Toronto & San Francisco, November 7, 2011: [Achievers] (formerly I Love Rewards), the fastest growing employee global rewards and Social Recognition company, announces today that its CEO and founder, [Razor Suleman], has been named the Ontario Ernst & Young Entrepreneur Of The Year®.

Razor understands that it takes more than just a great leader to reach market leadership — it requires a great team,” says Colleen McMorrow, National and Ontario Director of Ernst & Young’s Entrepreneur Of The Year program. “Employees are every organization’s greatest asset, and Achievers helps companies celebrate teams and high-achievers in key ways. We’re pleased to celebrate their innovative approach.”

Razor won Ernst & Young’s Entrepreneur of the Year Award in the Business-to-Business category. The past year has been one of tremendous growth for Suleman and Achievers, as the company opened its US headquarters in San Francisco, raised $24.5 Million in Series C funding led by Sequoia Capital and changed its name from I Love Rewards to Achievers to better reflect its value proposition.

“I am truly honored to be this year’s Entrepreneur of the Year in the Business-to-Business category,” said Razor Suleman, CEO and founder of Achievers. “Ernst & Young has a clear and powerful vision of the values that make companies great, and it is only with the help of our customers and staff that Achievers is able to embody them. I’m very proud of the whole Achievers community, and will continue to lead by these values as Achievers grows and develops in the coming year.”

Achievers provides a multilingual solution with 24/7 support to organizations between 500 employees up to Fortune 500 companies looking to enhance [employee engagement]. The Social Recognition platform provides performance-based recognition and rewards in the form of points that can be redeemed for meaningful rewards including Apple, Visa and Expedia.

The Entrepreneur Of The Year award recognizes the spirit and contribution of entrepreneurs here and around the world. The Canadian program is in its 18th year of honoring the country’s most impressive entrepreneurs from all areas of business. Award winners are chosen based on a number of factors, including their vision, leadership, financial performance and social responsibility.

About Achievers:
Achievers (formerly I Love Rewards) is passionate about employee rewards and Social Recognition. Our software helps globally engage employees and inspire performance. Achievers’ customers include Deloitte, ConAgra Foods and Microsoft. Check us out on the web

About Entrepreneur of The Year
The Entrepreneur Of The Year Awards honor the spirit and contribution of entrepreneurs here and around the world. Nominees are reviewed by an independent judging panel, which is composed of several distinguished business leaders and previous award recipients.