Magnetic President Named Winner in the 2006 Tampa Bay Business Journal BusinessWoman of the Year Awards

(Tampa, FL – August 25, 2006) – Jennifer Bakunas the president of Magnetic, a Tampa Web Development company, was named BusinessWoman of the Year in the Young category during the third annual Tampa Bay Business Journal awards ceremony Friday evening, August 18, 2006.

“We are thrilled that Jennifer won this prestigious award,” said Ken Bakunas, CEO of Magnetic. “As one of the few female executives in our local technology industry, she serves as a positive role model for young women in the Tampa Bay area.”

Forty-one women were recognized as finalists for their accomplishments and contributions to the Tampa Bay business community. An independent panel of judges selected the finalists and winners from hundreds of nominees.

The winners in each of the six categories were announced at the Tampa Convention Center with more than 500 business people in attendance. Tampa Mayor Pam Iorio co-emceed the black tie event with Tampa Bay Business Journal publisher Arthur Porter.

“It is an honor to be selected among such a distinguished group of women,” said Jennifer Bakunas, President of Magnetic. “As the mother of two small children, I am dedicated to building a company culture that allows our employees to enjoy both a rewarding career path and a rich family life.”

Magnetic offers clients a one-stop solution for attaining their business goals via the Internet. Combining both business and technical expertise along with Web design, e-commerce solutions, and search engine marketing campaigns, Magnetic helps its clients achieve a substantial return on their technology investment.

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About Magnetic

Magnetic is a full-service Web development company located in Tampa, Florida. They provide a variety of services including strategic consulting, Web design, e-commerce, database integration, content management, systems integration, Web marketing, and Web hosting. Founded in 1997, Magnetic offers both business and technical expertise to help medium- to large-size businesses achieve greater profitability and sales through the Internet. Current clients include The Greater Tampa Chamber of Commerce, Columbia Restaurant, and Student Resources (the largest provider of student insurance in the US). For more information, please visit www.magnetic.com.