian Monahan are now eligible for consideration for the National Entrepreneur Of The Year 2012 Award. Award winners in several national categories, as well as the National Entrepreneur Of The Year Overall Award winner, will be announced at the annual awards gala in Palm Springs, California, on November 17, 2012. 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.

Sponsors

Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are nationally sponsored in the United States by SAP America and the Ewing Marion Kauffman Foundation.

In Northern California, sponsors include ManpowerGroup, The Big Picture, Smart Business Network, Inc., ADP, RoseRyan, Scherzer International, Orrick, Herrington & Sutcliffe LLP, and Barney & Barney.

About Inflection

Inflection is a Big Data and e-commerce startup headquartered in the heart of Silicon Valley. Leveraging its proprietary technology platform, the company has built innovative data services like Archives.com, PeopleSmart.com, and Identity.com. Inflection was founded in 2006 and is backed by tier-one venture capitalists Josh Hannah of Matrix Partners and Greg Sands of Sutter Hill Ventures.

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 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, 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 140 cities in more than 50 countries.

CONTACT: Julie Hill, 650.618.9910

SOURCE Inflection