E&Y Named Outstanding Training Organization for Fourth Straight Year

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Ernst & Young LLP announced today that it has been named to Training Magazine's Training Top 100 list for the fourth year in a row, taking the number seven spot among significant competition from a field of over 550 entries. In addition, Ernst & Young has received best practice recognition for its 'Career Counseling' program.

"We are delighted to be recognized by Training Magazine as one of the top ten companies on the Training 100 list for a fourth straight year," said Jim Freer, Americas Vice-Chair, People, Ernst & Young LLP. "At Ernst & Young we believe that success begins with the best people, which is why we have a 'People First' culture. Part of our commitment is providing our professionals with the learning that helps them develop and grow, leading to increased satisfaction at work and continuing quality service for our clients."

Over the past year, there have been many changes in the professional services industry. As a global learning organization, Ernst & Young has developed, refined, and deployed many new learning programs and events, which helped its people meet these new challenges and reach their goals. Additionally, it has employed innovative workplace initiatives, leading development and learning practices, and cutting-edge technology to improve people's performance. Intellinex LLC, a provider of end-to-end learning solutions, has been instrumental in helping Ernst & Young implement this global learning strategy.

"We have a long and rich heritage of learning at Ernst & Young and we're committed to continuing to grow our efforts throughout the global organization," said Ray McGowen, Global Vice-Chair, Learning and Development, Ernst & Young. "Being named to the Training 100 list again in 2005 is validation that our learning strategy is working. Working with a learning leader like Intellinex has enhanced our organizations ability to stay on the cutting edge, providing innovative learning services and technology to address the complex educational needs of our people."

In addition to its number seven ranking, Ernst & Young was acknowledged for deploying learning initiatives uniquely suited to meet the challenges of changing business and regulatory environments that affect the way its people work. Several Ernst & Young programs; Business Intelligence Advisors, Tax Excellence, Career Counseling and Diversity initiatives, were cited by Training editors for special recognition.

"We congratulate Ernst & Young and the many other organizations that have been recognized as global training leaders," said Roy Brown, president and CEO, Intellinex. "Ernst & Young truly understands that effectively managing global enterprise performance through learning is the key to competing in today's global markets. To be named among the very best of world-class training companies for the fourth year in a row is an honor."

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