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vSpring's Top 100 Venture Entrepreneurs

SALT LAKE CITY, UT--(Marketwire - March 31, 2009) - 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 801-942-8999(wk) or jon@vspring.com

Pete Abilla Schmula & Company, Founder, www.shmula.com

Jayson Ahlstrom, ClassTop, President/COO, www.classtop.com

Rick Alden, SkullCandy, Founder/CEO, www.skullcandy.com

Nate Alder, Klymit, Founder/CEO, www.klymit.com

Paul Allen, FamilyLink.com, CEO, http://corporate.familylink.com

Curt Allen, Agilix, President/CEO, www.agilix.com

Dallin Anderson, Code Genetics, President/CEO, www.codenutrition.com

Amy Rees Anderson, Mediconnect Global, CEO, www.mediconnect.net

Jeremy Andrus, SkullCandy, President, www.skullcandy.com

Coleman Barney, Infopia, President/CEO, www.infopia.com

Don Basille, FusionIO, www.fusionio.com

Jay Bean, OrangeSoda, CEO, www.orangesoda.com

Grant Beckmann, Logitech, VP Digital Video Business, www.logitech.com

Justin Bergener, Schooltipline, CEO, www.schooltipline.com

Brian Beutler, Alianza, CEO, www.alianza.com

Clay Blackham, SnappConner, PR Partner, www.snappconner.com

Brock Blake, Funding Universe, CEO, www.fundinguniverse.com

William Borghetti, Sendside Networks, CEO, www.sendside.com

David Boyce, Oracle, VP of Strategy of Retail Business Unit, www.oracle.com

David Bradford, FusionIO, CEO, www.fusionio.com

Jeff Brimhall, Credibli, CEO, www.credibli.com

Paul Brockbank, MarketSplash HP, CEO, www.marketsplash.com

Craig Burton

Gregory Butterfield, SageCreek Partners, Managing Partner, www.sagecreekpartners.com

Ryan Caldwell, Entice Labs, CEO, www.enticelabs.com

Scott Carman, BlueStar Home Heath, CoFounder/CEO, www.bluestarhomehealth.com

Don Cash, Omniture, VP Mid Market Sales, www.omniture.com

Nathaniel Checketts , Mangia Technologies, President/Founder, www.mangia.net

Josh Coates, Mozy, Founder, www.mozy.com

Tom Creighton. FamilySearch.org, Application Architect, www.familysearch.org

Brian Cummings, University of Utah TCO, Director

Ed Donakey, LDS Church/Family History Dept., Mgr. of Strategic Relationships

Adam Edmunds, Allegiance, President/CEO, www.allegiance.com

John Edwards, Move Networks, President/CEO, www.movenetworks.com

David Elkington, InsideSales.com, CEO, www.insidesales.com

James Endicott, Exact Wave, President/CEO, www.exactwave.com

Bjorn Espenes, Infopia, Chairman, www.infopia.com

Ildar Fazulyanov, Sterling CFOs, Managing Partner, www.sterlingcfos.com

Martin Frey, Powercode Systems, CEO, www.powercode.com

Stephen Fulling, Kynetx, Founder/CEO, www.kynetx.com

Jeremy Hanks, 9Aisle, CoFounder/CEO, www.9aisle.com

Nathan Hatch, C7 Data Centers, President/CEO, www.c7dc.com

Greg Heaps, Allegiance, COO, www.allegiance.com

Eliot Jacobsen, Lumiport, CoFounder/COO, www.lumiport.com

Josh James, Omniture, CoFounder/CEO, www.omniture.com

Steve Jones, Alianza, VP Bus. Dev., www.alianza.com

Dr. Greg Jones, University of Utah Scientific Computing & Imaging Institute, Associate Director

Stan Kanarowski, Park City Angels

Jeremy Kartchner, SnappConner PR, Partner, www.snappconner.com

Jeff Kearl, SkullCandy, Chairman of the Board, www.skullcandy.com

Maile Keone, Alianza, VP Marketing & Client Services, www.alianza.com

Kristen Knight, NuSkin Enterprises, Sr. Dir. of Global Product Marketing, www.nuskin.com

Chris Knudsen, Doba SMB/9Aisle, VP Sales & Marketing, www.smb.doba.com

Ken Krogue, Insidesales.com, President/CoFounder, www.insidesales.com

Bruce Law, Sprout Marketing, President, www.sproutmarketing.com

Darren Lee, NextPage, CEO, www.nextpage.com

Scott C. Lemon, HumanXtensions, CTO, www.humanxtensions.com

Dan Levine, SkullCandy, VP, www.skullcandy.com

Shawn Lindquist, Omniture, Chief Legal Officer, www.omniture.com

Lane Livingston, Fibernet, CFO, www.fiber.net

Kyle Love, Direct Controls, CEO, www.directcontrols.com

Drew Major, Cisco, Fellow, www.cisco.com

Ty D. Mattingly, Primary Colors, Managing Partner

Ned Maxfield, Utah Business Accelerator, CEO, www.utahbusinessaccelerator.com

Dave McGinn, Agilix, COO/CFO, www.agilix.com

Glen Mella, Control4, President/COO, www.control4.com

John F. Mellor, Omniture, Exec. VP of Bus Dev. & Corporate Strategy, www.omniture.com

Derek Miner, OrangeSoda.com, CoFounder, www.orangesoda.com

Clarke Miyasaki, SkullCandy, VP Bus. Dev., www. skullcandy.com

Ryan Money, Franchise Foundry, VP Bus. Dev., www.franchisefoundry.com

Mark Newman, HireVue, CEO, www.hirevue.com

Russell Page, Fifty Studio, COO, www.fiftystudio.com

Dr. Michael Paul, LineaGen, President/CEO, www.Lineagen.com

Ben Peterson, HumanServicesHQ.com, Co-Founder, www.humanserviceshq.com

Greg Peterson, Aptus Advisors, Managing Partner, www.aptusadvisors.com

David Politis, Politis Communications, President, www.politis.com

Michael Proper, CentralPointe, President/CEO

Brad Rencher, Omniture, www.omniture.com

Professor Gary K. Rhoads, Allegiance and BYU, CoFounder of Allegiance & Associate Director of Rollins Center of Entrepreneurship & Technology, www.allegiance.com

Kevin Santiago, Cymphonix, CEO, www.cymphonix.com

Todd Shepherd, Studeo, CEO, www.studeo.com

Allan Smart, Voonami, COO, www.voonami.com

Eric Smith, Control4, CTO, www.control4.com

Cheryl Snapp Conner, Snapp Conner PR, Managing Partner, www.snappconner.com

James Lee Sorenson, Sorenson Companies, Chairman, www.sorensoncompanies.com

Steve Spencer, Twelve Horses, President/CTO, www.twelvehorses.com

Tim Stay, Perfect Search Corporation, President/CEO, www.perfectsearchcorp.com

Joshua Steimle, MWI, CEO, www.mwi.com

Thomas Stockham

Joe Strom, Alpine Capital Investments, Owner

Jack W. Sunderlage, ContentWatch, President/CEO, www.contentwatch.com

Benoy Tamang, Sapha, Founder, www.sapha.com

Cydni Tetro, NextPage, CMO, www.nextpage.com

William Tew, Glycosan BioSystems, Founder/President/CEO, www.glycosan.com

Kent Thomas, CFO Solutions, Founder/Managing Member, www.utahcfo.com

Brent Thomson, Jive Communications, CEO, www.getjive.com

Nicole Toomey Davis, Governors Office of Economic Dev., Director www.goed.utah.gov

Brad Walters, EarlyRun Ventures, CEO, www.earlyrun.com

Russ Warner, Alianza, VP Sales, www.alianza.com

Will West, Control4, CEO, www.control4.com

Greg Whisenant, CrimeReports.com, Founder/CEO, www.crimereports.com

Tyler Whitaker, TM Ventures, CTO & Founder, www.tylerwhitaker.com

Hal Widlansky, Mangia Technologies, CEO, www.mangia.net

Dr. Phillip Windley, Kynetx, CTO, www.kynetx.com

Gary S. Winterton, OrangeSoda.com, President, www.orangesoda.com

Ralph Yarro III, ThinkAtomic, Founder/President/CEO, www.thinkatomic.com