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Utah Valley home to top new firms

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PROVO — More than half of the Utah-based companies on the "Top 25 Under 5" list compiled by the Utah Valley Entrepreneurial Forum in its second year of competition are from Utah County.

Most are Internet and/or computer service provider companies.

The list for 2001 includes Employer Solutions Group of Provo, which was at the top of the chart in 2000 as well and named the top 4-year-old business showing the most revenue and most profit.

The "Top 25 Under 5" are new businesses less than 5 years old that are experiencing both rapid growth and success in their industry.

Overstock.com of Salt Lake City is ranked second, followed by Power Innovations International from Lindon and MyFamily.com from Provo. MyFamily.com reflected the most job growth and drew the most funding.

Park City Solutions of Midway ranked fifth and is the top 3-year-old company, followed by NextPage of Lehi — named the top 2-year-old company — and Wolf Electronix of Orem.

Altiris of Lindon is number eight. Precision Assembly of Orem ranks ninth and was also named the top 5-year-old company, followed by PerfectPractice.MD in Sandy and Power-Glide of Provo.

Orem's MyComputer.com is in the 12th spot, followed by OnePipeline of Salt Lake City and WebMiles of Sandy. Maxtec Analytical of Murray is ranked number 15.

Other companies in the top 25, in descending order, were: ATA Services of Salt Lake City; The Avistar Group of Orem; MyAssociation Inc. of Salt Lake City; ah-ha.com of Provo; SpreeRide of Bountiful; Mountain Oil of Provo; Communitect of American Fork; iAssessment of Salt Lake City; One Stop Satellite Solutions of Ogden; and DirectPointe of Lindon.

"This program gives businesses an opportunity to be recognized for their accomplishments in successful revenues, job creation, profits and funding," said Les Pardew, chairman of the program and president of Alpine Studios in American Fork.

"The Utah Valley Entrepreneurial Forum is proud to recognize the birth of these young companies and to support them in their quest for success, both now and in the future."

Howard Ruff, guest emcee for the forum luncheon where the awards were presented, said successful businesses have top-flight, good-character management teams who are intellectually honest and who don't give up when the going gets bumpy.

"The spirit of what you're doing is the spirit of America," Ruff said.

E-mail: haddoc@desnews.com