John Kealey of iDirect Technologies Named Finalist For Ernst & Young Entrepreneur Of The Year® 2004 Award

John Kealey of iDirect Technologies Named Finalist For Ernst & Young Entrepreneur Of The Year® 2004 Award

RESTON, Va. - June 3, 2004 - iDirect Technologies, a privately held company that designs, develops, and markets the fastest, most reliable bi-directional satellite-based broadband access solutions, today announced that the company's CEO, John Kealey was named a finalist by professional services firm Ernst & Young LLP for the Ernst & Young Entrepreneur Of The Year 2004 Awards in Greater Washington. Kealey was selected as one of 30 finalists by a panel of judges comprised of local community and business leaders. Award recipients will be announced at a black-tie gala on June 17 at the Ritz-Carlton Hotel, Tysons Corner, VA.

John Kealey is an experienced senior executive with more than 20 years in the information technologies and communications networking industries. After taking on the position of CEO for iDirect Technologies in 2001 and restructuring the company's focus iDirect experienced a three-fold revenue gain in 2003 and is on track to double that number again for 2004. Over the past three years the company has grown from 42 employees to 72 and expects to be near 100 by the end of the year. The company also achieved the ranking of #81 on the Inc. 500 list of America's Fastest-Growing Private Companies for 2003 and in that same year made the for Deloitte & Touche's Technology Fast 500 of the fastest-growing U.S. technology companies and their Virginia "Fast 50" for the fastest growing technology company's in the state.

"This is a great honor" said Kealey, "but it is a team effort and the accolades go to the entire iDirect staff that has made this company such a success. We have an incredibly talented group of individuals that are passionate about providing the best product and service to our customers and I am honored to represent them in this nomination." Greater Washington award recipients will be eligible for consideration for the Entrepreneur Of The Year 2004 national program. Winners in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year, will be announced at the annual awards gala in Palm Springs, Calif., in November 2004.

About iDirect Technologies

iDirect Technologies, a subsidiary of Vision Technologies Systems Inc., designs, develops, and markets satellite-based broadband access solutions targeted at the enterprise, government, carrier and educational sectors that have the need for fast, flexible, and geographically dispersed two-way internet/intranet access. The company has developed technology solutions that combine high performance, worldwide availability, and ease of installation, high reliability, and low cost to end customers. In addition, iDirect solutions offer unprecedented efficiencies, increased revenue opportunities and higher per customer gross margins to satellite network operators. iDirect was awarded the 2005 World Teleport Association Teleport Technology of the year, the Innovation & Technology of the Year by The ISCe Advisory Board, and named number one in the Deloitte & Touche Virginia Technology Fast 50 list of the fastest-growing U.S. technology companies. iDirect operates its corporate headquarters in Herndon, Virginia and has regional offices in Europe, Asia, and covering Latin America. Additional information is available on the company website at


Warren Brown
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