Bills.com CEOs Receive Ernst & Young Entrepreneur Of The Year

Award Recognizes Entrepreneurial Excellence

SAN MATEO, CALIF., June 242008 - Andrew Housser and Brad Stroh, co-founders and CEOs of online personal finance portal Bills.com, have received an Ernst & Young Entrepreneur Of The Year Award in Northern California.

Stroh and Housser were nominated and selected as winners in the online services for their pioneering work as co-founders and CEOs of Bills.com (www.bills.com), a free, one-stop portal where consumers can educate themselves about complex personal finance issues and comparison shop for products and services including credit cards, debt relief assistance, insurance, mortgages and other loans. Bills.com serves as the online portal to Freedom Financial Network, LLC, providing debt resolution services to more than 40,000 customers nationwide since 2002 while managing more than $1 billion in consumer debt.

The Entrepreneur of the Year Award recognizes outstanding entrepreneurs who are building and leading dynamic, growing businesses, according to Ernst & Young LLP awards coordinators. Housser and Stroh were selected by an independent judging panel comprised of business, academic, and civic leaders, and past winners. Judges evaluated entrepreneurs' track records and forward motion, and award those who have demonstrated excellence and extraordinary success in areas including innovation, financial performance, and personal commitment to businesses and communities.

As Northern California award recipients, Stroh and Housser are now eligible for consideration for the Ernst & Young Entrepreneur Of The Year 2008 national program. Category award recipients, as well as the overall national Ernst & Young Entrepreneur Of The Year award recipient, will be announced at the annual awards gala in Palm Springs this November.

"It is an honor to be recognized in the Entrepreneur Of The Year program, particularly given the history of excellent companies that have been honored by Ernst & Young, and the tremendous pool of entrepreneurs named finalists this year," says Stroh.

About Bills.com

Based in San Mateo, Calif., Bills.com is a free one-stop portal where consumers can educate themselves about complex personal finance issues and comparison shop for products and services including credit cards, debt relief assistance, insurance, mortgages and other loans. As the online portal to Freedom Financial Network, LLC, the company has served more than 40,000 customers nationwide since 2002 while managing more than $1 billion in consumer debt. Its RSS feed is available at www.bills.com/news_releases/.

In 2008, Entrepreneur Magazine ranked Bills.com as the No. 3 fastest-growing U.S. company on its Hot 100 list. Bills.com also was named a finalist as "most innovative company" in the American Business Awards in 2008. Company co-founders and co-CEOs Andrew Housser and Brad Stroh also have been named to the Silicon Valley/San Jose Business Journal's "40 Under 40" list in 2008.

About Ernst & Young (www.ey.com)

Ernst & Young* is a global leader in assurance, tax, transaction and advisory services. Ernst & Young's Entrepreneur Of The Year 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, Ernst & Young Entrepreneur Of The Year 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.

* Ernst & Young refers to the global organization of 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.