Patrick Ostiguy, President and CEO of Accedian Networks, named the Ernst & Young 2011 Quebec Entrepreneur Of The Year in the Technology Solutions category.

Montreal, Quebec, October 12, 2011 - Patrick Ostiguy, President and CEO of Accedian Networks, was named the Ernst & Young Quebec Entrepreneur Of The Year in the Technology Solutions category at an awards ceremony held in Montreal, Quebec. The Ernst & Young Award recognizes the spirit and contribution of entrepreneurs here and around the world. The Canadian program is in its 18th year of honouring the country’s most impressive entrepreneurs from all areas of business. Award winners are chosen based on a number of factors, including their vision, leadership, financial performance and social responsibility.

"Patrick Ostiguy exemplifies the kind of vision and innovation required to take a good idea, and build it into a great business," said François Dufresne, Partner and Québec Director of Entrepreneur Of The Year. "Today, Accedian Networks designs and manufactures telecommunications equipment solutions that help companies deliver effective results. We’re proud to see him named this year's Quebec technology solutions Entrepreneur Of The Year category winner."

“Winning this prestigious award is a great source of pride that I wish to share with every member of the Accedian Networks family,” said Ostiguy. “It’s really a testament to the daily hard work, dedication, integrity, and innovation of each employee over the past seven years. I also want to thank our business partners and investors that are helping us to fulfill our vision and exercise our leadership and growth."

Patrick Ostiguy founded the Company in 2004. Under his vision, determination and perseverance, Accedian Networks has grown to become an industry-leading provider of High Performance Service Assurance^™ solutions for Carrier Ethernet and IP networks. Today, the Company is the number one provider of performance assurance solutions for Carrier Ethernet Mobile Backhaul networks in North America with an installed base of over 75,000 cell sites, and 90,000 platforms sold worldwide. The Company also has an international footprint that spans North America, Europe, Latin America, Asia and the Middle East.

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About Accedian Networks
Founded in 2004, Accedian Networks^™ is an industry-leading provider of High Performance Service Assurance^™ solutions for Carrier Ethernet and IP networks. The Company’s hardware-based EtherNID^® , MetroNID^® and MetroNODE 10GE^™ network interface devices (NIDs)—which far outperform more costly switches, routers and test equipment— enable service providers to establish end-to-end, standards-based OAM over converged multi-technology and multi-provider networks, with value-added services backed by assured SLAs.  Accedian’s platform is deployed by a global customer base that includes telecommunications providers, cable MSOs and mobile operators offering carrier-grade, packet-based applications.  A privately held company, Accedian Networks is headquartered in Montreal, Canada, with regional offices in the U.S., Europe, Latin America, Middle East and Asia. For additional information, please visit: www.accedian.com, or call 1-866-685-8181 or +1 (514) 331-6181.