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FuelQuest Partners Win E&Y Entrepreneur of the Year Award

Cilento, Haugh honored in Energy Technology category

HOUSTON -- FuelQuest Inc. said that its founding partners Richard Cilento, CEO, and Douglas Haugh, COO, received the Ernst & Young Entrepreneur of the Year award in the Energy Technology category for the Houston and Gulf Coast region.

"Entrepreneur of the Year is a very prestigious award that Doug and I consider to be a testament to our employees and their families who have contributed both professionally and personally to our vision over the years," said Cilento. "This is a reward for our hard work, but also serves as a reminder that the best is [image-nocss] yet to come."

Six years ago, Cilento and Haugh founded FuelQuest in Houston, with a simple and straightforward vision: to be the industry-standard solution and network for petroleum supply chain optimization and fuel tax automation technologies. Further, their goal for the company is providing a holistic view of the supply chain, which they said was nonexistent in the industry when the company began.

Clients of Houston-based FuelQuest's fuel management services and fuel tax capabilities include Sam's Club/Wal-Mart, Circle K, 7-Eleven, UPS, Chevron, ConocoPhillips, Shell and others.

"I am truly honored to be recognized for the accomplishments our team has achieved in our brief history," said Haugh. "It has been fulfilling to see our team's vision materialize, and this highly-coveted award will propel us to an even more successful future as we continue to attract top-tier customers and employees."

Cilento and Haugh are now eligible for the National Entrepreneur Awards, held in Palm Springs in November 2006.

FuelQuest provides on-demand web-based supply chain management and tax automation technologies for suppliers, distributors, buyers and traders of petroleum products and other energy commodities.

Now celebrating its 20th year, Ernst & Young Entrepreneur Of The Year is the world's most prestigious business award for entrepreneurs. Recognized globally, the award honors the most outstanding entrepreneurs who inspire others with their vision, leadership and achievement.

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