For Immediate Release
Fatpipe Networks™ Ranked Among Top 20 of Utah 100 Fastest Growing Companies
The Utah 100 is One of Several Awards Granted To FatPipe This Year
Oct 30, 2003
FatPipe Networks, the inventor of router clustering devices for reliable, redundant and fast Internet/WAN connections, today announced it was ranked 17th of MountainWest Venture Group's Utah 100 Fastest Growing Companies and was the first technology company listed among several that were recognized.
Titled "Navigating the Course of Success," the ninth annual Utah 100 Awards honored the top 100 companies of more than 11,000 applications from Utah based companies according to Todd Stevens, President of the 2003 Utah 100 Program. Companies were ranked based on sales growth over a five-year period from 1998-2002. MountainWest Venture Group reported that the average growth-rate of the top 100 fastest growing companies was 887 percent over the pasts five years.
FatPipe's high ranking in its first year of eligibility for the award was not a surprise to many who have followed FatPipe's success. "FatPipe is such a success story," commented Thomas R. Taylor, Chairman of the 2003 Program.
FatPipe has received several other awards and accolades in recent past including, Stoel Rives' Utah Innovation Award; Utah Business Magazine's Utah's Top High-Tech 20 Award chosen as one of Utah's top 20 high tech firms; and TechTarget's Networking Infrastructure Visionary Award via one of FatPipe's clients, SanDisk. Additionally, FatPipe products have received high recognition in recently published product reviews by major US technology magazines including InfoWorld and PC Magazine. Also, FatPipe's CTO, Sanchaita Datta, was named one of Utah's Top Female Innovators by Utah Business Magazine.
"We are delighted with the positive public recognition FatPipe has received by well known and trusted editors and prestigious organizations. We take great pride satisfying our customers' needs, and find this to be another indication that indeed we are doing just that," commented Ragula Bhaskar, Ph.D., CEO and President of FatPipe Networks.
About FatPipe Networks
FatPipe is the inventor and patents holder of router clustering products which enable companies to obtain highly redundant and fast Internet/WAN access, as well as high security allowing such corporations to implement Intranets, thin client, Virtual Private Networks (VPNs), and other mission critical web based applications. FatPipe coined the term Router Clustering.
FatPipe products' main technology features include multi-homing two or more communication lines of any type, using the same or different ISPs, WAN redundancy and high availability; additional security and speed of data transmissions, and route control features for inbound and outbound IP traffic. http://www.fatipipeinc.com
About vSpring Capital
MountainWest Venture Group, "Utah's Deal Flow Network," is a non-profit organization dedicated to his advancement of the state's financial deal flow. For the past 20 years, the group has brought together entrepreneurs, investors and professional service providers interested in the promotion of Utah's capital development. http://mwvg.org
Tel: (801) 281 3434 Ext-2226