Globex co-presidents win Ernst & Young Entrepreneur of the Year Award



    EDMONTON, Oct. 19 /CNW/ - At a gala awards ceremony on Thursday, October
11th, Globex Foreign Exchange Corporation's co-presidents, Michael and Clive
Oshry, were proud recipients of the Ernst & Young Entrepreneur of the Year
2007 Award.
    Building momentum off last years finalist selection, this is the first
time the Oshry brothers have won the prestigious award. This award honors
entrepreneurs for excellence in innovation, risk taking, company development,
and personal commitment to their businesses and communities.
    "The entire company shares this huge honor, all of our staff had a part
in winning it. We are very fortunate and appreciative to have such fantastic
people involved in Globex." - Co-President Michael Oshry
    "Recognition by Ernst & Young and the business community for our
collective efforts in building a world class company is an accomplishment that
Globex is extremely proud of." - Co-President Clive Oshry
    Michael and Clive Oshry started Globex nine years ago as a single, small
Edmonton office. The company experienced extraordinary growth thanks to its
adept management, exceptional customer service and commitment to offering the
most competitive exchange rates in the industry. Today, Globex boasts 23
branches in four countries and is one of the world's largest private foreign
exchange companies, trading in excess of five billion dollars' worth of
transactions annually.
    The Prairies region of the 2007 Entrepreneur of the Year Awards saw 45
companies nominated in nine different categories. The Oshrys were awarded top
honours in the Real Estate/Professional/Financial Services category, besting
three other exceptional nominees from: Great Canadian Western Bank, Dolemo
Development Corporation and Payworks Inc.
    The awards, which are in their 14th year, are sponsored by the National
Post, Global Television, La Presse, RDI, Roynat Capital, the Calgary Herald,
SAP, Gowling Lafleur Henderson LLP and Red Point Media.

    Globex Foreign Exchange is an international leader in corporate foreign
exchange as well as large scale personal foreign currency exchange
transactions.




For further information:

For further information: Lindsay Goodwin, Executive Assistant to VP
Sales, (780) 426-3151, lgoodwin@globexfx.com

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FIRMA Foreign Exchange Corporation

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