Wednesday, July 13, 2005

Baxa Corporation’s Brian Baldwin Selected as Finalist for Ernst & Young 2005 Entrepreneur of The Year® Awards

Baxa Corporation’s Brian Baldwin Selected as Finalist for Ernst & Young 2005 Entrepreneur of The Year® Awards

Brian Baldwin, founder and Vice Chairman of Baxa Corporation, has been selected as a finalist for the Ernst & Young 2005 Entrepreneur of the Year® Awards. Nominated this year for the first time, Baldwin is one of 24 finalists in the Rocky Mountain Region selected from nearly 100 nominations by a panel of independent judges consisting of area leaders from business, academic and civic organizations.

Englewood, CO (PRWEB) June 16, 2005

Brian Baldwin, founder and Vice Chairman of Baxa Corporation, has been selected as a finalist for the Ernst & Young 2005 Entrepreneur of the Year® Awards. Nominated this year for the first time, Baldwin is one of 24 finalists in the Rocky Mountain Region selected from nearly 100 nominations by a panel of independent judges consisting of area leaders from business, academic and civic organizations. Award winners will be announced June 23rd at a banquet in the Donald Seawell Ballroom at the Denver Performing Arts Center. Local winners are eligible for the national Entrepreneur Of The Year 2005 awards, to be announced at the annual gala in Palm Springs, California in November. A complete list of Rocky Mountain finalists is available online: http://web002.ey. com/eoy/eoylook. nsf/AreaList/Rocky+Mountain+Region (http://web002.ey. com/eoy/eoylook. nsf/AreaList/Rocky+Mountain+Region).

Reflecting on his achievements, Brian notes, “Great companies don’t sell products, they offer systems that address specific customer problems.” He continues, “I’ve always been proud of what we’ve accomplished. To have our company recognized through this award nomination is exciting for me and for everyone at Baxa.”

Brian founded Baxa Corporation in 1975, with a product designed for safe and precise administration of oral medications. Today, Baxa still manufactures and markets those oral syringes, along with microprocessor-controlled peristaltic pumps for medication preparation, devices for safe handling of IV admixtures, and computer-controlled mixing systems for IV solutions to hospitals and alternate-care facilities worldwide. A privately held company, Baxa is focused on providing systems for safe fluid drug delivery and efficient drug handling.

Discussing the company’s success, Brian states, “Baxa is unique in the way we bring people in and have them participate in the business. Profit sharing at Baxa makes every associate an owner. That philosophy is key, along with the understanding that the customer is our only boss.” Baxa has turned its founder’s philosophies into a winning formula for growth, with a track record of greater than 20% annualized growth in its 30 years.

Brian Baldwin holds more than 30 US and International patents. He is listed in WhoÂ’s Who in Medicine, and was one of the founders of the Colorado Medical Device Association and its first President. He has served as a member of the Board of Directors of the Medical Device ManufacturerÂ’s Association, the Advisory Board of the University of Colorado, Denver, Center for Entrepreneurial Studies, and the University of Colorado School of Pharmacy Advisory Board. Baldwin is an active member of World PresidentÂ’s Organization, a prior member of Young PresidentÂ’s Organization, and a member of The Economic Club of Colorado.

About The Entrepreneur of the Year Awards

The Entrepreneur Of The Year® (EOY) awards program was created in the United States by Ernst & Young in 1986 to honor entrepreneurs whose ingenuity and perseverance have created and sustained successful, growing business ventures. Today, EOY has been expanded to more than 115 cities in 35 countries with awards presented to nearly 1,000 of the world’s most successful and innovative entrepreneurs. More information is available at http://www. ey. com/global (http://www. ey. com/global).

About Ernst & Young

Ernst & Young, a global leader in professional services, is committed to restoring the publicÂ’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. Further information is available at

Http://www. ey. com/perspectives (http://www. ey. com/perspectives).

About Baxa Corporation

Celebrating 30 years of business in 2005, Baxa Corporation is a Denver-based manufacturer of medical devices and systems for preparing, handling, packaging, and administering liquid medications. The company manufactures and markets a wide range of healthcare products for use in hospitals, critical care units and alternate-site pharmacies. Privately held, Baxa Corporation has subsidiaries and sales offices in Canada, the United Kingdom; Denmark, and Germany; and distribution partners worldwide. Further information is available at http://www. baxa. com (http://www. baxa. com).

Contacts:

Marian Robinson, Vice President, Marketing

Baxa Corporation: 800.567.2292 ext. 2157 or 303.617.2157

Email: marian. robinson@baxa. com

Maggie Chamberlin Holben, APR

Absolutely Public Relations: 303.984.9801 or 303.669.3559

Email: maggie@absolutelypr. com

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