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Polycom CEO Robert Hagerty Named 2009 Ernst & Young Entrepreneur Of The Year® For Northern California


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Hagerty Recognized for Transforming Polycom into Customer-Centric Leader in Telepresence, Video and Voice Communications

PLEASANTON, Calif. - Polycom, Inc. [NASDAQ: PLCM], the global leader in telepresence, video and voice communication solutions, today announced that Robert C. Hagerty, the company’s president, chairman, and CEO, has been named the 2009 Northern California Ernst & Young Entrepreneur Of The Year® in the Technology category. Celebrating its 23rd anniversary, the Ernst & Young Entrepreneur Of The Year® awards program recognizes outstanding entrepreneurs who are building and leading dynamic, growing businesses.

Hagerty, who was selected by an independent panel of judges, accepted his award at gala event at the San Jose Fairmont this past Saturday. As the regional award winner, Hagerty is now eligible to win the national award later this year, which will be announced Nov. 14 at the annual awards gala in Palm Springs, Calif. According to Ernst & Young, 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.

“This recognition is truly an honor,” said Hagerty. “I’m fortunate to work with a great team of professionals who have embraced our entrepreneurial spirit and helped Polycom thrive year after year. By remaining innovative and open-minded, we continue to deliver best-in-class telepresence, video and voice communications solutions to our customers.”

“We are proud to recognize the achievements of Bob Hagerty,” said Ernie Cortes, Ernst & Young LLP Entrepreneur Of The Year program director for Northern California. “Award recipients of the Entrepreneur Of The Year award build leading businesses and contribute significantly to the strength of our region’s economy. Their success helps our area grow stronger.”

Hagerty joined Polycom in 1997 as president, chief operating officer and board member. He was named CEO a year later and became chairman in 2000. Hagerty came to Polycom to build on the vision of delivering a total conferencing and collaboration solution to the customer. His continuing focus on the needs of customers has led to the creation of a customer-facing, direct touch sales force and a world class global service and distribution channel.

Hagerty was named CEO of the Year in 2005 by industry analyst group Frost & Sullivan. Prior to joining Polycom, he served as president and CEO of Stylus Assets, Ltd. and held key senior leadership positions with Logitech, Inc., Connor Peripherals, Signal Corporation, and Digital Equipment Corporation. He also serves on the board of Palm, Inc.

Sponsors
Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year awards are pleased to have SAP and the Ewing Marion Kauffman Foundation as national sponsors. In Northern California, local sponsors include The Big Picture, Scherzer International, Smart Business and The Summit Group.

About Ernst & Young’s Entrepreneur Of The Year® Awards Program
Ernst & Young’s Entrepreneur Of The Year® Award is the world’s most prestigious business award for entrepreneurs. The 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, the Ernst & Young Entrepreneur Of The Year® award celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 135 cities in 50 countries.

About Polycom
Polycom, Inc. (NASDAQ: PLCM) is the global leader in telepresence, video, and voice solutions and a visionary in communications that empower people to connect and collaborate everywhere. Please visit www.polycom.com for more information.



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