Andrew Lutfy, Groupe Dynamite Inc. CEO named Ernst & Young Entrepreneur Of The Year 2007 for Quebec



    Clothing Retailer Dynamo Takes Home Prestigious Business Award

    MONTREAL, Oct. 4 /CNW/ - At a gala awards presentation this evening,
Andrew Lutfy, CEO of Groupe Dynamite Inc. was awarded the Quebec Ernst & Young
Entrepreneur Of The Year 2007 award. Mr. Lutfy also received one of seven
category awards, for Business-to-Consumer Products and Services, at the
banquet and ceremony in Montreal.
    "The story of Mr. Lutfy's journey to success is truly inspirational,"
said François Dufresne, Partner, Ernst & Young, and director of the Ernst &
Young Entrepreneur Of The Year Awards program for Quebec. "His determination,
vision and courage have taken him from being an 18 year-old stock clerk to
owner and CEO of a very successful women's clothing retailer."
    Credited for developing the company's growth from three stores to more
than 240 across the country, Mr. Lutfy is a force to be reckoned with. The
success of Groupe Dynamite Inc. (Garage and Dynamite stores) can be attributed
to his ability and willingness to listen to the marketplace while surrounding
himself with others who are as passionate about the brand as he is. The
working environment encourages innovation while developing skills - both
individual and team achievements play a key role in the company's success.
    Mr. Lutfy's personal mission has always been to help build strong
communities that can thrive. At the tender age of 18, he co-founded the
Montreal Youth Foundation. Since 1997, he continues to raise money for the
Cedars Cancer Institute, and has co-chaired some of the institute's fund
raising activities - helping to raise over one million dollars. Social
responsibility plays an important role at Groupe Dynamite Inc. For the past 11
years, Groupe Dynamite Inc. has partnered with CURE Foundation, raising
awareness of breast cancer by participating in their annual Denim Day campaign
and raising over $85,000. Other charitable organizations that have benefited
from the company's involvement include the SPCA, the Red Cross, and Unicef.
The company also offers scholarship programs to a variety of fashion schools
and foundations across Canada.
    As the Quebec award recipient, Mr. Lutfy will compete with top
entrepreneurs from the Pacific, Prairies, Ontario and Atlantic regions for the
national honour of Entrepreneur Of The Year, to be announced November 1, 2007
in Toronto. In June 2008, Canada's Entrepreneur Of The Year moves to the world
stage, joining more than 40 country recipients participating in the
international competition for the title of Ernst & Young World Entrepreneur Of
The Year(R).

    The business category recipients for the Ernst & Young Entrepreneur Of
The Year 2007 Quebec region awards are:

    Business-to-Business Products and Services

    Jean-Pierre Sauriol
    Dessau-Soprin Inc. (Engineering consulting firm)
    Laval
    www.dessausoprin.com

    Business-to-Consumer Products and Services

    Andrew Lutfy
    Groupe Dynamite Inc. (Chain of over 240 women's clothing stores)
    Mount-Royal
    www.dynamite.ca

    Emerging Entrepreneur

    Wayne Miller
    Budget Conferencing Inc. (Audio and FastWeb conferencing service
    provider)
    Montréal
    www.budgetconferencing.com

    Information Technology
    Louis Bélanger-Martin, Nicolas Bélanger
    DTI Software Inc. (Interactive entertainment software company)
    Montréal
    www.dtisoft.com

    Manufacturing

    Johanne Dion
    TRANS-HERBe Inc. (Manufacturer of herbal teas and teas)
    St-Bruno
    www.transherb.com

    Technology & Communication

    Bernard Poulin
    Le Groupe S.M. Inc. (Experts specializing in many fields, including
    engineering)
    Montréal
    www.groupesm.com

    Turnaround Entrepreneur

    François Côté
    Emergis (IT leader focusing on health and financial services)
    Longueuil
    www.emergis.com

    The Entrepreneur Of The Year awards honour entrepreneurs who have
demonstrated excellence and extraordinary success in areas such as risk
taking, company development, innovation and personal commitment to their
businesses and communities. Submissions are reviewed by an independent judging
panel, which is comprised of several notable Canadian business leaders and
past award recipients. The judges on the Quebec panel for 2007 were David
Ahdoot, President, Hypertec Group; Marc DeSerres, President, Omer DeSerres
Inc.; Jean-Marc Leboeuf, President, Le Groupe Créatech; Michel Patry,
Directeur, HEC Montréal; Guadalupe Reusing, President and CEO, Memory Experts
International; Nathaly Riverin, Director, Centre for Entrepreneurial Culture
Watch (Entrepreneurship Foundation); Magda Slezak, Owner, Magenta Studio
Photo; and Howard Stotland, Founder, STS Systems.
    The Entrepreneur Of The Year Program was founded by Ernst & Young to
celebrate great entrepreneurs who have demonstrated excellence and
extraordinary success in areas such as company development, financial
performance and risk taking. Canada's own Guy Laliberté from Cirque du Soleil
was the recipient of this year's World Entrepreneur Of The Year award. The
program is nationally sponsored by Global Television Network, National Post,
La Presse, RDI, Roynat Capital and SAP. As well, Quebec Entrepreneur Of The
Year program is presented in collaboration with Desjardins.
    To learn more about the Ernst & Young Entrepreneur Of The Year 2007
Awards, visit www.eoy.ca.

    About Ernst & Young

    Ernst & Young, a global leader in professional services, is committed to
restoring 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 centred 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
ey.com/perspectives. 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 does not provide services to clients.




For further information:

For further information: Nichola Petts, Media Relations, (416) 941-1813,
nichola.petts@ca.ey.com or Sophie Leclerc, EOY Coordinator, (514) 879-8173,
Sophie.Leclerc@ca.ey.com


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