Joseph Farrell, President of Resolve Marine Group, Inc., was awarded the Ernst & Young Entrepreneur of the Year 2005 award for Florida in the “Services” category. The award recipients and finalists were celebrated for their skill, influence, farsightedness, and ability to be creative and successful at their distinctive business ventures. Ernst & Young acknowledged the finalists as being “the back bone to our country’s economy and the successors to our nation’s long tradition of business innovation.”

The Florida awards banquet was held at The Peabody Hotel in Orlando, Florida on June 23, 2005. It was a black tie affair with a cocktail reception prior to dinner and an awards presentation ceremony. There was a Champagne toast honoring the Finalists and a dessert reception following the award presentations.

H. Wayne Huizenga of Huizenga Holdings Incorporated Ft. Lauderdale Florida, and the 2004 World Entrepreneur of the Year Winner, attended the awards dinner. Mr. Huizenga was named the 2004 World Entrepreneur of the year on May 28th, 2005 in Monte Carlo, Monaco. He generously extended an invitation to Joe and his guests to fly to and from Orlando with him on his personal executive jet for the Florida EOY awards.

This EOY award is a tremendous honor for Joe. The Judging process is pretty intense: Seven to ten award recipients are selected in several award categories by Ernst& Young’s independent panel of judges. The Judges look for a nominee who shows accelerated growth, leadership, a good business plan, high morals and ethics, innovation and a certain level of personal risk.

Joe will move on to strive for the next prestigious honor in this class: the Ernst & Young National Entrepreneur of The Year Award, which will be held in Palm Springs, California (November 17-20, 2005). The overall national Ernst & Young Entrepreneur of the Year winner will join other Ernst & Young Entrepreneur of the Year winners from around the world next May in Monte Carlo for the annual World Entrepreneur of the Year awards.

The Staff of Resolve Marine Group and Resolve Fire and Hazard sends Joe an immeasurable amount of best wishes.