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Entrepreneur of the Year Announces Velentium CEO & COO as 2021 Co-Finalists

Celebrating the 35th class of unstoppable entrepreneurs who transform Gulf Coast Area and beyond

HOUSTON, June 14, 2021 – Ernst & Young LLP (EY US) today announced that Velentium Chief Executive Officer (CEO), Dan Purvis, and President and Chief Operating Officer (COO), Tim Carroll, were named Entrepreneur Of The Year® 2021 Gulf Coast Area Award finalists. Now in its 35th year, the Entrepreneur Of The Year program honors unstoppable business leaders whose ambition, ingenuity and courage, in the face of adversity, help catapult organizations from the now to the next level and beyond.

Dan and Tim were selected by a panel of independent judges. Award winners will be announced during a special virtual celebration on August 4 and will become lifetime members of an esteemed community of Entrepreneur Of The Year alumni from around the world.

Entrepreneur Of The Year is one of the preeminent competitive award programs for entrepreneurs and leaders of high-growth companies. The nominees are evaluated based on six criteria: entrepreneurial leadership; talent management; degree of difficulty; financial performance; societal impact and building a values-based company; and originality, innovation and future plans. Since its launch, the program has expanded to recognize business leaders in more than 145 cities in over 60 countries around the world.

“2020 was a historic year for Velentium, starting with our contribution to the national COVID-19 rapid response effort, “Project V”, which was quickly followed by the launch of our new training and certification series, Mastering Embedded Cybersecurity, as well as our acquisition of Oasis Testing,” said Dan, CEO of Velentium. “We’re grateful to our employees and customers who ultimately helped us achieve this distinction from EY. Recognition like this is only possible because of our people’s commitment to Velentium’s values and to the success of its clients. As we continue to scale our operations, our primary goal is to preserve our workplace culture and quality of work that has led us to this point today.”

“Over the years, the company’s success has been driven by excellence in service and our team’s depth of expertise. These attributes have helped us push boundaries and deliver results for our clients,” said Tim, COO of Velentium. “We’re pleased to be named alongside the top-notch entrepreneurs who are participating in this year’s program and wish them continued success in their respective industries.”

Regional award winners are eligible for consideration for the Entrepreneur Of The Year National Awards, to be announced in November at the Strategic Growth Forum®, one of the nation’s most prestigious gatherings of high-growth, market-leading companies. The Entrepreneur Of The Year National Overall Award winner will then move on to compete for the EY World Entrepreneur Of The Year™ Award in June 2022.

About Entrepreneur Of The Year®
Entrepreneur Of The Year® is the world’s most prestigious business awards program for unstoppable entrepreneurs. These visionary leaders deliver innovation, growth and prosperity that transform our world. The program engages entrepreneurs with insights and experiences that foster growth. It connects them with their peers to strengthen entrepreneurship around the world. Entrepreneur Of The Year is the first and only truly global awards program of its kind. It celebrates entrepreneurs through regional and national awards programs in more than 145 cities in over 60 countries. National Overall winners go on to compete for the EY World Entrepreneur Of The Year™ title. ey.com/us/eoy

About EY Private
As Advisors to the ambitious™, EY Private professionals possess the experience and passion to support private businesses and their owners in unlocking the full potential of their ambitions. EY Private teams offer distinct insights born from the long EY history of working with business owners and entrepreneurs. These teams support the full spectrum of private enterprises including private capital managers and investors and the portfolio businesses they fund, business owners, family businesses, family offices and entrepreneurs. Visit ey.com/us/private

About EY
EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.

About Velentium
Headquartered in Houston, Texas with operations globally, Velentium is a professional engineering firm that specializes in the design and manufacturing of therapeutic and diagnostic active medical devices for Fortune 500 companies and startups. The company offers world-class expertise in software, usability, cybersecurity, electrical and mechanical development for medical equipment. Velentium transforms IP into safe and secure products that will support healthcare professionals, patients and communities, and ultimately, change lives for a better world. For more information, visit www.velentium.com.

Media Contact
Linda Madden, Pierpont Communications for Velentium, lmadden@piercom.com, 713-627-2223

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