John Matheson, Global Power Equipment Group's CEO, Named Ernst & Young Entrepreneur Of The Year(R) 2009 Award Winner in Southwest Area

(Photo: http://www.newscom.com/cgi-bin/prnh/20090630/DA40417)

"It has been a pleasure for me to participate in this process and meet all the accomplished finalists," said John Matheson. "I am honored to accept this award as testament to the significant achievements made by all the people and companies that make up Global Power."

The Ernst & Young Entrepreneur Of The Year awards celebrate their 23rd anniversary this year. The program honors entrepreneurs who have demonstrated exceptionality in such areas as innovation, financial performance and personal commitment to their businesses and communities.

"We are proud to recognize the achievements of John Matheson," said Chris Abston, Ernst & Young LLP Entrepreneur Of The Year Program Director for Southwest Area- North. "Winners of the Entrepreneur Of The Year award build leading businesses and contribute significantly to the strength of our region's economy. Their success helps our area grow stronger."

As a Southwest Area- North award winner, Mr. Matheson is now eligible for consideration for the Ernst & Young LLP Entrepreneur Of The Year 2009 national program. Award winners in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year award winner, will be announced at the annual awards gala inPalm Springs, California on November 14, 2009. 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 pleased to have the Ewing Marion Kauffman Foundation and SAP America as national sponsors.

In Southwest Area- North, local sponsors include Smith, Frank & Partners, Stagen, First United Bank & Trust Company, D CEO Magazine, Fort Worth Business Press and The Journal Record.

About Global Power

Oklahoma based Global Power Equipment Group Inc. is a leading design, engineering and manufacturing firm providing a broad array of equipment and services to the global power infrastructure, energy and process industries. Through its Global Power Services Division, the Company is a leading provider of on-site specialty support and outage management services for commercial nuclear reactors inthe United States and provides maintenance services to fossil and hydroelectric power plants and other industrial operations. Through its Global Power Products Division the Company designs, engineers and manufactures a comprehensive portfolio of equipment for gas turbine power plants and power-related equipment for industrial operations, with over 40 years of power generation industry experience. The Company believes, in its product lines, it has one of the largest installed bases of equipment for power generation in the world. Additional information about Global Power Equipment Group may be found at www.globalpower.com.

About Ernst & Young's Entrepreneur Of The Year(R) Awards Program

Ernst & Young's Entrepreneur Of The Year(R) Award is the world's most prestigious business award for entrepreneurs. The 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, the Ernst & Young Entrepreneur Of The Year(R) award celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 135 cities in 50 countries.

    Company Contact:
    Candice Cheeseman
    Vice President of Administration and General Counsel
    Global Power Equipment Group Inc.
    (918) 488-0828

SOURCE Global Power Equipment Group Inc.

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