From Deseret News archives:

11 Utah firms named on list of fast growers

Published: Thursday, Aug. 24, 2006 5:33 p.m. MDT
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Eleven Utah companies are on the 25th annual Inc. 500 ranking of the fastest-growing private companies in the country.

The list was announced this week.

Logoworks of Lindon was the top-ranked Utah company, coming in 66th. Other Utah companies are:

  • Omniture, Orem, 67.

  • Atlas Marketing Group, Provo, 143.

  • Backcountry.com, Park City, 165.

  • Summit Energy, Park City, 236

  • Universal Accounting Center, Salt Lake City, 313.

  • Edge Products, Ogden, 328.

  • Spring Communications, Salt Lake City, 349.

  • MaxStream, Lindon, 391.

  • Diamond Wireless, Salt Lake City, 419.

  • VitalSmarts, Provo, 491.

The list is topped by Litle & Co. of Lowell, Mass., a provider of credit card payment processing services to direct and interactive marketers. It had three-year sales growth of 5,629.1 percent.

The Inc. 500 list is based on revenue growth from 2002 through 2005. To qualify, companies had to be U.S.-based, privately held and independent as of Dec. 31, 2005, and have at least $600,000 in net sales in the base year.

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The 500 companies reported total revenue of $19.7 billion, up from $16.5 billion last year and $12.9 billion in 2000. Fourteen companies had annual revenues of more than $200 million, compared with 11 last year. The 500 companies have employed more than 90,000 people since they were founded. A total of 104 of the listed companies were started after 2000.

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