Todd Crosland Wins Prestigious Award in the Financial/Insurance Services Category
Salt Lake City, June 14, 2007 — Interbank FX CEO Todd Crosland has been awarded Ernst & Young's coveted Entrepreneur of the Year® 2007 Award for the Utah and New Mexico region.
Crosland was chosen as Entrepreneur of the Year® 2007 in the Financial/Insurance Services category. The ceremony, which took place June 7 at the Salt Palace Grand Ballroom, recognized Crosland for the success and innovations he has brought to the Utah region's financial sector.
"I'm extremely honored to be the recipient of this award," said Crosland. "But I think the real honors go to the IBFX team, for consistently exceeding my expectations and continuing to bring new ideas to our market space."
According to Ernst & Young, the awards program is designed to recognize outstanding entrepreneurs on a regional, national and global level who are building and leading dynamic, growing businesses. Crosland was selected as an award winner from nearly 60 nominations by a panel of independent judges.
Crosland is one of Utah's leading entrepreneurs, having played a founding role in many successful statewide ventures. In 1990, he was a co-founder, CFO and director of Surgical Technologies, Inc., a cardiovascular medical device manufacturer. Surgical Technologies was sold in 1996. In 1992, he founded TBC, LC, a real estate investment company. Since its beginning, TBC, LC has developed over $160,000,000 worth of residential lots in Utah. Projects include Wolf Creek Ranch (www.wolfcreekranch.com), a 14,000 acre development near Park City, Utah. Crosland earned a Bachelor of Arts degree in business finance from the University of Utah.
Crosland is now eligible for consideration in the Ernst & Young Entrepreneur of the Year 2007 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 in Palm Springs, Calif. on Nov. 17, 2007. The national Entrepreneur of the Year celebration is part of Ernst & Young's Strategic Growth Forum. The overall national Entrepreneur of the Year award recipient is then considered for the world event held in Monte Carlo.
Sponsors
Founded and produced by Ernst & Young LLP, the Entrepreneur of the Year Awards are pleased to have Bank of America as the national presenting sponsor, as well as SAP America and the Ewing Marion Kauffman Foundation as national sponsors.
About Ernst & Young
Ernst & Young, a global leader in professional services, is committed to enhancing the public's trust in professional services firms and in the quality of financial reporting. Its 114,000 people in 140 countries pursue the highest levels of integrity, quality, and professionalism in providing a range of sophisticated services centered on our core competencies of auditing, accounting, tax, and transactions. Further information about Ernst & Young and its approach to a variety of business issues can be found at www.ey.com/perspectives. Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, a U.K. company limited by guarantee, each of which is a separate legal entity. Ernst & Young Global Limited does not provide services to clients. Ernst & Young LLP is a U.S. client-serving member firm of Ernst & Young Global Limited.
About Interbank FX
Headquartered in Salt Lake City, UT, Interbank FX, LLC (IBFX.com) is a leading provider of online forex trading services, offering individual traders, fund managers and institutional customers proprietary technology and tools to trade spot foreign currency online.
Unlike other retail FX brokers, IBFX has distinguished itself as an industry leader with its proprietary tools and services and focus on customer care. This has led to numerous awards and industry accolades that IBFX has compiled. The recognition includes Best Online FX Provider, Best Foreign Exchange Broker, Best Chairman, Ernst and Young Entrepreneur of the Year, and Inc 500.
Interbank FX serves over 27,000 clients from more than 140 countries and supports trading volume in excess of US$70 billion per month. The company is regulated as a Forex Dealer Member by the National Futures Association and is also registered with the Commodity Futures Trading Commission as a Futures Commission Merchant. Trading in the off-exchange retail foreign currency market is one of the riskiest forms of investing and should only be attempted by experienced traders.