Utah 100 Award Winners - 2008
Tuesday, October 28, 2008
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Posted by: Cheri Farnsworth
MOUNTAINWEST CAPITAL NETWORK RANKS INTERBANK FX THE FASTEST GROWING COMPANY IN UTAH
Annual Utah 100 Ranks Fastest Growing Companies at Awards Program
SALT LAKE CITY, Oct. XX, 2008—Interbank FX (www.ibfx.com) was ranked the 2008 fastest growing company in Utah by MountainWest Capital Network (MWCN) (www.mwcn.org) at the 14th annual Utah 100 Awards Program Friday. The annual program recognizes the 100 fastest growing Utah companies, the 15 Top Revenue Growth companies, and 13 “Emerging Elite” companies. Zions Bancorporation (NASDAQ:Zion) (www.zionsbancorporation.com) was the top revenue growth company in 2008.
The 100 fastest growing companies in Utah are selected from thousands of eligible applicants throughout the state and represent a cross-section from all industries including those in information technology, biomedical, biotechnical, healthcare, retail, construction and financial services.
"The companies receiving awards at the 2008 luncheon have displayed the entrepreneurial spirit that is alive and thriving in our business communities,” said Steven Stauffer, Chairman of the Utah 100 Program and an MWCN officer. “All 100 companies receiving awards at the 2008 luncheon had at least 170 percent growth over the past five years—an amazing accomplishment."
Of the Utah 100, the top five fastest growing companies included:
1. Interbank FX
2. Skullcandy, Inc.
3. Mindshare Technologies
4. CLEARLINK
5. LeanWerks LLC
Of the 15 Top Revenue Growth companies, the top five revenue growth companies included:
1. Zions Bancorporation
2. Questar Gas
3. Boart Longyear
4. Headwaters, Inc.
5. Overstock.com, Inc.
In addition to the fastest growing companies and top revenue companies, MWCN recognizes companies who don’t meet the qualifications for the Utah 100, yet show great promise for future growth and success—the Emerging Elite. This year, MWCN recognized 13 Utah Emerging Elite companies. (See list below.)
To be eligible for consideration in the Utah 100 fastest growing company category, a company must be a U.S. organization based in Utah, have a reported minimum revenue of $50,000 in the base year of 2003, and have five years of operating history.
Rankings were based on revenue growth from 2003-2007 for each company. The compilation and ranking of the Utah 100 is determined solely by MWCN on information provided by each company through an application process. There is no independent inquiry, verification or audit of the information.
About MountainWest Capital Network
The MountainWest Capital Network is Utah's first and largest business networking organization devoted to supporting entrepreneurial success by fostering the dynamic flow of information about capital formation and distribution, educating and mentoring excellence, and recognizing and rewarding performance. MWCN accomplishes this through signature activities and events, such as the Utah 100, real-time Deal Flow reporting and recognition, and presentations by industry experts. Reach MWCN at 801-966-1430 or at www.mwcn.org.
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2008 Ranking
Utah 100 – Fastest Growth Companies
1. Interbank FX
2. Skullcandy, Inc.
3. Mindshare Technologies
4. CLEARLINK
5. LeanWerks LLC
6. Fishbowl Inventory
7. Doba
8. 3form, Inc.
9. Access Technology Solutions, LC
10. BuilderFusion, Inc.
11. Namifiers, LLC
12. SkincareRX
13. Omniture, Inc.
14. RxAmerica LLC
15. Re-Bath of Utah
16. Packsize LLC
17. Conservice
18. Dialogue Marketing
19. Little Adventures
20. Engenuity Financial
21. Exact Wave, LLC
22. MediConnect Global, Inc.
23. Lifetree Clinical Research
24. iMergent, Inc.
25. AdvancedMD Software, Inc.
26. Fusion Holdings, LLC
27. Costume Craze, LLC
28. J.G. Wholesale, LLC
29. Sewell Direct
30. HealthCare Insight, LLC
31. Bedrock Quartz
32. Spring Communications
33. Spring2 Technologies
34. FX Energy, Inc.
35. Century Chemical, LLC
36. Creative Times, Inc.
37. AtTask
38. Power Innovations International, Inc
39. Extra Space Storage Inc.
40. Digital Gateway, Inc.
41. Carriage House Fine Kitchen Cabinetry, Inc.
42. MasterControl, Inc.
43. Jandaco
44. DirectPointe
45. Best Vinyl, LLC
46. MedicineLodge, Inc.
47. Chapman Innovations
48. Eliot Management Group, LLC
49. American Name Services
50. Opticare of Utah
51. Rimrock Construction, LLC
52. inthinc, inc. (formerly Inovar, Inc.)
53. Precision Time, Inc.
54. JJ Cole Collection
55. Companion Systems
56. Bateman IP Law Group
57. New Dawn Technologies
58. LatterDayBride & Prom
59. VitalSmarts, L.L.C.
60. Diamond Wireless
61. ProPay, Inc.
62. Cirrus Properties Inc.
63. Management Recruiters of Salt Lake City, Inc
64. eReinsure.com, Inc.
65. Ascend HR Solutions
66. BC Technical, Inc.
67. Sportsman's Warehouse, Inc.
68. SkyWest, Inc.
69. SunRoc
70. TrueNorthLogic
71. Riverwoods Mill, Inc.
72. Infopia
73. Candle Warmers Etc.
74. Body Firm Aerobics, Inc
75. Name Tag, Inc
76. Career Step
77. Demon International
78. Universal Accounting Center
79. Provo Craft & Novelty
80. Overstock.com, Inc.
81. Innovative Staffing Inc.
82. Verti-Crete, LLC
83. Headwaters, Incorporated
84. ACULIS, Inc.
85. Intrepid
86. GoEngineer, Inc.
87. VPI Engineering
88. Access Development
89. SnapLock Industries, Inc.
90. The Buckner Company
91. ContentWatch, Inc
92. Cooper Roberts Simonsen Associates, Inc.
93. FatPipe Networks
94. Suspension Connection, Inc.
95. ServerPlus, LLC
96. FCS Community Management
97. Vortex Outdoors
98. Owell Precast
99. Wolf Peak International, Inc.
100. Peterbilt of Utah, Inc.
15 Top Revenue Growth Companies
1. Zions Bancorporation
2. Questar Gas
3. Boart Longyear
4. Headwaters, Inc.
5. Overstock.com, Inc.
6. Sportsman’s Warehouse, nc.
7. The Layton Companies
8. RxAmerica LLC
9. A Plus Benefits Inc.
10. RC Willey Home Furnishings
11. CHG Healthcare Services
12. USANA Health Sciences
13. Extra Space Storage
14. Nu Skin Enterprises
15. SunRoc
2008 Emerging Elite (Alphabetical Order. No ranking)
Agel Enterprises, LLC
Alianza Inc.
Allegiance, Inc.
American Liberty Insurance Company
Aribex, Inc.
BasicGrey
Contexo Media
Cymphonix
Metro Ready Mix LLC
OrangeSoda Inc.
Seastone, LC
Shade Clothing
ZAGG Incorporated
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