vSpring Capital Releases Its List of the 2009 Top 100 Venture Entrepreneurs ( v100 Fosters Collaborative Partnering and Mentoring Among Top Regional Entrepreneurs )

SALT LAKE CITY, UT, Mar 31, 2009 (MARKET WIRE via COMTEX) — vSpring Capital announced today the 2009 class of the vSpring Capital Top 100 Venture Entrepreneurs, also known as the v100.

The v100 was created in 2004 by vSpring Capital as a tool to identify and recognize entrepreneurs who are most likely to experience successful venture returns with ties to the state of Utah. Members of the v100 become part of an ongoing community of entrepreneurs that fosters collaboration and provides advantages in building and growing companies.

Each year, vSpring asks members of the Utah business community to nominate individuals who are most likely to lead a successful startup venture in the next five to seven years in the IT (information technology) or biotech industries. These nominees are then asked to vote amongst themselves based on the same criteria. Those nominees who garner the most votes from their peers in this second step of the annual voting process are then elected into the v100 and become members of this ongoing community of entrepreneurial leaders.

“This year over 10,000 members of the Utah business community were solicited, creating the most complete list of nominees possible,” said Dennis Wood, director of human capital at vSpring Capital.

“The v100 process is unique in that members are selected not by a committee or a panel of judges, but ultimately by their peers,” said Professor Scott Schaefer from the University of Utah and member of the audit committee who oversees the v100 selection process. “This gives the results a unique and compelling validity, while helping ensure the integrity of the v100.”

This year’s v100 announcement comes during one of the most difficult economic downturns in decades. “We are pleased that in this down economy, this year’s list supports the idea that entrepreneurial success can not only happen in spite of the economy, but sometimes because of the economy,” Wood stated. “These designees demonstrate that companies are achieving results in this environment.”

“Entrepreneurship is one of the key factors of production that will help strengthen the current financial environment through its ability to help generate economic development in the communities in which they are located,” stated Jon Walker, an analyst at vSpring Capital. “I firmly believe we are just starting to tap the vast entrepreneurial potential and resources that this state and region have to offer.”

Mr. David Checketts, Chairman of SCP Worldwide, will address the v100 community at an exclusive luncheon on May 7, 2009 at Rio Tinto Stadium.

“Mr. Checketts is the ideal keynote speaker,” Walker stated. “We are glad to properly recognize the current and future accomplishments of the v100 inductees and current members at this event.”

vSpring Capital is an early-stage venture capital firm that invests in information technology and life science companies. With offices in Utah and New Mexico, the firm has over $390 million under management.

Facts about the v100 Class of 2009

A complete list of members in the 2009 v100 is enclosed below. Be advised that positions/companies noted were current as of the date of the compilation of the 2009 v100 list of members. This year there was a tie in the voting, making a total of 106 members. For additional information about the v100 or vSpring Capital, please contact vSpring’s Jon Walker at jon@vspring.com

 

Full Name   Company           Work Title    Website
Pete Abilla Schmula & Company Founder       http://www.shmula.com
Jayson
 Ahlstrom   ClassTop          President/COO http://www.classtop.com
Rick Alden  SkullCandy        Founder/CEO   http://www.skullcandy.com
Nate Alder  Klymit            Founder/CEO   http://www.klymit.com
Paul Allen  FamilyLink.com    CEO           http://corporate.familylink.com
Curt Allen  Agilix            President/CEO http://www.agilix.com
Dallin
 Anderson   Code Genetics     President/CEO http://www.codenutrition.com
Amy Rees    Mediconnect
 Anderson    Global           CEO           http://www.mediconnect.net
Jeremy
 Andrus     SkullCandy        President     http://www.skullcandy.com
Coleman
 Barney     Infopia           President/CEO http://www.infopia.com
Don Basille FusionIO                        http://www.fusionio.com
Jay Bean    OrangeSoda        CEO           http://www.orangesoda.com
Grant       Logitech          VP Digital
 Beckmann                      Video Bus.   http://www.logitech.com
Justin
 Bergener   Schooltipline     CEO           http://www.schooltipline.com
Brian
 Beutler    Alianza           CEO           http://www.alianza.com
Clay
 Blackham   SnappConner PR    Partner       http://www.snappconner.com
Brock Blake Funding Universe  CEO           http://www.fundinguniverse.com
William
 Borghetti  Sendside Networks CEO           http://www.sendside.com
David Boyce Oracle            VP of
                               Strategy
                               of Retail
                               Business
                               Unit         http://www.oracle.com
David
 Bradford   FusionIO          CEO           http://www.fusionio.com
Jeff
 Brimhall   Credibli          CEO           http://www.credibli.com
Paul        MarketSplash by
 Brockbank   HP               CEO           http://www.marketsplash.com
Craig
 Burton
Gregory     SageCreek         Managing
 Butterfield Partners          Partner      http://www.sagecreekpartners.com
Ryan
 Caldwell   Entice Labs       CEO           http://www.enticelabs.com
Scott       BlueStar Home     CoFounder/
 Carman      Health            CEO          http://www.bluestarhomehealth.com
Don Cash    Omniture          VP Mid
                               Market Sales http://www.omniture.com
Nathaniel   Mangia            President/
 L.          Technologies      Founder      http://www.mangia.net
 Checketts
Josh Coates Mozy              Founder       http://www.mozy.com
Tom         FamilySearch.org  Application   http://www.familysearch.org
 Creighton                     Architect
Brian       University of
 Cummings    Utah TCO         Director
Ed Donakey  LDS Church/       Mgr of
             Family History    Strategic
             Dept.             Relationships
Adam
 Edmunds    Allegiance        President/CEO http://www.allegiance.com
John
 Edwards    Move Networks     President/CEO http://www.movenetworks.com
David
 Elkington  InsideSales.com   CEO           http://www.insidesales.com
James
 Endicott   Exact Wave        President/CEO http://www.exactwave.com
Bjorn
 Espenes    Infopia           Chairman      http://www.infopia.com
Ildar       Sterling CFOs     Managing
 Fazulyanov                    Partner      http://www.sterlingcfos.com
Martin Frey Powercode Systems CEO           http://www.powercode.com
Stephen
 Fulling    Kynetx            Founder/CEO   http://www.kynetx.com
Jeremy      9Aisle            CoFounder/
 Hanks                         CEO          http://www.9aisle.com
Nathan      C7 Data Centers   President/
 Hatch                         CEO          http://www.c7dc.com
Greg Heaps  Allegiance        COO           http://www.allegiance.com
Eliot       Lumiport          CoFounder/
 Jacobsen                      COO          http://www.lumiport.com
Josh James  Omniture          CoFounder/    http://www.omniture.com
                               CEO
Steve Jones Alianza           VP Bus. Dev.  http://www.alianza.com
Dr. Greg    University of     Associate
 Jones       Utah Scientific   Director
             Computing &
             Imaging
             Institute
Stan
 Kanarowski Park City Angels
Jeremy
 Kartchner  SnappConner PR    Partner       http://www.snappconner.com
Jeff Kearl  SkullCandy        Chairman
                               of the Board http://www.skullcandy.com
Maile Keone Alianza           VP Marketing  http://www.alianza.com
                               & Client
                               Services
Kristen     NuSkin            Sr. Dir. Of
 Knight      Enterprises       Global Product
                               Marketing    http://www.nuskin.com
Chris       Doba SMB/9Aisle   VP Sales
 Knudsen                       & Marketing  http://www.smb.doba.com
Ken Krogue  Insidesales.com   President/
                               CoFounder    http://www.insidesales.com
Bruce Law   Sprout Marketing  President     http://www.sproutmarketing.com
Darren Lee  NextPage          CEO           http://www.nextpage.com
Scott C.
 Lemon      HumanXtensions    CTO           http://www.humanxtensions.com
Dan Levine  SkullCandy        VP            http://www.skullcandy.com
Shawn       Omniture          Chief Legal
 Lindquist                     Officer      http://www.omniture.com
Lane
 Livingston Fibernet          CFO           http://www.fiber.net
Kyle Love   Direct Controls   CEO           http://www.directcontrols.com
Drew Major  Cisco             Fellow        http://www.cisco.com
Ty D.                         Managing
 Mattingly  Primay Colors      Partner
Ned         Utah Business     CEO           http://www.utahbusinessaccelerator.com
 Maxfield    Accelerator
Dave McGinn Agilix            COO/CFO       http://www.agilix.com
Glen Mella  Control4          President/    http://www.control4.com
                               COO
John F.     Omniture          Exec. VP of   http://www.omniture.com
 Mellor                        Bus Dev. &
                               Corporate
                               Strategy
Derek Miner OrangeSoda.com    CoFounder     http://www.orangesoda.com
Clarke
 Miyasaki   SkullCandy        VP Bus. Dev.  http://www.skullcandy.com
Ryan Money  Franchise Foundry VP Bus Dev.   http://www.franchisefoundry.com
Mark Newman HireVue           CEO           http://www.hirevue.com
Russell
 Page       Fifty Studio      COO           http://www.fiftystudio.com
Dr. Michael
 Paul       LineaGen          President/CEO http://www.Lineagen.com
Ben
 Peterson   HumanServicesHQ   Co-Founder    http://www.humanserviceshq.com
Greg        Aptus Advisors    Managing      http://www.aptusadvisors.com
 Peterson                      Partner
David       Politis           President     http://www.politis.com
 Politis     Communications
Michael
 Proper     CentralPointe     President/CEO
Brad
 Rencher    Omniture                        http://www.omniture.com
Professor   Allegiance/BYU    CoFounder of  http://www.allegiance.com
 Gary                          Allegiance &
 K. Rhoads                     Associate
                               Director of
                               Rollins Center
                               of Entrepreneurship
                               & Technology
Kevin
 Santiago   Cymphonix         CEO           http://www.cymphonix.com
Todd
 Shepherd   Studeo            CEO           http://www.studeo.com
Allan Smart Voonami           COO           http://www.voonami.com
Eric Smith  Control4          CTO           http://www.control4.com
Cheryl      SnappConner PR    Managing      http://www.snappconner.com
 Snapp                         Partner
 Conner
James Lee   Sorenson
 Sorenson    Companies        Chairman      http://www.sorensoncompanies.com
Steve
 Spencer    Twelve Horses     President/CTO http://www.twelvehorses.com
Tim Stay    Perfect Search    President/CEO http://www.perfectsearchcorp.com
             Corporation
Joshua
 Steimle    MWI               CEO           http://www.mwi.com
Thomas
 Stockham
Joe Strom   Alpine Capital    Owner
             Investments
Jack W.
 Sunderlage ContentWatch      President/CEO http://www.contentwatch.com
Benoy
 Tamang     Sapha             Founder       http://www.sapha.com
Cydni Tetro NextPage          CMO           http://www.nextpage.com
William     Glycosan          Founder/      http://www.glycosan.com
 Tew, PhD    BioSystems        President/CEO
Kent Thomas CFO Solutions     Founder/      http://www.utahcfo.com
                               Managing
                               Member
Brent       Jive
 Thomson     Communications   CEO           http://www.getjive.com
Nicole      Governors Office  Director      http://www.goed.utah.gov
 Toomey      of Economic Dev.
 Davis
Brad        EarlyRun
 Walters     Ventures         CEO           http://www.earlyrun.com
Russ Warner ShipNomics        VP Sales      http://www.shipnomics.com
                               & Marketing
Will West   Control4          CEO           http://www.control4.com
Greg
 Whisenant  CrimeReports.com  Founder/CEO   http://www.crimereports.com
Tyler
 Whitaker   TM Ventures       CTO & Founder http://www.tylerwhitaker.com
Hal         Mangia
 Widlansky   Technologies     CEO           http://www.mangia.net
Dr. Phillip
 Windley    Kynetx            CTO           http://www.kynetx.com
Gary S.
 Winterton  OrangeSoda.com    President     http://www.orangesoda.com
Ralph       ThinkAtomic       Founder/      http://www.thinkatomic.com
 Yarro III                     President/CEO
 

MEDIA CONTACTS:

Jon Walker
Analyst
vSpring Capital
Email Contact

David Anderson
Administrative Partner
vSpring Capital
Email Contact