GUARANTEED RATE CEO VICTOR CIARDELLI NAMED ERNST AND YOUNG ENTREPRENEUR OF THE YEAR FINALIST

CHICAGO, IL. – May 4, 2012 – Guaranteed Rate, Inc., America’s Fastest Growing Mortgage CompanySM, today announced that CEO and President Victor Ciardelli was named a finalist in the Ernst & Young Entrepreneur Of The Year® 2012 program in the Midwest. The award recognizes outstanding entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. Mr. Ciardelli was selected from a large pool of nominations by a panel of independent judges.  

Awards will be presented at a special gala on June 21st at the Hilton Chicago Hotel.

“I’m honored to be recognized as a finalist for this award,” said Ciardelli. “It’s a real testament to the tremendous team of people that we have at Guaranteed Rate and their commitment to providing our clients with outstanding customer service.”

Now in its 26th year, the Entrepreneur of the Year Program has expanded to recognize business leaders in more than 140 cities in more than 50 countries throughout the world.

Following the gala, regional award winners are eligible for consideration for the Ernst & Young National Entrepreneur of the Year Program. Award winners in several national categories, as well as the Ernst & Young National Entrepreneur of the Year Overall Award winner, will be announced at the annual awards gala in Palm Springs, California, on November 17, 2012. The awards are the culminating event of the Ernst & Young Strategic Growth Forum, the nation’s most prestigious gathering of high-growth, market-leading companies.

About Guaranteed Rate

Guaranteed Rate, Inc. is America’s Fastest Growing Mortgage CompanySM. The company has helped over 100,000 people with their home purchases and refinancings.  With its full service solution and 121 offices in 47 states, Guaranteed Rate assists customers the way they choose - face to face, over the phone, or online - and has funded over $34 billion in home loans since 2001. Visit www.guaranteedrate.com for more information.

About Ernst & Young Entrepreneur of the Year®

Ernst & Young Entrepreneur of the Year is the world’s most prestigious business award for entrepreneurs. The unique award makes a difference through the way it 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, 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 140 cities in more than 50 countries.

Sponsors

Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are nationally sponsored in the United States by SAP America and the Ewing Marion Kauffman Foundation.

In the Midwest region, sponsors include ManpowerGroup, Winston & Strawn LLP, Benefit decisions, PNC Bank, Smart Business magazine and Becker Professional Education. Locally, the program is sponsored by the Chicagoland Entrepreneurial Center, WBBM Newsradio 780 and 105.9 FM and MK Communications.

About Ernst & Young

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 152,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.

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. For more information about our organization, please visit www.ey.com.

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Contact:

Tiffany R. Cummins

TRC & Associates

(925) 212-4200

www.trcassociates.com

tiffany@trcassociates.com