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TSW Makes Fifth Appearance on List of Utah’s 100 Fastest Growing Companies

Press Release: TimeShareWare
February 22, 2005
SALT LAKE CITY, UT -- TimeShareWare competed with over 11,000 applicants to land a spot at number 69 on the prestigious Utah 100 list of fastest growing companies in Utah. This is TimeShareWare’s fifth appearance on this list.

The Utah 100 companies represent a broad cross-section from almost all industries in Utah, including information technology, bio-medical and bio-technical, health care, retail, construction, and financial services. To be eligible for consideration in the Utah 100, a company must be Utah-based, have reported a minimum of $50,000 in revenue in the base year, and have five years of operating history.

Timo Jones, President and CEO of TimeShareWare, remarked that this achievement gets harder and harder each year because of the nature of the awards program. “For us to maintain ‘Fastest-Growing Company’ status for five years is a huge accomplishment. I think there are less than ten companies in the entire state that have achieved this type of record. The MountainWest Venture Group calculates the Utah 100 by taking the spread of gross revenue over a five-year time period. We qualified based on nearly 250% growth between 1999 and 2003.”

Source: TimeShareWare