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Reviewing entries from all over the country, Elting was chosen by the magazine as the entrepreneur who best exemplifies competitiveness, compassion and clarity of vision. Starting in 1992 with $5,000 in start-up funding from credit cards, Elting expects her company's gross sales to hit $35 million for 2004.

"Liz Elting represents the best of business owners, and, in particular entrepreneurial women," said Stefanie Katz-Rothman, vice president, American Express. "The OPEN Network is proud to support business owners who are doing big things, and we congratulate Liz on her impressive business accomplishments."

Ms. Elting, The Woman of the Year, is featured in the June issue of Entrepreneur, on sale May 25. As the winner she will be honored at an invitation-only luncheon at FRESCO's by Scotto in New York City, on Wednesday, June 2, 2004.

About Entrepreneur Media Inc.

Entrepreneur Media Inc. is an organization of people dedicated to empowering entrepreneurs worldwide to start and grow successful companies. To provide entrepreneurs with the relevant information they need to make informed decisions, Entrepreneur Media Inc. offers a full range of products and services. Products include: Magazines - Entrepreneur, Entrepreneur's Be Your Own Boss, Entrepreneur China, Entrepreneur Mexico and Entrepreneur Philippines; Web sites - Entrepreneur.com, SoyEntrepreneur.com, EntrepreneurPress.com and Freebks.com; Book Publishing - Entrepreneur Press, The Oasis Press, Entrepreneur's eBooks and Business Start-Up Guides; also - Conferences, Custom Publishing and Card Decks.

About OPEN: The Small Business Network from American Express

OPEN: The Small Business Network provides small business owners a wide range of tools, services, savings and rewards designed to meet their evolving needs, including charge and credit cards, convenient access to working capital and credit information, enhanced online account management capabilities and savings on business services from an enhanced lineup of partners. To obtain more information about the OPEN Network, visit OPEN.americanexpress.com or call 1-800-NOW-OPEN to apply for a card or loan. American Express Company is a diversified worldwide travel, financial and network services company founded in 1850. It is a world leader in charge and credit cards, Travelers Cheques, travel, financial planning, business services, insurance and international banking.

About Translations.com

Translations.com is known worldwide for the quality of its software and website localization, as well as its enterprise language solutions for clients in virtually every major industry. Translations.com's business services meet the strategic needs of organizations seeking to communicate and conduct business in international markets. The company has an established global presence on three continents and continues to pioneer new techniques and technologies for the rapid development of multilingual business solutions.

Translations.com is part of the TransPerfect global group of companies. For more information, please visit www.translations.com, or email the company at info@translations.com.