Utah Technology Council News Newswire

Adobe Marketing Director to Teach UofU Series

Mon, 20 May 2013 04:00:00 GMT

Program Overview

The Internet has dramatically transformed how consumers engage businesses today, and how businesses must adapt to the new rules of marketing that demand accountability, data driven decision-making, and integrated online strategies to maximize performance. The demand is intense for marketers who comprehend these dynamics and can bring expertise with proven techniques and tactics that maximize marketing budgets, produce new customer acquisition, and create competitive advantages across multiple interactive channels.

The Internet Marketing program offers an overview of the key concepts, strategies, and techniques in the following foundational subjects:

Overview of Internet Marketing
Online Analytics & Measurement
Online Acquisition
Online Conversion
Online Retention
Data Driven Marketing

The program features instruction from industry experts with world-class experience from leading online companies and technology businesses. Participants will engage in active review of websites, interactive marketing tactics, and online techniques to better understand the impact that Internet marketing can have in forming more efficient marketing spend decisions and creating opportunities to drive business performance.

Dates/times:

Weekend Format

June 14: 12:00 pm - 6:30 pm
June 15: 8:30 am - 1:00 pm

Fee: $1,195*

REGISTER HERE

Singaporean Brings Robotics Camps to Utah

Fri, 17 May 2013 04:00:00 GMT

An Ounce of Prevention Is Worth a Pound of Cure

Thu, 16 May 2013 04:00:00 GMT

This article, recently published in the Utah Bar Journal, explores the impact of the recent ruling on an employer’s non-disclosure and confidentiality agreements, as well as newly identified risks in enforcement through injunctive relief. Benjamin Franklin once said that “an ounce of prevention is worth a pound of cure.” An employer in a recent appellate court ruling may have found this out the hard way. In Utah Telecommunication Open Infrastructure Agency v. Hogan (UTOPIA v. Hogan), 2013 UT App 8, 294 P.3d 645, the employer sought to prevent an employee from disclosing confidential information pursuant to a professional services agreement. (While the “employee” in the case may be more accurately referred to as an independent contractor, the authors refer to him as an employee and the plaintiff as the employer to better discuss the application of the decision in the labor and employment law context.) The employer not only lost at the preliminary injunction hearing because the relied-upon contract language was found not to cover the threatened disclosure, but on appeal, to add insult to injury, the Utah Court of Appeals found that the employer may have to pay the employee’s attorneys’ fees and costs associated with the “wrongfully” issued temporary restraining order.

Read the full article here.

DigiCert Hires Two IT Veterans to Help Increase Company Growth

Wed, 15 May 2013 04:00:00 GMT

DigiCert Hires Sales VP Alan Raymond and Director of Project Management and QA Dan Timpson

Raymond, Timpson bring combined nearly four decades of experience within high-tech, security, channel sales to continue DigiCert’s growth momentum

LINDON, UT (May 15, 2013) — Today, leading global authentication and encryption company DigiCert announced the hiring of high-tech and medical sales veteran executive Alan Raymond as its new Vice President of Sales; the company also has hired security researcher and QA professional Dan Timpson as its new Director of Project Management and Quality Assurance. Raymond and Timpson bring to DigiCert a combined nearly four decades of experience, immediately bolstering the company’s enterprise and channel sales capabilities as well as its product platform performance and security, respective to their individual areas of expertise.

“As DigiCert continues to expand its product offerings and outpace the competition in market share growth, we are attracting top-level talent to help us continue to meet and exceed our customers’ expectations,” said DigiCert CEO Nicholas Hales. “Alan and Dan both bring impressive backgrounds and strong expertise within their fields, and we look forward to their numerous contributions in the months and years to come as DigiCert expands its reach internationally and into new emerging market sectors.”

With his hiring, Raymond will immediately contribute to growing DigiCert’s impressive enterprise security client base as well as building out its emerging channel sales and healthcare IT markets. Raymond brings more than 25 years of sales leadership experience to DigiCert, including more than half of that as a senior executive for leading software companies. He also has nearly a dozen years’ experience as a top sales manager within the healthcare industry. His achievements have been recognized as one of the “Top 100 Channel Sales Execs” in VAR Business Magazine and he has been featured in Computer Reseller News. In his most recent position as Sr. Vice President of Global Sales at software solution provider Certiport, Raymond was instrumental in forging key alliances, hosting annual partner conferences and driving strong global sales growth. Outside of work, Raymond actively volunteers in the community and enjoys skiing and playing golf.

Through research and partnership with DigiCert customers, and assessment of emerging software trends, Timpson plans to contribute his expertise to help his team make DigiCert’s product platforms increasingly robust and secure against evolving threats. Timpson joins DigiCert with nearly 15 years’ experience in software engineering, penetration testing and program management, most recently at Microsoft Corporation. Timpson is familiar with multiple programming languages, has more than a decade of applied Linux experience, and has experience with technical French. He enjoys researching software security issues, and is the co-founder of testingsecurity.com. Timpson is a frequent presenter and has participated in security testing and hacking competitions. In his spare time, Timpson enjoys playing jazz music on the piano and is a USPTA-certified tennis professional.

About DigiCert, Inc.
DigiCert is a premier online trust provider of enterprise security solutions with an emphasis on authentication, PKI and high-assurance digital certificates. Headquartered in Lindon, Utah, DigiCert is trusted by a continually growing clientele of more than 70,000 of the world’s leading government, finance, education and Fortune 500® organizations. DigiCert has been recognized for its excellence in customer support and the workplace, and was applauded for its value-added product features with the 2011 Frost & Sullivan Customer Value Enhancement Award for SSL Certificates. For the latest news and updates on DigiCert, visit www.digicert.com, like DigiCert on Facebook® or follow Twitter® handle @digicert.

Adobe CEO to Keynote Hall of Fame + Skilled Workers’ Bill Call to Action

Tue, 14 May 2013 04:00:00 GMT

Dear members, investors and friends of UTC:

I’m excited to announce that we’ll once again have the pleasure of welcoming a prominent, global CEO to Utah as our Hall of Fame keynote speaker for 2013. Additionally, I’d like to fill you in on a hot opportunity to get involved in decisive legislation that is critical to our industry.

Adobe CEO to Keynote Hall of Fame

The keynote speaker of this year’s Hall of Fame will be Shantanu Narayen, the highly-respected CEO driving Adobe’s success. We owe special thanks to our great friend U.S. Senator Orrin Hatch for arranging this unique opportunity.

As you surely know, Adobe has placed a high priority on their expansion plans in Utah. Next to their iconic Lehi facility—which has generated over $1 billion in annual sales in just a couple of years—they intend to put up two more buildings to house an additional 1,000 employees each. With UTC board member Brad Rencher as Adobe’s SVP and General Manager of Digital Marketing, Utah’s industry has so much potential to go well beyond where we currently are.

Adobe’s CEO and board clearly see Utah as the place to expand and invest, and it is with this in mind that we feel especially honored to have Mr. Narayen at our Hall of Fame Gala this fall. Save the date: Friday, October 18, 2013. This will be a must-attend celebration!

Also, stay tuned for the announcement of this year’s Hall of Fame inductees!

National Legislative Call to Action: Skilled Workers

Last week, UTC held a very successful CEO Roundtable with U.S. Senator Mike Lee. At the table, 24 of our CEOs engaged in candid dialogue with the Senator as each explained their business challenges. The overriding “pain metric” for all 24 was not having adequate skilled workers to hire here in Utah.

A bipartisan immigration bill going through the Senate now has the potential to alleviate some of this pain. Included within immigration reform is Skilled Workers’ Legislation which tackles issues vital to the technology industry. That includes the H-1B visa cap that prevented nearly 40,000 high-skilled workers from accepting job offers in the U.S.

It’s a complex and polarizing issue, but the Innovation Community cannot be silent on the topic of skilled workers. Thousands of open, high-paying positions are going unfilled in Utah! The larger comprehensive immigration bill can’t continue to hold the Skilled Workers’ portion of the bill hostage.

It’s highly exceptional to have both of our U.S. senators on the Senate Judiciary Committee that hears these critical issues. As they revise this legislation, they need to hear from us.

The CEO Roundtable was a great start, and now there is more that we can do:

May 23 Action Item: Skilled Workers’ legislation will be a major discussion item at our next Public Policy Forum, May 23 at 3:30 p.m., here at the UTC offices. After the Forum, we’ll have an outreach to Senators Hatch and Lee. We’re eager to have input from the industry, so please let us know that you can attend.

To be informed of additional Calls to Action as this issue heats up, send an email to Breana at bjones@utahtech.org and we’ll add your name to the growing Skilled Workers’ CTA list.

UTC members’ efforts to share your concerns are always extremely successful. There’s a closing window to get this substantial legislation passed, and it could unlock a critically-needed workforce to fuel the growth of your technology companies.

I hope we can count on your involvement!

I’d welcome hearing from you,

Richard R. Nelson
President and CEO
rrn@utahtech.org

Jones Waldo named Pro Bono Publico Law Firm of the Year

Mon, 13 May 2013 04:00:00 GMT

FOR IMMEDIATE RELEASE
Media Contact:
Marina Gomberg
The Summit Group
801-983-8460
mgomberg@summitslc.com

SALT LAKE CITY – May 13, 2013 – Jones Waldo, one of Utah’s most enduring and prestigious law firms, was recognized on May 1, 2013 as the Utah State Bar Association’s Pro Bono Publico Law Firm of the Year during the Law Day 2013 celebration. This distinction recognizes the work of shareholder George R. Sutton, associate Shane Shumway (formerly of Jones Waldo) and Legal Administrative Assistant Tami Dobbs on an eviction case referred to the firm by Legal Services. The team assisted the client in proving he had not breached the contract with the landlord and that he had clear title to his dwelling.

“We, as a firm, are proud of their efforts and Jones Waldo’s commitment to making legal services accessible,” said Keven M. Rowe, president of the firm. “These three attorneys put in more than 200 hours and more than a year litigating a contract dispute for this pro bono client.”

The theme of this year’s Law Day is, “Realizing the Dream: Equality for ALL.” Events continue throughout the month of May. The luncheon also recognized students and lawyers who have gone above and beyond to serve their clients and their communities.

“Jones Waldo continually supports pro bono efforts of their attorneys and enables them to fight for those who otherwise would have no justice,” said Utah State Bar Access to Justice Coordinator Michelle V. Harvey. “We thank Mr. Sutton, Mr. Shumway and Ms. Dobbs for their tireless work.”

The award was presented by former Supreme Court Justice Christine Durham.

For more information on the firm, please visit joneswaldo.com, or visit utahbar.org to find more information on the Utah State Bar Law Day 2013 honorees.

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About Jones Waldo
Since 1875, Jones Waldo has provided legal services to the businesses and community organizations that support and grow the state’s economy. Built on a strong foundation of service and knowledge of Utah’s core industries, the firm continues to evolve through meeting new challenges, finding innovative solutions and advancing legal trends in the state. With departments in business, real estate and litigation, attorneys at Jones Waldo have expertise to solve complex client needs in nearly every area of business. Jones Waldo has offices in Salt Lake City, Park City, St. George, Provo and the Chicago metro area. Information can be found at www.joneswaldo.com.

Dorsey eUpdate: RMB Bond Issue in Hong Kong - Part 1

Thu, 09 May 2013 04:00:00 GMT

A growing number of foreign and Chinese companies are accessing the renminbi (“RMB”) bond market to fund projects, enhance liquidity and improve their working capital in China. These companies can raise capital while avoiding time-consuming IPOs, rights issuances and secondary offerings. It also offers a cheaper form of RMB financing to an issuer than that raised onshore. An RMB bond offers investors (who have few options to invest in offshore RMB) exposure to RMB. The Hong Kong RMB bond market, also known as the Dim Sum bond market, is the first offshore market for Chinese currency investments and has increased significantly in the past few years. This eUpdate is part 1 in a series of eUpdates on this topic. Part 1 deals with laws and regulations applicable to, and features of, an RMB bond. Part 2 discusses points that an RMB bond issuer should consider. Part 3 deals with the documentation and issue process of an RMB bond.

Read the full article here.

Russell K. Smith honored by Utah Bar Association

Thu, 09 May 2013 04:00:00 GMT

Salt Lake City — The Business Law Section of the Utah Bar Association has honored attorney Russell K. Smith as the 2012-2013 Distinguished Business Law Practitioner of the Year.

Smith, a shareholder with Durham Jones & Pinegar (D|J|P) who chairs the Firm’s Business & Finance Section, was honored for his contributions to the legal profession in Utah. The award was given in part for his service as the former chair of the Business Law Section of the Utah Bar Association, and more recently as for his efforts over the past four years helping to draft and pass the new Utah Limited Liability Company (LLC) statute that was signed into law by Governor Gary Herbert on April 1.

According to Smith, Utah’s previous LLC law had not been modified for many years and had not been amended to reflect subsequent judicial decisions and other legal and business developments. Smith said he and other attorneys at the firm recognized an opportunity to enhance the LLC law to make it more current and business friendly.

“I’m honored to be recognized, but more than anything I’m excited about the opportunities that this new law gives to businesses in Utah,” Smith said. “The new law gives businesses flexibility and protection that wasn’t available before. It’s rewarding as an attorney to help business owners realize better results with this new law.”

In addition to chairing the D|J|P Business and Finance Section, Smith represents clients in a range of industries and sectors, including venture capital, life sciences, software, internet, real estate, manufacturing, retail, telecommunications and energy (including oil and gas). He is a 1992 graduate (cum laude) of the J. Reuben Clark Law School at BYU and holds a Bachelor of Science degree (cum laude) in Business Finance from BYU. Before joining D|J|P in 2004, Smith worked an international law firm in the firm’s Silicon Valley and San Diego offices.

Smith and others from the firm will be presenting the main changes of the bill in a complimentary lunch seminar for business owners on Thursday, May 30, from 12:30 p.m. to 1:30 p.m. at the offices of Durham Jones & Pinegar, 111 E. Broadway, Ste 900. To register for the event, please go to www.djplaw.com/llc-seminar.

The new LLC statute was introduced as Senate Bill 21 during this year’s Utah’s legislative session. It was sponsored by State Senators Lyle Hillyard (R) from the 25th senate district in Cache and Rich Counties, and V. Lowry Snow (R) from the 74th District from St. George.

About Durham Jones & Pinegar: Durham Jones & Pinegar is one of the largest law firms in the state of Utah. The firm was named No. 1 in Utah for its business and transactions law practice by Super Lawyers. It has also been named a Tier 1 Law Firm by U.S. News & World Report’s Best Law Firms in the areas of Banking & Finance Law Bankruptcy & Creditor Debtor Rights/Insolvency and Reorganization Law, Corporate Compliance Law, Corporate Law, Family Law, Litigation – Bankruptcy, and Mergers & Acquisitions Law. It has offices in Salt Lake City, Provo, Ogden, St. George, and Las Vegas, NV. For information, visit www.djplaw.com.

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MWCN Utah 100 Invitation to Apply!

Wed, 08 May 2013 04:00:00 GMT

MountainWest Capital Network (MWCN) is now accepting applications for the 2013 MWCN Utah 100 Awards, and we are inviting your company to apply. This year is the 19th anniversary of the Utah 100 Awards Event and we continue our tradition as the pre-eminent tribute to the fastest growing and most exciting companies in Utah. Our awards luncheon will be held on October 22, 2013 at the Grand America Hotel.

There are 3 categories: Fastest Growing, Top Revenue Growth and Emerging Elite. To qualify for consideration, a company must be a Utah-based, for-profit entity.

The Fastest Growing and Top Revenue Growth category companies must have been in business for at least the last five consecutive years (2008-2012) and must have had a minimum of $50,000 in total revenue in fiscal 2008. Winners will be selected and ranked based upon percentage increases in revenue during the five consecutive year measuring period.

Candidates for the Emerging Elite Awards are Utah-based, for-profit companies with less than five years but at least two years of operating history, and show great promise for future success. Winners will be selected by our Selection Committee based on financial data and other factors.

MWCN encourages all companies to apply regardless of their percentage growth rate. The percentage growth necessary to qualify varies from year to year, and if your company qualifies, it deserves to be recognized.

There is no cost to apply. All financial information submitted will be held confidential and utilized only by the Selection Committee. No financial information will be published or made publicly available. Companies selected for inclusion in the 2013 MWCN Utah 100 Awards Event will be notified by the end of August 2013.

To honor the winning MWCN Utah 100 companies, an awards event will be held on October 22, 2013 at the Grand America Hotel in Salt Lake City, with an exclusive winners and sponsors reception scheduled for the hour before the event. Winners are encouraged to share the excitement of winning by inviting company employees, customers and other guests to the awards event. The awards program will attract more than 1,200 attendees, who will include local business and government leaders and many media representatives. Winners will receive a MWCN Utah 100 certificate and will have a photograph opportunity with our distinguished guest. A book listing all winners and their rankings will be provided to all attendees. Winners will also be recognized in local publications.

All applications must be submitted by June 30, 2013. Instructions for applying are available at www.mwcn.org, where you can apply online with further directions for submitting your completed application. Please note that there are two official application forms – the standard form for those companies applying for either the Fastest Growth or Top Revenue Growth category applications, and one for Emerging Elite category applicants. You may submit only one application; please submit the one that fits your situation. Questions regarding the MWCN Utah 100 Award Event should be directed to the MWCN Utah 100 hotline at (801) 966-1430 or email at cheri@mwcn.org.

Whether your company is selected as a MWCN Utah 100 winner or not, we encourage you to attend the awards event. Please RSVP your attendance online at www.mwcn.org. We look forward to your participation in the 2013 Utah 100 Program!

We also encourage you to consider membership in the MountainWest Capital Network, Utah’s leading investment and deal-flow organization. Membership information is available online at www.mwcn.org.

Todd Reece
Chairman, 2013 MWCN Utah 100 Program

Quinton Stephens
Vice-Chairman, 2013 MWCN Utah 100 Program

ESG Recognized as #1 PEO in Utah

Wed, 08 May 2013 04:00:00 GMT

Utah Business Magazine recently published its 2013 Book of Lists, naming ESG as the #1 Professional Employer Organization (PEO) in Utah. In this publication, over 1,700 businesses are listed and ranked across 60 business listings to spotlight Utah's most economically impactful businesses.

ESG helps companies of all sizes become more profitable. Just as many companies outsource their accounting, janitorial, or lawn care services – ESG manages the increasingly complex employee issues and assumes full liability for payroll and tax issues, allowing clients to focus on growing their business. To learn more, please contact us today! www.esghr.com

So You Want to Go Public

Wed, 08 May 2013 04:00:00 GMT

At the IPO clinic on May 8, 2013, hosted by Ernst & Young, 53 attendees heard from a panel on the subject of IPOs.

The panel members included:

William J. Cernius (bio), Partner, Latham & Watkins LLP
B. Shayne Kennedy (bio), Partner, Latham & Watkins LLP
David Jolley (bio), Partner, Ernst & Young

Event Items:

Audio

PowerPoints

E&Y's guide to going public (PDF)
Institutional Investor Survey (PDF)
IPO Session with E&Y and Latham Watkins (PDF)

Photo Gallery

ReportTime to launch "Lite" product at Texas Conference

Tue, 07 May 2013 04:00:00 GMT

ReportTime invites you to become INDEPENDENT at the 31st Annual APA Congress in Grapevine, TX on May 7th – 10th 2013

Thursday May 2, 2013 – Salt Lake City, UT

Labor Management, Payroll and HR Executives, come see us at Booth #209 with our partner Time Management (CMI) a leading biometric hardware provider.

“ReportTime Lite” is the newest time and attendance release by ReportEnterprise. A “lite” version of the full product, ReportTime Lite is designed for rapid deployment at a more affordable price for companies with fewer than 500 employees. Special show pricing will be offered for attendees who purchase or sign up as a Reseller for ReportTime Lite by Independence Day, 4th of July 2013. Veterans are asked to speak directly with Daniel Higbee at the show regarding the Reporting4Duty opportunity.

"Requests by both the small business market and resellers drove the decision to release a Lite version of ReportTime. Its more affordable and specifically designed for smaller companies as well as those that need a fully configurable rules engine capable of handling complex environments with bargaining agreements for example, that many smaller systems aren’t able to address. Personally, I’m looking forward to working with the resellers around the country and providing them a product that they are able to offer nearly any business knowing it will meet their pay rule requirements.” Said Daniel Higbee, CEO.

About ReportTime
ReportTime provides a time and labor management software-as-a-service solution designed for a global marketplace. With headquarters in Salt Lake City, ReportTime has implementation and sales offices around the world. ReportTime offers easy adoption, implementation, business intelligence, and automation, enabling businesses to be more profitable and efficient. For a demonstration, pricing or other information, visit reporttime.com or call us at 855-778-TIME (8463).

UTC Names Chet Linton of School Improvement Network as New Chairman

Mon, 06 May 2013 04:00:00 GMT

-Alan E. Hall retires as chairman after five years of valued service to the organization at the UTC’s Annual Members’ Meeting; new UTC trustees announced-

SALT LAKE CITY, May 6, 2013 – The Utah Technology Council (UTC) (http://www.utahtech.org/) is moving forward in 2013 with Chet Linton, president and CEO of School Improvement Network, as its new chairman of the board. Utah businessman Alan E. Hall has retired as chairman after five years of service to the organization. New vice chairs are Christine Archibald, president and CEO of ManagementPlus, and Mark Sunday, CIO of Oracle.

“Mr. Hall leaves some big shoes to fill,” said Linton. “That being said, I have tremendous confidence in this organization’s executive team and its trustees. I look forward to serving in this capacity and am excited to help Utah continue to be at the forefront in providing a great home for technology companies.”

Linton has been involved as CEO, president, and vice president of the several endeavors that led to the creation of School Improvement Network since 1991. In these various capacities he has continually been on the national and international stage as the face of innovation and education.

In addition to naming its new chairman, the UTC also announced its 2013 slate of trustees at its recent Annual Members’ Meeting.

“We were able to accomplish a lot in 2012,” said Richard R. Nelson, president and CEO of the UTC. “I know that we will continue to move forward with strength throughout 2013 with our terrific new chairman and trustees paving the way for UTC to continue to be a leader in helping to grow and protect our stellar Utah technology companies.”

New UTC Trustees and Photos:

Neil Ashdown, President, iSchool Campus: Dr. Ashdown most recently worked as a senior vice president in the banking industry and as the national deputy campaign manager for the Jon Huntsman for President campaign. On two occasions, Ashdown served as chief of staff to Jon Huntsman Jr.; first in the Utah Governor’s office and later when Mr. Huntsman served as the U.S. Ambassador to China. Ashdown is widely viewed as an expert on strategic economic development through enhanced K-12 educational systems. Ashdown has a Ph.D. in Political Science from the State University of New York, and bachelor’s and master’s degrees from the University of Utah.
Tom Carlin, CEO, Inovar: Inovar is a premier EMS Company in the western U.S. Mr. Carlin has over 20 years of executive management experience. He served as President and COO of MSD Performance, a leading automotive performance company prior to Inovar. Before MSD Performance, Mr. Carlin was President of Edge Products, which was twice named to Inc. magazine’s 500 fastest-growing companies. Mr. Carlin joined Edge Products after a successful tenure with McKinsey & Company in both their Atlanta and Sydney, Australia offices. Carlin holds a Bachelor of Science degree in engineering from the University of Michigan and an MBA from Harvard Business School. He graduated with honors from both institutions.
Steve Daly, President and CEO, LANDesk: Mr. Daly is responsible for driving new and existing LANDesk business, as well as overseeing the creation of innovative IT management solutions. Daly served as senior vice president of corporate strategy for Avocent Corporation from 2003 through 2006 and was responsible for driving strategic planning and business development. He previously served as president and CEO of Soronti, Inc., a remote management vendor acquired by Avocent in 2003. Before Soronti, Daly managed various marketing and finance positions at Intel Corporation and was director of marketing for the LANDesk Systems Management division of Intel. Daly holds a bachelor's degree in mechanical engineering and an MBA from Brigham Young University.
Adam Edmunds, Founder, Allegiance, Inc.: In 2004, at the age of 24, Edmunds founded an ethics reporting company called SilentWhistle, which was acquired by Global Compliance in 2009. Edmunds has received numerous entrepreneurial awards, including being named an Ernst & Young Entrepreneur of the Year Finalist in 2010, both Utah Business Magazine’s and Digital IQ’s 40 Under 40 lists, and the 2004 BYU Entrepreneur of the Year. He holds a master’s degree in accounting from BYU.
Todd Follmer, CEO, inthinc: Follmer joined inthinc as CEO in 2006 and has managed the expansion of the company’s business from crash data recorders into a comprehensive fleet management and driver behavior mentoring system. Under his leadership, inthinc has increased annual revenue from $3M to $35M. Prior to inthinc, Mr. Follmer accumulated more than 20 years of investment and management experience with Salomon Brothers; Donaldson, Lufkin and Jenrette; and Engles, Urso, Follmer Capital Corporation. In addition, he sits on the board of directors for Aerus LLC and Tristar Enterprises. Follmer holds a bachelor’s degree in finance and computer science from the University of Central Florida and an MBA from the University of Texas.
Shawn Goff, Managing Partner, Ernst & Young: Mr. Goff is a 16-year veteran of Ernst & Young LLP’s Salt Lake City office and has served many of the area’s leading and high-growth companies in a variety of industries that include: technology, financial services, aerospace, health care and real estate. In addition to his business leadership, Goff is equally committed to being a contributing leader in his community. He serves as a member of the board of directors for the Discovery Gateway Children’s Museum and the Greater Salt Lake Area Chapter of the American Red Cross. He is also a member of the Brigham Young University School of Accountancy Advisory Board. Goff received a bachelor’s degree and master’s degree in accounting from Brigham Young University. He is a CPA licensed to practice in Utah, and a member of the Utah Association of Certified Public Accountants and the American Institute of Certified Public Accountants.
Rob Kain, Partner, Pelion Venture Partners: Mr. Kain joined Pelion Venture Partners in 2011. Prior to joining Pelion, Rob was a senior executive at Novell, Inc. for 12 years fulfilling a number of different operational roles. Most recently, Rob served as vice president of corporate development, treasury and investor relations. Prior to this, Kain worked on the engineering side of the business, where he served as vice president of product management for the Linux and Platform Services business unit, which generated over 60 percent of Novell’s revenue. Prior to Novell, Rob was an associate with the Mitchell Madison Group, a management consulting firm. Mr. Kain’s career started as an engineer working in the space program with Lockheed Space Operations Company and Booz, Allen & Hamilton. Rob has earned his MBA from the Tuck School of Business at Dartmouth, a Master of Science in Physical Science from the University of Houston – Clear Lake, and a Bachelor of Science in Aerospace Engineering from the University of Florida.
Brian Levin-Stankevich, President, Westminster College: Mr. Levin-Stankevich is a native of Buffalo, NY and the 17th president of Westminster College. Previously, he held the position of Chancellor at the University of Wisconsin-Eau Claire. Prior to his chancellorship at Eau Claire, he was interim president of Eastern Washington University. “Dr. Brian,” as his students know him, earned his doctorate and master’s degrees in history from the State University of New York at Buffalo. He holds a bachelor’s degree in history from Hamilton College and spent a year at St. Petersburg State University in Russia as a Fulbright Fellow. President Levin-Stankevich is the recipient of the 2011 President’s Award (NASPA) and the 2006 Regents Teaching Excellence Department Award.
Ben McAdams, Mayor, Salt Lake County: Mayor McAdams is a former Utah state senator and senior advisor to Salt Lake City Mayor Ralph Becker. His legislative record includes strengthening child safety standards and consumer protections, eliminating housing and employment discrimination and increasing funding for mass transit. Mayor McAdams is a corporate finance attorney who has practiced with firms in New York and Salt Lake City, where he represented clients in complex public and private securities transactions.
Greg Pesci, CEO, ProPay: Mr. Pesci has over 12 years of experience in financial institution and payments law. Prior to joining ProPay in 2006, he served as associate general counsel and senior vice president of product development for Merrick Bank Corporation. His responsibilities included both the issuing and acquiring activities of the bank. In addition, Mr. Pesci has served as counsel in the Patent Division for Procter & Gamble. His educational background includes a Bachelor of Arts Degree in International Relations; a Master’s Degree in Organizational Behavior; and a law degree with honors from Brigham Young University.
Jerry Ropelato, Founder and CEO, WhiteClouds: Mr. Ropelato is currently the CEO of WhiteClouds, a new Internet startup focused on 3D Printing Technology, and chairman of TechMediaNetwork. He has 30 years in the technology sector and has authored two technology books. He founded Internet Publisher TechMediaNetwork and acquired Laptop Magazine and Space.com. He has held technology management positions at ContentWatch (now NetNanny) and Iomega. Ropelato is an accomplished public speaker and is active on many corporate and educational boards of directors. He received his Bachelor of Science degree in accounting and data processing from Weber State University.
Joe Swenson, CEO, Imagine Learning: Mr. Swenson joined the Imagine Learning team in November 2011 after serving as president of the Chile, Concepción South Mission for the Church of Jesus Christ of Latter-day Saints. Previously, the president and CEO of Dyna Vox Systems, a communications and education solutions company, Swenson has extensive experience determining market potential, instilling company-wide passion and implementing new technology into a company’s system and products. He obtained an MBA from Brigham Young University.
Mark VanOrden, CIO, State of Utah: Mr. VanOrden was appointed by Governor Gary Herbert in September 2012 to serve as the State of Utah's CIO and executive director of the Department of Technology Services (DTS). As executive director of DTS, he is responsible for all of the IT activities for the State Executive Branch agencies. VanOrden previously served as the IT director for the Department of Workforce Services from 2006 to September 2012. He is the distinguished recipient of the Merrill Baumgardner Award in 2007.
Charles Wight, President, Weber State Universtiy: Prior to taking office as 12th president of Weber State University on Jan. 1, 2013, Wight served three years as dean of the Graduate School at the University of Utah, where he was also the associate vice president for Academic Affairs and a full professor in the Department of Chemistry. In his 28 years at the U of U, he held several administrative posts. Wight, a physical chemist, received a bachelor’s degree in chemistry in 1977 from the University of Virginia and a Ph.D in chemistry in 1982 from the California Institute of Technology. He has filed three patents and is the co-author of more than 150 peer-reviewed publications and two books.

For more information on the UTC or becoming a UTC member, please contact our Member Services Director Devin Spann at dspann@utahtech.org or call 801-568-3500.

About the Utah Technology Council

The UTAH TECHNOLOGY COUNCIL is the state’s premier professional association for “growing and protecting” over 5,500 high tech, clean tech and life science companies. At its core, UTC exists to help businesses become globally competitive, to address the serious Talent Shortage faced by Utah technology companies, and to assist entrepreneurs in gaining access to funding. Members join UTC to share insights with industry peers, counsel with government and academic leaders and receive help from professional service providers and funding resources.

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UTC PR Contact:
Judy Young, Executive Director
T) 801 568-3500
jyoung@utahtechcouncil.org

PR Agency Contact:
Cheryl Snapp Conner
Managing Partner, Snapp Conner PR
T) 801 994-9625
C) 801 376-2158
cheryl@snappconner.com

The Jones Waldo Board of Directors Elects Two New Shareholders

Wed, 01 May 2013 04:00:00 GMT

FOR IMMEDIATE RELEASE
Media Contact:
Marina Gomberg
The Summit Group
801-983-8460
mgomberg@summitslc.com

SALT LAKE CITY – May 1, 2013 – Jones Waldo, one of Utah’s most enduring and prestigious law firms, has elected Adam T. Mow and Travis Marc Wilson as its newest shareholders.

Mow, a graduate of the University of Utah S.J. Quinney College of Law, has been with the firm for just more than a year practicing construction law in the firm’s Real Estate Department. As both a licensed architect and the president of the American Institute of Architects Utah Chapter, Mow’s contributions to the firm have been unique and significant. He has expertise in representing architects, engineers, contractors and other members of the construction industry.

Wilson has practiced both business and real estate law at Jones Waldo since he graduated from Creighton University School of Law in 2003. He has been with the firm since 2006 and handles complex business transactions, with a special emphasis on mergers and acquisitions, corporate securities, private equity and venture capital, start up and emerging growth companies, direct sales, real estate development and leasing, and intellectual property licensing.

“We congratulate Adam and Travis for their recent election as shareholders. Their commitment and dedication to the firm has earned them the trust and confidence of their clients and peers,” said Keven M. Rowe, president of Jones Waldo.

For more information on the firm or its shareholders, please visit www.joneswaldo.com.

About Jones Waldo
Since 1875, Jones Waldo has provided legal services to the businesses and community organizations that support and grow the state’s economy. Built on a strong foundation of service and knowledge of Utah’s core industries, the firm continues to evolve through meeting new challenges, finding innovative solutions and advancing legal trends in the state. With departments in business, real estate and litigation, attorneys at Jones Waldo have expertise to solve complex client needs in nearly every area of business. Jones Waldo has offices in Salt Lake City, Park City, St. George, Provo and the Chicago metro area. Information can be found at www.joneswaldo.com.

Cambric Acquired by Tata Technologies

Fri, 26 Apr 2013 04:00:00 GMT

Cambric, a premier US-based engineering services company, to be acquired by Tata Technologies

Expands Cambric market access and capabilities to Asia Pacific region and the Automotive sector
Provides Tata Technologies access to high-end, systems engineering, engine design and powertrain engineering capability
Strengthens Tata Technologies’ presence in the global Construction and Heavy Equipment sector
Delivery expansion with addition of ~450 highly-experienced engineers in Romania and US
Near-shore delivery presence in Eastern Europe

SALT LAKE CITY — Tata Technologies, a leading global provider of engineering services and manufacturing enterprise IT, today announced that it has signed definitive agreements for the acquisition of US-based Cambric Corporation, a premier engineering services company providing turnkey engineering services to its customers. The partnership will strengthen Tata Technologies’ global footprint and domain capabilities to provide high-end engineering services to a diverse set of existing and new clients, especially in Europe. It will also provide Cambric access to the Asia Pacific region.

Cambric is a US headquartered global engineering services company with a significant footprint in Eastern Europe. The company has three development centers in Romania and its customers include some of the world’s marquee heavy machinery, agricultural, off-highway and automotive companies. Cambric provides system level engineering and design capabilities in engine, powertrain, chassis/structures, body, electrical and hydraulic systems to its global customers. Cambric is a privately held company with private equity investors holding majority stake in the company. Cambric had revenues of $25 million as of 31st December 2012 with majority of revenues coming from the Construction and Heavy Equipment sector.

Commenting on the acquisition, Patrick McGoldrick, Managing Director and CEO, Tata Technologies, said; “Cambric gives our customers in the Construction and Heavy Equipment, as well as in the Auto sector, access to specialists in this field as well as an access to Cambric’s powertrain expertise. Additionally, Cambric’s customers will have access to Tata Technologies’ footprint in Asia Pacific and complementary capabilities including embedded systems, enterprise IT and extensive automotive domain experience.”

“I am pleased to welcome them to the Tata Technologies family,” added Patrick McGoldrick.

Tim Hayes, CEO, Cambric, said, “We are excited to become a part of Tata Technologies ambitious growth strategy and look forward to providing our customers the added breadth, depth and global footprint that the combined entity provides. We see this combination of our two companies as a means to match our clients’ global operations with our own engineering footprint. We will now have similar engineering capability in the Asia Pacific region to supplement our significant Romanian and US presence.”

Cambric was advised by Rothschild, Inc. and Holland & Hart LLP. The transaction is subject to customary closing conditions.

About Tata Technologies

Tata Technologies, founded in 1989, enables ambitious manufacturing companies to design and build better products through engineering services outsourcing and the application of information technology to product development and manufacturing enterprise processes. With over 6,000 engineers, representing 17 nationalities, Tata Technologies focuses on the manufacturing industry – covering every aspect of the value chain from conceptualization, manufacturing and aftermarket/MRO support. The Company supports clients through comprehensive engineering services and IT processes and tools to manage product development and the complete manufacturing ecosystem. Tata Technologies serves clients in 25 countries, with a delivery model specifically designed for engineering and IT engagements that offers a unique blend of deep, local expertise integrated with our six global delivery centers: Detroit (USA), Coventry (UK), Pune and Bangalore (India), Stuttgart (Germany), and Bangkok (Thailand). The international headquarters is located in Singapore. www.tatatechnologies.com

About Cambric

Cambric provides end-to-end engineering services to some of the world’s most prestigious heavy-machinery, off-highway and automotive companies. Since its incorporation in 1989, Cambric has become a worldwide leader in high-end engineering services in relevant industries. Cambric is a U.S. headquartered company with engineering centers and customer-focused project managers around the globe. www.cambric.com

Contacts

Tata Technologies
Daniel Saad, Director of Communications – NA
+ 1 (248) 225 8831
daniel.saad@tatatechnologies.com

Cambric Corporation
Nathan Black, Manager, Marketing
+ 1 (801) 415 7357
nblack@cambric.com

About the Tata group
Tata Technologies is a part of the Tata group, which comprises over 100 operating companies in seven business sectors: communications and information technology, engineering, materials, services, energy, consumer products and chemicals. The group has operations in more than 80 countries across six continents, and its companies export products and services to 85 countries.

The total revenue of Tata companies, taken together, was $100.09 billion (around Rs475,721 crore) in 2011-12, with 58 percent of this coming from business outside India. Tata companies employ over 450,000 people worldwide. The Tata name has been respected in India for more than 140 years for its adherence to strong values and business ethics. www.tata.com

Agile Innovation

Fri, 26 Apr 2013 04:00:00 GMT

Innovation. The very word has become steeped in both cliche and myth. Most organizations desire innovation but few know how to foster innovative teams. We know innovation when we see it but not how to reliably reproduce it ourselves. Is it only possible to innovate at companies like Apple, Amazon, and Google or are there tools to help ordinary teams become extraordinary? Are there processes that can easily be put into place to improve innovation? How does it all fit together with popular agile frameworks like Scrum?

Kurt Williams, CTO of MindShare, discussed these questions and more at our recent CTO forum.

Event Items:

Audio | Photos available to members only

Forbes Editor Tells UTC Members to Prep for Industry Changes

Wed, 24 Apr 2013 04:00:00 GMT

Salt Lake City — Utah technology companies need to prepare for seismic changes within their respective industries in order to continue being successful, according to Tom Post, managing editor of Forbes Magazine.

Post recently delivered this message to attendees at the Utah Technology Council’s (UTC) Annual Members’ Meeting.

“Look at the huge changes that have taken place in journalism because of technology,” Post said. “There has been a dramatic shift in what constitutes news – and how people consume it. Most folks don’t get their news from reading a newspaper or watching television at 6 or 6:30 any more. We have to deliver it whenever people want it and on the device of their choice. This change has caused massive layoffs in the industry – and a shift to non-staff outside contributors for some of it.”

“Who knows what this is?” he asked, pointing to his mobile phone. “Yes, it’s an iPhone. It’s also a grenade with the pin pulled out. And it keeps on exploding.”...read full article

Utah Technology Businesses: Prepare for Disaster

Mon, 22 Apr 2013 04:00:00 GMT

-Tom Post of Forbes Magazine urges Utah tech companies to ask themselves, “What is going to disrupt my industry in five years?” at the Utah Technology Council’s Annual Members’ Meeting-

SALT LAKE CITY, April 22, 2013 – Mr. Post recently delivered this message to attendees at the Utah Technology Council’s (UTC) (http://www.utahtech.org/) Annual Members’ Meeting.

“Look at the huge changes that have taken place in journalism because of technology,” said Post. “There has been a dramatic shift in what constitutes news – and how people consume it. Most folks don’t get their news from reading a newspaper or watching television at 6 or 6:30 any more. We have to deliver it whenever people want it and on the device of their choice. This change has caused massive layoffs in the industry – and a shift to non-staff outside contributors for some of it.”

“Who knows what this is?” he asked, pointing to his mobile phone. “Yes, it’s an iPhone. It’s also a grenade with the pin pulled out. And it keeps on exploding.”

He posed a question to the crowd: “What is going to disrupt your industry in five years?” He stressed that companies need to always look for and anticipate the next big thing in their industries and plan to utilize this foresight to improve their businesses and stay ahead of the competition.

“There are now 48 million viewers visiting Forbes.com each month,” said Post. “We have been able to do this with the help of our vast contributor base. This model has been revolutionary in the world of publishing. However, we are still faced with the challenges of our changing industry. Like every business, Forbes will need to continue to strive as hard as ever to be the best in order to stay at the forefront.”

Tom Post's Keynote Address

In addition to hearing from Mr. Post, the UTC presented the following peer awards for industry involvement and community leadership:

CEO of the Year -- Kirk Ririe, BioFire Diagnostics
CFO of the Year -- Mark McBride, LANDesk
CTO of the Year -- Jason Taylor, Allegiance
Emerging Executives of the Year -- Vinny DiGirolamo, IQue Repair; KC Kelly, IQue Repair and Morgan McKell, IQue Repair
HR Executive of the Year -- Erin Fletcher, Cambric Corporation
Marketing Executive of the Year -- Nolan Hout, Compunnel
Sales Executive of the Year -- Alec Ford, Myriad Genetics
Trustee of the Year -- Chet Linton, School Improvement Network
Legislators of the Year -- Representative Val Peterson and Senator Stephen H. Urquhart
Quality Workforce Advocate Award -- Senator Stuart C. Reid
Technology and Innovation Advocate of the Year -- Speaker Rebecca D. Lockhart
Industry Leader of the Year -- Stan Lockhart, IM Flash Technologies
STEM Advocate of the Year -- Tami Goetz, Utah Valley University
Legislative Champion -- Jeff Rogers, Paul Rogers and Associates

“We look forward to our Annual Members’ Meeting each year because it gives us time to reflect on our accomplishments,” said Richard R. Nelson, president and CEO of the UTC. “It gives us a chance to honor both our great members and Utah’s outstanding lawmakers and community builders who help to make Utah a spectacular state for technology businesses to call home.”

Special thanks to our Event Sponsor this year

For more information on the UTC or becoming a UTC member, please contact our Member Services Director Devin Spann at dspann@utahtech.org or call 801-568-3500.

About the Utah Technology Council

Utah’s premier professional association, the Utah Technology Council, has grown 13 percent a year for the past ten years becoming the essential business resource for high tech, clean tech and life science companies seeking to achieve greater success. At its core, UTC exists to foster the GROWTH of the state’s 5,500-plus technology companies, ensure Utah develops the highest QUALITY WORKFORCE in the nation and attract an ever-increasing array of FUNDING. Members join UTC to share insights with industry peers, counsel with government and academic leaders and receive help from professional service providers and funding resources.

###

UTC PR Contact:
Judy Young, Executive Director
T) 801 568-3500
jyoung@utahtechcouncil.org

PR Agency Contact:
Cheryl Snapp Conner
Managing Partner, Snapp Conner PR
P-801 994-9625
C-801 376-2158
cheryl@snappconner.com

Tapping into Utah’s Brightest at the Milford Renewable Energy Fair

Sun, 21 Apr 2013 04:00:00 GMT

Innovators, experts and students alike will gather on May 1, 2013 for the fifth Annual Milford Renewable Energy Fair. The fair attracts people from all across Utah to learn more about renewable energy and the future of the industry in Utah. Hosted by the Southwest Utah Renewable Energy Center (SUTREC), the Milford Renewable Energy Fair will begin at 9:00 am at the Milford High School in Milford, Utah.

The fair will feature booth displays on the latest in renewable energy, energy efficiency, biomass and alternative fuel technologies including several natural gas and electric powered vehicles. Booth display participants include over 30 industry leaders, universities, government agencies, students, and scientists. Additionally, the fair includes educational breakout sessions and overview of renewable energy technologies and activities that include an electric vehicle endurance race, a wind-power resource balloon, miniature solar car races, and a solar pathfinder demonstration.

“The energy sector is a great place to be and having students study energy resources and then create electricity in their own backyard builds confidence and gets them excited about math, science and their future career possibilities,” said Jake Hardman, SUTREC Coordinator. “The fair gathers industry, government, community and academic leaders to the one of the most diverse electricity generating valleys in the world. They are able to speak with students about energy projects, recruit them to work or study with them and also be impressed by how much these young scientists already know. They are also able to see what others in the industry are up to and network with Utah's best and brightest.”

One of the highlights of the fair is the electric vehicle endurance race, which pits high school student teams against each other in a battle of engineering, science and driving skill. The student’s have designed and built electric vehicles, which they race for an hour on a track to complete the most laps.

Andy Swapp, a career and technical education and renewable energy instructor at Milford High School and the Southwest Applied Technology College originally organized the fair to help his students better connect with the growing field of renewable energy.

“The fair is meant to be a lot of fun, but it’s also a look at the future of energy generation and conservation,” said Swapp. He will be joined by Cody Stewart, the Governor's energy advisor, as speakers at the event.

The fair will also host a luncheon for attendees interested in discussing the successes in the renewable energy and energy efficiency industries thus far. The luncheon is also an opportunity to meet with energy industry business leaders, state and local government officials, academic leaders and community members to advance development of the renewable energy industry

The Utah Science Technology and Research (USTAR) initiative is proud to work in collaboration with SUTREC as a sponsor of the annual fair. For more information about the Milford Renewable Energy Fair and to register visit: http://www.sutrec.org/page.php?id=24

$70,000 Entrepreneur Gaming/Tech Contests!

Fri, 19 Apr 2013 04:00:00 GMT

$70,000 Entrepreneur Gaming/Tech Contests!

Real Money. Real Services. Real Help. Over $590K Given Away. Over 95 Companies Launched!

Deadlines: Apr 30th (Tech) & May 31st (Gaming)

Follow For Updates!

Need help getting your awesome new idea or game off the ground? Then enter now to win a share of $70,000 in cash and services to launch your business! The "Concept to Company" competitions are early-stage entrepreneur contests that have awarded 95+ Utah companies nearly $600K over the last five years. Will yours be next?

What: Two C2C Contests: A $45,000 General Technology Innovation Contest and a $25,000 Game Development Contest ("Utah Game Wars"). 8 Finalists for each contest will pitch to industry judges and 3 winners for each will be awarded prizes. Open to Utah residents and small businesses (see website for complete rules).

When: Application deadline: April 30th (Tech Contest) & May 31st (Gaming Contest)

Cost: FREE (Totally Free- No Strings Attached!)

Got the next hot new tech invention or game? Then bring it on and enter today!

Apply Now At: www.ConceptToCompany.org

Follow/Like Us For Updates!

See the Flyers

About Concept to Company & Grow Utah Ventures

The Concept to Company contests are Utah's premier entrepreneur & innovation events organized and hosted by Grow Utah Ventures & Zions Bank. Contests customer focused, regionally hosted, and held year round. Each competition focuses on the unique entrepreneurial strengths of that particular region. (SEE PAST CONTEST WINNERS)

NOTE: The contests are NOT ASSOCIATED with the Grow America Springboard Competitions. Grow Utah Ventures and Grow America Ventures (GrowAm.com) are two separate entities both founded by Alan Hall. However, Grow Utah Ventures is a non-profit entity and is separate from Grow America Ventures which is a for-profit entity. The Grow America contests were founded on the success of C2C and are a ramped-up national version of our contest. Concept to Company contests remain committed to Utah entrepreneurs only.

SPONSORS

Park City Elementary Kids Make World Finals

Thu, 18 Apr 2013 04:00:00 GMT

Dear Utah STEM Supporters,

I am an Odyssey of the Mind (Ootm) coach for the Trailside Elementary school team in Park City, Utah. My team of six 2nd-4th grade students competed at the Utah state competition and placed 2nd, qualifying us for the Ootm World Finals Competition in East Lansing, MI May 22-26!

The kids (and parents alike) are thrilled to compete alongside U.S. and international teams (over 800 students). Unfortunately, we are not able to self fund this adventure. Can you support our efforts to raise the $12,000 it costs to send the team to World Finals? This includes the costs of airfare, lodging, and meals. We have a quick deadline of April 26 that will determine if we can afford to compete.

Ootm develops innovation in children by promoting ‘thinking outside the box’. In addition, it meets STEM, Common Core, and 21st Century Skills through Creative Problem Solving. Odyssey of the Mind is grooming our future leaders, executives, public figures, and inventors of tomorrow.

Odyssey of the Mind
“is an international educational program (founded over 30 years ago) that provides creative problem-solving opportunities for students. Team members apply their creativity to solve problems. They then bring their solutions to competition on the local, state, and World level. Thousands of teams from throughout the U.S. and from about 25 other countries participate in the program.”

As a technology company concerned with innovation, we thought you would find it valuable to sponsor our team. In return, we can publicize your support by: wearing corporate-sponsored shirts at World Finals and issuing press releases/interviews to area media. We hope you can use this occasion to publicize your company’s support of innovation and education throughout Utah.

Please contact me to pledge your support or discuss sponsorship.

Elaine Murray – (435) 659-9066 elaine@elainemurray.com

Important Links:
http://www.iowaodysseyofthemind.com/CURRENT_NEWS_AND_EVENTS.html
http://www.odysseyofthemind.com/downloads/stem_proposal_master.pdf

Utah Ranked # 1 by Milken Institute

Thu, 18 Apr 2013 04:00:00 GMT

Utah ranked #1 in Technology Concentration and Dynamism by the Milken Institute for 2012. View the results indepth at http://statetechandscience.org/statetech.taf?page=overall-ranking&composite=tcci.

April 2013 President's Message

Wed, 17 Apr 2013 04:00:00 GMT

Dear members, investors and friends of UTC:

We’re off to a terrific start this year. The legislative session was possibly our best session yet! See summary of our high-priority public policy accomplishments below to see why it matters to you. Additionally, UTC just kicked off our first-ever “speed networking” event which was a rollicking success!

The March speed networking event was for UTC’s C-level executive members, hosted by Jordan Commons to show off their new meeting space. With a two-hour time slot and almost 50 in attendance, execs whirred around the table to make everyone’s acquaintance in time. In last year’s surveys, you pushed for “structured networking”—and this is what we came up with! You could feel the enthusiasm and many attendees stayed past the end to keep networking. The overall response was “please do this again!” so stay tuned for the next one.

On the Hill, we had another great year working with our many partners and members to champion the issues that matter to the technology industry. We zeroed in on the Talent Shortage and STEM and Rigor in education, as well as other critical issues that impact our member companies. The overall result: a success rate of 5 out of 6 on our High-Priority Legislation!

Keep reading to learn the impact and what it means for your company. Thank you for being part of the “industry voice” again this year!

High-Priority Support Legislation

$10 Million to Advance STEM Education
Science, Technology, Engineering and Mathematics Action Center (HB 139 by Rep. Val Peterson, Sen. Steve Urquhart) – PASSED

The STEM Action Center initiative, with its Board, will use the substantial funds appropriated to create a STEM Action Center to help teachers adopt STEM best practices. The STEM Action Center’s primary goal is to support teacher professional development and excite students with STEM opportunities, by providing effective STEM education/digital learning tools to public K-12 classrooms.

Stronger math and science skills are a must for tomorrow’s technology workforce. The STEM Action Center will help our students be much better prepared to fill the “hot STEM jobs” with thousands of career openings now and in the future!

As our #1 legislative priority, UTC provided strong industry engagement through committee testimonies, Calls to Action and key lobbying support in order to ensure the passage of this critical bill. Other community partners joined with us.

This is one of the most significant pieces of legislation with substantial new funding to pass the 2013 session and will change the course of Utah’s education going forward to prepare our ample workforce to compete globally for jobs today and tomorrow. It was an historic feat for industry, government and education to come together on this important economic development issue.

Aligning Education and Economic Goals
Education Task Force (SB 169 by Sen. Stuart Reid) – PASSED

This bill creates the Education Task Force, which will focus on aligning both public and higher education with the state’s workforce needs and economic development goals. The 14 members of the Task Force (leadership including chairs of education legislative committees) will create a comprehensive plan for K-20 public education. They’ll make recommendations on public education and higher education issues and help legislators better understand where over 100 education bills fit annually.

This significant alignment of appropriators will help support a successful educational system focused on student achievement and industry needs! UTC’s high-priority support of this bill is in line with our passion for further fueling Utah’s industry growth by addressing this serious talent shortage.

Improvements to the School Grading System
School Grading Amendments (SB 271 by Sen. Stuart Adams) – PASSED

This substantially improves the original bill passed by President Wayne Niederhauser in the 2011 Session, which was UTC’s top initiative as a result of Governor Jeb Bush’s strong endorsement that this one initiative has made a significant improvement in Florida’s workforce over the past decade.

With a letter grade (A to F) given to all 1,100 Utah schools, the criteria and procedures for determining school grades include calculation of learning growth and measuring high school students’ college and career readiness.

Governor’s Approval of the State Superintendent
Joint Resolution on State Superintendent of Public Instruction (SJR 5 by Sen. Stuart Reid) – PULLED

This resolution proposed to amend the Utah Constitution to require the Governor’s approval and the Senate’s consent for an appointment of a new State Superintendent of Public Instruction. Also, it would authorize the Governor to terminate the Superintendent after consulting with the State Board of Education. The Governor would then have real input into the quality of Utah’s K-12 education and be held accountable for it. It would require a 2/3 vote by the public to make this needed change.

High-Priority Oppose Legislation

Protecting Industry Leadership in Education
School Board Elections Provisions (HB 59 by Rep. Jim Nielson) – DEFEATED

The goal of this house bill was to repeal the involvement of the Governor and the nominating and recruiting committee in the nomination of candidates for the State Board of Education and establish a primary election for those candidates. Under the existing system, the technology industry has been involved with the nominating process and has been successful in getting industry leaders involved and elected to the state board. With the defeat of this bill, the industry will continue to have a voice in shaping our technology companies’ future workforce with an emphasis on recruiting STEM and Rigor board candidates.

Stopping Industry-Harming Amendments – Internet Tax
Sales and Use Tax Amendments (SB 226 by Sen. Wayne Harper) – DEFEATED

UTC helped to defeat this bill that would have had huge repercussions for the technology industry. We are pushing for the Federal government to weigh in and impose the tax uniformly throughout the country.

Our industry opposed this bill because it is extremely costly to deal with 50 different states’ sales tax laws and any eCommerce enterprise that has an affiliate (service provider) based in Utah would create a nexus, thus subjecting the company to be taxed. The bill had a Constitutional issue and was ambiguous. Under current law, a portion of sales taxes is set aside for transportation and other purposes.

NOTE: Thanks to your involvement this session, we succeeded in advancing industry needs at the Capitol. But there’s still more that we can do! Come be part of the “industry voice” through UTC’s Public Policy Forums where we meet regularly throughout the year. Action: Please contact UTC at 801.568.3500 to be added to the policy email invitation list.

Superintendent to Resign June 30; Board to Continue District’s Direction

Wed, 17 Apr 2013 04:00:00 GMT

SANDY — Dr. David S. Doty, Superintendent of Canyons School District, announced that he is stepping down effective June 30, 2013 to lead Education Direction www.eddirection.com and spend more time with family. Education Direction is a Utah-based education reform firm recognized for improving student outcomes in public school districts and colleges across the country through professional development, actionable research, and strategic consulting.

Dr. Doty made the announcement at the Canyons Board of Education’s Tuesday, April 16, 2013 meeting. Board President Sherril Taylor thanked Dr. Doty for his visionary leadership and exceptional service to the children and patrons of Canyons School District.

“To take this District from (a startup) to where it is now is nothing short of miraculous. We are thankful for that,” Taylor told Dr. Doty following the announcement. “We thank your family for sharing you with us to get us where we are.”

With the consensus of the Board, Taylor stated unequivocally that the direction of the District, including grade reconfiguration and Canyons’ college- and career-ready academic plan, will continue uninterrupted. “All that we are working on,” he said, “we will bring to fruition.”

The Board will meet within the next two weeks to discuss its next steps.

Dr. Doty, who was appointed the first superintendent of Canyons School District in August 2008, guided the fledgling district through multiple legal, financial, and political challenges as it transitioned to independent operations in July 2009. He has become well known for his commitment to college readiness for all students. During his tenure, Dr. Doty successfully conducted a $250 million bond campaign to replace aging schools in the District, led the District through comprehensive school boundary realignment, and implemented the first college-ready high school diplomas in Utah.

Dr. Doty, who holds a law degree and Ph.D. in Educational Leadership from Brigham Young University, as well as a master’s degree from Stanford University’s Graduate School of Education, received the 2010 Communicator of the Year Award from the Utah chapters of the International Association of Business Communicators and the Public Relations Society of America. He also was named the 2011 Educator of the Year by the Utah Technology Council.

When he accepted the Canyons superintendency, Dr. Doty had pledged to make Canyons a world class school district within 10 years. Board member Tracy Cowdell, who was Board President during the 2008 Canyons Superintendent Search, recalled that he asked Dr. Doty to fast-track that goal to five years.

“You capitulated and kept that five-year promise, and the results have been nothing short of miraculous,” Cowdell said. “We are really going to miss you … You’ve been the first through the wall on some difficult issues.”

Education Direction is a wholly owned subsidiary of the Cicero Group www.cicerogroup.com, one of the world’s premier data-driven strategy firms, recently recognized as a “Best Place to Work,” “Best of State,” and one of the “50 Fastest Growing Companies in Utah.”

Randy Shumway, CEO of the Cicero Group, and fellow Education Direction principal, stated: “We could not be more excited about Dr. Doty joining Education Direction. Under his stewardship, Canyons School District has been a model of school reform. By leading Education Direction, he will have the opportunity to translate his local successes to help students all over the country become college ready.”

In announcing his departure, Dr. Doty stated: “It has been the privilege of a lifetime to work with the dedicated parents, business leaders, mayors, legislators, teachers, staff, and school board members in this community to build this new school district. Most of all it has been a blessing to advocate for the 33,000 children who attend school in Canyons School District. I love them and hope that, in some small way, I have been able to give them hope and brighten their futures.”

View accomplishments since Dr. Doty became superintendent in 2008.

About Canyons School District
In November 2007, voters in Alta, Cottonwood Heights, Draper, Midvale and Sandy created the first new school district in Utah in nearly 100 years. Canyons School District began offering services July 1, 2009.

Internship Opportunity: Starlight Productions

Tue, 16 Apr 2013 04:00:00 GMT

Starlight Productions, based in Salt Lake City, is a leading producer of educational animations for the planetarium market (starlight-prod.com). In order to meet growing demand for our products, we are seeking to build a student production team.

Team members will use Digistar and Full Dome products and will have the opportunity to develop a variety of skills including: computer programming/networking, story scripting, video and audio production, creative/conceptual visualization for content, 3D animation, computer networking, and more.

We seek team members with backgrounds in computer programming, graphics, film, math, science, communications, or other related fields.

The duration of the internship can be flexible to meet the team’s needs, although we do require a minimum of 2 months, 10hr/wk commitment. If team members are currently enrolled students and would like credit for this internship, we are willing to work with your home institution to make that happen.

This internship is unpaid. However, if the team produces successful products, there is a possibility of some revenue from royalties.

We seek responsible, reliable interns with the following skills, or with an interest and ability to learn the following skills:

real-time code programming for the Digistar Full Dome System, which includes knowledge of coordinate show code to a show time clock so that events happen according to animatics; using technical software packages, such as Flash, 3d studio max, Maya, Lightwave, Softimage and Cinema 4D; script writing for science, math, biology and other subjects to be presented to the general public; drawing in 2D to create sketches, artwork or illustrations; knowledge of the internet and the ability to work with file transfer protocol (FTP) to gain and provide assets and images for production; designing models, backgrounds, sets, characters, objects and the animation environment; developing the timing and pace of the movements of a character or object during the sequence of images (called the animatic) and ensuring they follow the soundtrack and audio requirements; building up accurate, detailed frame-by-frame visuals; recording dialogue and working with editors to composite the various layers of animation (backgrounds, special effects, characters and graphics) in order to produce the finished piece; working to production deadlines and meeting clients' commercial requirements

To apply, email Aaron McEuen @ atmceuen@starlight-prod.com with a cover letter, resume, and contact information for three references.

Aribex Launches NOMAD Pro 2 in US

Thu, 11 Apr 2013 04:00:00 GMT

OREM, UTAH—April 11, 2013—Aribex, Inc., worldwide leader in handheld X-ray technologies and manufacturer of the NOMAD® Pro handheld X-ray system, today announced the launch of the NOMAD Pro 2 into the U.S. dental and veterinary markets. The Pro 2 will replace the Pro in the US, currently one of the most popular intra-oral X-ray devices on the market. The Pro 2 is even more durable and reliable, featuring superior battery performance.

“The NOMAD Pro 2 is exactly what our customers want,” said Ken Kaufman, general manager of Aribex. “We asked our customers how we could improve our marquee product. We carefully listened, designed prototypes, asked for feedback, and incorporated their requests. The end result of all of that hard work is the NOMAD Pro 2. It is simply the world’s best handheld X-ray system yet.”

read full press release

$10,000 Available for Women-Led Businesses

Tue, 09 Apr 2013 04:00:00 GMT

Our friends at Grow America™ are hosting “She Can Pitch” -- an exciting competition for women-led businesses.

They’re giving away $10,000 in cash awards, plus a few lucky winners will get to pitch their plans to investors.

This is an excellent opportunity to give your business the boost it needs to really take off. It will also give you the chance to compete with other ambitious women across the country who are building their own businesses.

The competition opened for registration 4/9/2013. All women-led businesses are eligible and encouraged to enter.

Enter the Competition Now!

Good luck,
Women Tech Council

Rapidly Growing Molecular Diagnostics Company Finds Warm, Supportive Atmosphere in Utah

Fri, 05 Apr 2013 04:00:00 GMT

Kirk Ririe, CEO of BioFire Diagnostics, Inc., a Utah-based molecular diagnostics and biosurveillance company, lost an uncle to a blood infection after a routine operation in an eastern Idaho hospital. His uncle succumbed before anyone could figure out what was causing the infection.

Ririe, who spoke to EDCUtah's investors during the organization's Quarterly Investor Update event on March 28, notes that blood infections rank among the biggest killers in hospitals. Now, a new device in development by BioFire could be a game changer for hospital labs, allowing them to identify the various causes of blood infections in as little as an hour.

"That is the sort of thing we are aimed at. We want to be able to provide physicians with the information to appropriately treat their patients, by telling them within an hour, any time day or night, what is causing the infection," he explains. "An hour is, if anything, too slow, but an hour is a lot better than days or weeks. Otherwise, physicians are just guessing. They are going in with antibiotics, trying to hit the right antibiotic for the bug, but they are blind as to the actual cause."

The BioFire device, called a "sepsis panel," is one of four products the company is developing. The other products include a diarrhea panel, a meningitis panel and a pneumonia panel. A fifth product, called a respiratory panel, is already on the market where it is highly regarded by hospital labs. Focused on respiratory infections, it tests patient samples for the various bacteria or viruses that cause respiratory infections and delivers those results within an hour, as well.

Really Big Hit
Regarding the sepsis panel, Ririe says the company expects it to be a "really big hit," adding that it shortens a long, complicated set of procedures to a one-hour test that examines a patient sample for a large list of bacteria and, crucially, four antibiotic resistant genes. The resulting data will direct physicians to the right antibiotic for the illness.

The diarrhea panel replaces what Ririe describes as a bewildering set of procedures. "In the hospital lab they call this the stool bench. Everybody wants to get rid of the stool bench. So our test will look for bacteria and parasites," he explains. "Identifying which of all these different bugs you've got is crucial to giving the appropriate treatment. And again, the results for the current system and status quo are terrible. Currently, it takes days to figure this out."

Speed and ease of use are big factors for BioFire. "Our systems are fast, easy to use and will identify all the bacteria and/or viruses at once," he continues. "For example, with a diarrhea test, you take a little scoop, it goes into a little buffer that goes in our machine and one hour later it tells you what's been making the patient sick. That is a substantial revolution from the past diagnostic paradigm, where you take your kid to the hospital because he is really sick, a sample leaves on an airplane for a reference lab, and days later the lab mails back the results. And if the doctor only ordered an E. Coli test and it comes back negative, the process has to start all over again. The doctor takes another sample and the lab sends it off. This cycle of testing can go on until someone is either dead or better."

In another example of the speed and effectiveness of BioFire's products, Ririe says during the recent whooping cough outbreak that occurred in Seattle, parents came running to their doctors wanting antibiotics for their children. The labs using BioFire's respiratory panel system found that only three percent of the kids admitted actually had whooping cough. Everyone else had viral infections.

Substantial Improvement
"The doctors were able to say, 'You don't need drugs. Your child is not going to die. Go home and call us if things get worse.' That is a substantial improvement for the way a hospital can operate. Instead of going through a long testing process, they put the sample in the machine and an hour later they have the results and can treat the patient appropriately," he says.

Originally named Idaho Technology, Inc., BioFire began in 1990 in the corner of an Idaho potato equipment facility. The company changed its name in 2012 after moving to Salt Lake City. Co-founded by Ririe and Carl Wittwer, a pathologist in the University of Utah Medical Center, the company first focused on DNA analysis and amplification that was "10 or 20 times faster than anything else on the market in the early days of the DNA revolution," says Ririe.

While Wittwer worked on the science end of the business from Utah, Ririe worked on engineering resources in Idaho. One of their first products was a system called the "LightCycler," which was the fastest way devised to analyze DNA. "In 15 minutes we could tell you if you had a single bacterium, such as anthrax, or a host of infections," Ririe explains.

But being located in Idaho Falls wasn't conducive to recruiting the PhDs the company required to grow. "It's basically impossible to hire a PhD in Idaho Falls -- except for nuclear engineers working at the Idaho National Laboratory," he continues. Hence, the company licensed the LightCycler to Roche, the biggest diagnostics company in the world, and worked with Roche for several years to make the LightCycler a global success.

Bio-threat Testing
While Ririe's company found further success working with the military to develop a new generation of diagnostic equipment for bio-threat testing (for such killers as anthrax and the plague -- pathogens that no one gets, but that have killed huge fractions of the human population), company leaders realized Idaho wasn't the best place to grow.

"We were looking at our future and thinking where are we going to go? We really had two options: Either we could come to Utah to be close to our co-founder in the Department of Pathology at the U., or we could go to one of the bigger biotech markets. We carefully looked at northern and southern California, and at Boston. Ultimately, we decided to take a risk and we came to the University of Utah," says Ririe.

The company ultimately leased a "tiny bit" of a building in Research Park and gambled its future on Utah.

"It turned out to be the most spectacularly wonderful decision we ever made, to move from Idaho into Research Park, because we plopped down with the University of Utah on one side, with its chemistry and math and engineering departments, and ARUP, a dominant local diagnostics company, on the other side. And right up the hill was Myriad Genetics. We were nestled there in an incubator of diagnostics technology and we benefited massively from that proximity. It was a spectacular success," he says.

No Regrets Moving
"Despite the fact that I love Idaho -- I like farming and I grew up on a farm -- I don't regret having moved to Utah at all," he explains.

When BioFire moved to Salt Lake City from Idaho in 1999, the company had 11 employees. Today there are about 450 employees. The company doubled its employment a little over a year ago and expects to double its employment again within the next year or 18 months.

"We are just barely getting started, but we are making headway. We are getting a lot of our machines placed in hospitals. We are up to about 400 now and many of the hospitals are reporting reduced hospital stays because of they are treating more appropriately, quicker. But the real story here is that testing for respiratory infections is just the start for us," says Ririe.

While it takes an enormous amount of work and expense to develop its products and get FDA clearances, the company is moving forward with its five main products aimed at a vast marketplace.

Multibillion-Dollar Business
"There are 6,000 hospital labs in the U.S. We think they are all candidates for our systems. We think that when our first five panels are on the market, BioFire will be a multibillion-dollar business. Of course, we are not alone in going after that kind of market. There are several companies coming out with large panels that test for a bunch of different organisms, but we think we have a winning strategy. Our set of features, such as ease of use, speed, and the fact that we can test for these complete panels of organisms in a single test, is a winner and so far our customers are voting with their dollars," he continues.

Some of BioFire's competitors are California companies. "We would love to beat these guys, and we would love to do it from Utah," Ririe quips. "We are in a little bit of space of our own and we've got some runway."

A year ago, the company faced significant growing pains. Its two buildings in Research Park were too small. "We were wondering how in the world we were going to do business -- even this year -- much less into the future," he explains. The company began looking again at other states when help came pouring in from Utah. A building was made available. BioFire bought another building in Research Park. Further, the University of Utah unilaterally extended all of BioFire's land leases out to 40 years so the company could borrow more effectively. That led to an infusion of $45 million.

"We've been able to land some tax credits from the State of Utah and overall have just felt the warm supportive atmosphere of Research Park," says Ririe. "We feel a warm, supportive atmosphere in Utah. We had been looking elsewhere a little bit. We are now focused on staying and executing in Utah, growing the business right here, and really saving some lives by launching these panels right here in Utah."

Cool Thing
The "cool" thing, he notes, is that when BioFire has launched all five of its testing panels, the company will have FDA-cleared tests for approximately 125 different organisms that kill people. "Right now, the diagnostic company with THE most tests through the FDA has something like for 30 organisms. The sepsis panel we submitted to the FDA on April 1 has 28 additional organisms. We expect to have FDA clearance for it this summer. When that happens, we will be THE company with the most cleared assays in the U.S., when you look at it organism by organism."

While BioFire will not be able to manufacture its products forever within Research Park, Ririe says he looks forward to expanding elsewhere in Utah. Clearly, the spark that became BioFire has become an inferno and it is further heating up Utah's growing biomedical industry.

Original source edcUtah Economic Review Newsletter - April 4, 2013

The FY 2013 Round 3 TCIP Grant Solicitation Is Now Open!

Thu, 04 Apr 2013 04:00:00 GMT

We are pleased to announce the opening of the FY 2013 Round 3 Technology Commercialization and Innovation Program grant solicitation. Here is a link to information and instructions http://business.utah.gov/programs/coe/Centers-of-excellence-forms-guidelines/ . The application submission deadline is 12:00 Noon, Monday May 13, 2013.

The TCIP is a State funded grant program that was created for the purpose of helping to accelerate the process of taking cutting-edge technologies developed at Utah’s colleges and universities, to market. There are two types of eligible applicants: i) a faculty-led team at a Utah college or university; or ii) a company (existing or startup) that has licensed or is in the process of licensing a technology from a Utah college or university.

Please spread the word about this opportunity to your colleagues and business associates who may be eligible to apply.

Draper software company earns 5-star rating

Thu, 04 Apr 2013 04:00:00 GMT

April 4, 2013 – StorageCraft Technology Corporation has received a 5-star rating from Channel Reseller News (CRN). This is the first time the Draper-based software company has received the honor. StorageCraft provides best-in-class backup and disaster recovery software and cloud services.

Placement on the CRN 5-Star Partner Program list is considered to be a prestigious honor for companies in the IT and computer vendor communities. According to CRN, “The 5-Star Partner Program rating recognizes the elite subset of Partner Program Guide vendors that give solution providers the best partnering elements in their channel programs.” Fewer than 200 companies in the world were chosen for this year’s list.

The ratings are determined by data collected in the categories of vendor investments in program offerings, partner profitability, partner training, education and support, marketing programs and resources, sales support and communication.

“It is a great honor for StorageCraft to be recognized by CRN with its five-star rating. We strive to make working with StorageCraft as business-friendly and profitable as possible for our partners through excellent products and support,” said Curt James, vice president of Marketing and Business Development for StorageCraft Technology Corporation.

StorageCraft, based in Draper and founded in 2003, is a premier software company focused on helping businesses recover when they have lost access to systems and data. StorageCraft’s solutions keep businesses running smoothly while recovering data access during any disaster. In addition to operations throughout the United States, StorageCraft has offices in Europe, Japan and Australia.

--30--

Notes:
Information about StorageCraft and its products is located at www.storagecraft.com

StorageCraft’s listing in the CRN Program Guide is located at http://www.crn.com/partner-program-guide/ppg2013-details.htm?c=160

About StorageCraft Technology Corporation
StorageCraft Technology Corporation provides best-in-class backup, disaster recovery, system migration, data protection, and cloud services solutions for servers, desktops and laptops. StorageCraft delivers software and services solutions that enable users to maintain business continuity during times of disaster, computer outages, or other unforeseen events by reducing downtime, improving security and stability for systems and data. For more information, visit www.storagecraft.com.

StorageCraft and ShadowProtect are trademarks of StorageCraft Technology Corporation. Other company and product names may be trademarks or registered trademarks of their respective owners.

Contact Information:
Brad Thomas
StorageCraft Technology Corporation
801-871-2913
brad.thomas@storagecraft.com

SignatureLink Announces Rebranding of Company to SecureBuy

Wed, 03 Apr 2013 04:00:00 GMT

RIDGELAND, Miss., April 3, 2013 /PRNewswire via COMTEX/ -- SignatureLink has rebranded the company and changed its name to SecureBuy to more accurately reflect its revolutionary eFraud prevention technology. The company originally created and patented the first online biometric hand-written signature capture pad back in 2002. SecureBuy's product line has evolved into a full array of industry-leading fraud prevention / identity authentication applications for secure online and mobile commerce.

SecureBuy's proactive eFraud solution is seamless to consumers and creates a fast lane for normal and low-risk transactions and a risk-based authentication lane for transactions with elevated risk levels. The end result is the most efficient, automated solution in the industry that improves customer confidence, increases conversion rates and eliminates 93% of chargebacks.

read more...

Announcing $2m MokiMobility Seed Funding Round

Wed, 03 Apr 2013 04:00:00 GMT

Today we are very pleased to announce that we have closed a $2 million Seed Funding round. We cannot wait to put that money into action to continue to grow our team and expand the only platform for securing, monitoring and managing purposed mobile devices.

We have grown from 4 employees to almost 30 in the last year, all in the pursuit of enabling businesses to leverage mobile devices in entirely new ways. In the past twelve months we have released MokiTouch the first iPad and Android kiosk app with remote management, support for Apple Configurator and iOS 6, Remote App Settings Management and App Monitoring, Fleet Deployment features, and the Purposed Mobile Solutions Center.

read more...

The Utah FIRST Regional Robotics Competition Results

Wed, 03 Apr 2013 04:00:00 GMT

The Utah FIRST Regional Robotics Competition was held recently at the Maverick Center.

Here are some results from the Utah Competition:

NUAMES (Northern Utah Academy of Math, Engineering, and Science) team in Layton is going on to the national competition in St. Louis as part of the winning alliance, and the Hillcrest HS team from Midvale is also advancing to the nationals as "Rookie All Star" winner. NUAMES is in need of funding to help send their team of 20 to nationals - great opportunity for company exposure. If you can help, please contact Alan Stokes, Director, astokes@dsdmail.net, or call (801) 430-3349.

Other teams receiving awards included:

Industrial Safety Award: NUAMES "Birds of Prey" from Layton
Highest Rookie Seed Award: Innovations HS "The Hackers" from SLC
Rookie Inspiration Award: Alta HS "Alta" from Sandy

Teams attending a second regional are:

Academy for Math Engineering and Science (AMES) "Amperes" Team 3243 (at Cottonwood HS) from SLC, attending Spokane Regional
Waterford HS "Ravens" Team 3245 from Sandy, attending Las Vegas Regional

FIRST Robotics Impact on STEM Careers (PDF)

YipTel Announces CLEC approval – New Hosted PBX Services coming

Tue, 02 Apr 2013 04:00:00 GMT

YipTel will now be delivering Carrier Voice and Data services to the Utah Market on a new state of the art Carrier Platform. With the addition of CLEC designation YipTel will now deliver cost effective Voice, Data and Internet services over Fiber, Ethernet Over Copper (EOC), and other Mediums.

This will allow YipTel to deliver end to end quality of service QOS, and Prioritization for voice calls allowing crystal clear Voice calls on their new Carrier grade Cloud PBX platform.

This will be a significant advantage over other VoIP Providers that simply pass calls over the general Internet as these carriers have no ability to control the quality of the phone call.

Many companies have experienced poor VoIP quality due to passing calls over open Internet Connections. One of the many benefits of YipTel is that we deliver on protected circuits and thus can deliver pristine voice quality and local service and support.

YipTel will be delivering local dial tone, Internet, Long Distance, SIP Dial tone, MPLS, T-1, Private Cloud and Cloud PBX services.

YipTel has also deployed the very latest Cloud PBX technology that will deliver a wealth of new technologies and capability’s that YipTel customers will enjoy. Among these are a suite of Mobility features that allow users to be connected on virtually any device, anywhere.

“We are thrilled with the benefits that we will be able to deliver to our clients. We can now control the circuit and thus the quality of the call from end to end. This will allow us to provide an end to end solution that is fully managed with pristine quality and speed. We can meet the needs of a small business to those of large enterprise with multiple sites, multimedia call centers and cloud mobility for their employees. This is a game changer as Utah businesses will benefit from the lower costs and huge communications benefits that this technology will deliver, Said Robert Brown President of YipTel.”

www.yiptel.com | www.cciintellisys.com

Eight Questions to Ask After Filing an H-1B

Mon, 01 Apr 2013 04:00:00 GMT

On April 1, 2013, U.S. Citizenship and Immigration Services (USCIS) began accepting petitions for H-1B visas subject to the cap for next year's allotment of visas for foreign national professionals. Only 65,000 H-1B visas are issued for the coming year which begins on October 1, 2013, with an additional 20,000 visas available for foreign nationals who graduated from a U.S. college or university with a master's degree or higher. Employers seeking to obtain work authorization for key foreign national employees in specialty positions such as engineering, computer science, accounting, medicine, teaching and other high tech or professional fields need to file their petitions on or shortly after April 1 as the cap on H-1B visas is expected to be reached quickly.

8 Questions that Help Minimize H-1B Liabilities

If you filed an H-1B petition, here are eight questions you need to ask to reduce your potential liability:

Are you properly maintaining a Public Disclosure File?
When filing an H-1B petition, the sponsoring employer must attest that it will comply with the terms and conditions of the labor condition application (LCA). Employers must keep a public disclosure file related to each H-1B worker to demonstrate compliance with the LCA terms. The public disclosure file should be kept for at least one year beyond the LCA expiration date and must include:

A copy of the LCA with employer's signature
Documentation of the wage to be paid to the H-1B employee
Explanation of wage system
Prevailing wage source
10 business day posting
Summary of benefits offered to the H-1B employee
Evidence of recruitment and additional non-displacement attestations (for employers who are deemed willful violators)

Durham Jones & Pinegar Expands to Utah County

Mon, 01 Apr 2013 04:00:00 GMT

Salt Lake City – The law firm Durham Jones & Pinegar (D|J|P) announced that it has expanded business into Utah County and that five former directors of the law firm Hill Johnson & Schmutz have joined D|J|P as shareholders. In addition to the new shareholders, six associate attorneys formerly with Hill Johnson & Schmutz have joined D|J|P.

Joining the firm as shareholders are Richard L. Hill, F. McKay Johnson, Stephen Quesenberry, Wm. Kelly Nash, and Douglas B. Thayer. New associates are Andy V. Wright, Jessica Griffin Anderson, Aaron Robert-John Harris, Jordan K. Cameron, Mark R. Nelson and K. Ray Johnson.

“We are pleased to welcome these great lawyers as members of our firm,” said Kevin Pinegar, president of Durham Jones & Pinegar. “Rich Hill has been a leading legal presence in the business and intellectual property circles in Utah County for many years. Rich, McKay, Steve, Kelly and Doug have built one of the top firms in Provo, and we look forward to adding their talents.”

This office will be D|J|P’s fourth in Utah, with a fifth office located in Las Vegas. The office is located at 4844 North 300 West, Suite 300, in Provo.

Durham Jones & Pinegar is one of the five largest law firms in the state of Utah. The firm was named No. 1 in Utah for its business and transactions law practice by Super Lawyers. It has also been named a Tier 1 Law Firm by U.S. News & World Report’s Best Law Firms in the areas of Banking & Finance Law Bankruptcy & Creditor Debtor Rights/Insolvency and Reorganization Law, Corporate Compliance Law, Corporate Law, Family Law, Litigation – Bankruptcy, and Mergers & Acquisitions Law.

About Durham Jones & Pinegar: Durham Jones & Pinegar is a leading law firm with offices in Utah and Nevada, offering a full spectrum of services in more than 20 specialized fields. These include Business & Finance, Intellectual Property, Commercial Litigation, Bankruptcy, Healthcare & Insurance Law, ERISA, Employment, Tax Law, Government Relations, Estate Planning, Real Estate, Family Law and more. For information, visit www.djplaw.com.

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The Sustained Growth of the Utah IT Industry

Fri, 29 Mar 2013 04:00:00 GMT

Utah's (somewhat) quiet continued growth into a national hub for IT/software and digital media companies.

http://issuu.com/adnews_magazine/docs/1q2013/31

GOED Announced New Managing Director, Vince Mikolay

Wed, 27 Mar 2013 04:00:00 GMT

GOED has hired a new managing director of Business Outreach and International Trade. Vincent Mikolay, a long time strategy and business development specialist, has accepted the position earlier this month. Mikolay’s responsibilities include the continuing development of Utah’s six strategic industrial clusters, the International Trade and Diplomacy Office (ITDO), and a number of other related programs within GOED.

Mikolay has worked with several early-stage startups including OneSchool, Inc. and Pannl, Inc. He has also previously worked for Nike Inc., The Walt Disney Company, Advent Entertainment and Ridemakerz, among others. Mikolay holds a BA in Business from Bethany College, an M.Ed. in Leadership and Organizational Development from Xavier University and an MBA in Strategy and Entrepreneurial Studies from the University of Southern California.

DuPont Pioneer Announces Roll-Out of Global Genotypic Data Management System

Wed, 27 Mar 2013 04:00:00 GMT

Utilizing UNIConnect Technology, DuPont Pioneer Laboratory Information Management System is
Already Processing Millions of Data Points per Day

DES MOINES, Iowa, and SALT LAKE CITY, Utah, March 27, 2013 — DuPont Pioneer and UNIConnect today announced the global roll-out of a lab information management system to help Pioneer accelerate the development of new plant products with higher yields and stronger resistance to pests and diseases.

“Incorporating technology provided by UNIConnect offers flexibility and reliability in our lab information management system, while also supporting our critical global information
management implementation,” said John Arbuckle, DuPont Pioneer senior director, Global Marker and Research Information Technologies. “This is helping to sustain our leading position in
generating and applying genetic information for plant development scientists who are improving key crops around the world. Integrating this information technology platform into our existing
proprietary solutions and processes expands our global production genotyping system capability.”

Now live in eight locations located across four continents, individual global marker technology sites have autonomously-functioning Laboratory Information Management System (LIMS) operations. Arbuckle noted that the project is capturing millions of data points each day and already delivering enhanced performance reliability, traceability and reliability of results. Running in parallel, the new system operates as a federated network – meaning sites can operate independently or as a global network.

“We are proud to provide information technology to a world leader in plant genomics and crop science,” noted William S. Harten, UNIConnect founder and chief executive officer. “Our
technology began in the realm of plant genomics R&D, and we are gratified to witness the increasing adoption of UNIFlow by great agricultural businesses like DuPont Pioneer.”

UNIConnect is a laboratory information management system software company based in Salt Lake City, Utah. With a corporate ideal of “rigorous simplicity,” UNIConnect has married
breakthrough software technology with unparalleled customization and configuration control. The result is UNIFlow, a software solution that helps eliminate the process tracking barriers that slow down progress for many life science industries and interests. UNIConnect’s mission is to provide laboratories with a better option for their LIMS requirements – and one that can be adapted to the changing needs of complex lab processes. For the precise tracking and process detail required for crop science, molecular diagnostics, proteomics, clinical trials, high throughput screening and more, UNIFlow delivers solutions that enable laboratories to achieve their objectives. For more information, please visit www.uniconnect.com.

DuPont Pioneer is the world’s leading developer and supplier of advanced plant genetics, providing high-quality seeds to farmers in more than 90 countries. Pioneer provides agronomic support
and services to help increase farmer productivity and profitability and strives to develop sustainable
agricultural systems for people everywhere. Science with Service Delivering Success™.

DuPont (NYSE: DD) has been bringing world-class science and engineering to the global
marketplace in the form of innovative products, materials, and services since 1802. The company
believes that by collaborating with customers, governments, NGOs, and thought leaders, we can help find
solutions to such global challenges as bringing enough healthy food for people everywhere, decreasing
dependence on fossil fuels, and protecting life and the environment. For additional information about
DuPont and its commitment to inclusive innovation, please visit www.dupont.com.

# # #
3/27/13
The DuPont Oval Logo, DuPont™ and Science with Service Delivering Success™ are trademarks or registered trademarks of DuPont or its
affiliates.

Utah’s Internet Employment Privacy Act

Tue, 26 Mar 2013 04:00:00 GMT

The Utah legislature recently passed the Internet Employment Privacy Act (“IEPA”) that prohibits employers from asking employees or applicants for employment to turn over their passwords or usernames for their personal social-media accounts. It is expected to become law in the coming days. Utah will join at least six other states (including California, Delaware, Illinois, Maryland, Michigan, and New Jersey) that enacted similar legislation in 2012. It is expected that other states will also enact such legislation before the year is over. Employers with operations in Utah need to analyze current policies, practices and procedures to comply with the new legislation.

Read the full article here.

Developing Corporate Strategy in Today's Economic Environment

Tue, 26 Mar 2013 04:00:00 GMT

Steve Chesnut, Former Senior Vice President of Finance and Risk Management of Overstock.com engaged on the intriguing topic of Developing Corporate Strategy in Today's Economic Environment.

Prior to Overstock.com, Mr. Chesnut served as Vice President, Strategy/Market Development/Sales for HD Supply, Inc., a privately-held wholesale distribution company based in Atlanta, Georgia. From December 1998 to August 2007, Mr. Chesnut served in a variety of capacities for The Home Depot or its subsidiaries, including Director, Business Development for HD Supply (prior to its sale by Home Depot); Director, Finance and Chief Financial Officer for Home Depot Supply; Director, New Concept Development; and Director, Strategic Planning.

Prior to joining The Home Depot from 1986 to 1998, Mr. Chesnut served in a variety of operational, planning and financial positions for Target Stores, Inc. Mr. Chesnut holds a Bachelor's of Science Degree in Accounting and Business Management from Southern Utah University and a Master of Business Administration Degree, Finance and Strategic Planning, from Brigham Young University.

Event Items:

Video | PowerPoint | Photo Gallery available to members only

11 Jones Waldo Attorneys Listed in Guide of Nation's Leading Lawyers

Tue, 26 Mar 2013 04:00:00 GMT

SALT LAKE CITY – March 26, 2013 – Jones Waldo, one of Utah’s most enduring and prestigious law firms, today announced 11 of its attorneys in five practice areas have been listed in the Chambers USA 2013 guide to the nation’s leading lawyers.

The 11 Jones Waldo attorneys and their areas of specialty are:
• Robinson (Rob) M. Alston – Corporate/M&A
• Bruce E. Babcock – Labor & Employment: ERISA
• Tom Berggren – Real Estate
• Paul M. Harman – Real Estate
• Timothy C. Houpt – Litigation: General Commercial
• Lucy B. Jenkins – Energy & Natural Resources
• Michael Patrick O’Brien – Labor & Employment
• Ronald S. Poelman – Corporate/M&A
• Keven M. Rowe – Real Estate
• Glen D. Watkins – Real Estate
• Randon W. Wilson – Corporate/M&A

“Year after year, our attorneys are recognized for their excellence,” said firm president, Keven M. Rowe. “We are pleased their remarkable work has distinguished them and our firm among the best.”

Chambers & Partners publish leading guides to the legal profession, identifying and ranking the world’s best lawyers and law firms. Since 1999, Chambers USA has been researching the U.S. legal profession independently and objectively, identifying the leading lawyers and law firms in an extensive range of practice areas through interviews with thousands of lawyers and their clients.

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About Jones Waldo
Since 1875, Jones Waldo has provided legal services to the businesses and community organizations that support and grow the state’s economy. Built on a strong foundation of service and knowledge of Utah’s core industries, the firm continues to evolve through meeting new challenges, finding innovative solutions and advancing legal trends in the state. With departments in business, real estate and litigation, attorneys at Jones Waldo have expertise to solve complex client needs in nearly every area of business. Jones Waldo has offices in Salt Lake City, Park City, St. George, Provo and the Chicago metro area. Information can be found at www.joneswaldo.com.

RE: Repeal of Medical Device Tax

Fri, 22 Mar 2013 04:00:00 GMT

A quick note to inform you of our success last night in getting 79 members of the U.S. Senate to support full repeal of the medical device tax. This Saturday is the 3rd Anniversary of the passage of the President’s $2.6 trillion health care law, which included the devastating tax on medical device manufacturers, and we marked this Anniversary with a clear message from Congress that the device tax was an ill-conceived provision that should be completely repealed.

With your help over the last few years we have made this a bipartisan issue in both Chambers and last night marks a significant milestone on our path to repeal. I encourage everyone to contact the members who were not supportive and keep up the efforts to make repeal a reality. Below you will find the details of the vote.

Senator Hatch will continue to work with the members here in the Senate and wanted to be sure to thank you for all of your hard work in the states.

Hayden Rhudy
Senior Health Policy Advisor
Senator Orrin G. Hatch
Hart 104
Washington, D.C. 20510
202-224-5251

YEAs ---79
Alexander (R-TN)
Ayotte (R-NH)
Baldwin (D-WI)
Barrasso (R-WY)
Begich (D-AK)
Bennet (D-CO)
Blumenthal (D-CT)
Blunt (R-MO)
Boozman (R-AR)
Burr (R-NC)
Cantwell (D-WA)
Cardin (D-MD)
Casey (D-PA)
Chambliss (R-GA)
Coats (R-IN)
Coburn (R-OK)
Cochran (R-MS)
Collins (R-ME)
Corker (R-TN)
Cornyn (R-TX)
Cowan (D-MA)
Crapo (R-ID)
Cruz (R-TX)
Donnelly (D-IN)
Durbin (D-IL)
Enzi (R-WY)
Fischer (R-NE) Flake (R-AZ)
Franken (D-MN)
Gillibrand (D-NY)
Graham (R-SC)
Grassley (R-IA)
Hagan (D-NC)
Hatch (R-UT)
Heitkamp (D-ND)
Heller (R-NV)
Hoeven (R-ND)
Inhofe (R-OK)
Isakson (R-GA)
Johanns (R-NE)
Johnson (R-WI)
Kaine (D-VA)
King (I-ME)
Kirk (R-IL)
Klobuchar (D-MN)
Lee (R-UT)
Manchin (D-WV)
McCain (R-AZ)
McConnell (R-KY)
Menendez (D-NJ)
Merkley (D-OR)
Mikulski (D-MD)
Moran (R-KS)
Murkowski (R-AK) Murphy (D-CT)
Murray (D-WA)
Nelson (D-FL)
Paul (R-KY)
Portman (R-OH)
Pryor (D-AR)
Reed (D-RI)
Risch (R-ID)
Roberts (R-KS)
Rubio (R-FL)
Schumer (D-NY)
Scott (R-SC)
Sessions (R-AL)
Shaheen (D-NH)
Shelby (R-AL)
Stabenow (D-MI)
Thune (R-SD)
Toomey (R-PA)
Udall (D-CO)
Vitter (R-LA)
Warner (D-VA)
Warren (D-MA)
Whitehouse (D-RI)
Wicker (R-MS)
Wyden (D-OR)

NAYs ---20
Baucus (D-MT)
Boxer (D-CA)
Brown (D-OH)
Carper (D-DE)
Coons (D-DE)
Feinstein (D-CA)
Harkin (D-IA) Heinrich (D-NM)
Hirono (D-HI)
Johnson (D-SD)
Landrieu (D-LA)
Leahy (D-VT)
Levin (D-MI)
McCaskill (D-MO) Reid (D-NV)
Rockefeller (D-WV)
Sanders (I-VT)
Schatz (D-HI)
Tester (D-MT)
Udall (D-NM)

Not Voting - 1
Lautenberg (D-NJ)

Utah Innovation Awards 2013 - Finalists Announced

Fri, 22 Mar 2013 04:00:00 GMT

Finalists Announced in the 2013 Utah Innovation Awards

As distinguished members of Utah’s technology and business communities, thank you for submitting a nomination to the eleventh annual Utah Innovation Awards program, presented by Stoel Rives LLP and the Utah Technology Council. The variety of technology and level of creativity represented by the nominations received this year demonstrates the high level of innovation occurring throughout the state.

Winners will be announced at the Utah Innovation Awards Luncheon on Wednesday April 17, 2013 at the Salt Lake City Marriott City Center on 200 South State Street in downtown Salt Lake City. To register to attend and for more information, please visit www.stoel.com/utahinnovation.

A Selection Committee comprised of approximately 70 professionals from Utah’s business, technology and academic communities, all with technical or business experience pertaining to one of the program’s categories, carefully reviewed the nominations during a month-long evaluation process. Following the evaluation process, each Selection Committee member voted on all nominations, and those receiving a majority of the votes were named finalists in each category.

The evaluation process proved to be very challenging because of the high quality of each nomination. We, and the Selection Committee, congratulate you on your accomplishment and success.

We are proud to announce the 2013 Utah Innovation Awards finalists (finalists appear in alphabetical order by the Innovation name) and innovations awarded an honorable mention (Note: more than one honorable mention recipient may be recognized in any category):

Clean Technology and Energy

The Aggie Bus by Utah State University Commercial Enterprises and WAVE
PK Clean by PK Clean

Computer Hardware / Electrical Devices

Beamforming Microphone Array by ClearOne
Compact Surveillance Radar by SpotterRF
Desktop Cloud Computing Appliance by V3 Systems

Honorable Mention

Xi3 microSERV3R (Model X7A) by Xi3 Corporation

Consumer Software and Web Services

AncestryDNA by Ancestry.com
LumiBook by School Improvement Network
MyCurrent by Overstock - Olabs

Honorable Mention

Utah.Gov Master Index by the State of Utah

Enterprise Software and Web-Enabled B2B Solutions

Allegiance Spotlight by Allegiance, Inc.
Canvas by Instructure
LogMyCalls, a service of ContactPoint

Honorable Mentions

MasteryConnect by MasteryConnect
Moab Cloud Suite by Adaptive Computing

Life Science - BioTech

ATX-Red by Echelon Biosciences, Inc.
GenGlide™ Nanoinjection System by NanoInjection Technologies LLC

Honorable Mention

Teduglutide (Gattex®) by NPS Pharmaceuticals

Life Science – Medical Device

E-Fix & E-Thotic by Fixes 4 Kids, Inc.
Neural Interface System by Blackrock Microsystems
Slyder by Liyen, Inc.

Mechanical Systems / Chemical / Manufacturing

Ceramic Joining Technologies by Ceramatec, Inc.
Technology for Stiffening Composite Airplane Parts by ATK Aerospace Group

Honorable Mention

3form C3 Color Technology by 3form, Inc.

Outdoor and Consumer Products

Bicycle Chainrings by WickWërks, LLC
Cuben Si2 Tent by Easton Technical Products
The Sleek 4G by Wilson Electronics, Inc.

Congratulations to all of this year’s finalists and honorable mention recipients! You will receive another email providing further instructions within the next few days, including a request for more information, instructions on attending the luncheon and other details regarding next steps.

You may register for the Awards Luncheon online at www.stoel.com/utahinnovation by Wednesday, April 10, 2013. Individual seats for UTC members are $65.00, individual seats for non-UTC members are $80.00, and a table of 10 is $550.

While not every innovation can be recognized in a given year, all nominations (except those named as winners) are eligible to participate in the program next year. Because your innovation represents the best of Utah technology and innovation, we encourage you to submit your nomination again next year if you are not named a winner on April 17.

Please contact Melanie Williamson at (801) 715-6662 or at mwwilliamson@stoel.com if you have any questions about the Utah Innovation Awards program or the Awards Luncheon on April 17. We look forward to seeing you at the Awards Luncheon.

Thank you,


Robbie G. Yates Stoel Rives LLP	Richard R. Nelson Utah Technology Council

Published by Stoel Rives LLP. Stoel Rives is located at 201 S. Main Street, Suite 1100, Salt Lake City, UT 84111.

ATTORNEY ADVERTISEMENT — The purpose of this advisory is for general informational purposes only and it should not be treated as legal advice. No attorney-client relationship attaches as a result of any exchange of information, including this communication. Please do not send us confidential information or sensitive materials. Unsolicited information sent to Stoel Rives by persons who are not clients of the firm is not subject to any duty of confidentiality by the firm. Prior results do not guarantee a similar outcome.

Forbes’ Tom Post to Address Journalism’s Seismic Shift: What it Means for Business at UTC Annual Members’ Meeting, April 12

Wed, 20 Mar 2013 04:00:00 GMT

-Mr. Post will also give his observations on why Utah has been Best State for Business for three years-

SALT LAKE CITY, March 20, 2013 – Technology is—and always has been—the agent of disruption. Are tech companies themselves now vulnerable to tumultuous change? Take a page from the media business: not long ago a staid, popular and profitable industry. Today, it’s a shambles, with every company scrambling to adapt to rapid transformation—or die.

Tom Post, managing editor at Forbes Magazine, will present this message to the Utah Technology Council (UTC) (http://www.utahtech.org/) at its Annual Members’ Meeting on April 12, 2013. The meeting will run from Noon to 1:30 p.m. and is being held at The Grand America Hotel located at 555 S. Main Street, Salt Lake City, Utah. To register for this event, please visit: http://bit.ly/16Fqdah.

In addition to hearing from a nationally-renowned keynote speaker, the UTC will elect board members and trustees and celebrate achievements from the last 12 months. Peer awards will be given in the following categories: CEO, CFO, CTO, Emerging Executive, HR Executive, Marketing Executive and Sales Executive. The UTC will also give Legislator of the Year awards to Utah legislators who have provided key support to Utah’s various technology sectors in the 2013 legislative session.

“Our annual Member’s Meeting provides UTC members with a tremendous opportunity,” said Richard R. Nelson, president and CEO of the UTC. “In addition to receiving top-notch business advice from Mr. Post, members have the opportunity to reflect on last year’s accomplishments and experience the value of UTC’s significant network, including meeting many of the trustees who will be hosting.”

For more information on UTC or becoming a UTC member, please contact our Member Services Director Devin Spann at dspann@utahtech.org or call 801-568-3500.

About the Utah Technology Council
Utah’s premier professional association, the Utah Technology Council, has grown 13 percent a year for the past ten years becoming the essential business resource for high tech, clean tech and life science companies seeking to achieve greater success. At its core, UTC exists to foster the GROWTH of the state’s 5,500-plus technology companies, ensure Utah develops the highest QUALITY WORKFORCE in the nation and attract an ever-increasing array of FUNDING. Members join UTC to share insights with industry peers, counsel with government and academic leaders and receive help from professional service providers and funding resources.

###

UTC PR Contact:
Judy Young, Executive Director
T) 801 568-3500
jyoung@utahtech.org

PR Agency Contact:
Cheryl Snapp Conner
Managing Partner, Snapp Conner PR
P-801 994-9625
C-801 376-2158
cheryl@snappconner.com

Allen Communication Honored with 5 Omni Awards for Innovative Corporate Training Solutions

Wed, 20 Mar 2013 04:00:00 GMT

SALT LAKE CITY (March 20, 2013) — Allen Communication, a leader in innovative corporate training, has been recognized with 5 Omni Intermedia Awards for spring 2013. Allen competed in several categories, earning awards for training consulting and training development with partners Amway, LEGO, Risk Management Association, and JetBlue University.

“We are very proud to have been recognized by the Omni Awards for such diverse projects covering multiple industries,” said Ron Zamir, CEO of Allen. We are constantly increasing our efforts in order to meet the changing needs of our clients and their learners. We are thankful to the Omni Intermedia voting committee for recognizing our efforts to impact and improve the training world.”

Allen’s work with the Risk Management Association (RMA) on their full motion graphics video for the RMA Ethics Web Based Training Course earned a Gold Omni Award. The RMA training course is focused on helping banking institutions instill high standards of business conduct that are essential to maintaining trust in their institutions.

The innovative JetBlue University Mobile Learning Solution was honored with a Gold Omni Award as well. The powerful interactive map of a JetBlue Support Center allows its employees to quickly acclimate to their facilities and get the most out of the support center amenities.

Two Silver Omni Awards were awarded to LEGO’s customer service training and retail training programs. LEGO and Allen won silver in the Communication category and the Education category.

Allen’s web based training for Amway Artistry’s brand repositioning earned them a bronze Omni Award.
The ARTISTRY brand elearning modules were developed to teach, support and increase awareness of the Amway skincare products. They also helped showcase the ARTISTRY brand as one of prestige and sustainability while engaging learners and expanding product knowledge.

See the full list of Allen Communication’s Awards.

About the Omni Intermedia Awards
The Omni Intermedia Awards are owned and operated by Media Corp Inc., which exists to recognize outstanding media productions that engage, empower and enlighten. Awards are given for exceptional work in Film, Video, TV, Internet, Interactive Media, Animation and Audio production.
- See more at: http://www.allencomm.com/2010/07/allen-communication-learning-services-wins-multiple-omni-awards/#sthash.i6eEfwc5.dpuf

About Allen Communication Learning Services
For over 30 years, Allen (www.allencomm.com) has developed award-winning corporate training solutions for the world’s best companies. Designed for real impact on learner performance through sound instructional design, Allen’s proven Assure Methodology™ optimizes program results and maximizes return on your training dollar. Leveraging cutting edge technology to provide web-based training, blended training and mobile learning, as well as advanced LMS technology, Allen helps companies engage their learners like never before. Follow Allen on Twitter @Allencomm, on LinkedIn, and on Facebook. – See more at: http://www.allencomm.com/2013/02/jetblue-university-and-allen-win-gold-omni-award-mobile-corporate-training/#sthash.G3PkWL6k.dpuf

Best Practices for Branding and Content Management

Tue, 19 Mar 2013 04:00:00 GMT

The March 19, 2013 Marketing Exec Forum discussed best practices in creating a strong content management strategy designed to exude and improve brand awareness, consumer education and brand loyalty.

Topics of the presentation included how to create and deliver content that will engage your target audience and how to use a consumer education approach in your content to build trust in your brand.

Laura Shafer, Director of Product Marketing for StorageCraft Technology Corporation (bio), lead the discussion with a best practices presentation followed by a facilitated discussion by Forum co-chairs, Marissa Nichols, Marketing Director of Allen Communication Learning Services, and Mark Fredrickson, General Manager of TechMediaNetwork.

Event Items:

Audio | PowerPoint | Photos available to members only

March 2013 President's Message

Fri, 15 Mar 2013 04:00:00 GMT

Dear members, investors and friends of UTC:

Wow! Your ”voice” matters! With your direct emails and calls to legislators, UTC had a stellar legislative session with all of your high-priority industry bills and initiatives!! This was a complex and difficult session, but today our Innovation Community is in better shape because of our collective efforts.

On UTC’s #1 initiative, HB139 STEM Center and Schools $10M, please thank Stan Lockhart, and ideal sponsors Senator Steve Urquhart and Representative Val Peterson -- for putting together a broad STEM Coalition and Strategic Plan with the Governor’s Office of Economic Development, Tami Goetz and Spencer Eccles. With the help of UTC’s superb lobbyists, Jeff and Paul Rogers, this gained the trust of our legislators – especially the senators yesterday -- who passed this huge initiative unanimously -- as one of the most important bills of the session. Many thanks to Chet Linton and Terry Bagley for taking such an active role again this year as co-chairs of our Public Policy Committee! Please thank them for their leadership. Our UTC policy support team - Judy Young and Loren Spoklie - did an excellent job with tracking and getting the Call to Actions out.

Follow up Action: Please help by reaching out to the bill sponsors and legislators you know who worked with our five high-priority initiatives, along w/ the Governor's Office, GOED and State Office of Education and let them know you're a member of UTC and give sincere thanks for their support of the industry and fine public service! We will send out a summary of all that was accomplished this session shortly.

Many thanks for your tremendous support in making Utah a much better place to grow your company!

I always welcome hearing from you.

Warm regards,

Richard R. Nelson
President & CEO

Kenneth Cannon Inducted as Fellow in American College of Bankruptcy

Fri, 15 Mar 2013 04:00:00 GMT

Kenneth L. Cannon II, a shareholder in the law firm of Durham Jones & Pinegar in Salt Lake City, was inducted as a Fellow of the American College of Bankruptcy on March 15, 2013, in Washington, D.C. The ceremony took place at the Smithsonian Donald W. Reynolds Center for American Art and Portraiture.

Cannon is one of 39 nominees nationally being honored and recognized for their professional excellence and exceptional contributions to the fields of bankruptcy and insolvency.

“Selection to the American College of Bankruptcy is perhaps the highest honor that can be conferred on a professional in bankruptcy and insolvency, limited to those who have made exceptional professional and scholarly contributions in the field,” said Kevin R. Pinegar, president of Durham Jones & Pinegar.

“Ken Cannon is an extremely worthy inductee who has spent thirty years representing parties in reorganization cases and in transactions with insolvency issues, in teaching and lecturing, and in generally contributing to the level of professional excellence in the bankruptcy field. Ken joins our colleague Steve McCardell to make Durham Jones & Pinegar the only Salt Lake City-based firm with two members of this prestigious and influential organization.”

The American College of Bankruptcy is an honorary professional and educational association of bankruptcy and insolvency professionals. The College plays an important role in sustaining professional excellence. College Fellows include commercial and consumer bankruptcy attorneys, insolvency accountants, turnaround and workout specialists, law professors, judges, government officials and others involved in the bankruptcy and insolvency community.

Nominees are extended an invitation to join based on a record of achievement reflecting the highest standards of professionalism. The College now has 821 Fellows, each selected by a Board of Regents from among recommendations of the Circuit Admissions Council in each federal judicial circuit and specially appointed Committees for Judicial and Foreign Fellows.

Criteria for selection include: the highest standard of professionalism, ethics, character, integrity, professional expertise and leadership contributing to the enhancement of bankruptcy and insolvency law and practice; sustained evidence of scholarship, teaching, lecturing or writing on bankruptcy or insolvency; and a commitment to elevate knowledge and understanding of the profession and public respect for the practice.

In addition to his active legal practice, Cannon currently serves as an adjunct professor of law at the S.J. Quinney College of Law at the University of Utah and as a member of several federal court committees. He is a regular panelist and lecturer at regional and local bar conferences and formerly was an adjunct faculty member at the J. Reuben Clark Law School at BYU. Cannon has also published widely in the areas of insolvency law, legal history, and Western American history.

About Durham Jones & Pinegar Durham Jones & Pinegar is a leading law firm with offices in Utah and Nevada, offering a spectrum of legal services in more than 20 specialized fields. These include business and finance, litigation, intellectual property, bankruptcy, real estate, estate planning, employment and family law. Durham Jones & Pinegar is one of the largest law firms in Utah and has more than 80 attorneys working from offices in Salt Lake City, St. George, Las Vegas and Ogden. For information, visit www.djplaw.com.

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Government and Industry Leaders to Meet with Profire's Senior Management to Tour Facilities and Discuss Industry Trends, Legislation

Thu, 14 Mar 2013 04:00:00 GMT

LINDON, Utah, March 14, 2013- Profire Energy, Inc. (OTCBB: PFIE), a technology company which manufactures, installs and services burner management systems and other combustion management technologies for the oil and gas industry, today announced that it will host a number of business and government leaders at its office on April 8, 2013 for a private tour of its facilities.

“We are very much looking forward to meeting with the Profire team,” said Lane Beattie, president of the Salt Lake Chamber. “As one of the fastest-growing companies in Utah, we hope to see them play an increasingly important role in the local economy and within the oil and gas industry.”

The day’s events will include a tour of Profire’s headquarters in Lindon, Utah, as well as a meeting with Profire’s executive team and senior management. Confirmed guests for the day’s events include:

·         Gary R. Herbert, Governor of Utah
·         Ron Jibson, President & Chief Executive Officer of Questar Corporation (NYSE: STR)
·         Lane Beattie, President of Salt Lake Chamber
·         Brian Lemke, Vice President of Business Development of Salt Lake Chamber

In a recent meeting with Utah lawmakers, Gov. Herbert spoke about the need for initiatives to improve air quality in the state, as well as the role that natural gas could play in those initiatives:

“All of us know air quality is an issue, and it’s been front and center this winter,” Gov. Herbert said. “We need to find ways to improve our air quality . . . it impacts our health, it impacts our economy, [and] it impacts our quality of life.”

At the same meeting, Gov. Herbert called natural gas the “fuel of the future” and emphasized to lawmakers its role in helping to reduce emissions and move toward greater energy independence and a stronger economy. Profire’s executive team cited their technology’s potential to aid in this initiative:

“Effective burner management products help make the industry safer, more efficient, and more environmentally friendly,” said Brenton Hatch, chief executive officer of Profire. “As an oilfield technology company, we applaud the thought-leadership shown by the governor on this important topic, and we look forward to collaborating on initiatives that will accomplish his objectives and set a pattern for the country.”

About Profire Energy, Inc.
Profire Energy assists energy production companies in the safe and efficient transportation, refinement and production of oil and natural gas. As energy companies seek greater safety for their employees, compliance with more stringent EPA standards and enhanced margins with their energy production processes, Profire Energy’s burner management systems are increasingly becoming part of their solution. To learn more about the company’s products and services, please visit www.profireenergy.com. Profire Energy has offices in Lindon, Utah; Houston, Texas; and Edmonton, Alberta, Canada.

Cautionary Note Regarding Forward-Looking Statements. This release contains “forward-looking” statements, including, but not limited to statements about the upcoming meeting with local government and industry leaders, and Profire Energy’s potential position and role in the local economy and its industry. All such forward-looking statements are subject to uncertainty and changes in circumstances. Forward-looking statements are not guarantees of future results or performance and involve risks, assumptions and uncertainties that could cause actual events or results to differ materially from the events or results described in, or anticipated by, the forward-looking statements. Factors that could materially affect such forward-looking statements include certain economic, business, public market and regulatory risks and factors identified in the Company’s periodic reports filed with the Securities Exchange Commission. All forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All forward-looking statements are made only as of the date of this release and the Company assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements.

Contact:
Profire Energy, Inc.
Andrew Limpert, CFO
(801) 796-5127

Profire Energy, Inc.
Nathan McBride, Investor Relations
(801) 796-5127

UTC Small Business Summit: Entrepreneurs Don’t Have to Be “Rock Stars” to Achieve Small Business Success

Tue, 12 Mar 2013 04:00:00 GMT

-New York Times small business editor and small business columnist tell entrepreneurs to keep things simple and strive for slow, consistent growth in their businesses-

SALT LAKE CITY, March 12, 2013 – Entrepreneurs need to hone their hiring skills, truly know and understand their customers, provide quality customer service and focus on steady growth in order to succeed in business.

Jay Goltz, lead columnist at The New York Times ‘You’re the Boss’ blog and Loren Feldman, small business editor for The New York Times delivered this message at the Utah Technology Council’s (UTC) (http://www.utahtech.org/) recent Small Business Summit. The event provided an open forum for attendees to interact with the columnists and to ask them business questions.

Goltz shared what he has learned from 30 years of trial-and-error entrepreneurial experience. He started a picture framing company that has grown to become the largest framing store in the United States.

“You have to truly provide quality customer service to be an entrepreneurial success,” Goltz said. “This means that you won’t make money on every sale. Sometimes you have to take a loss to provide a customer with the type of service that will keep them coming back. If you go into business with this knowledge, you’ll already be a step ahead of a large portion of entrepreneurs.”

Goltz mentioned that hiring and retaining quality employees is also a key component in providing this customer service.

“You have to hire the right people for your company,” Goltz said. “The best way to know if an individual is right for your organization is to follow up with the candidate’s references and ask them candid, relevant questions about the potential employee. Doing this up front can save you personnel headaches down the road. A new hire with a good reference obviously doesn’t guarantee they’ll work out, but, in most cases, it gives you a pretty accurate assessment of an individual.”

Goltz ended his presentation by telling attendees they need to focus on achieving slow, steady growth.

“Remember, not every entrepreneur is going to turn into a Mark Cuban,” Goltz said. “You should focus on growing your business at around 10 percent each year. If you can do this consistently over time, you will be highly successful. You don’t have to be a rock star entrepreneur to make a great living. Don’t put your business in league with the Richard Bransons and Mark Cubans of the world. These folks are the exception, not the rule. Focus on the customer and steady growth and at the end of the day you’ll be successful.”

Feldman backed up this statement by telling attendees what both he and Goltz try to do in their New York Times columns.

“We strive to provide real-world, common-sense advice to the everyday entrepreneur,” Feldman said. “Most successful entrepreneurs and businesses don’t turn out to be international super stars. Most successful entrepreneurs are hard-working people seeking practical business advice. It’s our goal as small business writers to give folks this information.”

The UTC hosted the Small Business Summit in conjunction with Grow America.

“The proven insights presented by these gentlemen are invaluable,” said Richard R. Nelson, president and CEO of the UTC. “This practical approach to entrepreneurship lets people know that to be successful you don’t have to grow at 50 to100 percent a year. Big growth is great but usually slow and steady wins the race.”

For information on how you can take advantage of the value of the UTC Network by becoming a member, please contact our Member Services Director Devin Spann at dspann@utahtech.org or call 801-568-3500.

About the Utah Technology Council
Utah’s premier professional association, the Utah Technology Council, has grown 13 percent a year for the past ten years becoming the essential business resource for high tech and clean tech companies seeking to achieve greater success. At its core, UTC exists to foster the GROWTH of the state’s 5,500-plus technology companies, ensure Utah develops the highest QUALITY WORKFORCE in the nation and attract an ever-increasing array of FUNDING. Members join UTC to share insights with industry peers, counsel with government and academic leaders and receive help from professional service providers and funding resources.

About Grow America
Grow America is a national and international company with a mission to create jobs and lift local economies. Founded by UTC Chairman Alan E. Hall, Grow America aligns the partners, mentors and capital that entrepreneurs need to create and grow tomorrow’s successful companies.
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UTC PR Contact:
Judy Young, Executive Director
T) 801 568-3500
jyoung@utahtechcouncil.org

PR Agency Contact:
Cheryl Snapp Conner
Managing Partner, Snapp Conner PR
P-801 994-9625
C-801 376-2158
cheryl@snappconner.com

World Renowned Lean Startup Expert, Steve Blank, Provides Free Course Online to Entrepreneurs via Udacity

Mon, 11 Mar 2013 04:00:00 GMT

World renowned Lean Startup expert, Steve Blank, provides free course online to entrepreneurs via Udacity http://ow.ly/iLVUh

Utah Lawmakers Weigh STEM

Mon, 11 Mar 2013 04:00:00 GMT

http://www.sltrib.com/sltrib/news/55975473-78/stem-bills-utah-education.html.csp

Domo Closes $60 Million Series B Financing, Bringing Total Funding to More Than $125 Million

Mon, 11 Mar 2013 04:00:00 GMT

SILICON SLOPES, Utah – March 11, 2013 – Domo, a new software-as-a-service (SaaS) venture launched by Omniture co-founder Josh James to redefine the business intelligence market, today announced it has raised $60 million in Series B financing. This announcement follows last week’s news that Domo has 100 paying enterprise customers after selling for only six months. These funds bring total investment in Domo to more than $125 million...read full press release.

Key Points to Know About Upcoming Changes to U.S. Patent Law

Fri, 08 Mar 2013 05:00:00 GMT

March 16, 2013 is rapidly approaching, bringing the implementation of perhaps the most transformative changes to American patent law in over 50 years. The following presents a few of the reasons why you should consider filing before March 16, 2013, and how you should consider proceeding thereafter.

First, on March 16, 2013 the U.S. will change from a first-to-invent system to a first-inventor-to-file system. Thus, inventing first no longer guarantees an inventor’s priority at the Patent Office.

Second, the first-inventor-to-file system also enlarges the pool of possible prior art that the examiner can refer to, and possibly use to reject an application.

Third, many aspects of the new patent statutes will remain uncertain until courts decide how to interpret the new sections and language.

And finally, post-March 16, 2013 patents will be subject to post-grant review. Under post-grant review, members of the public can submit evidence to challenge the validity of an issued patent within nine months of issuance. It has been estimated that defending against post-grant review could cost a patentee in excess of $250,000.

We recommend that you proceed purposefully prior to March 16, 2013. Notably, to the extent that it will be necessary to file applications after the deadline on innovations that are already largely ready to patent, it may be advantageous to file one or more provisional applications covering the potential breadth of the later-filed application.

Post-AIA, we recommend that you consider filing early and strategically. For instance, by filing provisional applications on incremental innovations, a patentee may place itself in the best possible position in the race to the Patent Office.

Finally, we recommend that you consider reviewing employee assignment agreements to make sure that the assignment obligations extend to later-filed applications and are made to the same entity. The new law exempts prior art disclosures as prior art if owned by the same person, or subject to an obligation to assign to the same person (or corporation).

Please contact us if you have any questions about AIA or how it will affect your business. We welcome the opportunity to discuss strategies on how to best protect your company’s intellectual property.

Disclaimer regarding legal advice: This is a source of general information for clients and friends of Parsons Behle & Latimer. Its content should not be construed as legal advice and recipients should not act upon this information without consulting legal counsel.

Checklist for Complying with the New FMLA Regulations

Fri, 08 Mar 2013 05:00:00 GMT

On Friday, March 8, 2013, new regulations take effect implementing changes to the Family and Medical Leave Act (FMLA). Covered employers need to take action to ensure compliance with the new rules. We offer this summary of the changes as well as a checklist to make FMLA compliance easy.

What Has Changed in the New FMLA Regulations?

Recently published by the U.S. Department of Labor (DOL), the final rule clarifies a number of existing FMLA requirements and implements changes to the military leave provisions. It also addresses new rules that apply to airline flight crews. The DOL provides a useful side-by-side comparison of 2008 vs. 2013 regulations on its website (http://www.dol.gov/whd/fmla). Highlights of the changes resulting from the new regulations are outlined below.

Existing FMLA Requirements Clarified. The following changes clarify how employers must comply with certain existing FMLA requirements:

Intermittent or reduced schedule FMLA leave must be tracked using the smallest increment of time used for tracking other types of leave, provided that it is not greater than one hour.
An employer may not require the employee to take more leave than necessary to address the FMLA issue.
If FMLA documents contain family information, employers must keep such information confidential pursuant to the Genetic Information Nondisclosure Act (GINA).
Any absence from work due to military service covered under the Uniformed Services Employment and Reemployment Rights Act (USERRA) must be counted toward the employee's 12-month employment period when determining FMLA eligibility.

Military Caregiver Leave Expanded to Include Care for Covered Veterans. The new regulations expanded military caregiver leave so that a covered servicemember now includes veterans who are undergoing medical treatment, recuperation or therapy for a serious injury or illness, rather than covering only current servicemenbers. A covered veteran is defined as an individual who was discharged or released at any time during the five (5) year period prior to the first date the eligible employee takes FMLA to care for the covered veteran. A dishonorable discharge disqualifies the veteran from coverage. The period between the October 28, 2009 enactment of the law and the March 8, 2013 effective date of the Final Rule is excluded in the determination of the five (5) year period for covered veteran status.

Serious Injury or Illness of Military Members and Veterans Broadly Defined. The new regulations expand the definition of serious injury or illness incurred by a current servicemember to include injuries or illnesses that existed prior to the member's active duty but were aggravated in the line of active duty. With new FMLA leave for the care of covered veterans, the definition of a serious injury or illness for a covered veteran includes four alternatives, only one of which must be met: (1) a continuation of a serious injury or illness that was incurred when the covered veteran was a member of the Armed Forces; (2) a physical or mental condition for which the covered veteran has received a VA Service Related Disability Rating of 50% or greater; (3) a physical or mental condition that substantially impairs the veteran's ability to secure or follow a gainful occupation; or (4) an injury for which the covered veteran has been enrolled in the VA's Program of Comprehensive Assistance for Family Caregivers.

Qualifying Exigency Leave Broadened. Prior to the new regulations, FMLA leave for qualifying exigencies arising out of a covered military member's active duty or impending call to active duty was limited to family members of National Guard and Reserve military members called to duty in support of a contingency operation. The 2013 regulations expand exigency leave to include members of the Regular Armed Forces. Active duty now requires deployment to a foreign country. A new qualifying exigency leave category was added for parental leave so that eligible employees may take leave to care for a military member's parent who is incapable of self-care when necessitated by the member's covered active duty. Finally, exigency leave to spend time with a military member on Rest and Recuperation is expanded from five (5) to fifteen (15) days.

Airline Flight Crews Covered by FMLA. The Airline Flight Crew Technical Corrections Act (AFCTCA) was enacted to tailor the FMLA's hours of service requirements and leave benefits to reflect the unusual working schedules and monthly hour guarantees of airline pilots and flight attendants. The new regulations implement special rules applicable to airline flight crew employees. The hours of service requirement for such employees will be met if the crew member has worked or been paid for not less than 60% of the applicable monthly guarantee and has worked or been paid for not less than 504 hours in the previous 12-month period. Eligible crew employees are entitled to 72 days of FMLA leave and 156 days of FMLA military caregiver leave. Airlines must maintain appropriate records specifying crew member monthly guarantees including relevant collective bargaining agreements as well as records of hours scheduled.

New FMLA Forms and Posters. As a result of the 2013 regulations, the DOL updated four of its optional-use forms and the mandated FMLA poster.

Checklist for FMLA Compliance

To ensure compliance with the new 2013 FMLA regulations, complete the steps in the following checklist: (Note: links are provided to the new FMLA poster and all new FMLA forms.)

Update your written FMLA policy in your employee handbook (and wherever else published) to reflect expanded leave entitlements, including:
- Military caregiver leave available to care for covered veterans;
- Military caregiver leave definitions of serious injury or illness broadened;
- Qualifying exigency leave now applies to members of the Regular Armed Forces;
- Qualifying exigency leave for active duty requires deployment to a foreign country;
- New category of qualifying exigency leave for parental leave; and
- Rest and Recuperation exigency leave allows for up to fifteen (15) days.
Update FMLA procedures as follows:
- Calculate eligibility hours of service during previous 12-months to include any period of absence for military service protected under USERRA;
- Track intermittent and reduced schedule leave in the smallest increment you allow for other types of leave (increments must not be greater than one hour);
- Do not require an eligible employee to take more FMLA leave than is necessary for the FMLA covered reason.
Institute a process to keep confidential any family information found on FMLA documents as required by GINA.
Post the 2013 FMLA Poster in a conspicuous area in your workplace.
Use the updated 2013 FMLA Forms (or update your forms accordingly):
- WH-381 Notice of Eligibility and Rights & Responsibilities
- WH-384 Certification of Qualifying Exigency for Military Family Leave
- WH-385 Certification for Serious Injury or Illness of a Current Servicemember for Military Family Leave
- WH-385V Certification for Serious Injury or Illness of a Veteran for Military Caregiver Leave
Train human resources personnel, leave administrators, managers and supervisors on all changes.
Airlines must implement procedures to meet the special rules governing FMLA leave for airline flight crew employees.

Please contact us with any questions regarding the new FMLA regulations or if you would like us to review your FMLA policies, forms and procedures for compliance.

Heritage Group Invests in Utah-based Aviacode

Thu, 07 Mar 2013 05:00:00 GMT

Investing in the medical coding technology and workflow software of Aviacode adds to the portfolio of Heritage Healthcare Innovation Fund (HHIF) and furthers the mission to fund solutions that meet the needs of its strategic investors. Read more at ...http://www.aviacode.com/2013/heritage-group-invests-in-aviacode.

Amway and Allen Earn Third Award for Amway’s Artistry Product Knowledge eLearning Course

Wed, 06 Mar 2013 05:00:00 GMT

Amway and Allen Communication Learning Services have recently been recognized by the Omni Awards for excellence in media production. The award winning project is an interactive e-learning product knowledge training for the Amway ARTISTRY brand. The interactive e-learning modules were developed to teach, support and increase awareness of Amway’s ARTISTRY skincare.

The Omni Intermedia Awards are owned and operated by Media Corp Inc., which exists to recognize outstanding media productions that engage, empower and enlighten. Awards are given for exceptional work in Film, Video, TV, Internet, Interactive Media, Animation and Audio production.

“The Omni Awards are dedicated to highlighting excellence in media productions,” said Ron Zamir, CEO of Allen. “We are proud to have collaborated with Amway in developing this award winning training program. This is the third recognition offered to the Artistry brand training. We believe this speaks volumes to the quality of training that Amway offers to their distributors. ”

“The innovative methods that have been utilized in the design and development of our ARTISTRY brand e-learning content have created an engaging and effective training course that we are proud to share with our global distributors,” said Tina Dooley, Instructional Design Consultant, Global Distributor Training, at Amway. “The recognition that we have received for our training through organizations like the Omni Awards helps to reinforce our commitment to our global distributors in offering the best training and tools available.”

About Amway
Based in Ada, Mich., Amway is part of the Alticor group of companies, founded by the DeVos and Van Andel families. Alticor is the parent company of Amway, Access Business Group and Alticor Corporate Enterprises. The company offers consumer products and business opportunities, as well as product development, manufacturing and logistics services in more than 80 countries and territories worldwide. The company reported annual sales of $8.4 billion for the year ending December 31, 2009.

About Allen Communication Learning Services For over 30 years, Allen (www.allencomm.com) has developed award-winning training solutions for the world’s best companies. Designed for real impact on learner performance through sound instructional design, Allen’s proven Assure Methodology™ optimizes program results and maximizes return on your training dollar. Leveraging cutting edge technology to provide web-based training, blended training and mobile learning, as well as advanced LMS technology, Allen helps companies engage their learners like never before. Follow Allen on Twitter @Allencomm, on LinkedIn, and on Facebook.

Six Ways to Help Safeguard the Future of Your 401(k)

Wed, 06 Mar 2013 05:00:00 GMT

By James F. Ade

Extreme market volatility has disrupted even the most sound retirement accounts, throwing asset allocations out of balance and risking future potential growth. A careful review of your 401(k) account can help you identify changes that can strengthen this important retirement vehicle. Here are six ways to help you correct any imbalances in your plan that the market may have created and keep you on track to meet your retirement goals.

Check your diversification. Many 401(k) participants concentrate their investments in just two or three funds. Review the fund options offered by your employer’s plan carefully, and consider allocating your assets across the risk spectrum. Keep in mind that asset allocation and diversification do not ensure a profit or guarantee against a loss, and that investments are not FDIC insured, not bank guaranteed, and may lose value.

Rebalance. Make sure your choices reflect your personal risk profile and your nearness to retirement. For example, a moderate investor might target a mixture heavily weighted to large-cap growth funds, large-cap value funds and fixed income, with significantly less in international equities and cash. But market volatility can easily skew those proportions—some funds may drop sharply while others maintain their value or even gain. As a result, your asset allocation will change without any deliberate steps on your part.

You should consider your 401(k) account in the context of your overall assets. The sum total of your holdings—not just your 401(k) investments—needs to be in balance. You may find that it really pays to sit down and discuss all your retirement assets with your financial advisor. You may also want to consult with your tax advisor, as rebalancing assets outside a 401(k) plan may trigger a tax event.

Identify poor long-term performers. Checking each fund you hold against its peers can help you determine whether that fund’s performance, good or bad, is due to market forces or underlying fund problems. You can tell how a given fund has performed over the past one, three, five, and 10 years and over the life of the fund, relative to an index of similar funds provided by monitoring agencies such as Morningstar or Lipper. If your fund consistently underperforms the indices you may want to move your money. Of course, past performance is no guarantee of future results.

Assess fund fees. Some funds charge fees (typically a percentage of your overall purchase) when you buy shares, and again when you sell. This can become costly as you adjust your portfolio. Funds that charge according to the “net asset value” of your holdings don’t carry these transaction fees. When checking fees, that should be one of the first things you consider. Make sure you examine a fund’s prospectus for a list of all the applicable fees.

Keep in mind that individual funds vary widely in terms of their operating expenses. Check the operating expenses for your holdings against the average for those in your plan and the benchmarks for similar funds, using guidelines from Morningstar or Lipper. A financial advisor can help you make these comparisons.

Implement changes carefully. Adjusting your portfolio during a troubled market raises a fundamental question: How can you avoid losses from selling at depressed prices? If your portfolio is only moderately imbalanced, one simple strategy is to apply your changes moving forward with each new contribution from your paycheck. Over time, your assets can rebalance without selling a large number of shares.

If, however, you uncover a serious imbalance or funds that simply aren’t performing, it may be best to make changes even if it means incurring short-term losses. Over time, the value of having a balanced portfolio and strong funds can make up the difference.

Evaluate the features of your plan. Even the best 401(k) strategy will be hard to implement if the plan itself offers few choices or restricts your ability to change investments. It’s best to have an open architecture with multiple funds and managers, rather than being locked into one proprietary fund family. Some plans limit your ability to transfer in and out of asset categories, or charge you a fee for it.

If you feel your plan is too restrictive, you may want to consider an “in-service rollover,” which could allow you to roll part or all of your assets into a separate IRA that offers a wider array of choices. This may allow you to keep your 401(k) active, so that you can continue making contributions from your paycheck and receiving any matching contributions offered by your employer, while enjoying greater flexibility and control over those assets.

Not all company 401(k) plans offer this option, and you’ll want to consult with your financial advisor and tax professional to weigh the potential benefits against any possible tax impact. (Note that in-service withdrawal payments are taxable if not deposited into an eligible retirement plan or account within 60 days of receipt. You may also owe an early withdrawal penalty)

It’s not inevitable that assets leak out of your 401(k) by virtue of changing markets, poor choices or high fees. By taking your plan through this six-step process, you can see to it that your retirement savings account is positioned to better weather turbulent markets and make the most of more bullish times.

For more information, contact Merrill Lynch Financial Advisor Joel Lee in the Salt Lake City office at 801-629-5040 or joel_lee@ml.com.

Any information presented about tax considerations affecting client financial transactions or arrangements is not intended as tax advice and should not be relied upon for the purpose of avoiding any tax penalties. Neither Merrill Lynch nor its Financial Advisors provide tax, accounting or legal advice. Clients should review any planned financial transactions or arrangements that may have tax, accounting or legal implications with their professional advisors.

James F. Ade is a Vice President and Retirement Solutions Specialist for Merrill Lynch.

Merrill Lynch Wealth Management makes available products and services offered by Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S), and other subsidiaries of Bank of America Corporation (BAC). MLPF&S is a registered broker dealer, member SIPC and wholly-owned subsidiary of BAC

UTC Small Business Summit - Audio/Video Now Available

Wed, 06 Mar 2013 05:00:00 GMT

UTC Small Business Summit: Entrepreneurs Don’t Have to Be “Rock Stars” to Achieve Small Business Success

-New York Times small business editor and small business columnist tell entrepreneurs to keep things simple and strive for slow, consistent growth in their businesses-

SALT LAKE CITY, March 12, 2013 – Entrepreneurs need to hone their hiring skills, truly know and understand their customers, provide quality customer service and focus on steady growth in order to succeed in business.

Jay Goltz, lead columnist at The New York Times ‘You’re the Boss’ blog and Loren Feldman, small business editor for The New York Times delivered this message at the Utah Technology Council’s (UTC) (http://www.utahtech.org/) recent Small Business Summit. The event provided an open forum for attendees to interact with the columnists and to ask them business questions.

Goltz shared what he has learned from 30 years of trial-and-error entrepreneurial experience. He started a picture framing company that has grown to become the largest framing store in the United States.

“You have to truly provide quality customer service to be an entrepreneurial success,” Goltz said. “This means that you won’t make money on every sale. Sometimes you have to take a loss to provide a customer with the type of service that will keep them coming back. If you go into business with this knowledge, you’ll already be a step ahead of a large portion of entrepreneurs.”

Goltz mentioned that hiring and retaining quality employees is also a key component in providing this customer service.

“You have to hire the right people for your company,” Goltz said. “The best way to know if an individual is right for your organization is to follow up with the candidate’s references and ask them candid, relevant questions about the potential employee. Doing this up front can save you personnel headaches down the road. A new hire with a good reference obviously doesn’t guarantee they’ll work out, but, in most cases, it gives you a pretty accurate assessment of an individual.”

Goltz ended his presentation by telling attendees they need to focus on achieving slow, steady growth.

“Remember, not every entrepreneur is going to turn into a Mark Cuban,” Goltz said. “You should focus on growing your business at around 10 percent each year. If you can do this consistently over time, you will be highly successful. You don’t have to be a rock star entrepreneur to make a great living. Don’t put your business in league with the Richard Bransons and Mark Cubans of the world. These folks are the exception, not the rule. Focus on the customer and steady growth and at the end of the day you’ll be successful.”

Feldman backed up this statement by telling attendees what both he and Goltz try to do in their New York Times columns.

“We strive to provide real-world, common-sense advice to the everyday entrepreneur,” Feldman said. “Most successful entrepreneurs and businesses don’t turn out to be international super stars. Most successful entrepreneurs are hard-working people seeking practical business advice. It’s our goal as small business writers to give folks this information.”

The UTC hosted the Small Business Summit in conjunction with Grow America.

“The proven insights presented by these gentlemen are invaluable,” said Richard R. Nelson, president and CEO of the UTC. “This practical approach to entrepreneurship lets people know that to be successful you don’t have to grow at 50 to100 percent a year. Big growth is great but usually slow and steady wins the race.”

For information on how you can take advantage of the value of the UTC Network by becoming a member, please contact our Member Services Director Devin Spann at dspann@utahtech.org or call 801-568-3500.

About the Utah Technology Council
Utah’s premier professional association, the Utah Technology Council, has grown 13 percent a year for the past ten years becoming the essential business resource for high tech and clean tech companies seeking to achieve greater success. At its core, UTC exists to foster the GROWTH of the state’s 5,500-plus technology companies, ensure Utah develops the highest QUALITY WORKFORCE in the nation and attract an ever-increasing array of FUNDING. Members join UTC to share insights with industry peers, counsel with government and academic leaders and receive help from professional service providers and funding resources.

About Grow America
Grow America is a national and international company with a mission to create jobs and lift local economies. Founded by UTC Chairman Alan E. Hall, Grow America aligns the partners, mentors and capital that entrepreneurs need to create and grow tomorrow’s successful companies.
###

UTC PR Contact:
Judy Young, Executive Director
T) 801 568-3500
jyoung@utahtechcouncil.org

PR Agency Contact:
Cheryl Snapp Conner
Managing Partner, Snapp Conner PR
P-801 994-9625
C-801 376-2158
cheryl@snappconner.com

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Michigan Health Information Network Shared Services, DigiCert and Nitor Group Facilitate Secure Sharing of Interstate Health Records

Tue, 05 Mar 2013 05:00:00 GMT

EAST LANSING, MI (March 5, 2013) — Today the Michigan Health Information Network (MiHIN) Shared Services announced an agreement with leading high-assurance digital certificate provider DigiCert and health information services provider (HISP) Nitor Group to use DigiCert’s federally bridged certificates for secure interstate sharing of electronic health information. This project, one of the first of its kind in the U.S., supports MiHIN’s mission to improve healthcare outcomes for Michigan residents by providing trusted means by which patients, providers and insurers can securely exchange private medical records across state boundaries. The announcement also serves as a model of an effective public-private relationship to other states working to implement and carry out the Meaningful Use stages.

The new solution allows MiHIN to issue federally bridged digital certificates from DigiCert to efficiently and securely transfer encrypted electronic health records of Michigan residents between accredited healthcare providers and insurers with respect to Michigan residents wherever they may receive treatment. This capability significantly shortens the time required to receive critical electronic records at the point of care and improve patient outcomes while also lowering costs. DigiCert is the first publicly trusted Certificate Authority to issue certificates that meet the Direct protocols for health information exchange and are cross-certified with the Federal Bridge Certification Authority. Given its prominent role in drafting the governance aspects of the Direct protocol that will be used in the DirectTrust community, DigiCert is lending its expertise and infrastructure in working with HISPs, insurers and state exchanges to support compliance across the country.

MiHIN Chief Security Officer Brian Seggie commented, “With DigiCert’s new federally bridged security certificates MiHIN is now able to go into full production with secure exchange of patient health information between Michigan and our five border states, our “snowbird” states in warmer climes, and other states that Michigan residents frequently visit where they sometimes receive treatment. In some sense, this is as exciting as building the interstate highway system, but for the timely and secure exchange of information between states that will improve patient outcomes and in some cases, potentially save lives.”

“DigiCert is pleased to be able to work with MiHIN and Nitor Group to advance this critical work on behalf of the state of Michigan and its residents and health providers,” said DigiCert VP of Government, Education Relations and Senior PKI Architect Scott Rea, who also serves on the board of DirectTrust. “As an organization, we’re committed to contributing our expertise within DirectTrust to help improve the quality and affordability of healthcare through the Direct initiative.”

MiHIN Senior Integration and Design Architect Jeff Shaw observed, “Using the Direct secure message technology and these new enhanced certifications allows MiHIN to transport health information while ensuring that the information remains securely encrypted between providers in Michigan and in other states. Using federally bridged certificates also allows exchange with federal agencies, such as the Center for Disease Control for public health issues and the Veterans Health Administration to ensure that those who served our country receive the best care possible. This secure means of sharing health information across state lines gives health professionals across the nation an easy-to-use platform that can also scale upwards to grow as health information sharing evolves.”

The Direct Project was initiated in early 2010 under the direction of the U.S. Department of Health & Human Services and the ONC with the goal of benefitting patients and providers by improving the transport of health information, making it faster, more secure and less expensive. The Direct Project establishes scalable standards and documentation to support simple scenarios of pushing data from point-to-point in a trusted way that improves interoperability by providing rules-based methods of interstate and interagency sharing. It also improves healthcare outcomes by moving this type of information sharing away from traditional mail and fax methods.

David C. Kibbe, MD, MBA, is the President and CEO of DirectTrust, a non-profit trade alliance created by and for Direct community participants to provide a national Security and Trust Framework. Dr. Kibbe believes that the MiHIN-DigiCert-Nitor Group agreement represents the future of healthcare informatics in providing the proper technological controls to ensure secure, timely information sharing to improve healthcare outcomes.

Said Kibbe, “The public-private collaboration that this program represents is a model for the way in which Directed exchange should bring standards based, inter-vendor and cross boundary electronic health information exchange to healthcare providers and patients alike in the U.S. Nitor and DigiCert will work with MiHIN to make Directed exchange easy, affordable, and ubiquitous, while making sure that the security and trust-in-identity the public demands is firmly in place.”

Nitor Group, a Direct-qualified HISP, facilitated this agreement. The company looks forward to its continued collaboration with DirectTrust and DigiCert to advance the interoperability and efficiency of state HIE’s.

Doug Hill, a Partner with the Nitor Group stated, “MiHIN’s agreements with Nitor Group and DigiCert show a dedication to security and privacy which are critical to the increased electronic exchange of health information.”

About Michigan Health Information Network Shared Services (MiHIN)
The Michigan Health Information Network (MiHIN) Shared Services is dedicated to improving the healthcare experience, improving quality and decreasing cost for Michigan’s people by supporting the statewide exchange of health information and making valuable data available at the point of care. MiHIN is a public and private nonprofit collaboration between the State of Michigan, the Office of the National Coordinator, sub-state Health Information Exchanges, insurers, payers, providers and patients. For more information please visit www.mihin.org.

About DigiCert, Inc.
DigiCert is a premier online trust provider of enterprise security solutions with an emphasis on authentication, PKI and high-assurance digital certificates. Headquartered in Lindon, Utah, DigiCert is trusted by a continually growing clientele of more than 60,000 of the world’s leading government, finance, education and Fortune 500® organizations. DigiCert has been recognized for its excellence in customer support and the workplace, and was applauded for its value-added product features with the 2011 Frost & Sullivan Customer Value Enhancement Award for SSL Certificates. For the latest news and updates on DigiCert, visit www.digicert.com, like DigiCert on Facebook® or follow Twitter® handle @digicert.

About Nitor Group
Nitor, founded in 2007 and headquartered in Washington, DC, is an IT consulting firm passionate about creating practical solutions to difficult problems. Working both in government and commercial sectors, we take a very broad view of IT systems and strategies ensure customers identify and deploy the best possible solutions. Nitor has extensive experience with HIT interoperability standards and specifications, in developing CONNECT and DIRECT solutions, and operating the NwHIN exchange. Their product suite is easy, adaptable, and production ready and is cloud-based solution offered as either a SaaS solution or Enterprise Integration.

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PRESS CONTACTS
Michigan Health Information Network Shared Services (MiHIN)
Jonathan Goldstein Goldstein@mihin.org
P: (517) 336-5714

DigiCert, Inc.
Jeff Chandler
jeff.chandler@digicert.com
P: (801) 701-9653

Nitor Group Ltd.
Doug Hill
P: (301) 520-2116
doug.hill@nitorgroup.com

Complete Lean Startup Overview

Thu, 28 Feb 2013 05:00:00 GMT

John Richards, long-time tech entrepreneur, professor of entrepreneurship and co-founder of Boom Start-up, and Scott Petersen, long-time serial entrepreneur and Managing Director of BYU's Entrepreneurship Center, teamed up to deliver the first of four key seminars in 2013 you will not want to miss--as the topics are all inter-related building blocks.

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Audio | Video | PowerPoint | Photos available to members only

Collaboration will help Utah become a STEM top ten tech center

Wed, 27 Feb 2013 05:00:00 GMT

By Natalie Gochnour, executive vice president and chief economist (original source)

Collaboration breeds success in our hyper-connected, fast-paced and complex world. Many believe collaboration represents the next frontier of human productivity as technology combines with people skills to break down barriers, solve problems and improve efficiencies. For these and other reasons I am enthused about a recently signed memorandum of agreement between the Salt Lake Chamber – Utah’s largest business association – and the Utah Technology Council – Utah’s premier high tech and clean tech industry association. In the agreement, both entities commit to collaborate on common priorities such as science, technology, engineering and mathematics (STEM) learning opportunities in Utah schools.

The Utah Technology Council (UTC) does amazing things in this state. Utah is home to 5,500 tech companies and technology jobs are growing at a clip more than twice the state average. Tech companies pay wages 65 percent higher than the status quo. Better yet, tech companies bring all sorts of interesting and talented people to our state. Look no further than the extraordinary Adobe building in Lehi. A diverse group of long-time Utah residents and newcomers work in this iconic structure, which serves as a symbol of Utah’s recent tech accomplishments. The UTC played a pivotal role in supporting the funding, workforce development and innovative spirit that attracted Adobe to expand in our state.

Rich Nelson leads the UTC. I’ve known Rich since the late 1990s when we worked together to attract Boeing (then McDonnell Douglas) to the Beehive State. Rich played a leading role in supporting the Utah Fund of Funds, the Utah Science, Technology and Research (USTAR) initiative, and other high priority technology endeavors. Through the UTC, he belongs to a national network of over 90 like-minded technology organizations and works closely with seven trade associations that keep the United States on the leading edge of technology in the world. I credit Rich and the UTC for keeping Utah’s tech community vibrant.

I’m a staunch believer in collective impact – the notion that large scale community improvement requires broad cross-sector coordination. The Salt Lake Chamber’s recent agreement with UTC is one of 35 like agreements we have signed with chambers of commerce and business associations throughout the country, and even the world. That’s right, we’ve reached out to chambers of commerce in nine countries to advance Utah’s international trade. The Utah economy wins when organizations like the Salt Lake Chamber and Utah Technology Council work together to create a prosperous and promising future for our state.

February 2013 President's Message

Tue, 26 Feb 2013 05:00:00 GMT

Legislative Update: What the Current STEM Initiative Means for Your Business

Need proof of the talent shortage in Utah’s STEM-related companies? Just take a look at the billboards along I-15 in Utah County. The talent wars rage on. These billboards are clever, but also signify a very serious issue: there are thousands of current openings in STEM, and too many young professionals without good jobs.

We need your help to tell this story to the legislature. We need to get aggressive about bridging the talent gap in our industry—and it all comes back to STEM education.

This legislative session, UTC is focusing our full support on STEM and Rigor reform with HB139. We’re backing the initiative that will have the single greatest impact on the future growth and success of our technology companies. It may be the most ambitious STEM initiative in the country: allocating $20 million to bolster STEM education. HB139 letter to Legislators | Talking Points

This is an accelerator—a way to take a portion of the state’s $4.5 billion investment in K-12 education and direct it toward resources that really align our students and teachers with the desperate demands of industry.

The initiative includes bills to create a STEM Center, which will create support systems for math and science teachers to achieve their higher learning outcomes, and STEM Schools, which will give students the chance to take rigorous math and science courses and engage in hands-on STEM projects. In addition to UTC’s lead with a high-priority commitment, the request is endorsed by the Governor’s Education Excellence Commission, Prosperity 2020, Chambers of Commerce and the State Board of Education.

This initiative will fuel the growth of our innovative companies by attracting and educating more software developers, engineers and technicians, and teaching students to think critically. It’s a monumental time to get involved in policy. Every technology leader should help secure this investment in our future workforce.

Good News: The STEM center bill passed out of the committee unanimously yesterday. The key was the industry’s stellar response to this week’s Call to Action on HB139. The committee members were very impressed with the large turn out from the industry and the many support emails they received and read over the weekend. Thank you – you are making a difference!

Join Us to Champion STEM On the Hill

“But what impact will I really have?” you might be thinking. The answer is: A BIG ONE. When you join me and UTC’s team of lobbyists on the Hill as happened yesterday, we can make a powerful case for why certain bills matter to Utah’s economy. With your help, we’ve been able to provide critical direction to the legislature year after year. Last year we got 8 out of 8 bills passed. The year before, 14 out of 15. Let’s do it again!

All it takes from you is a 1 – 2 hours to come and tell your story.

We’ve got an exciting 2-1/2 weeks ahead. I encourage you to join us for one or all of the following events:

Public Policy Forums: If STEM is important to help fuel the talent pipeline for your company, we’ll help you convey that to the legislature. We meet every Friday during the legislative session. These meetings are a great way to develop talking points and ramp up your efforts to show your STEM support, either in person or by phone or email, to your two members of the legislature. Join us this Thursday, Feb. 28 immediately following the Legislative Breakfast.
Legislative Leaders Breakfast: Come and listen to Speaker Becky Lockhart and President Wayne Niederhauser comment on the just-released budget at our annual Legislative Breakfast February 28. Networking begins at 7 a.m., followed by breakfast and an opportunity to hear from our public leaders and ask questions. We’ll hold our Public Policy Forum immediately following the breakfast instead of on March 1 as originally planned.
Meet with STEM expert and CEO of Innovate+Educate: On March 1, we’re bringing in the head of Innovate+Educate, Jamai Blivin, to engage our legislators. She’s a nationally-recognized expert on how industry leaders can drive global STEM change. We’d love for you to help us introduce her at the Capitol. We’ll have a conference call briefing before the event. Contact us to participate.

Advocacy matters. The legislature listens to UTC and our member companies, as experienced yesterday on HB139 and we’ve got so many hot, thriving companies in Utah—why wouldn’t we get involved?

Our fast-changing digital world demands STEM and Rigor reform. Let’s bring our schools into the 21st century. I look forward to seeing you on the Hill!

I welcome hearing from you,

Richard R. Nelson
President and CEO

New York Times Reporters To Engage With Utah Executives on Small Business, March 6

Tue, 26 Feb 2013 05:00:00 GMT

-New York Times Small Business editor Loren Feldman and columnist Jay Goltz will address all things small business in interactive Utah Technology Council Event

SALT LAKE CITY, February 26, 2013 – Utah companies have one week remaining to register and submit their business questions for interaction with New York Times small business editor Loren Feldman and lead You’re The Boss columnist Jay Goltz at the Utah Technology Council’s (UTC) (www.utahtech.org) Small Business Summit, March 6, 2013.

Registrants are invited to submit their business description and key questions to Feldman and Goltz in advance. The summit will include presentations from Feldman and Goltz, vignette discussions from the submitted materials, and will conclude with an audience Q&A.

The UTC is hosting the Small Business Summit in conjunction with Grow America (www.growam.com) on Wednesday, March 6, 2013 at the Salt Lake Community College Miller Campus in the Miller Free Enterprise Center auditorium. The summit will run 3-5 p.m. Cost is $10 for UTC members and $30 for non-UTC members. To register, visit: http://bit.ly/12soIHF.

Feldman and Goltz will discuss their New York Times coverage for small businesses. They will also provide examples of the topics and stories they write. Goltz will talk about his 30 years of trial-and-error experience as a business owner and will share the lessons he has learned. The editors will also retain all submitted company materials as ideas for potential articles.

“Utah businesses need to understand how to speak to a national audience,” said Richard R. Nelson, president and CEO of the UTC. “The Small Business Summit gives Utah executives a great opportunity to learn what it takes to garner national media attention. The event will provide invaluable insight to attendees looking to broaden their companies’ reach and facilitate a conversation to a national, maybe even a global, audience.”

Presenter Information:

Loren Feldman – Feldman is the small business editor for the New York Times
Jay Goltz – Goltz is a long-time small business owner who writes the Thinking Entrepreneur column for New York Times’ You’re The Boss blog.

For more information on UTC or becoming a UTC member, please contact our Member Services Director Devin Spann at dspann@utahtech.org or call 801-568-3500.

About the Utah Technology Council

Utah’s premier professional association, the Utah Technology Council has grown 13 percent a year for the past ten years becoming the essential business resource for high tech, clean tech and life science companies seeking to achieve greater success. At its core, UTC exists to foster the GROWTH of the state’s 5,500-plus technology companies, ensure Utah develops the highest QUALITY WORKFORCE in the nation and attract an ever-increasing array of FUNDING. Members join UTC to share insights with industry peers, counsel with government and academic leaders, and receive help from professional service providers and funding resources. For information on how you can take advantage of “The Value of the UTC Network by becoming a member, please contact our Member Services Director Devin Spann at dspann@utahtech.org or call 801-568-3500.

About Grow America

Grow America is a national and international company with a mission to create jobs and lift local economies. Founded by UTC Chairman Alan E. Hall, Grow America aligns the partners, mentors and capital that entrepreneurs need to create and grow tomorrow’s successful companies.

###

UTC PR Contact:
Judy Young, Executive Director
T) 801 568-3500
jyoung@utahtechcouncil.org

PR Agency Contact:
Cheryl Snapp Conner
Managing Partner, Snapp Conner PR
P-801 994-9625
C-801 376-2158
cheryl@snappconner.com

Fluid Wins Big at 2013 ADDYs

Tue, 26 Feb 2013 05:00:00 GMT

SALT LAKE CITY—Fluid Advertising was the most awarded agency at the 2013 Utah ADDY Awards Show, held Feb. 23 at the Utah Museum of Fine Arts. The Bountiful firm won eight gold, 18 silver and a Judges’ Special Award for several of its clients, including Cameron Construction, Copper Canyon Restaurant, Creamies Premium Ice Cream, the Gallivan Center, the Utah Department of Natural Resources and the Utah Division of Wildlife Resources.

Despite 15 years in business, this was the first time Fluid had entered work in the competition. It’s part of Creative Director Ryan Anderson’s vision to remake what has been a small design studio into a full-service digital marketing and advertising agency. “Our goal is to do amazing work that cuts through the clutter and gets our clients noticed,” Anderson said. “This recognition shows we’re on the right track.”

About Fluid

Fluid (http://www.getfluid.com/) is a digital marketing, design and advertising agency located just North of Salt Lake City, Utah. While they’re well known for their creative services, they also offer brand strategy and planning, search engine optimization, media buying, social media marketing and more. You can check out their work and learn more about the company at getfluid.com

Durham Jones & Pinegar Appoints Section Chairs and Committee Leaders

Fri, 22 Feb 2013 05:00:00 GMT

Salt Lake City — The law firm Durham Jones & Pinegar announced firm leadership changes in several areas.

The Board has appointed Duane H. Gillman to chair the firm’s Bankruptcy and Creditors’ Rights Section, Rick Hymas to be the firm’s Litigation Section Chair and Mark Gibb to be the Litigation Section Co-Chair. Gretta Spendlove will chair the firm’s Real Estate Section.

Continuing to serve as chairs of other practice sections of the firm are: Kevin Johanson, Intellectual Property Section Chair; Russell M. Smith, Business and Finance Section Chair; and Doug Taggart, Estate Planning Section Chair.

The firm also has appointed Peter Donaldson, a member of the firm’s Litigation Section, to chair and bankruptcy attorney Jessica Peterson to serve as the vice chair of the firm’s Recruiting Committee.
Gillman joined Durham Jones & Pinegar in October 2005. He has distributed over $80 million to creditors and other parties in interest as a trustee in Chapter 7, Chapter 11 and Chapter 12 cases. He maintains an "AV" rating with Martindale-Hubbell, which is the highest rating awarded to attorneys for professional competence and ethics.
Hymas has been with the firm for seven years. His practice focuses on employment law and commercial litigation. He previously served on the firm’s Board of Directors. He also is on the Board of Directors of Make-a-Wish Utah.

Gibb has been with the firm since its founding in 1991. With more than 20 years of experience as a trial and appellate lawyer, Gibb specializes in complex commercial litigation, with particular emphasis in intellectual property and real property law and recoveries involving investment fraud. He recently was co-lead trial counsel in defense of patent and trade secret claims regarding alleged defects in floppy disk controllers asserted against a Taiwan company. Gibb serves as a trustee of Utah Avalanche Girls Soccer Club Foundation, a non-profit girls’ soccer club.

Spendlove joined the firm in 2001. She represents clients in commercial real estate matters such as development, financing, and leasing of office buildings, retail developments, and multifamily projects. In addition, she consults with business owners on contracts and other corporate issues. Spendlove is a member of the board of directors of CREW Utah, Women Tech Council, and the Salt Lake Chamber of Commerce Women’s Business Center.

About Durham Jones & Pinegar: Durham Jones & Pinegar is a leading law firm with offices in Utah and Nevada, offering a full spectrum of services in more than 20 specialized fields. These include Business & Finance, Commercial Litigation, Intellectual Property, Government Relations, Estate Planning, Real Estate, Bankruptcy, Employment, Tax Law, Family Law and more. For information, visit www.djplaw.com.

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THE NATIONAL CENTER FOR WOMEN & INFORMATION TECHNOLOGY RECOGNIZE 10 UTAH HIGH SCHOOL WOMEN FOR COMPUTING ASPIRATIONS

Wed, 20 Feb 2013 05:00:00 GMT

Salt Lake City, UT, Feb 20, 2013 –The National Center for Women & Information Technology (NCWIT) and the NCWIT Utah Affiliate will recognize 10 high-school women for their accomplishments and aspirations in computing and technology at the March 23, 2013 award ceremony at the University of Utah from noon to 2:30 p.m. The award ceremony will also honor Karen Miller from the Success Academy in Cedar City, a national NCWIT award winner and Julie Bagley of the Granite Technical Institute who was selected by the national NCWIT organization for a Aspirations in Computing Educator Award. At the event 10 runners-up from the Utah competition will also be introduced.

The NCWIT Award for Aspirations in Computing recognizes high-school women for their computing-related achievements and interests. Each Utah winner will receive trophies (both for personal and school trophy cases) and other prizes, including cash, T-shirts, calculators and various corporate logo items. Prizes and support for the event have been donated by corporate sponsors Mozy, VMWare, Xactware, Numira Biosciences, Hewlett Packard, L3 Communications Systems West and by the Women Tech Council and the Information Technology Education in Career and Technical Education at the Utah State Office of Education. National and local colleges, including Southern Utah University and Utah State University have dedicated scholarships for award winners.

"While NCWIT has been active for several years, Utah has not had its own competition until this year," said Vicki Allan, chair of NCWIT Aspirations in Computer Award for Utah. " With over fifty applicants from all over the state, we see a great future for our Utah competition. We are delighted to see schools and advisors actively involved in preparing young women to make a difference in the world of computing. Computer Science is an amazing field for young women. Jobs are dynamic and exciting. Salaries are good. Job opportunities are plentiful. I am always surprised at how many women pick professions in which salaries are low and job opportunities miniscule. I hope this award will help to get the word out, Computer Science is for women! "

The NCWIT Award for Aspirations in Computing was created to encourage the computing aspirations of young women, introduce them to leadership opportunities in the field, and generate visibility for women’s participation in technology fields. Winners are acknowledged for their outstanding aptitude and interest in technology and computing, leadership ability, academic history, and plans for post-secondary education.

"With technology jobs projected to grow faster than all other job sectors in the next decade, it’s imperative that we nurture the computing aspirations of women, who will make up half the professional workforce," said Lucy Sanders, CEO and Co-founder of NCWIT. "This award allows us recognize and encourage talent that might otherwise be overlooked."

The 10 young women selected as winners of the Utah Affiliate NCWIT Award for Aspirations in Computing and the 10 runners-up were selected from more than 50 applications. These young women are from 15 different high schools from around the state and represent a broad diversity of socioeconomic and ethnic backgrounds. Following are the 2012 winners of the Utah Affiliate NCWIT Award for Aspirations in Computing:

Andrea Castillo, Junior, Logan High, Logan

Sierra Davis, Junior, Salem Hills High, Salem

Shelly Gale, Senior, Hunter High, West Valley City

Melissa Ivie, Sophomore, Copper Hills High, West Jordan

Lea Landaverde, Sophomore, Success Academy, Cedar City

Catherine Merkel, Senior, Desert Hills High School, St George

Brittanye Messerly, Senior, Springville High, Springville

Celest Salazar, Senior, Hillcrest High, Midvale

Eliza Wells, Sophomore, The Waterford School, Sandy

Rachel Young, Sophomore, Timpanogos High, Orem

Runners-up include:

Sierra Andersen, Junior, Success Academy, Cedar City

Mandi Barton, Junior, Parowan High, Parowan

Celeste Carter, Junior, Success Academy, Cedar City

Courtney Eckley, Freshman, Olympus High, Salt Lake City

Kelsey Henrichsen, Sophomore, Kearns High, Kearns

Karina Marchant, Sophomore, Cedar City High, Cedar City

Andrea Pena, Senior, Timpanogos High, Orem

Stephanie Smith, Sophomore, Lehi High, Lehi

Meghan Taylor, Senior, Salem Hills High, Salem

Echo Wilkinson, Senior, Logan High, Logan

About NCWIT

NCWIT is the National Center for Women & Information Technology, a non-profit coalition of over 200 prominent corporations, academic institutions, government agencies, and nonprofits working to improve U.S. innovation, competitiveness, and workforce sustainability by increasing women's participation in IT. NCWIT's work spans K-12 and higher education through industry and academic careers. Find out more at www.ncwit.org.

The Utah Affiliate Award committee members are Vicki Allan, Utah State University; Sue Dintelman, Pleiades Software; Helen Hu, Westminster College; Shalini Kesar, Southern Utah University; Jay McCarthy, Brigham Young University; Jamie Morningstar, Mozy/VMWare; William Thompson, University of Utah.

JetBlue University and Allen Communication Win Gold Omni Award for Mobile Solution

Wed, 20 Feb 2013 05:00:00 GMT

JetBlue University and Allen Communication have been honored with a Gold Omni Award for an Interactive Corporate Training Mobile Solution. JetBlue University, the corporate university of JetBlue Airways, partnered with Allen Communication Learning Services to develop a powerful interactive map of the JetBlue Long Island Support Center. The interactive map is designed to work with mobile devices and traditional desk-top platforms. JetBlue University created the innovative mobile solution to allow its employees to quickly acclimate to their facilities and get the most out of their support center amenities.

The Omni Intermedia Awards are owned and operated by Media Corp Inc., which exists to recognize outstanding media productions that engage, empower and enlighten. Awards are given for exceptional work in Film, Video, TV, Internet, Interactive Media, Animation and Audio production.

“The mission of the Omni Awards is to recognizing excellence in media productions and we’re proud that the JetBlue University Mobile Solution has earned that recognition,” said Ron Zamir, CEO of Allen. “Relatively simple learning tools like this interactive map can have a huge impact on employee change management and adoption. We as a company must continue to help our clients innovate and adapt to technologies and approaches.”

“Our mobile initiative of fitting an interactive map into a small cell phone screen had unique challenges,” said Warren Christie, VP of Operational Planning and Training at JetBlue University. “We’re very pleased with the Mobile Solution and our Crewmembers have been quick to adopt this helpful new resource.”

This collaboration between JetBlue University and Allen is not the first. JetBlue University used Allen’s learning technology to deliver their online course catalog to over 12,000 JetBlue Crewmembers.

About JetBlue University
JetBlue University (JBU) is the corporate university of JetBlue Airways and offers support in training, education, and career and skills development for all Crewmembers. The primary objective at JetBlue University is to deliver the best learning experience for each student by creating programs that not only provide exceptional adult education, but define and support the JetBlue Values and Principles of Leadership. To learn more visit www.jetblue.com.

About Allen Communication Learning Services
For over 30 years, Allen (www.allencomm.com) has developed award-winning corporate training solutions for the world’s best companies. Designed for real impact on learner performance through sound instructional design, Allen’s proven Assure Methodology™ optimizes program results and maximizes return on your training dollar. Leveraging cutting edge technology to provide web-based training, blended training and mobile learning, as well as advanced LMS technology, Allen helps companies engage their learners like never before. Follow Allen on Twitter @Allencomm, on LinkedIn, and on Facebook.

Under the Lens: Adaptive Computing

Wed, 20 Feb 2013 05:00:00 GMT

1. What is your company doing that is absolutely unique?
Adaptive is the leader in policy-based optimization. While others offer various cloud or cluster management components, Adaptive's policy-based optimizer is unique in its ability to apply multiple policy and constraints simultaneously. This results in drastically higher system utilization rates, saving millions of dollars per year for large deployments. Like our competitors, we are good at saving users time, but no one can match Adaptive's monetary savings. Our software powers the largest supercomputer in the world (Titan at Oak Ridge National Laboratory) as well as the largest private cloud environment. Our 27 patents further emphasize our uniqueness.

2. What is most interesting about your company's internal culture?
We question ourselves frequently and are always seeking ways to improve. Unlike many organizations of our size, we adapt quickly to new directions and strategies. In our 10+ year history, we’ve grown rapidly, necessitating a culture that can adapt to new challenges as they arise.

3. How long have you been in business, and why did you establish your business in Utah?
Adaptive Computing was founded in 2001. Our founders, David and Michael Jackson, attended BYU and felt that Utah has the necessary technology talent, excellent work environment, and high quality of life.

4. How is your company affecting change?
According to a 2012 study by the Uptime Institute, average enterprise server utilization is less than 8%. Here at Adaptive, we think that's terrible. We can increase server utilization by 2x or more, saving customers millions of dollars per year. We feel that it is our mission to turn this tide of waste, saving money, power, and time.

5. What are the aspects of UTC that are most valuable to you?
UTC is the premier place to connect up with like-minded technologists looking for best of breed tools and processes in Utah. The UTC meetups accommodate validating various methodologies while the expert speakers keep us informed of industry trends. The avenues that UTC provides into the Utah legislature are paramount to understanding how new laws affect the workplace.

Learn more about Adaptive Computing at http://www.utahtech.org/Adaptive-Computing.

Under the Lens: UK2 Group

Wed, 20 Feb 2013 05:00:00 GMT

1. What is your company doing that is absolutely unique?
We are unique in that we are a true full service web hosting company offering everything from basic shared hosting, hosting in the cloud, dedicated server hosting, and enterprise level managed services. No matter what the need, we can take care of almost every customer request.

2. What is most interesting about your company's internal culture?
Being a tech company, here are a few fun facts that illustrate our culture; beverage of choice is Mountain Dew, 70% of our employees consider themselves night owls, Firefox is the web browser of choice, and 78% of our employees own at least 1 domain. We work hard and play hard.

3. How long have you been in business, and why did you establish your business in Utah?
We have been in business since 1998. UK2 Group acquired WestHost, a Utah based company, and then relocated all US operations to our location. UK2 is very pleased with the quality of technical talent they are able to find in Utah, which is why they decided to grow the business here!

4. How is your company affecting change?
As our company works to provide a higher level of service to our global client base, we have been installing cloud servers in multiple locations around the world. We aim to deliver the best speed and performance for our entire customer base.

5. What are the aspects of UTC that are most valuable to you?
As a Utah based company, we hope to serve our local technology market with whatever hosting services are required. With that in mind, we hope to network with other UTC members who might need our services. We are leaders in the industry, and are proud of the work our Utah employees have accomplished over the years! We hope to share our services with friends and neighbors in our local communities.

Learn more about UK2 Group at http://www.utahtech.org/uk2-group.

TechLaw Ventures to Host Lunch Seminar

Tue, 19 Feb 2013 05:00:00 GMT

THE LEGAL ECOSYSTEM FOR OPEN SOURCE: INDIVIDUALS, IDEAS, AND INSTITUTIONS

This seminar to be held February 28, 2013 from 12:00 pm to 1:30 pm features insights on individuals whose innovative ideas and related organizations affect legal issues arising out of the development and use of open source software.

Speaker: Greg Jones, TechLaw Ventures. Mr. Jones counsels clients on open source and other technology law matters. In his former role as Vice President of Technology Law at Novell, Inc. he chaired the company's Open Source Review Board, was a member of Novell's litigation team in SCO v. Novell, participated in the creation of version 3 of the GNU General Public License (GPL), and led Novell's negotiation teams that helped establish the Open Inventions Network and the Novell's Patent Cooperation Agreement with Microsoft. Mr. Jones has taught technology licensing as adjunct faculty at BYU’s J. Reuben Clark School of Law.

Where:
Technology Law Center
3290 W. Mayflower Way
Lehi, Utah 84043

RSVP:

Please register and pay by February 27, 2013 via this EventBrite invitation http://techlawventures.eventbrite.com

Questions? Contact TechLaw Ventures at Seminars@Techlawventures.com or 801.805.3684

About TechLaw Ventures:

TechLaw Ventures, PLLC is a law firm formed to represent high tech companies in their domestic and international needs, and to represent companies and organizations in all industries on technology and intellectual property matters. Located in its own Technology Law Center building near Thanksgiving Point in Lehi, the firm is convenient to clients in Salt Lake and Utah Counties, but it also serves out-of-state clients as far away as Boston, Houston, and Miami. Internationally, the firm has clients in Japan, South Africa and other countries. The firm is comprised of senior attorneys with substantial expertise and experience in advising clients on the protection and commercialization of all forms of intellectual property, technology, products and services in domestic and international markets, and in preparing its clients to withstand due diligence by sophisticated investors, partners and purchasers. The firm routinely advises clients in significant software, Internet, advertising, healthcare, chemical and other technology deals and disputes.

EmailAddress: seminars@techlawventures.com Related Website: http://techlawventures.eventbrite.com

SLC Law Firms Team Up to Support Utah Food Bank

Thu, 14 Feb 2013 05:00:00 GMT

FOR IMMEDIATE RELEASE

Media Contact:
Mara Gomberg
The Summit Group
801.983.8460
mgomberg@summitslc.com

SLC law firms team up to support Utah Food Bank Five local firms donate more than $20,000 and nearly 500 pounds of food for those in need SALT LAKE CITY – Feb. 14, 2013 – For the third year in a row, Salt Lake City law firms have joined together in support of Utah Food Bank. This year, five firms jointly collected more than $20,000 in cash and nearly 500 pounds for the organization. Participating firms included Dorsey & Whitney, Durham Jones & Pinegar, Fabian Attorneys at Law, Jones Waldo and Parr Brown.

The cash donation is significant because Utah Food Bank can turn every $1 donation into $8 worth of food and services due to the support of volunteers and in-kind donors. According to Utah Food Bank, from every $1 donation, 95 cents goes directly to food and services while only 5 cent goes to administration and overhead. Utah Food Bank collects and distributes food to a network of human services organizations throughout the state.

Karen Sendelback, Utah Food Bank’s Chief Executive Officer said, “We are so grateful for the contributions these firms make each year. Together, we can achieve our mission of fighting hunger statewide.”

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About Jones Waldo

Since 1875, Jones Waldo has provided legal services to the businesses and community organizations that support and grow the state’s economy. Built on a strong foundation of service and knowledge of Utah’s core industries, the firm continues to evolve through meeting new challenges, finding innovative solutions and advancing legal trends in the state. With departments in business, real estate and litigation, attorneys at Jones Waldo have expertise to solve complex client needs in nearly every area of business. Jones Waldo has offices in Salt Lake City, Park City, St. George, Provo and the Chicago metro area. Information can be found at www.joneswaldo.com.

Best of State Nominations Accepted Through March 15, 2013

Wed, 13 Feb 2013 05:00:00 GMT

The Utah Best of State® Awards Program is accepting nominations for 2013 now through the March 15, 2013 deadline. You can nominate yourself or your business for the 2013 Best of State Awards online at www.bestofstate.org. Be recognized for your outstanding achievements, accomplishments and the good that you are doing in the community and the State of Utah. The Best of State Awards will be presented at the annual black-tie-formal Best of State Awards Gala. Visit www.bestofstate.org for more information.

Utah Technology Council to Host Small Business Summit with New York Times’ Loren Feldman and Jay Goltz

Tue, 12 Feb 2013 05:00:00 GMT

-New York Times “You’re The Boss” Editor and Lead Columnist to Present to Utah Small Businesses on March 6-

Salt Lake City, February 12, 2013—Utah Technology Council (UTC, www.utahtech.org), Utah’s premier technology association, in conjunction with Grow America (www.growam.com), is bringing an editor and a writer from the New York Times to meet with Utah’s small businesses on March 6, 2013. Loren Feldman, small business editor of the New York Times, and Jay Goltz, a long-time small business owner who writes the Thinking Entrepreneur column for New York Times’ You’re The Boss blog, will present to Utah’s small business owners on Wednesday, March 6, 3-5:00 p.m. at the Salt Lake Community College, Miller Campus, 9750 S. 300 W. in Sandy. Pre-registration will be required for attendance.

New York Time’s You’re the Boss offers an insider’s perspective on small-business ownership, giving business owners a place where they can compare notes, ask questions, get advice, and learn from each other’s mistakes.

At the event, Feldman and Goltz will discuss what they are doing at the New York Times for small businesses and will give examples of the kinds of topics and stories they cover. Lead columnist Goltz will then talk about his 30 years of trial-and-error experience as a business owner and will share the lessons he’s learned.

Event registrants will be invited to submit descriptions of their businesses to the presenters in advance together with a key issue they would like to discuss with Jay Goltz. Feldman and Goltz will retain all descriptions as potential ideas for their future article files. They will select three business owners to call forward during the event for a live dialogue about their business experience. Following these vignettes, Feldman and Goltz will also field questions from the attending audience.

“We are especially enthused to join with Alan Hall and Grow America in welcoming these two renowned editors from New York Times to visit with Utah’s business executives,” said Richard R. Nelson, UTC President and CEO. “These are the premier value-add experiences we are proud to bring to our members and community, and we look forward to the time Loren and Jay will be spending with us.”

“Grow America has been extremely happy to break the news of our organization and our national programs with the help of Loren Feldman and the New York Times,” said Hall. “These are editors with tremendous reach and influence in the small business communities that are the lifeblood of our nation. We are proud to bring them to Utah to continue their vital dialogue with as many small and growing businesses as possible from the community here.”

UTC members can attend the event for only $10 and non-members for $30. To register for the event, go to http://www.utahtech.org/small_business_summit. Once registered, UTC will send instructions for where and how to submit your company descriptions and issues for Feldman and Goltz.

Loren Feldman is the small business editor of The New York Times. Before joining The Times, Mr. Feldman was editor of Inc.com and deputy editor of Inc. magazine. He has also been editor of FastCompany.com, editor of Philadelphia Magazine, and executive editor of George magazine. In addition, he has been a top editor at Money, The American Lawyer, and Manhattan,inc. His writing has also appeared in GQ and The New York Times Magazine. He received a bachelor of science in economics from the University of Pennsylvania’s Wharton School.

Jay Goltz, who writes Thinking Entrepreneur, started his custom frame shop, Artists’ Frame Service, right out of college. That business has grown from $70,000 in revenue in 1978 to become the largest picture-framing store in the country, with more than 20 times the revenue of the average framing shop. Mr. Goltz, whose companies employ more than 100 people and produce more than $13 million in revenue, also started and runs Chicago Art Source and Jayson Home & Garden. He has been featured in an Inc. magazine cover story, is the author of “The Street-Smart Entrepreneur” (Addicus Books, 1997), and has written a monthly column for Fortune Small Business. He also serves as a mentor with the William J. Clinton Foundation’s Urban Enterprise Initiative.

About the Utah Technology Council

Utah’s premier professional association, the Utah Technology Council has grown 13 percent a year for the past ten years becoming the essential business resource for high tech and clean tech companies seeking to achieve greater success. At its core, UTC exists to foster the GROWTH of the state’s 5,500-plus technology companies, ensure Utah develops the highest QUALITY WORKFORCE in the nation and attract an ever-increasing array of FUNDING. Members join UTC to share insights with industry peers, counsel with government and academic leaders, and receive help from professional service providers and funding resources. For information on the UTC or becoming a UTC member, please contact our Member Services Director Devin Spann at dspann@utahtech.org or call 801-568-3500.

About Grow America

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UTC PR Contact:
Judy Young, Executive Director
T) 801-568-3500
jyoung@utahtechcouncil.org

PR Agency Contact:
Cheryl Snapp Conner
Managing Partner, Snapp Conner PR
P-801 994-9625
C-801 376-2158
cheryl@snappconner.com

Jones Waldo adds two attorneys to Healthcare Law Practice Group

Mon, 11 Feb 2013 05:00:00 GMT

SALT LAKE CITY – Feb. 11, 2013 – Jones Waldo, one of Utah’s most enduring and prestigious law firms, welcomes Jess Griffiths and Allison Griffiths to the firm’s Park City office. Both will be joining the firm’s Healthcare Law Practice Group, Jess Griffiths as the leader of the group.

Jess Griffiths was born in New York and graduated from Southern Methodist University’s Dedman School of Law. He has more than 20 years of experience and represents healthcare, technology and other clients with complex and strategic issues including start-ups, strategic partnering and negotiations, compliance, brand and rights protections and business-threatening litigation. Jess Griffiths owned a boutique healthcare and intellectual property law firm in Hawaii for fifteen years prior to relocating to Park City.

Allison Griffiths, a graduate of Illinois Institute of Technology, Chicago-Kent College of Law, brings a decade of experience advising clients on a variety of regulatory healthcare matters, including Affordable Care Act, PPACA, HIPAA, ERISA and COBRA compliance as well as state health law compliance. She also assists clients in asserting and resolving medical liens, and with drafting healthcare contracts, benefit guides and summaries, notices and agreements.

“We are pleased Jess and Allison have brought their niche healthcare expertise our firm,” said Keven M. Rowe, president of Jones Waldo. “With the recent changes in compliance for the healthcare industry, their experience and skills are highly sought-after.”

For example, their expertise in counseling doctors, hospital management and healthcare-related subcontractors and businesses on how to navigate the litany of healthcare laws, regulations and compliance is invaluable in this landscape of evolving healthcare practices in the U.S. For more information on the Healthcare Law Practice Group, please visit the website.

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About Jones Waldo

Since 1875, Jones Waldo has provided legal services to the businesses and community organizations that support and grow the state’s economy. Built on a strong foundation of service and knowledge of Utah’s core industries, the firm continues to evolve through meeting new challenges, finding innovative solutions and advancing legal trends in the state. With departments in business, real estate and litigation, attorneys at Jones Waldo have expertise to solve complex client needs in nearly every area of business. Jones Waldo has offices in Salt Lake City, Park City, St. George, Provo and the Chicago metro area. Information can be found at www.joneswaldo.com.

BizVision Announces Availability of National Videographer Network for Remote Webcasting

Tue, 05 Feb 2013 05:00:00 GMT

Videographer Network is Now Available to Anyone, Not Just Select BizVision Platform Clients
Proven, Comprehensive Solution Offers Remote, On-Demand Video Webcasting with Full Functionality for Organizations of All Sizes and in All U.S. States

SALT LAKE CITY (February 5, 2013) – BizVision, a leading provider of video-powered online training and professional education, today announced the public availability of its nationwide network of professional videographers. These videographers are trained to provide webcasting and video streaming services for organizations of all sizes across the country on the company’s turnkey, cloud-based video solution.

BizVision provides professional associations, educational institutions and companies of every size with instant infrastructure to stream or record conferences, events and training sessions anywhere. Last year alone, BizVision managed more than 10,000 hours of video webcast events. To meet the needs of clients for cost-effective, professional video production anywhere in the country, BizVision can tap into the expertise of thousands of video professionals and webcasting technicians in all 50 states.

With online video established as a preferred medium for distance education and training, BizVision’s services and solutions have been optimized for companies and professional organizations that need to enlist only periodic help from video and webcast teams for mandated trainings and professional development, as well as other presentations.

“By being able to provide local production resources in all 50 states, our videographer network helps our clients overcome what has traditionally been a major hurdle in remote video webcasting and recording,” said Rob Chipman, founder, president and CEO of BizVision. “Our internal video production expertise has enabled us to fully grasp the intricacies of webcasting and multiply the effectiveness and revenue of our clients. As video has fast become a valuable medium for communication and online learning, we have streamlined the cost and process of capturing live learning events to provide organizations with a single solution.”

Thoroughly tested in large-scale deployments for professional education and enterprise applications, the BizVision platform offers complementary functionality beyond live and on-demand webcasting, including registration with e-commerce, Q & A and live chat, closed captioning, tests and certifications, advanced participation reports and synchronized slides. BizVision’s comprehensive technical platform has no startup costs, no minimum usage requirements and no exclusive commitments.

For more information, visit www.bizvision.com.

About BizVision

BizVision, a leading provider of video-powered online training and professional education, helps professional associations, educational institutions, small businesses and large enterprises to leverage the power of video in their online learning and communications. Through its unique, turnkey combination of a technical online video platform and an array of essential services, BizVision enables organizations of any size to broadcast live events and on-demand recordings. Based in Salt Lake City, BizVision was founded in 2008 by Rob Chipman and is currently backed by Crocker Ventures. For more information, visit www.bizvision.com.

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SEC Approves NYSE MKT Listing Standards for Compensation Committees and Compensation Advisers

Tue, 05 Feb 2013 05:00:00 GMT

The Securities and Exchange Commission has approved changes to the rules of the NYSE MKT regarding compensation committees for listed companies. The revised rules implement Rule 10C-1 which was adopted last June pursuant to the requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Rule 10C-1 required the exchanges to adopt new standards for independent compensation committees and mandated that compensation committees be given new authority and responsibility for the engagement of compensation advisers.

Read the full article here.

UTC Legislative Capitol Meet & Greet

Tue, 05 Feb 2013 05:00:00 GMT

This year's meet & greet at the State Capitol Rotunda was a great success with thirteen UTC member companies Ancestry.com, CAO Group Xi3, BioFire Diagnostics, Secure Ideas, VPI Engineering, Imagine Learning, The V.I.E.W., GOED, Inthiinc, BidSync, Instructure and Pearsons showcasing their newest technologies and products. We would like to thank the over 85 attendees and over 30 legislators that attended.

Event Items:

Photo Gallery

Big Data Journey

Fri, 01 Feb 2013 05:00:00 GMT

In an increasingly data driven world, IT professionals need to scale to meet business needs and demands faster than ever before. This challenge offers an opportunity to consistently review industry trends, reevaluate best practices, and reflect on what tools and strategies are the most effective. Deal Daly (bio), senior director of web operations at Ancestry.com, the world’s largest online family history resource discussed:

2013 Big Data trends— reducing storage costs and data center footprints, utilizing the cloud, scaling for mobile and machine learning, infrastructure virtualization, and data security
Big Data best practices—IT team transformation (hybrid IT), technologies and tools, strategy and investments, DR
Successes and failures— share key learnings

Audio | Video | Photos available to members only

Durham Jones & Pinegar Elects New Board Members

Fri, 01 Feb 2013 05:00:00 GMT

Salt Lake City — The law firm Durham Jones & Pinegar (D|J|P) announced the election of its Board of Directors. Newly elected members are Steven J. McCardell, Brick G. Power and David P. “Dade” Rose.

McCardell, a shareholder in the Salt Lake City office, was recently head of the firm’s bankruptcy section. He is also chair of the firm’s ethics committee. His practice focuses on business workouts, Chapter 11 reorganization, and lender liability defense. He joined the firm in 2006 after practicing with a national firm for 22 years.

Power, a shareholder in the Salt Lake City office’s intellectual property section, joined the Firm in 2010. He represents clients in the areas of patent prosecution, the delivery of legal opinions regarding intellectual property rights, and the crafting of agreements to transfer intellectual property rights. A member of the patent bar, Power is also admitted to practice in Utah and California.

Rose, a shareholder in the Salt Lake City office, has served twice as the chair of the Firm’s real estate section. His practice focuses on real estate, land use and sophisticated financing transactions. A Harvard Law graduate, Rose has been with D|J|P for 13 years.

Those continuing to serve on the D|J|P Board are the firm’s three founding shareholders Paul M. Durham (real estate & banking), Jeffrey M. Jones (business & finance) and Managing Partner Kevin R. Pinegar (business & finance); and Shareholders Joshua E. Little (business & finance, and current managing partner of the firm’s St. George office); David W. Tufts (business litigation); and Philip C. Van Alstyne (litigation, and current managing partner of the firm’s Las Vegas office).

About Durham Jones & Pinegar: Durham Jones & Pinegar is a leading law firm with offices in Utah and Nevada, offering a full spectrum of services in more than 20 specialized fields. These include Business & Finance, Commercial Litigation, Intellectual Property, Government Relations, Estate Planning, Real Estate, Bankruptcy, Employment, Tax Law, Family Law and more. For information, visit www.djplaw.com.

Employment Law Update

Thu, 31 Jan 2013 05:00:00 GMT

At the HR Exec P2P Forum on January 31, 2013, Mike O'Brien of Jones Waldo discussed how the 2013 employment law updates will impact your company now and going forward.

For the third consecutive year, Human Resource Executive magazine and online legal news and rankings site, Lawdragon, have named Michael Patrick O’Brien of Jones Waldo one of the nation’s 100 most powerful employment attorneys. And for the third year in a row, O’Brien was the only Utah attorney named to the list.

PowerPoint | Photos available to members only

Grow America Announces Fishbowl, Together with Intuit, As The Presenting Sponsors for First 2013 Innovative Product Competition

Mon, 28 Jan 2013 05:00:00 GMT

-Fishbowl, Joined By Intuit, Kicks Off First 2013 Competition in Grow America’s

Expanded National Program-

Salt Lake City—January 28, 2013—Grow America? (www.GrowAm.com) has today announced that Fishbowl, provider of Fishbowl Inventory™, the number one most requested inventory software for users of QuickBooks, in partnership with Intuit, the Fortune 100 provider of financial software and services for small companies, are joining together as the Presenting Sponsors for Grow America’s Innovative Product Competition, which begins today and culminates in $35,000 in prizes for three winning entrepreneurial companies on February 26.

Grow America was founded in 2012 by entrepreneur, investor, philanthropist and popular columnist and author Alan E. Hall, as an organization that funds great companies, helps accelerate their growth, and stimulates the economy by helping entrepreneurs. As an expansion of the progress started in its 2012 programs, Grow America has expanded its competitions to an online platform that will support entrepreneurs throughout the entire United States for 2013. Ultimately, Grow America intends to offer its programs to entrepreneurs throughout the world.

The 30-day Innovative Product Competition Grow America is launching today will award $35,000 to three winning companies ($20,000 for first place, $10,000 for second and $5,000 for third). The competition uses CrowdLift?, a new platform that lets entrepreneurs use their community, the social community and entrepreneurial networks to provide votes and to help the best innovations rise to the top.

“Our entire focus through our Fishbowl Inventory family of products is on providing small to medium companies with all of the resources they need to succeed,” said David K. Williams, CEO of Fishbowl and popular Forbes and HBR columnist and author. “We are proud to be Grow America’s first Presenting Sponsor, and to join our tremendous partner Intuit to support Alan Hall in advancing this new program in 2013.”

Entrepreneurs can come to the Grow America site to compete, to leverage socially-curated information, to vote for great product ideas, and to access the entrepreneurial hub that provides an exciting set of downloadable resources for business owners and individuals who are in the process of becoming entrepreneurs.

Grow America has also acknowledged the role of Startup America, who helped to kick off the January competition by inviting Grow America to preview the program from its CES stage.

Entrants in the program gain points through community votes with “likes” and “shares.” Grow America’s new social platform also helps participants track the progress of their favorite entrepreneurs and organizations. To participate in the program or to review and vote on current entrants, visit www.growam.com/competition.

About Fishbowl

Fishbowl and its cornerstone product, Fishbowl Inventory, make it possible for every business to have the level of flexible and mobile inventory management solutions large organizations enjoy. It is especially popular among manufacturers and wholesale distributors. Fishbowl offers advanced features that include multiple location tracking, seamless QuickBooks integration, order management and pick/pack/ship functionality.

About Grow America

Grow America is a company with a mission to help entrepreneurs be successful, help them build their companies and grow local economies. As an organization, we align partners, mentors and capital that the entrepreneurs need to create, launch and grow successful companies. (For more information, visit www.GrowAm.com.)

###

PR Contacts:
Cheryl Conner, Snapp Conner PR
801 994-9625
cheryl@snappconner.com

Grow America Premieres U.S. Entrepreneurship Program; Launches $35,000 Innovative Product Competition, Using New CrowdLift? for Voting and Social Exposure

Mon, 28 Jan 2013 05:00:00 GMT

-Startups Receive Money to Accelerate Product Plans and Strategies, Access to Socially Curated and Timely Content and Access to Entrepreneurial Experts Through Expanded National Program-

Salt Lake City—January 28, 2013—Grow America? (www.GrowAm.com), an organization that is working to stimulate the economy by uplifting and supporting entrepreneurs, is premiering its national program with the launch of a $35,000 Innovative Product Competition as the first step in its expansion strategy for 2013.

Today Grow America invites entrepreneurs to celebrate and participate in the launch of its national platform with its first online competition, beginning today, Jan. 28. In 30 days, on Feb. 26, the Innovative Product Competition will award $35,000 to three winning companies ($20,000 for first place, $10,000 for second and $5,000 for third). The competition is hosted on CrowdLift?, a new online platform that lets entrepreneurs use their community, the social community and entrepreneurial networks to provide votes and to help the best innovations rise to the top.

Entrepreneurs can come to the Grow America site to compete, to leverage socially-curated information, to vote for great product ideas, and to access the entrepreneurial hub that includes Grow America’s new downloadable resource: Entrepreneur’s Guide to Breakaway Growth.

The free guide includes the following content to help current and prospective entrepreneurs start and grow their ventures:

The Essential Characteristics of an Insanely Successful Entrepreneur
The Insider's Guide to Building a Billion-Dollar Business Plan
Funding 101 for Passionate Entrepreneurs
The 7 C's of Effective Hiring
How to Surprise and Delight Your Customers
What a Serious Investor Will Ask You About Your Business

Alan E. Hall, founder of Grow America, is a consummate entrepreneur, investor, philanthropist and author. He launched the organization in early 2012 after observing a hardworking neighbor fall asleep at a meeting. Hall later learned the man had been laid off, and was working at three low paying jobs simultaneously to support his family.

Hall asked a company in his angel investment portfolio to hire the man for a suitable position and covered the cost of his initial salary. However, the experience made him wonder how many other Americans, like his neighbor, are unemployed, underemployed, or are working in environments of undue stress in faltering corporations.

Hall founded Grow America with the singular mission of helping thousands of businesses to grow and by doing so to create hundreds of thousands of jobs. Following a successful pilot in Utah, Grow America is now opening its doors to the entire U.S. to support ventures at three stages: idea phase, startup, or ready to grow.

“Entrepreneurs are perhaps the most critical element of our national and global economy,” said Hall. “Job creation depends on an ecosystem that can help fund, launch and support our growing and new companies. We want to do all within our power to provide entrepreneurs with access to the funding and resources they need.”

“Six million companies begin every year, and they need tools, technology and mentoring resources to succeed,” said Mark Hurst, Grow America CEO. “We consider this program and platform to be an essential endeavor and are very excited to use these new resources to serve entrepreneurs in America, and ultimately throughout the world.”

To view a video of Alan Hall’s Grow America story and to download the resource kit, visit www.growam.com. To view entrant companies or to submit an entry, go to www.growam.com/competition.

About Grow America

###

PR Contacts:
Cheryl Conner, Snapp Conner PR
801 994-9625
cheryl@snappconner.com

Neutron Interactive Welcomes Vice President of Education Services

Mon, 28 Jan 2013 05:00:00 GMT

For Immediate Release

January 28, 2013, Salt Lake City, UT – Neutron Interactive is proud to announce and welcome Carey Hilderbrand as the Vice President of Education Services. Hilderbrand will be responsible for client team leadership, revenue growth, higher education marketing and lead generation strategies and general management responsibilities.

Felicia Romney, Director of Client Services, said, “We have followed and respected Carey’s work in the industry and are thrilled to have her as part of our growing Neutron team. Carey brings a new perspective to Neutron with her extensive background and school experience.”

Hilderbrand joins the Neutron team from Ultimate Medical Academy (UMA) located in Tampa, Florida where she served as Vice President of Marketing. UMA is a leading educational healthcare company that specializes in allied healthcare and continuing medical education training. During her successful tenure at UMA, Hilderbrand was responsible for building an internal marketing team to support multiple brands and campuses. During this time, UMA successfully optimized media placements and tested new strategies to drive significant enrollment growth. In addition, Hilderbrand guided the development of successful student retention initiatives to support student persistence and graduation.

She comes to Neutron Interactive with 15 years of combined marketing and management experience with a specialization in the post-secondary education industry. She is accomplished at developing lead generation strategies by utilizing all traditional and Internet channels, as well as launching new products into the market. Hilderbrand has profitably managed multimillion-dollar budgets and cultivated performance–driven, cohesive teams consistent in attaining goals and objectives. Carey also holds a MBA from The University of Utah.

CEO, Dan Caffee, said, “We’re so excited to have Carey on our team in such a key position. With her experience and expertise she is the perfect person to lead Neutron’s Education Services group.”

Neutron Interactive is a lead generation company based in Salt Lake City, Utah. The company provides innovative technology to a wide-range of industries, including recruiting, insurance, interactive media, and education. Neutron’s success has earned the company recognition on the Inc. 500 in 2010 and 2011, as well as the Utah Business Magazine’s Best Companies to Work For in 2010 and 2012. For information, news and events visit www.neutroninteractive.com

Contact Valleen Nye, (801) 327-9090 Val@neutroninteractive.com

LogMyCalls Wins $100K, Grand Prize in Amazon Web Services (AWS) Global Start-Up Challenge

Fri, 25 Jan 2013 05:00:00 GMT

FOR IMMEDIATE RELEASE

2500 companies from 85 countries applied, LogMyCalls selected as Grand Prize Winner

St. George, UT– January 25, 2013 – LogMyCalls, a service of ContactPoint, was selected as Grand Prize winner of the 2012 Amazon Web Services (AWS) Global Start-Up Challenge. LogMyCalls was selected because of its next generation call tracking functionality and conversation analytics. AWS judging panels—consisting of industry experts, Amazon executives, and VCs—reviewed 2500 applicants from 85 countries.

The Grand Prize announcement was made on January 24th at the AWS Global Start-Up Challenge Finale Celebration in San Francisco. LogMyCalls will receive over $100,000 in cash and services.

The field began with 2500 applicants. It was winnowed to 24 semi-finalists and eventually 12 finalists. Each applicant was carefully screened by investors, judges, and industry experts. All applicants submitted detailed product information, financial information, marketing strategy, sales plans, and other company information. The competition culminated in three days of exhaustive discussions, pitches and meetings in San Francisco. It was only after this comprehensive process that LogMyCalls was chosen as Grand Prize Winner.

To read the press release from Amazon click here.

LogMyCalls is a SaaS that uses complex speech recognition technology and proprietary algorithms to track marketing ROI, gather call analytics data, and automate marketing and CRM actions.

"We are elated to be a Grand Prize Winner. This award punctuates how the market values what LogMyCalls delivers--cloud-based analytics of phone conversations so businesses can optimize their marketing, automate marketing, and make more money call," Jason Wells, CEO of ContactPoint, maker of LogMyCalls said. "Our platform and our capabilities are built on AWS and they are central to our expansion strategy as we grow and require seamless scalability. It's an honor to be selected out of 2500 companies from 83 countries and we’re excited to work with AWS for the long-term.”

About ContactPoint, makers of LogMyCalls

LogMyCalls is the next generation of intelligent call tracking and mobile marketing automation. This award-winning application allows businesses to gather conversation analytics and track phone calls generated via SEM, SEO, PPC and other online traffic channels. It allows marketers to score leads, map close rates and even automate marketing. LogMyCalls marries big data and phone calls. It is a service of ContactPoint. For more information visit LogMyCalls.com or call 866-811-8880.

SEC Approves Exchange Listing Standards for Compensation Committees and Compensation Advisers

Fri, 25 Jan 2013 05:00:00 GMT

The Securities and Exchange Commission has approved changes to the rules of the New York Stock Exchange (NYSE) and the NASDAQ Stock Market (NASDAQ) regarding compensation committees for listed companies. The revised rules implement Rule 10C-1 which required the exchanges to adopt new standards for independent compensations committees and mandated that compensation committees be given new authority and responsibility for the engagement of compensation advisers.

Read the full article here.

Notice of Exchanges - Employer Requirement Delayed

Fri, 25 Jan 2013 05:00:00 GMT

One of the many elements of the federal health care reform act (known by its acronym "PPACA") is the requirement that employers provide employees with a written notice describing the existence of the Exchanges, along with other information about the employee's health coverage. This requirement was set to be implemented March 1, 2013 but the federal agencies just yesterday issued a reprieve - the notice requirement is suspended until regulations are issued.

The reprieve came in the form of Frequently Asked Questions (FAQs), which have been a popular way for the agencies to distribute guidance about PPACA. Today's FAQs are the eleventh set the agencies have issued.

Allegiance names new CFO

Thu, 24 Jan 2013 05:00:00 GMT

A Salt Lake City-based technology firm has appointed a new executive.

Allegiance, a provider of Voice of Customer Intelligence technology and services, has announced that Dana Russell has been appointed chief financial officer. Russell will be responsible for all operational functions at Allegiance, including human resources, facilities, sales operations, finance and accounting.

Russell was formerly the senior vice president and chief financial officer at Novell. He helped lead the definitive merger agreement between Novell and Attachmate valued at $2.2 billion and a business and patent cooperation agreement with Microsoft valued at more than $450 million.

original source

Allen Communicaton Wins 21 Awards in 2012 for Innovation in Training and Development

Thu, 24 Jan 2013 05:00:00 GMT

International Award Organizations Recognize Innovations and Expertise in Corporate Learning Designed and Produced by Allen Communication Learning Services.

Salt Lake City, UT (January 24, 2013)- Allen Communications, industry leader in corporate training and top training company, is pleased to be recognized with 21 Awards in 2012 from organizations including Brandon Hall, Bersin & Associates, The Telly Awards, Summit Awards, Omni Awards and more. The awards recognize Allen’s expertise in creating unparalleled training programs that engage learners and meet critical business goals.

While the quantity of awards exceeds previous years, Allen is largely proud that many of the awards acknowledge accomplishments in Allen’s mobile learning expertise and remarkable motion graphics design. 7 of the earned 21 awards for 2012 were recognized for efforts in mobile learning. This was also the first year that Allen earned a Telly award (partnering with RMA) and a Summit Marketing Effectiveness Award (partnering with Amway).

“For over 30 years our goal at Allen has been to continuously evolve our approach to training in order to meet the ever-changing needs of learners. In 2012, we increased our efforts in becoming one of the first training companies to successfully implement mobile learning. We also developed an in-house motion graphics design team.” said Ron Zamir, CEO of Allen. “We’re proud this approach was recognized by multiple international award committees. As a leader in the corporate training industry, we strive to break down the barriers of traditional training and embrace new modalities that focus on exactly what the learners need to know to improve their performance.”

About Allen Communication Learning Services

For over 30 years, Allen (www.allencomm.com) has developed award-winning training solutions for the world’s best companies. Designed for real impact on learner performance through sound instructional design, Allen’s proven Assure Methodology™ optimizes program results and maximizes return on your training dollar. Leveraging cutting edge technology to provide web-based training, blended training and mobile learning, as well as advanced LMS technology, Allen helps companies engage their learners like never before. Follow Allen on Twitter @Allencomm, on LinkedIn, and on Facebook.

Improving the Closing and Forecast Ability of Sales in a New Economy

Wed, 23 Jan 2013 05:00:00 GMT

Traditional sales stages and forecasting models are rarely accurate. More often as managers we judge the person forecasting more than the pipeline itself: “She’s holding back, he’s over committing, they’re pushing it all to the end, I guess I’ll put it about there and send that up the chain.” There has to be a more accurate way not to just forecast but to use the forecasted information to close more often and quicker. Chris Bijou (bio), CEO of iDealResponse, shared his insights.

Please join the online discussion in our new UTC Online Community via the UTC Sales Exec P2P Forum.

Audio | PowerPoiint | Photos available to members only

Utah Fund of Funds Portfolio Partner Makes Growth Investment in Utah-Based Digicert, Inc.

Wed, 23 Jan 2013 05:00:00 GMT

Boston-based and global growth investor TA Associates has made a significant growth equity investment in Lindon, Utah-based DigiCert, Inc. DigiCert currently employs 80 Utah workers in high-tech jobs. "We have always viewed Utah as an attractive place to invest and our investment in DigiCert is the result of proactively seeking investments in the state," said Jason P. Werlin, Principal at TA Associates and member of the DigiCert Board of Directors. "We believe Utah offers a great opportunity to build a successful technology business. We are happy to have the support of TA Associates in striving to build an even stronger locally based and globally reaching company," said Nicholas Hales, CEO of DigiCert, Inc.

Werlin added, "We have had conversations with the Utah Fund of Funds about opportunities to invest in Utah and find Utah to be a growing and dynamic location for technology investments." In 2010, the Utah Fund of Funds made a $7.5 million commitment to private equity fund TA XI.

The TA Associates investment in DigiCert marks the 61st Utah-based company that has received investment from Utah Fund of Funds' partners. Prior to TA's investment, 16 UFOF portfolio funds have invested in 60 Utah companies, which companies have created over 2,000 new jobs in the state of Utah.

HIPAA Regulations Released

Wed, 23 Jan 2013 05:00:00 GMT

Recent changes to the HIPAA privacy and security rules have taken a backseat to health care reform. However, on January 17, 2013, the Department of Health and Human Services issued long-anticipated final omnibus regulations that will require changes to HIPAA-related policies and procedures. Covered entities - including health plans - can no longer afford to ignore these rules.

These regulations update HIPAA's privacy, security, enforcement and breach notification requirements for changes enacted by the Health Information Technology for Economic and Clinical Health (HITECH) Act and the Genetic Information Nondiscrimination Act (GINA). Covered entities must update their HIPAA documentation and workforce training and be prepared to comply with these new rules by September 23, 2013.

UTC’s New Website + Searchable Member Directory

Wed, 23 Jan 2013 05:00:00 GMT

Dear members, investors and friends:

You asked for more ways to leverage the “Value of the Network” and we listened!

Last year, UTC’s Executive Committee challenged us to take the Value of the Network and extend it virtually. How could we increase opportunities to connect across our industry and the community? We reached out to our Board members, as well as marketing and PR experts, for input on how to meet this goal.

The result? UTC has a new website at www.utahtech.org with more flexibility and capability built into it to keep up with our fast-changing industry. The design also provides more visibility for our investors and trustees.

I think you’ll be impressed with the clean, user-friendly layout and functionality of UTC’s new website.

Here’s a closer look at some of the features:

Searchable Member Directory. The enhanced member directory is a fantastic asset for UTC members. Accessible via the UTC website and the UTC mobile app, the listing makes it easy for anyone to find and contact UTC members, searching by name or industry niche. It’s a convenient way to connect with peers and to take advantage of member-to-member savings. If you have a discount you want to extend to members, post it here. You can also manage your own Member Database listing in the Member Center. Check out extra features you can add to your listing with an upgraded listing.
Job Board. The new website has several tools to help you recruit talent. You can add your job postings to the searchable job board, or even better, set up an automatic feed so that each time you add a new position, it populates the UTC job board. Action: Please share the link for our Why Utah page, including videos about the state, with your prospective out-of-state employees. If you’re looking for a job, check out our job board and videos from our top employers.
Community. More than a hub for resources, the new UTC website is an online community—it’s your space to learn about each other and connect. By logging into the UTC Online Community you can start your own forum or group (whether you want to bring like minds together on a technology subject, or just get a group of skiers or cyclists together).
Search Capability. With a new, highly responsive and targeted search capability, it will be easier than ever to find what you’re looking for on the UTC website—be it events, policy issues, news articles, capital, or your next business partner. Also, newly added is our “Value of the Network” survey. A collection of surveys that asks each member to tell us more about themselves and their company. You can take the survey and/or submit a search request from our “Value of the Network” page.
Event Content. Access members-only content from past events like the forums, breakfasts or lunches on the new website. It’s also easier to find and register for upcoming events.
UTC Mobile App. Our Smartphone app brings the UTC member directory to your fingertips. You can also view and register for events, as well as read industry news, or advertise to your peers via the UTC Mobile Web App.

To start accessing these member features, go to www.utahtech.org and sign in at the bottom of the page (you only need to do it once, click here to retrieve your login credentials). If you have questions, give us a call at 801-568-3500.

Hope you enjoyed our terrific open house on January 17, 2013 and were able to experience the dynamism going on in our state.

We would welcome hearing from you.

Richard R. Nelson
President and CEO

Adaptive Computing Sees Rapid Cloud Growth Due to Product Innovation, Secures 12 New Patents

Wed, 23 Jan 2013 05:00:00 GMT

Adaptive Computing Sees Rapid Cloud Growth Due to Product Innovation, Secures 12 New Patents

With Most Recent Policy-Based Optimization Patents, Adaptive Computing Boasts One of the Largest Private Cloud Patent Portfolios •Adaptive Computing Increased Cloud Software Sales by 244 Percent in 2012 •Forward-Thinking Patents in Several Key Areas Like Energy Consumption Management Have Priority Date Back as Early as 2005

PROVO, Utah (January 23, 2013) – Adaptive Computing, the largest provider of private cloud management and High-Performance Computing (HPC) workload management software, today announced it has been granted 12 new patents by the United States Patent and Trademark Office, raising its total number of patent grants to 27 – one of the largest private cloud patent portfolios in existence. As a result of this rapid cloud technology expansion, Adaptive Computing increased cloud software sales by 244 percent in 2012.

“The rate of innovation to acquire such a breadth and depth of patents is remarkable,” said Robert Clyde, CEO of Adaptive Computing. “The phenomenal cloud growth we’ve seen in 2012 can be attributed to being first-to-market in many core concepts, which enables us to provide a customized, differentiated private cloud solution with a higher level of efficiency and increased cost savings. Moab’s unmatched policy-based optimization allows businesses to move to the cloud cost effectively by reducing hardware and IT maintenance costs.”

The new patents, six of which are issued and six of which are allowed, encompass several policies that enable optimization of the cloud, including data management, energy consumption management, workload-aware power management, complete environment management, guarantees, reservations, and billing. With priority date back as early as 2005, the patents validate Adaptive Computing's pioneering work in intelligent workload management.

Adaptive Computing’s new patents from the United States Patent and Trademark Office include:

U.S. Patent No. 8,200,824 – Optimized multi-component co-allocation scheduling with advanced reservations for data transfers and distributed jobs.
U.S. Patent No. 8,245,059 – System and method for managing energy consumption in a compute environment (receiving information associated with at least one of energy consumption and a temperature of nodes each data center of a group of distributed data centers to yield received information).
U.S. Patent No. 8,271,980 – System and method of providing system jobs within a compute environment.
U.S. Patent No. 8,271,807 – System and method for managing energy consumption in a compute environment (reduce both direct and indirect power consumption while maintaining either full cluster performance or adequate SLA based cluster performance).
U.S. Patent No. 8,271,813 – System and method for managing energy consumption in a compute environment (receiving energy consumption information at a workload manager).
U.S. Patent No. 8,276,008 – System and method for managing energy consumption in a compute environment (receiving, at a workload manager, energy consumption information associated with at least one of a first data center and a second data center that is geographically distanced from the first data center)

New patents allowed (which do not yet have an assigned number) from the United States Patent and Trademark Office include:

Resource “shopping cart” – Enables the concept of a resource “shopping cart” allowing multi-resource reservation queries to be made after which a “transaction I.D.” would be returned.
Intelligent reservation of multiple resource types – Allows multiple resource types to be intelligently reserved even when they do not require resources for the duration of the reservation.
Resource access – Enables resource access not based on workload credentials, but rather based on requested or delivered service levels to that workload.
Co-allocation of reservations – Broadens the claims of Adaptive’s U.S. Patent No. 7,971,204 (a system and method co-allocating resources that span different compute resource types).
Review and improvement of resource allocation – Allows a system to make a resource allocation decision in space and time, then subsequently review and improve this decision as new workload and environmental information is received.
On-demand compute environment – Broadens the claims of Adaptive’s U.S. Patent No. 7,698,430 in areas of remote cloud usage or cloudbursting.

"The worldwide cloud systems management software market is now forecast to total $3.6 billion in 2016,” said Mary Johnston Turner, research vice president of Enterprise Systems Management Software for IDC. "As cloud applications and workloads become more mainstream and mission critical, customers will move beyond simple self service provisioning to prioritize policy-based management tools that can optimize resource utilization, power consumption, workload availability and end to end application performance."

Adaptive’s most recent private cloud patents, which were developed years before the technology took shape, uniquely position the company to meet these requirements as the market continues to grow.

“This ever-increasing patent portfolio is evidence of both our foresight and our efforts to push the private cloud space forward,” said David Jackson, Adaptive Computing’s CTO and founder, to whom the company’s patents are issued or allowed. “With these patents, we can deliver a more extensive set of business guarantees than any other solution.”

Adaptive Computing currently has more than 130 patent applications with both U.S. and foreign filings.

About Adaptive Computing

Adaptive Computing is the largest provider of High-Performance Computing (HPC) workload management software and manages the world’s largest cloud computing environment with Moab, a private cloud management solution and HPC workload management system. Moab®, a patented multi-dimensional intelligence engine, delivers policy-based optimization, allowing customers to consolidate and virtualize resources, allocate and manage applications, optimize service levels and reduce operational costs. Adaptive Computing offers a portfolio of Moab cloud management and Moab HPC workload management products and services that accelerate, automate, and self-optimize IT workloads, resources, and services in large, complex heterogeneous computing environments such as HPC, data centers and cloud. Our products act as a brain on top of existing and future diverse infrastructure and middleware to enable it to self-optimize and deliver higher ROI to the business with its:

Moab Cloud Suite for self-optimizing cloud management

Moab HPC Suite for self-optimizing HPC workload management

For more information, call (801) 717-3700 or visit www.adaptivecomputing.com.

NOTE TO EDITORS: If you would like additional information on Adaptive Computing and its products, please visit the Adaptive Computing Newsroom at http://www.adaptivecomputing.com/category/news/. All prices noted are in U.S. dollars and are valid only in the United States.

Contacts

Adaptive Computing
Jill King, 801-717-3720
jking@adaptivecomputing.com

Method Communications
Joshua Heath, 801-461-9794
joshua@methodcommunications.com
EmailAddress: joshua@methodcommunications.com
Related Website: www.adaptivecomputing.com

UTC PR Event: Companies Can Tell Their Stories More Effectively By Utilizing Social Media Platforms as Tactics to Increase Sales

Mon, 21 Jan 2013 05:00:00 GMT

-Utah social media and marketing experts share effective social media tactics; engaging companies’ “mavens”, maximizing company content via Google+ authorship and becoming part of the conversation using appropriate social media platforms are keys to success-

SALT LAKE CITY, January 21, 2013- Companies need to maximize their PR efforts by utilizing online influencers to promote their brand, promote their brand via authorship to optimize search engine results and promote their message using appropriate social media platforms in order to survive in the digital world.

Social media and online marketing experts David K. Brake, Ryan Hutchings and Kip Meacham shared this message with attendees at the Utah Technology Council’s (UTC) (http://www.utahtechcouncil.org/) PR Event. The annual UTC PR Event focuses on ways that marketing and communications executives can use different technology platforms to promote their products and services. It is generally one of the best-attended UTC industry events of the year and this year’s event was no exception.

David K. Brake, founder and CEO of The Grandview Group, told attendees how to effectively seek out and utilize PR mavens as brand evangelists.

“The general consumer puts great stock in customer reviews,” said Brake. “What companies need to realize is very few people actually provide reviews for their consumer experiences. Around 90 percent of your consumers are influenced by and rely on the other 10 percent that actually get involved in the online review process. Companies need to identify who these influential mavens are and make them the key component in spreading the word about their brands.”

Ryan Hutchings, director of online marketing for VacationRoost, spoke about the important role authorship plays in building a brand online for strong SEO traction. He mentioned the importance that Google’s social network, Google+, plays in being a vehicle for authorship on the Web.

“Google+ is the best way to focus and utilize your thought leadership and content efforts,” said Hutchings. “PR is the new black and everything from SEO to content to advertising comes back to it. You need a vehicle for your content and setting up and taking full advantage of your Google+ profile is the best way to get your content viewed on the Web. Like it or not, Google is search and Google+ is a fantastic place to post any of your company’s content as you can get very high search rankings. Already managing a company blog? Post entries as bylined articles with Google+ and direct more traffic to your site while establishing yourself as a thought leader in your space. It’s win-win.”

Media expert and serial entrepreneur Kip Meacham, vice president of Card Access, spoke to the benefits and necessity of engaging customers and potential customers via appropriate social media channels. He mentioned it’s important that companies not come on too strong when engaging potential customers on social media.

"Make sure you’re not the guy who shows a 17-slide why-you-should-marry-me PowerPoint presentation on the first date,” said Meacham. “You want to become part of the conversation but you don’t want to come on too strong right at the beginning. Make sure you’re speaking to relevant folks by using hashtags and performing appropriate keyword searches. Always lurk before you leap. Don’t aggressively engage too soon.”

The UTC spoke to the quality of the presentations and lauded the value and timeliness of the topics discussed.

“These compelling presentations were extremely valuable and provided great insights into how marketing and communication folks can use new technology platforms to tell their companies’ stories,” said Richard R. Nelson, president and CEO of the UTC. “By applying the knowledge and expertise these gentlemen have shared with us, companies can ensure their survival and relevance in the marketplace in today’s high-tech world.”

For information on the UTC or becoming a UTC member, please contact our Member Services Director Devin Spann at dspann@utahtech.org or call 801-568-3500.

About the Utah Technology Council

Utah’s premier professional association, the Utah Technology Council has grown 13 percent a year for the past ten years becoming the essential business resource for high tech and clean tech companies seeking to achieve greater success. At its core, UTC exists to foster the GROWTH of the state’s 5,500-plus technology companies, ensure Utah develops the highest QUALITY WORKFORCE in the nation and attract an ever-increasing array of FUNDING. Members join UTC to share insights with industry peers, counsel with government and academic leaders, and receive help from professional service providers and funding resources.

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UTC PR Contact:
Judy Young, Executive Director
P) 801-568-3500
jyoung@utahtechcouncil.org

PR Agency Contact:
Cheryl Snapp Conner Managing Partner, Snapp Conner PR
P) 801-994-9625
cheryl@snappconner.com

MORETON & COMPANY SEMINAR SERIES LAUNCHES WITH FEBRUARY 7TH AFFORDABLE CARE ACT UPDATE EVENT

Thu, 17 Jan 2013 05:00:00 GMT

Salt Lake City, Utah — January 17, 2013 — Moreton & Company, a leading insurance and employee benefits brokerage firm in the Western United States, announced today that they will launch the Moreton & Company Seminar Series on Thursday, February 7, 2013 at the Affordable Care Act Update Seminar, from 8:30 am – 10:00 am at the Mountain America Credit Union Tanner Building Auditorium in West Jordan.

The Moreton & Company Seminar Series will include numerous seminars throughout the year on addressing topics relevant to the insurance, employee benefits, and risk management. “The Moreton & Company Seminar Series events throughout the year will be an opportunity to reach out to businesses in the community and provide information on relevant topics affecting their business,” stated Earl Hurst, President, Moreton & Company, Idaho & Utah.

The February 7^th seminar will address recent guidance, particularly on the pay or play penalty, and address the steps employers must take to comply. Carolyn Cox, JD, Moreton & Company in-house compliance counsel, will be the leading speaker at this event. “This seminar will allow employers to understand how the ACA applies to their company and provide an opportunity to ask questions,” stated Ms. Cox.

To register for the Affordable Care Act Update Seminar Event, RSVP to reservations@moreton.com.

About Carolyn Cox

Carolyn Cox joined Moreton & Company in April 2010 as in-house counsel with responsibility for HR Compliance Consulting. Before joining Moreton & Company, Carolyn practiced law in Salt Lake City for over twenty years. She practiced law primarily in the employment and benefits area, defending employers in a wide variety of matters, including discrimination, contract, non-compete, ERISA, and tort cases. She handled matters in both administrative and judicial forums. Carolyn’s practice included advising clients regarding multiple employments and benefit issues, such as personnel manuals, wage and hour issues, family medical leave and disability questions, hiring, termination, employee discipline, non-compete covenants, COBRA and welfare benefit plans. She also advised employers on employee and employee benefit issues that arise in the context of business acquisitions and mergers. Carolyn is recognized by Chamber & Partners as a leading employment and benefits lawyer in Utah.

About Moreton & Company

As one of the 100 largest insurance brokers in the United States, Moreton & Company has been partnering with clients to implement and manage cost-effective insurance, employee benefits and risk management solutions, both nationally and abroad. For over a century, Moreton & Company has been serving a diverse group of clients—from small businesses to large publicly-traded corporations and government organizations of all sizes. Headquartered in Salt Lake City, Moreton & Company have four offices located throughout Utah, Idaho, and Colorado.

For more information about Moreton & Company, call 801-531-1234 or visit www.moreton.com.

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UTC Annual Open House

Thu, 17 Jan 2013 05:00:00 GMT

Over 270 attendees enjoyed networking and learning about the 14 different companies that showcased their products and service at the event. Many thanks to those who attended including UTC members, trustees and friends.

Event Items:

Photo Gallery

Project Management: Millions of Jobs, Six-Figure Salaries, No Grad Degree

Wed, 16 Jan 2013 05:00:00 GMT

UNIVERSITY OF UTAH MEDIA RELEASE

Contacts:
Anne O’Brien, Director, Professional Education at the U of U, 801-585-0945, aobrien@aoce.utah.edu

Shelley Gabriel, Education Outreach Manager, 801-587-8250, sgabriel@aoce.utah.edu

Project Management: Millions of Jobs, Six-Figure Salaries, No Grad Degree
One of the Nation’s Most Comprehensive Project Management Programs Launches Feb. 2013

SALT LAKE CITY (January 16, 2013) – Ready to shift careers? With six-figure average salaries, sustained job growth, millions of openings across dozens of industries and no prerequisite graduate degree, it may be the perfect time to become a project manager.

In Feb. 2013, the University of Utah will roll out one of the nation’s most comprehensive project management training programs. With offerings for every stage of a project manager’s career, this new program targets both seasoned managers and those looking to shift careers.

“Project management presents a unique career opportunity,” said Anne O’Brien, Director of Professional Education at the U. “It’s one of a few professions where you don’t need a graduate degree, but can still readily earn six figures. Plus, these skills are becoming essential in almost every industry, so project managers can easily switch industries and avoid job losses.”

Applicable across numerous fields – from construction to software development, marketing to green energy and healthcare – project managers pull in an average base salary of $105,000. Although the field is so new that the U.S. Bureau of Labor Statistics doesn’t yet classify project management as an occupation, a survey of online job postings by Wanted Analytics showed a 51 percent increase in demand for project managers over the past two years, and the Anderson Economic Group estimates that an average of 1.2 million project management positions will need to be filled each year for at least the next four years.

“Project management is one of the fastest growing professions in the world, and as such, certified project managers are some of the most sought after professionals in the world,” said Shelley Gabriel, Education Outreach Manager for Professional Education at the U.

The new U program will include six certificates, including an all-online Applied Project Management Certificate, which are designed to be completed by working professionals in just a few months.

According to a recent Project Management Institute report, 71 percent of project managers reported increases in compensation in 2011. Those earning the Project Management Professional (PMP) credential reported an additional salary increase of 16 percent.

“It’s a time in the profession when just a little bit of training goes a long way,” said O’Brien.

Professional Education at the U will offer over 50 classes and six certificates – Project Management Fundamentals, Fundamentals Agile Track, Applied Project Management, Master Certificate in Project Management, Master Agile Track and Advanced Project Management – beginning in Feb. 2013. To register or for more information, visit proed.utah.edu/project, or call 801-585-1780.

Additional Links:

Want to Earn Six Figures? Become a Project Manager. (Project Management Institute)
Hiring for Project Management Skills Grows to New Highs (Wanted Analytics)

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Continuing Education enriches the lives of people of all ages in the greater community and beyond by providing extraordinary learning opportunities from The University of Utah. Founded in 1906, the division offers credit and non-credit courses that serve over 15,000 students annually from around the world. Continuing Education encompasses ten programs: Academic Programs, Lifelong Learning, Test Preparation, Professional Education, Technology Education, Go Learn, Youth Education, Distance Education, the Osher Lifelong Learning Institute, and the English Language Institute. Information about all of Continuing Education’s programs can be found at www.continue.utah.edu.

SENDING MESSAGES, SPY HOP’S INCARCERATED YOUTH RADIO PODCAST, WINS NATIONAL AWARD.

Wed, 16 Jan 2013 05:00:00 GMT

As a proud sponsor of Spy Hop, Jones Waldo passes on the following news:

Spy Hop’s innovative radio podcast program, Sending Messages, which is written, recorded and produced by local incarcerated youth, received national recognition last week in Phoenix, Arizona.

American Probation and Parole Association (APPA) handed out the award, Community Awareness Through Media to Spy Hop’s radio documentary instructor, Adam Sherlock, who shared portions of the podcast with more than 800 attendees.

“Not only does the program encourage teens to talk about their experiences without glorification, it also shows them the transformative power of art. But maybe most importantly, they learn that the rest of us are willing to listen.”

Sending Messages is the country’s only podcast entirely created and produced by incarcerated youth. Spy Hop works to produce the episodes throughout the school year with youth from two Salt Lake City facilities, Decker Lake and Wasatch Youth Centers. The youth write, record and produce personal narratives, poetry, short fiction, spoken word and interviews that are broadcast to the world via two mediums: a monthly podcast at www.sendingmessages.org and iTunes. In addition to having the opportunity to learn about broadcasting, the youth also receive English credit for participating in the program.

“This innovative program provides youth an opportunity to express their feelings in a positive and creative manner while at the same time building their self-esteem and communication skills,” said Susan Burke, Division of Juvenile Justice Services Director.

Click to hear a Sending Messages sample: https://soundcloud.com/spy-hop-production/sending-messages-1

About Spy Hop

For nearly 15 years, Spy Hop has mentored Utah’s young people in the digital media arts as a vehicle for free expression, self-discovery, critical thinking and skilled participation. Its afterschool and community programs in film, audio, design and music production are a model for youth development programs across the nation and Spy Hop is recognized by the White House as a leading arts and humanities organization. www.spyhop.org

For more information:
Virginia Pearce
Spy Hop Productions
Director of Marketing & Community Programs
801-532-7500
EmailAddress: mcorry@joneswaldo.com

Ballard Spahr Attorney Co-Authors Book on

Tue, 15 Jan 2013 05:00:00 GMT

Employee Stock Ownership Plans (ESOPs) are unique in that they serve as tax-preferred corporate finance vehicles while also providing retirement savings to employees. ESOPs can also be used to buy out founders and other major shareholders in privately held companies.

Ballard Spahr is pleased to announce that Brian M. Pinheiro, who leads the firm’s Employee Benefits and Executive Compensation practice, has co-written a book explaining ESOPs and outlining the risks and rewards of establishing one.

The Fourth Edition of Employee Stock Ownership Plan Answer Book, published by Wolters Kluwer Law & Business, was released in December 2012 and provides a thorough cost-benefit analysis of ESOPs. The book has chapters on the technical tax and legal requirements, the applicable fiduciary obligations, the effect of ESOPs on transactions, and leveraging an ESOP.

The book is written in an easy-to-read question and answer format. We invite you to read an overview of Employee Stock Ownership Plan Answer Book and to order a copy of the book.

2013 National Business Trends Survey Press Release

Wed, 09 Jan 2013 05:00:00 GMT

2013 National Business Trends Survey Press Release | The Utah Employees Council

According to Monica Whalen, President & CEO of The Employers Council, “The 2013 National Business Trends Survey continues to support what we are hearing from our member organizations. The majority of Utah executives surveyed are optimistic about the economy and project an increase in their own organization’s sales/revenue numbers for 2013.”
She also notes that “Utah employers continue to hire new employees but a majority report they will maintain their existing staff size for 2013. This is dramatically different from a few years ago, when we were fielding calls from Utah businesses seeking advice on furloughs, salary reductions and/or layoffs. In fact, 67% of the responding companies reported that they did not freeze or reduce wages/salaries in 2012 and better yet 68% provided their employees with increased wages/salaries in 2012 and 38% paid variable/bonus awards in 2012.”

Below please find survey highlights:

2013 Projections

68% of surveyed Utah executives expect the outlook for the overall 2013 economy to be about the same or better compared to 2012.
51% have projected increases for their own organizations’ sales /revenue for 2013 over their 2012 numbers. This 51% is down from the previous year’s survey when 70% of surveyed executives projected increases for their organizations’ sales /revenue in 2012 over 2011. The decline in the percentage of surveyed executives projecting an increase in 2013 over 2012, may be best explained by growing concern in increased government regulations. In the 2013 survey, 26% of the respondents indicated government regulation is their greatest barrier to business growth.
62% have projected increasing wages/salaries in 2013 and 36% report planning to pay variable/bonus awards.
As for hiring projections, 20% project their organizations will be hiring (including recalling from layoffs, hiring temps or contract workers and or hiring new employees) for 2013 and 62% said they will be maintaining their staff size but not hiring.
The two job groups that are the most challenging to recruit and/or retain as reported by these, Utah executives are skilled production workers followed closely by professional staff (non-managers).
To overcome recruitment and/or retention challenges, some reported strategies include, 51% report they are focusing on providing existing staff additional training/development and 42% report they are filling jobs with existing staff that lack job skills but have the potential. Other strategies to note: 33% indicated that they are broadening the geographic area when searching for candidates, 28% are increasing emphasis on employee referrals, 26% are starting/increasing use of social media for recruiting, and 26% are increasing pay ranges and starting salaries (25%).

2012 Actuals

The majority of these surveyed executives reported that their companies performed well in the 2012 economy. When asked in November 2012, 63% expected their organizations to finish 2012 with an increase in sales / revenue over their organizations’ 2011 numbers.
68% of the responding companies provided their employees with increased wages/salaries (Merit, General, COLA) in 2012 and 38% paid variable/bonus awards in 2012.
67% reported that they did not freeze or reduce wages/salaries in 2012.

Introducing the Health Care Reform Dashboard

Fri, 04 Jan 2013 05:00:00 GMT

Ballard Spahr is pleased to announce the launch of its Health Care Reform Dashboard, an online resource center for news and analysis on the Affordable Care Act. The Dashboard will cover topics that affect your organization, providing ongoing information on new rules and announcements and an accessible resource for guidance issued since the Act was signed into law in 2010. The Dashboard also features links to primary sources, such as federal regulations, allowing you to delve more deeply into matters that concern you.

Federal agencies are expected to issue guidance throughout the new year on requirements that take effect in 2013 and in anticipation of changes scheduled to occur the following year, such as the implementation of state exchanges and the imposition of employer and individual mandates.

The Health Care Reform Dashboard can help you find the rules pertinent to your situation, understand the necessary legislative and regulatory requirements, and plan for the future.

The team behind the Dashboard includes members of Ballard Spahr's Heath Care Reform Initiative — attorneys with recognized knowledge and skill in laws affecting employee benefits, health care, labor and employment, and tax. Guided by years of experience with the health care and health benefits industries, they can identify the legal developments that matter and assess how they will affect business.

Our goal is for you to consider the Health Care Reform Dashboard your go-to source for the best information on the Affordable Care Act. Please visit us at www.healthcarereformdashboard.com.

Fiscal Cliff Bill Includes PTC Extension and Other Energy-Related Provisions

Wed, 02 Jan 2013 05:00:00 GMT

Congress yesterday passed the American Taxpayer Relief Act of 2012 (the Act), which averted the so-called “fiscal cliff.” The President is expected to sign the Act shortly.

The Act includes a number of energy-related tax provisions, including a one-year extension and modification of the production tax credit under Section 45 of the Internal Revenue Code (the PTC) for certain renewable energy facilities. The energy-related provisions in the Act include:

PTC Extensions and Modifications – The PTC is extended and modified for certain types of facilities. These extensions and modifications include:
- In the case of wind, geothermal, landfill gas, trash, marine, and hydrokinetic facilities and certain closed-loop biomass, open-loop biomass, and qualified hydropower facilities, the PTC will apply if construction begins before January 1, 2014 (rather than if the facilities are placed in service before January 1, 2014). The Act does not specify what it means to begin construction for this purpose, although there are analogous authorities that have been adopted for other purposes that may be applied. Note, however, that a facility to which this extension applies may qualify for the PTC even if it is not placed in service before January 1, 2014.
- The PTC for municipal solid waste facilities is modified to exclude from the definition of municipal solid waste certain paper that is commonly recycled and that has been segregated from other solid waste.
- The election to claim the investment tax credit rather than the PTC for certain facilities is extended to apply to certain facilities with respect to which construction begins prior to January 1, 2014.
- The PTC for Indian coal production facilities is extended for one year, to apply to sales of qualified production during the eight-year period (rather than the previous seven-year period) beginning on January 1, 2006.
Fuel Incentives – The Act extends and modifies the cellulosic biofuel producer credit and certain incentives for biodiesel and renewable diesel. These provisions include:
- The cellulosic biofuel producer credit is redesignated “second generation biofuel producer credit” and is (i) expanded to apply to liquid fuel derived from cultivated algae, cyanobacteria, or lemna and (ii) extended to apply to qualified fuel production before January 1, 2014.
- The biodiesel and renewable diesel income tax credit is retroactively extended to qualified fuels sold or used on or before December 31, 2013.
- The excise tax credit for biodiesel mixtures is extended to qualified fuels sold or used on or before December 31, 2013.
- The excise tax credit for alternative fuels is retroactively extended for two years, to apply to sales or use of alternative fuels or alternative fuel mixtures on or before December 31, 2013.
- The additional depreciation deduction allowance for cellulosic biofuel plant property is extended for one year, to apply to property placed in service before January 1, 2014, and modified consistent with the expansion of the former cellulosic biofuel producer credit to apply to “second generation biofuel” facilities (i.e., to include fuels derived from algae).
Other Incentives – The Act extends and modifies a number of other energy-related federal income tax incentives. These include:
- Extension of 50% bonus depreciation for property placed in service before January 1, 2014.
- The nonbusiness credit for energy-efficient existing homes is retroactively extended for two years through 2013.
- The alternative fuel vehicle refueling credit is retroactively extended for two years through 2013.
- The credit for two- or three-wheeled plug-in electric vehicles is modified and retroactively extended for two years through 2013.
- The credits for energy-efficient new homes and energy-efficient appliances are retroactively extended for two years through 2013.
- The special accounting rule applicable to sales or dispositions of certain electric transmission facilities to implement FERC or state electric restructuring policies is retroactively extended to apply to sales or dispositions occurring prior to January 1, 2014.

If you have questions regarding the PTC extensions and other energy-related provisions of the American Taxpayer Relief Act of 2012, please contact one of the attorneys listed below.

Greg Jenner at (612) 373-8857 or gfjenner@stoel.com
Adam Kobos at (503) 294-9246 or ackobos@stoel.com
Carl Lewis at (206) 386-7688 or cslewis@stoel.com
Kevin Pearson at (503) 294-9622 or ktpearson@stoel.com

IRS Circular 230 notice: The information contained herein was not intended or written to be used, and cannot be used, by you or any other person (i) in promoting, marketing or recommending any transaction, plan or arrangement or (ii) for the purpose of avoiding penalties that may be imposed under federal tax law.

MDMA Statement on Medical Device Tax Implementation

Wed, 02 Jan 2013 05:00:00 GMT

WASHINGTON, DC – Mark Leahey, President and CEO of the Medical Device Manufacturers Association (MDMA), issued the following statement regarding the fiscal cliff deal and the failure to repeal the medical device tax:

“While MDMA is disappointed that a deal was not reached to repeal the medical device tax, we are heartened by the bipartisan and growing support in both the House and Senate to end this policy. There is wide recognition that the device tax has already led to job losses and that it is impacting patient care, and this will continue if Congress doesn’t act quickly in 2013. MDMA and our members remain committed to repealing the medical device tax so the United States can continue to lead the world in medical innovation, but the real world impact of this job-killing policy is unfortunately already being felt across the country.”

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KCPW Interview with Fred Lampropoulos and Richard Nelson on the IT Industry and Recruiting Top Tech Talent

Tue, 18 Dec 2012 05:00:00 GMT

On Tuesday, December 18, 2012 Fred Lampropolous, Merit Medical Systems and Richard Nelson, Utah Technology Council spoke with Jennifer Napier-Pearce, KCPW, about the nearly 50,000 Utahns who work in the IT industry, a sector that grew a whopping 7 percent this past year. But even as high-tech companies are healthy and hiring, they’re finding it hard to find and recruit top tech talent.

Audio

PCE Honors "Advocates for Innovation in Education"

Fri, 14 Dec 2012 05:00:00 GMT

UTC Receives the 2012 Association "Advocate for Innovation in Education" Award from PCE

Press Release

FOR IMMEDIATE RELEASE

Friday, December 14, 2012

Contact: Judi Clark

Executive Director, PCE

Email: judiclarkut@gmail.com

Cell: (801) 710-2345

www.ChoiceInEducation.org

PCE Honors "Advocates for Innovation in Education"

SALT LAKE CITY, UT - The 2012 "Advocates for Innovation in Education" were honored yesterday at Parents for Choice in Education's Third Annual Education Symposium. In front of a diverse audience of over 200 attendees including legislators, the State Superintendent of Public Instruction and various education stakeholders, awards were given to four recipients in the categories of Legislator, School, Association and Company.

In order to be selected for this award the recipient must have played a significant role in bringing about innovation in education as well as shifting the paradigm to a more student-centric focus. Additionally, their actions and or work must have contributed substantially to enhanced student outcomes and providing quality options that meet the individual learning needs of Utah students.

In their quest to honor "Advocates for Innovation in Education," PCE was looking to recognize those whose work has impacted one or more of the following areas - promote solutions that provide personalized instruction and competency-based learning, better prepare our students for college and careers, provide greater accountability for student outcomes and instructional quality, and engage and empower our students as active participants in their individual education.

In recognition of their exemplary work in these areas, PCE was honored to recognize and award the following recipients as the 2012 "Advocate for Innovation in Education" -

Legislator: Senator Howard Stephenson
School: Innovations High, Salt Lake School District
Association: The Utah Technology Council
Company: Imagine Learning

There to receive the award for Innovations High was Principal Ken Grover, for Utah Technology Council was President & CEO, Rich Nelson, and for Imagine Learning was President and CEO, Joe Swenson. Go here to read the awardees qualifications.

The first award of it's kind given by PCE, "Advocate for Innovation in Education" will become an ongoing tradition, intended to recognize and showcase those leaders in our community who demonstrate perseverance and a commitment to innovating education in a way that meets the individual and diverse learning needs of Utah students - because we know that one size does not fit all.

* * * * * *

Parents for Choice in Education is dedicated to ensuring every child has equal access to a quality education by empowering parents, increasing choice, and promoting innovative solutions to Utah's educational challenges.

Public Relations' New Era - Techniques for Advancing a Company's Reputation, Customer Engagement and Sales Online

Thu, 13 Dec 2012 05:00:00 GMT

PR Agency Contact:
Cheryl Snapp Conner Managing Partner, Snapp Conner PR
P) 801-994-9625
cheryl@snappconner.com

Related Articles: How To Use Twitter Chat To Increase Your Business In 2013

Event Items:

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Ryan Hutchings

Kip Meacham

PowerPoint

David Brake (PDF)

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Utah Tops Forbes 2012 List Of The Best States For Business

Wed, 12 Dec 2012 05:00:00 GMT

Utah heads our list of the Best States for Business for a third straight year. Utah’s economy has expanded 2.3% annually since 2006–fifth best in the U.S–versus 0.5% for the nation as a whole. “We have a very fertile environment for entrepreneurs and business,” says Gov. Gary Herbert, who was reelected last month in a 68%-28% landslide.

read full article

Best of Marketing 2012 - Starring You!

Tue, 11 Dec 2012 05:00:00 GMT

The value of the Marketing P2P Forum is in sharing best practices with each other. December’s P2P Forum reflected on the past year and the successes YOU had this year. Attendees came prepared to share best marketing successes in 2012. Each person was given five minutes to share their success.

The co-chairs for this Forum is Tracy Scott, of Sprout Marketing.

Event Sponsor:

Audio | Photos available to members only

Under the Lens: Digicert

Tue, 11 Dec 2012 05:00:00 GMT

1. What is your company doing that is absolutely unique?

There are several elements of our business that are unique, but in general terms we are transforming the way digital SSL certificates are traditionally offered to organizations. The reasons behind the founding of our company cause us to be more customer-oriented, the result of which is the pioneering of many customer-friendly, flexible features that have become industry staples.

Our combination of value-added, flexible products and tools merged with award-winning customer support sets us apart from the competition. It’s the reason why we’re outpacing the others as we seize additional market share and grow our business at rapid rates, even as we prepare to enter our 10th year in business.

2. What is most interesting about your company's internal culture?

We are obsessed with our customers and with people success. This starts with the way we treat our employees – unique approach to benefits and perks – that leads to longevity and a strong knowledge base among our staff. With this, they take care of our customers better than any of our competitors. Our valuing people, balance, teamwork and excellence all lead to a feeling that we’re in it together to help our customers succeed and, in the process, make the world a better place.

3. How long have you been in business and why did you establish your business in Utah?

DigiCert opened in 2003. Our founder, Ken Bretschneider, lived in Utah and had done business here before (brought here by his wife). He’s always enjoyed the work ethic and integrity of Utah’s workforce, as well as the feeling of community and family here. Utah is also a very business-friendly state.

4. How is your company affecting change?

We are doing this in many ways. One of those ways we are affecting change is demonstrating that businesses can value their people most, offering generous wages and benefits, and by doing so build a culture that leads to business excellence and profitability. Within our industry, we’re driving the standard by which our market operates – we’re changing the way companies like ours approach customer value, flexible product innovation and customer support.

As mentioned before, many of our customer-friendly innovations are now industry standards. As we continue to push to listen to our customers’ needs and find ways to develop them into new products and tools, we’ll continue to lead the market. We also take our responsibility to advancing internet safety very seriously, and we’re involved in collaborative research as well as taking a lead role within many industry groups to promote high standards and best practices.

Some of the awards that demonstrate our success are found here: http://www.digicert.com/welcome/awards.htm

5. What are the aspects of UTC that are most valuable to you?

We find great value in associating with the other many great high tech companies here in Utah and the opportunity we have to learn from each other as we strive for an even stronger local industry.

Learn more about Digicert

Black Ties and High-Tech: UTC Honors Entrepreneurship with Hall of Fame Gala

Thu, 06 Dec 2012 05:00:00 GMT

Aside from being THE "who's who" event of Utah's high-tech, clean-tech and life sciences industries, the 14th Annual Utah Technology Council's (UTC) Hall of Fame Gala, held Friday at the Grand America Hotel in Salt Lake City, might also be described as the state's biggest celebration of entrepreneurship and success.

To be sure, the event featured the state's largest and grandest array of entrepreneurs and technology leaders packed into one location at any given time. "It's a gregarious group – very social – and a great networking event," says EDCUtah President & CEO Jeff Edwards. "The Hall of Fame gala is like EDCUtah's annual meeting in that it is difficult to get people to sit down – they are so engaged in networking and socializing with their peers."

Indeed, as UTC President and CEO Richard R. Nelson says, the Hall of Fame "has become the most-anticipated celebration for Utah’s innovation economy attracting the state’s top decision makers."

Tuxedo-Appropriate
This year's black-tie event celebrated the induction of two highly successful Utah entrepreneurs -- Josh James and Fred Lampropoulos -- into the Hall of Fame, an honor bestowed upon a variety of Utah visionaries since 1999. Click here to read about impressive past inductees.

Like their Hall of Fame predecessors, James and Lampropoulos were honored for their global contributions to Utah's information technology and life science industries through new technology, innovation and leadership. James founded Domo in 2010 to disrupt the $14 billion business intelligence market and change the face of enterprise software. Before Domo, he was the CEO of Omniture, which he co-founded in 1996 and took public in 2006. From 2006-2009, James was the world’s youngest CEO of a publicly-traded company. Omniture was later acquired by Adobe Systems, Inc., which recently opened an impressive campus in Utah County.

Lampropoulos, on the other hand, has been a recognized leader in the medical device industry for more than 30 years. After serving as the Chairman and Chief Executive of Utah Medical, he founded Merit Medical Systems, Inc. in 1987, where he currently serves as Chairman and CEO. He has invented and holds almost 200 patents on devices used in the diagnostic and therapeutic treatment of cardiovascular disease.

"Josh and Fred are fantastic examples of Utah's entrepreneurial spirit and they are most deserving of their induction into the UTC Hall of Fame," says EDCUtah President & CEO Jeff Edwards.

e-Commerce Visionary
In addition to honoring its Hall of Fame inductees, the gala also headlines keynotes from the world’s great technology companies. In past years, the keynotes have included John Chambers of Cisco, Eric Schmidt of Google, Jerry Yang of Yahoo!, Steve Ballmer of Microsoft, Mark Hurd of Oracle, Paul Otellini of Intel and Kevin Rollins of Dell.

This year’s keynote featured Jeff Bezos, founder of Amazon.com, whom Nelson describes as "the executive who was perhaps most responsible for the creation and success of the e-Commerce industry as we know and experience it today. As the ultimate disrupter, Jeff Bezos is a visionary executive who has truly transformed the technology world. He is recognized as the #1 CEO in America (by Forbes).”

Bezos' keynote at the UTC Hall of Fame Gala was actually orchestrated by Utah Senator Orrin G. Hatch, who serves as chairman of the Senate Republican High-Tech Task Force. For the keynote address, Bezos and Hatch participated in a unique question and answer-style exchange that included questions and commentary regarding the national state of high-tech as well as its implications for Utah.

"As the founder and head of a $50 billion-dollar company, Jeff was insightful, articulate, entertaining and down-to-earth," says Edwards. "He's certainly no stuffed shirt." Edwards was particularly humored by Bezos' response to the question, "Will e-books destroy the printed book industry?" Bezos' answered by drawing a comparison between printed books and horses, saying, "You still own them; you just don't need to ride them to work."

Symbiotic
Edwards says EDCUtah and the UTC enjoy a symbiotic relationship. Both organizations are interested in fostering the growth of the state's 7,000+ technology companies. Further, both the UTC and EDCUtah share board memberships. As UTC’s CEO, Nelson serves on EDCUtah's Board of Directors, while Edwards serves on the UTC Board.

For its part, the UTC has become an essential business resource for Utah IT, clean-tech and life science companies. Further, the UTC's work to ensure that Utah develops the HIGHEST-QUALITY WORKFORCE in the nation and that Utah businesses attract an increasing array of FUNDING is notable.

Regarding high-tech business recruitment and expansion, of the 335 projects EDCUtah is currently working, 17 percent involve information/IT-related businesses, three percent involve life sciences companies and 47 percent involve manufacturing concerns. As the private arm of economic development in the state, EDCUtah focuses much of its resources on recruiting and growing high-tech businesses as part of the economic cluster initiative established by Governor Gary R. Herbert.

Utah high-tech businesses are consistent job creators. According to the most recent Cyberstates report, published in 2011 by the TechAmerica Foundation, Utah was one of only eight states to add tech jobs in 2010 and ranked fourth in terms of the largest tech job gains.

Missionary or Mercenary? 3 Keys to Small Business Success

Thu, 06 Dec 2012 05:00:00 GMT

By Ty Kiisel , For the Deseret News
Published: Thursday, Dec. 6 2012 8:10 p.m. MST

It would be hard to dispute that the founder of Amazon.com Jeff Bezos is anything other than a success. Bezos had a successful career with a New York hedge fund when he decided to roll the dice, move to Seattle and start Amazon.com.

Last Friday night, I attended the Utah Technology Council’s 14th Annual Hall of Fame banquet that featured the Amazon founder as their keynote speaker. The main event was the induction of former Omniture founder and current DOMO CEO Josh James, and Merit Medical Chairman and CEO Fred Lampropoulos into the UTC Hall of Fame.

But I could have listened to Bezos for another hour or more.

After hearing his story and what motivated him to build Amazon.com, I’ve become a huge fan. You really have to admire someone who started in his garage and is now worth somewhere around $19 billion (that’s right — billion with a “b”). He ascribed his success to “A lot of luck and planetary alignment,” but I believe there’s a lot more to it than that.

Bezos argued that there are two types of entrepreneurs: missionaries and mercenaries. Missionaries are motivated by a strong desire to provide a product or service to their customers with almost missionary-like zeal. Everything about what they do is designed to enhance the customer experience and provide value.

The mercenary is only interested in building a company to churn and burn — make some quick money with a quick sale, move on to the next business and start all over again.

Interestingly, Bezos suggests in the long run, the missionary is more successful than the mercenary — and definitely lives a more fulfilling and meaningful life.

In addition to my self-imposed mandate to become a real missionary, three of the biggest lessons I took away from Bezos that night are:
•
Start with the customer and work backwards: “At Amazon, we’ve selected people who are thinking of ways we can improve the experience for our customers,” he said. “ ... We seek to do things in new and better ways … it’s creative disruption … in our case, we think of it as our job to build the best customer experience in retail we can.” Too many businesses create products they think should be successful, but don’t pay any attention to whether or not their offering resonates with their future customers. We should be asking ourselves, “Do I really understand my customers’ needs and does my product or service meet those needs?” When we start with the customer and work backwards, we’ll be investing in the products and services our customers will purchase and build a strong and thriving business while we’re at it. Amazon.com is a great example.
•
Don’t be afraid to walk like a toddler: “Businesses need to remember, it’s not bad to fall down. It doesn’t hurt too much,” he said. “If it doesn’t work, all that happens when we stop is that our operating margin will improve. It won’t be that bad.” I think Bezos and Thomas Edison are cut from some of the same cloth, “I’m not discouraged,” Edison said, “because every wrong attempt discarded is another step forward.” For example, before they came up with the Kindle, Amazon had tried and failed at least three times to come up with the right platform for an eBook. “Sticking to the knitting is way more comfortable,” Bezos said. Unfortunately, in today’s world, the businesses that aren’t always trying to improve and grow eventually become obsolete and irrelevant. “Most people get criticized for experiments that failed,” he said. “They shouldn’t.”
•
Don’t forget, we humans will do more of anything that gets easier: If we make it easy for our customers to do business with us and use our products, they will. Talking about the Kindle he said, “People who get a Kindle read four times as many books. We reduce the friction of reading.” What can we do to make it easier for our customers to do business with us? We should always be looking for ways our customers can quickly and easily gain value from working with us. I’m convinced therein lies success. What can we do to reduce the friction associated with using our products and services to gain value?

Although Amazon has become a huge company with technological interests that have gone beyond selling books, at their core is a desire to meet customers’ needs. They work backwards from the customer when developing new products or services, they aren’t afraid to make mistakes, and work very hard to make sure their customers get to value easier and faster than anyone else.

When asked when they plan to start opening traditional brick-and-mortar stores, he suggested it wouldn’t happen until they found a way they could provide more value to their customers with a traditional store. “Until then, we’d be just another store,” Bezos said.

What are you doing to make your business more than just another store?

As a Main Street business evangelist and marketing veteran with more than 25 years in the trenches, Ty Kiisel writes about leading people and small-business issues for Lendio (www.lendio.com).

View the UTC Hall of Fame page for inductee videos and event photos and more.

Two Jones Waldo attorneys take new board appointments

Thu, 06 Dec 2012 05:00:00 GMT

SALT LAKE CITY – Dec. 6, 2011 – Jones Waldo, one of Utah’s most enduring and prestigious law firms, announces the appointments of Glen D. Watkins and Richard Peter Stevens to the boards of Utah Clean Energy and Secure Settlements, Inc. respectively.

Watkins, shareholder and veteran attorney in the Real Estate Law Department, just joined the board of directors for Utah Clean Energy, a nonprofit, non-partisan public interest organization partnering to build the new clean energy economy. He has been involved with the organization since 2009. The firm has been a Sustainer Level corporate sponsor of Utah Clean Energy for two years.

“It’s an honor to be able to serve such an important community organization in this capacity,” Watkins said. “I look forward to supporting the good work of Utah Clean Energy and all of its constituents.”

Stevens, who leads the Jones Waldo’s Insurance Regulatory Law Practice Group, was recently welcomed by Secure Settlements, Inc., a mortgage risk management company, to its advisory board. Stevens formerly served as Assistant Commissioner for the Utah Insurance Department where he had managerial responsibility for the Property and Casualty, Financial Examination and Licensing, Administrative Enforcement and Fraud Divisions.

Click here for more information on Glen D. Watkins, Richard Peter Stevens, Utah Clean Energy or Secure Settlements, Inc.

About Jones Waldo

# # #

Many thanks to Zions Bank and Chris Redgrave for featuring UTC in the November 13, 2012 Speaking on Business.

Thu, 06 Dec 2012 05:00:00 GMT

November 13, 2012

This is Chris Redgrave for Zions Bank Speaking on Business.

The reason the Utah Technology Council is called Utah’s premier technology association is because it is.

Under the leadership of president and CEO, Richard Nelson, Utah Technology Council’s focus on the IT and Clean Tech sectors has supported the development of medical device diagnostics and biotechnology. UTC has grown a solid reputation with their CEO roundtables, industry educational events and networking opportunities, averaging 6-10 a month that are well known in the business community.

Richard is quick to point out the 7,000 technology companies in Utah 5,000 alone in IT. Tech companies here have salaries that pay almost 60 percent higher than the average wage and represent approximately 103,000 jobs and counting. This “white hot” industry in Utah is 14.3 percent of Utah’s total payroll and makes up almost 9 percent of our workforce. Even though Utah’s unemployment number is one of the lowest in the nation at 5.8 percent in the tech sector, we have jobs going unfulfilled. In fact, we have to recruit outside of Utah because we’re experiencing a shortage.

Richard says Utah Technology Council’s three highest priorities are to grow and protect our companies, develop our local talent base and increase funding for these tech companies. As UTC expanded, it became clear that a separate aligned organization needed to be set up with a deliberate focus on medical device and biotechnology sectors. This association will focus on advocacy for the 1,000 life science companies while working hand-in-hand with Utah Technology Council. This initiative allows UTC to continue their work with the information technology sector.

You can’t help but get excited when you talk about the bright spot Utah Technology represents in the nation. As Richard from the Utah Tech Council will tell you, the over 200 venture capital firms that pursue Utah’s high-growth companies don’t cost taxpayers, develop an industry and create jobs. We have natural entrepreneurial DNA, and we’re considered as the tech epicenter in the United States. It doesn’t get any better than that.

For Zions Bank, I’m Chris Redgrave, speaking on business.

Obamacare And Entrepreneurs: What You Should Know; How To Prepare

Wed, 05 Dec 2012 05:00:00 GMT

As one of my ongoing roles, I am Chairman of Utah’s Technology Association, the Utah Technology Council (UTC). In a recent Trustee meeting, one of my associates, Kelvyn Cullimore, CEO of medical device company Dynatronics (NASDAQ: DYNT), provided our assembled leaders with perspective on what the coming changes of Obamacare will mean. He spoke particularly about the impact for organizations such as his own, that will be impacted by the proposed and expected medical device excise tax.

Dynatronics Inc. is a manufacturer of advanced medical devices

For all organizations, while much is still unknown as we approach the start dates, the implications of the Affordable Care Act (Obamacare) will be immense. Regardless of political views, there are aspects of the changes entrepreneurs must take into account as they plan their business and employment strategies for 2013 and beyond.

As Cullimore notes, medical device companies will be hit especially hard. Dynatronics is a company that employs 160 people. Their own situation is an interesting case study; however the issues they face will apply to many other organizations as well.

As a note – in addition to his role as CEO, Kelvyn Cullimore is active in the local political arena as he has also served for the past seven years as the Mayor of Utah’s Cottonwood Heights. He is also an officer and board member of the Medical Device Manufacturers Association (MDMA) in Washington DC, and through that role is engaged in advocating for industry issues with the Federal Government.

I have taken the chance to talk to Kelvyn at further lengths about his thoughts and plans in relation to the coming changes. In Dynatronics’ case, the company acquired several of its distributors in 2007 as a means to protect its distribution channel. After the acquisitions, the company was thankfully able to survive the extremely adverse market from 2008-2010. Coming out of the recession, the company made the strategic decision to invest more than $2 million in research and development to allow the company to innovate new products and to create profits the company would be able to recognize for shareholders in 2013 and beyond. While those higher R&D costs did significantly impact their profitability for the last two fiscal years, it has positioned them well for improved profitability in the coming years. As every entrepreneur knows, innovation is not only critical to survival, it is essential to sustained profitability.

On the whole, while Cullimore notes that few people would argue with the benefits of eliminating limits on insurance due to pre-existing conditions and allowing children to remain on their parents’ insurance to age 26, the cost of enacting Obamacare’s changes is estimated to exceed $2 trillion over 10 years. The money to cover these costs is designed to come from two places:

1) Reducing the scheduled increases in future benefits in Medicare, and

2) Increased taxes. Forbes contributor Kelly Phillips Erb has written about the coming tax increases in detail here.

Of particular interest to companies such as Dynatronics is the coming excise tax on medical device companies. This 2.3 percent tax is particularly frightening because it is levied on top-line sales, even if the respective company doesn’t earn a bottom-line profit in a given year.

The medical device industry comprises some 409,000 direct jobs and close to two million indirect jobs, according to the Medical Device Manufacturers Association (MDMA), 80% of these companies have fewer than 50 employees. Only 10% have 500 employees or more.

“In this sector, the profit threshold is not usually crossed until a company achieves $25-50M revenue,” Cullimore stated. “For a complex device, a company may need to gross $100M before they are posting a profit. In either case, many of these companies must incur an operating loss for several years as they pioneer the next generation of life-improving devices. Now they must add to their working capital needs the resources to pay an excise tax which will have the effect of moving the goal line of profitability even further.”

Dynatronics develops and manufactures SolarisPlus products to provide ultrasound and light therapy

For those medical device companies who are making a profit, the 2.3% excise constitutes “a tax within a tax.” For a company making an 7% pre-tax profit, for example, the 2.3% excise tax would comprise 33% of their entire net profit – and that price tag would be in addition to the regular income taxes they may owe on their earnings. Very literally, it amounts to a tax on top of a tax.

Fox News agrees with Cullimore’s assessment: “…this looming $20 billion tax is already causing small business job loss and cuts to research and development budgets…..When Congress taxes the sale of a specific product through an excise tax, as the Affordable Care Act does with medical devices, it too often disproportionately impacts the small companies with the narrowest financial margins and the broadest innovative potential. It also pushes companies of all sizes to cut back on research and development for life-saving products.”

As a case study, in Dynatronic’s case, had this excise tax been in effect during 2012, the company that had only broken even would have had to come up with an additional $400,000 to pay in excise tax to comply. Where would that money have come from? Says Cullimore, the company would have had to raise the price of its products (in a market that would likely not tolerate more than the smallest of increases). It likely would have had to limit investment in R&D as well as consider other cost reductions including layoffs.

Decreasing the amount of research and development would have decreased the amount of innovation the organization could bring to the fore. And as previously stated, innovation is a critical fuel to sustainability and producing the technologies that will ultimately make health care more affordable.

Another functional outcome Cullimore predicts: the excise tax will force an increasing number of organizations “on the bubble” under these additional expenses to consider offshore manufacturing. Yes, they will still be subject to the excise tax for products sold in the United States—but in desperation they will hope that the cost savings of taking the labor offshore will at least to some degree offset the additional cost of the tax.

“This is an outcome that will cost American jobs,” he observes. “While strategies like offshore manufacturing, reducing R&D and reductions in force will help the medical device companies offset the impact of this egregious tax, it will simultaneously reduce the number of U.S. jobs and significantly stifle innovation – and it is innovation that will help ultimately bring down the cost of healthcare.”

Why the particular “punishment” on medical device companies? According to Cullimore, the theory is that the enactment of the Act will result in more devices being needed and purchased, therefore producing a “windfall” for manufacturers that would offset the new tax.

However, for companies such as Dynatronics—who sell primarily capital equipment—there may be less of a windfall. Doctors will not buy more capital equipment, he notes. Instead, they will use the capital equipment they own to serve a larger number of patients than before. Providers such as Dynatronics can attempt to re-coup their loss by increasing prices; but Cullimore notes that capital equipment is a sector that is highly price sensitive and is already at or close to the cap the market will likely allow.

Cullimore also notes that the excise tax may possibly be postponed from its scheduled January 1, 2013 start date, since 30 days out there is still no final rule published by the IRS directing how the tax is to be collected and regulated – yet companies need to do their best to anticipate and prepare for the possibility the law will roll forward as scheduled on January 1.

Will there be layoffs? At 160 employees, Cullimore’s company has no layoffs planned as the result of the tax currently, but he acknowledges that when details arrive, it is highly possible that many companies may have to make rapid changes in direction on the fly. Presently, the House of Representatives has repealed the excise tax, but the Senate has been unwilling to consider repeal. Yet the industry continues to inform congressional leaders of the severe consequences the excise taxes will have on jobs and innovation in hopes of some relief before the tax is enacted.

Another aspect of Healthcare Reform mandates that all employers with more than 50 employees provide health insurance to their employees or face a tax of $2000 per employee. The health insurance must meet the federally mandated “essential benefits” which will dictate the minimum coverage required to avoid the tax. This aspect of Healthcare Reform will go into effect January 2014.

His advice to companies nearing 50 employees in size: “Fifty employees is a critical barrier where the coming change is concerned. My advice to companies nearing the 50 employee barrier in 2013 is that they must either stay below the barrier through various strategies such as outsourcing or part-time employees, or they must be very sure they are able to ‘burst’ past it—if headcount is allowed to creep above 50, the incremental burdened cost of those employees will be extraordinarily high.”

Clearly, as written, the impacts of healthcare reform present some significant challenges for companies such as Kelvyn’s. He is actively involved in lobbying for more lenient and realistic means to cover the Act’s high additional costs.

Of most concern to Cullimore is the lack of concrete instruction that would allow his organization and others to make appropriate plans to prepare for the impacts of healthcare reform and specifically the medical device excise tax. He agrees with Erb’s conclusion: “How can individuals and businesses plan without direction…It’s simply not fair to taxpayers, to tax professionals, to IRS (yes, I’m sticking up for them, too) and for financial advisors to constantly be in the position of having to shift gears and hedge bets (no, not that kind of hedging). We need clear direction.”

I would agree with this position as well. While medical device companies look to be one of the sectors most severely affected by the coming changes, all organizations will need to be nimble, will need to be observant, and will need to do all in their power to appropriately plan and prepare.

Entrepreneurial employees and organizations will be more vital to our economy than ever before. Do you have additional thoughts and comments? Feel free to leave them here – and both Kelvyn Cullimore and I will do our best to respond. As always, I’d love to hear what’s on your mind, either here or via @AskAlanEHall or www.AlanEHall.com.

Author: Alan Hall | Google+
Original source: http://www.forbes.com/sites/alanhall/2012/12/01/obamacare-and-entrepreneurs-what-you-should-know-how-to-prepare/2/

Bio: Chris Bijou

Sat, 01 Dec 2012 05:00:00 GMT

Chris Bijou
CEO
iDealResponse

Chris has been a high-tech pioneer and entrepreneur with experience launching products from inception to the market. Among these ventures was EDI Technologies, which partnered with Adobe and Xerox in launching the digital imaging systems used today. He also held senior management positions at high-tech companies including inContact, Siebel Systems and Oracle. An inventor of patent pending social SaaS and mobile technologies that increase verbal sales and service performance, he is currently CEO of iDealResponse. Chris is active as an advocate for children’s rights and has helped drive legislation for building schools for the deaf and blind.

The 14th Annual UTC Hall of Fame Celebration

Fri, 30 Nov 2012 05:00:00 GMT

2012 UTC Hall of Fame - Friday, November 30, 2012

UTC 2012 Hall of Fame with Keynote Jeff Bezos of Amazon.com treated a capacity audience at the Grand America Hotel to two extraordinary inductees in Josh James, Domo, Inc. and Fred Lampropoulos, Merit Medical

Event Items:

Jeff Bezos Keynote Address

Josh James' Acceptance Speech

Fred Lampropoulos' Acceptance Speech

Photo Gallery

(Click the student photo above to read student's comments about their 2012 Hall of Fame Experience and to view Senator Garn's Speech)

Post comments on twitter using hashtag #UTCHOF

The Annual Hall of Fame event honors individuals with Utah ties who have made global contributions to the information technology and life science industries through new technology, innovation and leadership.

2012 UTC Hall of Fame Keynote

Jeff Bezos
President, CEO and Chairman of the Board
Amazon.com

Jeff Bezos founded Amazon.com in 1994. Amazon’s mission is to be Earth's most customer-centric company. Amazon offers low prices and fast delivery on millions of items, designs and builds the bestselling Kindle hardware, and empowers companies and governments in over 190 countries around the world with the leading cloud computing infrastructure through its Amazon Web Services offering. Bezos is also the founder of aerospace company Blue Origin, which is working to lower the cost and increase the safety of spaceflight so that humans can better continue exploring the solar system.

Bezos graduated summa cum laude, Phi Beta Kappa in electrical engineering and computer science from Princeton University in 1986, and was named TIME Magazine’s Person of the Year in 1999.

2012 UTC Hall of Fame Inductees

Josh James
Founder, CEO &
Chairman of the Board
DOMO

Josh founded Domo in 2010 to disrupt the $14 billion business intelligence market and change the face of enterprise software. Before Domo, he was the longtime CEO of Omniture, which he co-founded in 1996 and took public in 2006; and from 2006-2009, he was the world’s youngest CEO of a publicly-traded company.

Omniture, the first enterprise SaaS/cloud company, was the number one returning venture investment out of 1,008 venture capital investments in 2004, as well as the number two performing technology IPO of 2006. Omniture was also the fastest or second fastest-growing public company globally for three consecutive years. In 2009, Josh facilitated Omniture's $1.8 billion sale to Adobe, which was the biggest M&A transaction in Utah at the time.

Josh serves on the boards of Demand Media, a NYSE-traded company; Rakuten, a publicly-traded, five billion dollar revenue company that is the leading
e-commerce company in Japan; and Save The Children, the leading independent organization creating lasting change in the lives of children in need in the United States and around the world. Josh also serves as a member of the World Economic Forum’s Young Global Leaders, a worldwide community of individuals committed to, and recognized for, their proven leadership and potential in shaping the future. In addition, he has served on the board of the Utah Technology Council for more than a decade.

In 2011, Fortune Magazine recognized him as one of its "40 Under 40: Ones to Watch" and, in 2009, as one of its "40 Under 40" top business executives. He was named the 2006 Ernst & Young Entrepreneur of the Year and Brigham Young University's Technology Entrepreneur of the Decade. In 2012, Mountain West Capital Network named Josh its Entrepreneur of the Year.

Josh is the founder of CEO.com, a resource to help founders and CEOs stay up to date with what's happening at the executive level across top industries, as well as stay armed with the latest leadership strategies and best practices. He also founded Silicon Slopes, a non-profit initiative designed to promote the interests of Utah's high-tech industry.

Fred Lampropoulos
Founder, CEO &
Chairman of the Board
Merit Medical

Fred has been a recognized leader in the medical device industry for more than 30 years. After serving as the Chairman and Chief Executive of Utah Medical, Fred founded Merit Medical Systems, Inc. in 1987, where he currently serves as Chairman and CEO. He has invented and holds almost 200 patents on devices used in the diagnostic and therapeutic treatment of cardiovascular disease.

Since 1987, Merit Medical has grown from a start-up company to a publicly-traded company forecasting revenues of approximately $400 million in 2012. The company started in a small manufacturing facility in Salt Lake City and now has manufacturing and distribution capabilities in Salt Lake City and 10 other locations around the world. With approximately 2,700 employees, Merit Medical has achieved a world leadership position in many areas. He is committed to building a company of lasting value that will provide employment for thousands of families for years to come.

Fred is extremely involved in his community and serves on many boards, including the Medical Device Manufacturers Association (MDMA). He is committed to building our community by supporting organizations such as the Jr. Jazz, Junior Achievement, KUED and the Boy Scouts of America; supporting the arts, including The Leonardo, the Utah Shakespearean Festival, Tuacahn Center for the Arts, Hale Centre Theatre and Utah Symphony and Opera; and providing benefits and services to the homeless and disadvantaged.

Fred has received numerous awards, including the Governor’s Medal for Science and Technology, honorary doctorate degrees from Westminster College and Salt Lake Community College, and the Distinguished Alumni Award from the University of Utah. He was also inducted into the Utah Business Hall of Fame. Fred is an Honorary Colonel in the Utah National Guard, served as an officer in the 19th Special Forces Group (Airborne), and received the 2011 Bronze Minuteman Award.

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Press Releases

Black Ties and High-Tech: UTC Honors Entrepreneurship with Hall of Fame Gala

Fred Lampropoulos and Josh James to be Inducted into UTC Hall of Fame

Jeff Bezos, Founder and CEO of Amazon Headlines Utah Technology Council's 2012 Hall of Fame Gala

Amazon's Jeff Bezos Tops the List of the Best CEOS..Forbes

Past Hall of Fame Keynotes

Past Hall of Fame Inductees
Click here to view

Past Hall of Fame Celebrations
Click here to view

When:
Friday, November 30, 2012
6:00 p.m. Reception
7:00 p.m. Dinner & Awards Program

Attire: Black-Tie Event

Click here for Sponsorship Opportunities Details

Note: All tables purchased by Nov.16 will be listed in the event program highlighting your support of the industry.

Sponsorship Opportunites	Cost
Platinum Plus Sponsor	$45,000
Platinum Sponsor	$30,000
Gold Sponsor	$15,000
Silver Sponsor	$10,000
Bronze Sponsor	$5,000
Networking Sponsor	$2,500

Ticket Pricing	Cost
Premier Table of 10	$4,000
Table of 10 - UTC Platinum & Gold Industry Investors	$2,250
Table of 10 - UTC Member	$2,750
Table of 10 - Non-UTC Member	$4,000
Individual - UTC Member	$275
Individual - Non-UTC Member	$400

#UTCHOF

Cancellations must be made before Friday, November 23 by 12:00 p.m. MST for a refund.

Student Feedback on UTC 2012 Hall of Fame Celebration

Fri, 30 Nov 2012 05:00:00 GMT

“I am so thankful I was invited to this dinner, it was an amazing experience. I was able to meet many leaders in technology and people just in the technology field that were able to give me an insight of what they do for a career. It was a reality check of the real world and actually being treated and talked to like an adult and not like a kid. Listening to Jeff Bezos talk about how he first started in a garage helped me understand that he started as just an average citizen. I enjoyed seeing the true people behind Amazon, Merit Medical, and DOMO. It was nice to see all of their inspiring stories and all those who supported them. Attending this dinner really brought me reassurance, I've always been nervous and worried about my career future because all you hear about for our generation is unemployment and debt. This dinner helped me have more hope for my future knowing that the field I am studying offers endless opportunities and options for me.”

“I really enjoyed the Gala, it was a good experience for me seeing what these successful people did to get where they are, and plus the food was amazing! But what I really enjoyed was the way they had Jeff Bezos talk, instead of him having a written response that he said aloud, they had a question and answer where he and Orrin Hatch sat down and talked. Unfortunately I could not make it for the picture with them before the Gala began, but I wish I had, Jeff Bezos seemed like an amazing person. I liked how he said he didn't look at what other companies were doing but what the customers will want next, because it's better to be the new news then the old news.”

“To be honest, I hadn't heard of Jeff Bezos until I got to the Grand America and read the program. I'd been a fan of Amazon and was excited to hear more from him. It was interesting to hear him discuss Amazon's humble beginnings. I thought Senator Hatch asked some good questions and was a fairly articulate interviewer. When we learned about the local entrepreneurs afterwards, it was cool to see people in Utah who climbed their way to the top and showed that same spirit that Bezos has. Although my favorite part of the evening was when the old astronaut came up and talked about the value of education and how that is what will shape our future. That was the part of the presentation that felt most relevant to me.”

“I found the interview with Jeff Bezos to be pretty awesome. All of the things he said really rang true with me, especially when he talked about the different types of people who succeed in business. It relieved me when he said that the people who love it usually make more money than the people whose sole purpose in life is to make money.”

“Thank you so very much for inviting us as students of Granite School District to join you all for the UTC Gala dinner. It was one of the best experiences of my life, and I had an excellent night. I so very much enjoyed being able to have my picture taken with Jeff Bezos and Senator Orrin Hatch. Through the night I was able to get in contact with a couple different companies, and find out what their intentions are, and make myself known to them for hopefully, future career opportunities. One of my favorite parts of the night, and the biggest thing I took home from this was when Mr. Bezos talked of how he first started Amazon. He had almost no money, and was working out of his garage, with only a few of his friends, and very limited resources. Though it was a struggle they managed to get up on their feet and succeed big time. Though many of their products failed, many did not. A thought to take into consideration is never give up, in the end with hard work, comes great rewards. Again, thank you so much for having us as guests, you have really inspired me for the future to come.”

Senator Jake Garn's Speech

Utah Tech Hall of Fame Adding Lampropoulos, James

Wed, 28 Nov 2012 05:00:00 GMT

Honors • Amazon.com founder to speak at Friday event at Grand America.

By Tom Harvey

The Salt Lake Tribune

Published: November 28, 2012 02:15PM
Updated: November 28, 2012 08:31PM

Al Hartmann | Tribune file photo Josh James is founder and CEO of Domo Inc.

The Utah Technology Council is installing two Utah entrepreneurs in its Hall of Fame, Josh James and Fred Lampropoulos.

They are to be honored Friday at an event at the Grand America Hotel that will feature an address by Jeff Bezos, the founder and CEO of Amazon.com.

Fred Lampropoulos

He founded medical device maker Merit Medical in 1987 and grew it to today’s 2,700 employees and estimated revenue this year of around $400 million.

Lampropoulos had previously been CEO of Utah Medical, where he developed ideas for products and then launched Merit Medical to bring them to market.

“We financed it originally out of our own pockets,” he said. “A few years later, we did a public offering and raised a little over $2.7 million.”

Lampropoulos served in the military and attended Westminster College and the University of Utah, although he did not graduate. He describes himself as “self-taught” with help from “a lot of people.”

Merit Medical focuses on disposable medical devices, particularly in cardiology, radiology and endoscopy. It spends about $30 million a year on research and development, and Lampropoulous is named as an inventor or co-inventor on about 200 patents.

He described himself as having a “marketing and sales mind that finds out what people are doing and says, ‘I can do better than that. Here’s an idea,’ and then I work with my engineers to develop it.”

He has received the Governor’s Medal for Science and Technology and was inducted into the Utah Business Hall of Fame. Lampropoulous also has received honorary degrees from Westminster and Salt Lake Community College.

Asked how he managed to build such a successful company, Lampropoulos said even at age 63 his sleep over Thanksgiving week averaged about three hours a night.

“I think it’s drive. I think it’s responsibility,” he said. “I have 2,700 families I’m responsible for. I take that very seriously.”

Josh James

He co-founded the Web traffic data analytics company Omniture Inc. in 1996 while a student at Brigham Young University. He took the company public in 2006 and three years later sold it to Adobe for $1.8 billion.

James left Adobe and in 2011 launched Domo Inc., whose software and services delivered over the Internet provide a company ‘s leadership with real-time information about business operations. James, 39, has raised $63 million to fund the startup company.

James said the inspiration for founding Domo was frustration he experienced as CEO of Omniture, where he found the company had lots of information about its operations but that accessing it sometime took weeks and great effort. Then, it was old by the time he saw it.

“I would get a couple of dozen reports in my email every month, and I would have a user name and password for 20 different systems that I could log into,” he said last year in an interview.

With Domo, he aims to bring information on cash flow, employees, customers experiencing problems and other data instantly to the computer and mobile screens of executives. Businesses need real-time data to be competitive, he said.

James is passionate about promoting entrepreneurship in Utah. He founded CEO.com to provide people who establish companies and other executives with news and trends across industries. He also founded Silicon Slopes, an initiative to promote high-tech companies in Utah.

The Mountain West Capital Network named James Entrepreneur of the Year in 2011, and Fortune magazine recognized him as one of its “40 Under 40: Ones to Watch.” He was named the 2006 Ernst & Young Entrepreneur of the Year and Brigham Young University’s Technology Entrepreneur of the Decade.

He also was named one of the World Economic Forum’s Young Global Leaders for 2012.

harvey@sltrib.com

Twitter: TomHarveySltrib

Merit Medical Signs Agreement to Acquire Thomas Medical Products, a Unit of GE Healthcare

Tue, 27 Nov 2012 05:00:00 GMT

SOUTH JORDAN, Utah, Nov. 26, 2012 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. ("Merit") (Nasdaq:MMSI), a leading manufacturer and marketer of proprietary disposable devices used primarily in cardiology, radiology and endoscopy, today announced that it has entered into a stock purchase agreement to acquire Thomas Medical Products, Inc. ("Thomas Medical") from GE Healthcare in an all-cash transaction valued at approximately $167 million, subject to customary post-closing adjustments.

Thomas Medical, based in Malvern, Pennsylvania, designs and manufactures catheter-based vascular access delivery devices for diagnostic and therapeutic procedures in electrophysiology ("EP"), cardiac rhythm management ("CRM"), interventional cardiology and interventional radiology applications, primarily on an OEM basis. Merit believes Thomas Medical's products are recognized as "gold standard" by many of the leading CRM and EP market participants. Merit currently anticipates that during the year ending December 31, 2012 Thomas Medical will generate revenues of approximately $37 million and have gross and operating margins of approximately 55% and 44%, respectively, on a pro forma basis.

Merit intends to finance the full amount of the purchase price through the expansion of Merit's existing credit facility to $275 million, which Wells Fargo Bank has committed to provide in a single bank transaction. Merit expects the acquisition to be immediately accretive to its net earnings on a non-GAAP basis, adjusted for deal costs, one-time purchase accounting directives and amortization of intangibles. Furthermore, Merit has identified substantial growth and pull-through opportunities from the anticipated integration of Thomas Medical's products within its existing OEM business and capitalizing on its direct sales or dealer presence worldwide. Merit also expects it will be able to take advantage of tax benefits with approximately $43 million of net present value.

"We believe this transaction will help expand our market presence into new product categories, particularly in interventional cardiology," said Fred P. Lampropoulos, Chairman and Chief Executive Officer of Merit. "A majority of cardiac rhythm access procedures utilize products of the nature manufactured by Thomas Medical. We believe substantial international expansion opportunities exist, especially in China, Japan, Russia and the Gulf States, as well as significant new product development opportunities based on know-how and existing intellectual property."

"In addition, Thomas Medical has a number of existing electrophysiology products that are distributed by the larger medical device companies, as well as other EP products being developed," Lampropoulos continued. "We believe this segment of the business, which likewise represents potential expansion into new product categories, has the potential to be a driver of substantial future growth."

Tom Gentile, President and Chief Executive Officer of GE Healthcare's Healthcare Systems division, said, "We are confident this transaction will provide Thomas Medical new capabilities to maximize its opportunities in the single-use vascular access product space and enable GE Healthcare's Cardiovascular segment to remain focused on its core strengths as a provider of total Integrated Cardiology Lab solutions. In addition, we believe Merit Medical will bring a huge amount of expertise in these segments to take Thomas Medical to the next level."

The transaction has been approved by Merit's board of directors and is subject to the satisfaction or waiver (in accordance with the provisions of the stock purchase agreement) of certain closing conditions, including clearance under the Hart-Scott-Rodino Antitrust Improvements Act and other customary conditions. Merit currently anticipates that the proposed transaction will close prior to December 31, 2012. The transaction is not subject to a financing condition, as Merit has secured a commitment from Wells Fargo to expand Merit's existing credit facility to an amount that Merit believes will be sufficient to consummate the proposed transaction.

In connection with the proposed transaction, Piper Jaffray & Co. served as financial advisor to Merit and rendered a fairness opinion to Merit's board of directors. Raymond James Financial, Inc. also rendered a fairness opinion to Merit's board of directors. Parr Brown Gee & Loveless served as the legal advisor to Merit. Moelis & Company LLC served as financial advisor and Paul Hastings LLP served as legal advisor to GE Healthcare.

CONFERENCE CALL

Merit will host a conference call to further discuss the details of the proposed acquisition today, November 26, 2012, at 5:00 p.m. Eastern (4:00 p.m. Central, 3:00 p.m. Mountain, and 2:00 p.m. Pacific). The domestic phone number is (888) 549-7750 and the international number is (480) 629-9722. A live webcast as well as a rebroadcast of the conference call can be accessed through the Investors page at www.merit.com or through the webcasts tab at www.fulldisclosure.com.

PIPER JAFFRAY HEALTHCARE CONFERENCE

On Wednesday, November 28^th, at 12:30 p.m. ET, Merit's management will give a 30-minute presentation regarding Merit's history, products, financial performance and prospects, as well as the agreement to acquire Thomas Medical, at the 24^th Annual Piper Jaffray Healthcare Conference being held at The New York Palace.

ABOUT MERIT

Founded in 1987, Merit Medical Systems, Inc. is engaged in the development, manufacture and distribution of proprietary disposable medical devices used in interventional and diagnostic procedures, particularly in cardiology, radiology and endoscopy. Merit serves client hospitals worldwide with a domestic and international sales force totaling approximately 165 individuals. Merit employs approximately 2,600 people worldwide with facilities in Salt Lake City and South Jordan, Utah; Angleton, Texas; Richmond, Virginia; Maastricht and Venlo, The Netherlands; Paris, France; Galway, Ireland; Beijing, China; Copenhagen, Denmark; and Rockland, Massachusetts.

The Merit Medical Systems, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3282

This press release contains forward-looking statements regarding, among other things, Merit's proposed acquisition of Thomas Medical and Merit's and Thomas Medical's financial position, results of operations, product development and business strategy, as well as estimates of Merit's future operating and financial performance and earnings per share. Statements including words such as "believes," "expects," "anticipates," "intends," "estimates," "plans," "will," "may," "intend" or similar expressions are forward-looking statements. Because these statements reflect Merit's current views, expectations and beliefs concerning future events, these forward-looking statements involve risks and uncertainties. Readers should note that many factors could affect the proposed acquisition, as well as future financial results, and could cause actual results to vary materially from those expressed in forward-looking statements set forth in this release. These factors include, but are not limited to, the risk that the proposed transaction will not close; the risk that, if the proposed transaction does close, Merit will not be successful in its efforts to integrate the operations of Thomas Medical with its existing operations; the risk that Merit may not achieve the financial and operating results it currently believes Thomas Medical will generate subsequent to the completion of the proposed acquisition; the risk that Merit will be unsuccessful in its efforts to develop, commercialize and market new products acquired through the proposed transaction (or products developed through the use of intellectual property acquired through the transaction); and the risk that Merit will be unable to obtain the financing or regulatory approvals necessary to complete the proposed acquisition and pursue its intended business strategy. Other factors that may affect Merit's future financial results and could cause actual results to vary materially from those expressed in this release include product recalls and product liability claims; expenditures relating to research, development, testing and regulatory approval or clearance of Merit's products and risks that such products may not be developed successfully or approved for commercial use; greater governmental scrutiny and regulation of the medical device industry; reforms to the 510(k) process administered by the U.S. Food and Drug Administration; compliance with governmental regulations and administrative procedures; potential restrictions on Merit's liquidity or its ability to operate its business by its current debt agreements; possible infringement of Merit's technology or the assertion that Merit's technology infringes the rights of other parties; the potential of fines, penalties, or other adverse consequences if Merit's employees or agents violate the U.S. Foreign Corrupt Practices Act or other laws and regulations; laws targeting fraud and abuse in the healthcare industry; potential for significant adverse changes in, or failure to comply with, governing regulations; the effect of changes in tax laws and regulations in the United States or other countries; increases in the price of commodity components; negative changes in economic and industry conditions in the United States and other countries; termination or interruption of relationships with Merit's suppliers, or failure of such suppliers to perform; fluctuations in Euro and GBP exchange rates; Merit's need to generate sufficient cash flow to fund its debt obligations, capital expenditures, and ongoing operations; concentration of Merit's revenues among a few products and procedures; development of new products and technology that could render Merit's existing products obsolete; market acceptance of new products; volatility in the market price of Merit's common stock; modification or limitation of governmental or private insurance reimbursement policies; changes in health care markets related to health care reform initiatives; failure to comply with applicable environmental laws; changes in key personnel; work stoppage or transportation risks; uncertainties associated with potential healthcare policy changes which may have a material adverse effect on Merit; introduction of products in a timely fashion; price and product competition; availability of labor and materials; cost increases; fluctuations in and obsolescence of inventory; and other factors referred to in Merit's Annual Report on Form 10-K for the year ended December 31, 2011 and other materials filed with the Securities and Exchange Commission. All subsequent forward-looking statements attributable to Merit or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Actual results will differ, and may differ materially, from anticipated results. Financial estimates are subject to change and are not intended to be relied upon as predictions of future operating results, and Merit assumes no obligation to update or disclose revisions to those estimates.

CONTACT: Anne-Marie Wright, Vice President, Corporate Communications Phone: (801) 208-4167 e-mail: awright@merit.com
 Fax: (801) 253-1688

Jeff Bezos to Keynote UTC Hall of Fame Event Nov. 30; Last Week to Register

Mon, 26 Nov 2012 05:00:00 GMT

-Josh James and Fred Lampropoulos to be inducted into the UTC Hall of Fame-

SALT LAKE CITY (Nov. 19, 2012) – Jeff Bezos, CEO of Amazon.com, will offer his unique insights to Utah’s business leaders at the Utah Technology Council (UTC) Hall of Fame Celebration the evening of November 30 at the Grand America Hotel in Salt Lake City. The annual event will induct Josh James, CEO of Domo and co-founder of Omniture, and Fred Lampropoulos, CEO of Merit Medical, into the UTC Hall of Fame.

“We are exhilarated to have Jeff Bezos, the number one CEO in America, help us celebrate this year’s Hall of Fame!" said Richard R. Nelson, president and CEO of the UTC. “As founder and CEO of the most successful e-commerce company on the planet, it will be an amazing experience for top executives in our industry and Utah's business and community leaders to come together in this one-of-a-kind Innovation Economy event to listen to his insights. Mr. Bezos is a fitting keynote for our two inductees — Josh James and Fred Lampropoulos, as nationally-recognized founders and longtime CEOs, who continue to make a huge impact on our state creating high-paying jobs and a progressive image.”

The Annual Hall of Fame event honors individuals with Utah ties who have made global contributions to the information-technology, life-science and clean-tech industries through new technology, innovation and leadership. This is the last week to register for this year’s black-tie event.

Jeff Bezos

Jeff founded Amazon.com in 1994 whose mission is to be Earth's most customer-centric company. Amazon offers low prices and fast delivery on millions of items; designs and builds the best-selling Kindle tablet; and empowers companies and governments in over 190 countries around the world with its leading cloud-computing infrastructure through its Amazon Web Services offering. He was named TIME Magazine’s Person of the Year in 1999.

2012 Inductees:

Fred Lampropoulos

Fred has been a recognized leader in the medical device industry for more than 30 years. After serving as the Chairman and Chief Executive of Utah Medical, Fred founded Merit Medical Systems, Inc. in 1987, where he currently serves as Chairman and CEO. He has invented and holds almost 200 patents on devices used in the diagnostic and therapeutic treatment of cardiovascular disease.

Since 1987, Merit Medical has grown from a start-up company to a publicly-traded company forecasting revenues of approximately $400 million in 2012. The company started in a small manufacturing facility in Salt Lake City and now has manufacturing and distribution capabilities in Salt Lake City and 10 other locations around the world. With approximately 2,700 employees, Merit Medical has achieved a world leadership position in many areas. He is committed to building a company of lasting value that will provide employment for thousands of families for years to come.

Josh James

Josh founded Domo in 2010 to disrupt the $14 billion business-intelligence market and change the face of enterprise software. Before Domo, he was the longtime CEO of Omniture, which he co-founded in 1996 and took public in 2006; and from 2006-2009, he was the world’s youngest CEO of a public company.

Omniture, the first enterprise SaaS/cloud company, was the number-one returning venture investment out of 1,008 venture capital investments in 2004, as well as the number-two-performing technology IPO of 2006. Omniture was also the fastest or second fastest-growing public company globally for three consecutive years. In 2009, Josh facilitated Omniture's $1.8 billion sale to Adobe, which was the biggest M&A transaction in Utah at the time.

About The UTC Hall of Fame

The Hall of Fame celebration is the year’s largest gathering of Utah technology executives. UTC invites members of Utah's technology industries, as well as business and community leaders, to join in honoring this year's inductees.

This year’s Hall of Fame inductees join past recipients Stephen Aldous, Alan Ashton, David Bailey, Dale H. Ballard, Bruce Bastian, H. Raymond Bingham, Nolan Bushnell, Greg Butterfield, Edwin Catmull, James Clark, Gary L. Crocker, Bernard Daines, David Evans, Philo Farnsworth, Mark Fuller, Stephen Jacobsen, Jim Kajiya, Alan Kay, Spencer Kirk, Michael O. Leavitt, Drew Major, Peter Meldrum, Raymond Noorda, Dinesh Patel, Shane Robison, Kevin Rollins, Mark Skolnick, James LeVoy Sorenson, David Spafford, Theodore H. Stanley, Thomas Stockham, Jr., Ivan Sutherland, Homer Warner and John Warnock.

In addition to Palladium title sponsor Domo and Platinum Plus sponsors Adobe and Zions Bank, other sponsors include General Atlantic, LANDesk, Oracle, KPMG, Utah Business, Century Link, ConsultNet, Crocker Ventures, Novell, Snapp Conner PR, SolutionStream, Wells Fargo and Workman Nydegger.

For more information or to register for the Hall of Fame, visit www.utahtech.org or call (801) 568-3500. To be an event sponsor, please call or email dspann@utahtech.org.

About the Utah Technology Council

Utah’s premier professional association, the Utah Technology Council has grown 13 percent a year for the past ten years becoming the essential business resource for high-tech, life science and clean-tech companies seeking to achieve greater success. At its core, UTC exists to foster the Growth of the state’s 7,000 technology companies, ensure Utah develops the highest Quality Workforce in the nation and attract an ever-increasing array of Funding. Members join UTC to share insights and connect with industry peers, counsel with government and academic leaders, and receive help from professional service providers and funding resources. For more information on becoming a member of the UTC, please email dspann@utahtech.org or call (801) 568-3500.

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UTC PR Contact:
Judy Young, Executive Director
T) 801-568-3500
jyoung@utahtechcouncil.org

PR Agency Contact:
Cheryl Snapp Conner
Managing Partner, Snapp Conner PR
P-801 994-9625
C-801 376-2158
cheryl@snappconner.com

Online Classes Enrollment Update

Tue, 20 Nov 2012 05:00:00 GMT

Right now is the time for high school students to enroll in online courses for SECOND SEMESTER! Remember, if they are enrolled in seminary, they can take an online course without having to change their class schedule. It's not too late! Students can still take advantage of Utah's newest public school choice option.

In fact, enrolling in online courses through the Statewide Online Education Program just got a lot easier!

NEW STREAMLINED PROCESS FOR SUBMITTING YOUR ONLINE COURSE ENROLLMENT FORM (CCA)
No more hassles! Now you can register for online classes in one easy step! After selecting the provider and the course you want to take, simply click on the enrollment form found on the USOE website here, complete all necessary fields and submit! The State Office of Education will take care of the rest!

Go HERE to Register Now

Inovar, Inc. Announces Changes in Executive Leadership Team

Mon, 19 Nov 2012 05:00:00 GMT

For Immediate Release

Inovar Inc.
1073 West 1700 North
Logan, UT 84321
d (435) 792-4949
Fax: (435) 792-4950

Web site: www.inovar-inc.com

Inovar, Inc. Announces Changes in Executive Leadership Team

LOGAN, UTAH — October 19, 2012 — Inovar Inc., announced executive team changes to further the company’s goals and mission. Effective November 1, 2012 Thomas Carlin, currently President of Inovar, will succeed Blake Kirby as Chief Executive Officer. Kirby will continue in his role as Chairman of the Board of Directors. Craig Rupp, currently Vice President of Engineering has been named as President.

“The executive team (Tom and Craig) has consistently displayed the leadership and skill to ensure Inovar continues to deliver the highest levels of quality and service to its customer base,” said Blake Kirby.

For more information about Inovar Inc., visit www.inovar-inc.com.

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About Inovar Inc.

As a premier EMS company, in high mix, low to mid-volume electronic assembly, Inovar Inc. also provides a full range of electronics manufacturing services. The company’s value proposition includes Design Validation, Layout Services, DFM/DFT, Supply Chain Solutions, Printed Circuit Assembly, Test & Test Development, System Integration, Fulfillment and Reverse Logistics. This complete offering of services enables Inovar to become an extension of our partners. Our location and financial structure enable us to provide excellent value at very competitive prices.

Aribex Aquired by KaVo Dental Group

Thu, 15 Nov 2012 05:00:00 GMT

Aribex, the leader in portable X-ray technology joins KaVo Group’s impressive portfolio of dental brands

Orem, Utah – November 15, 2002 – Aribex, a worldwide leader in portable and handheld X-ray products, was recently acquired by the KaVo Group, an affiliation of leading global dental equipment brands effective immediately. The transaction was completed earlier this week and integration efforts have commenced.

Aribex, best known for the NOMAD handheld and portable X-ray systems, has global market leading technology that serves clinical, remote and mobile facilities throughout the world. Aribex uniquely serves the dental, veterinary, security and industrial inspection segments. Aribex is based in Orem, Utah and will continue to be the center of excellence for the portable X-ray business. Handheld and portable X-ray systems are the fastest growing segments in intraoral

X-ray systems and Aribex’s innovative products are supported by strong patents, intellectual property and a robust new product pipeline.

“We are thrilled to be joining forces with the KaVo Group, a world class dental organization that shares common values and a passion for success. The KaVo Group combines over 500 years of dental experience with leading global brands and will certainly bolster Aribex’s ability to further accelerate the adoption of handheld X-ray technology,” says Ken Kaufman, President of Aribex. The KaVo Group consists of market leading brands such as KaVo, Gendex, DEXIS, i-CAT, Instrumentarium, SOREDEX, Pelton & Crane and Marus. With the acquisition of Aribex, the
KaVo Group will reinforce its global imaging footprint and commitment to market leading innovation.

“We enthusiastically welcome the Aribex team and look forward to further acceleration and expansion of the portable X-ray market,” says Henk van Duijnhoven, Senior Vice President, Dental. “The synergies across our platform are immense from integrated R&D, advances in workflow, technology integration and a passion to advance the quality of care that our health care providers deliver. We also share a passion of serving our dealer partners with excellence.”

Integration efforts between Aribex and the KaVo Group are underway. The group does not anticipate any significant changes that would affect relationships with dealers, suppliers or users. The transaction is subject to regulatory approval and customary closing conditions, including the absence of a material adverse change with respect to the acquired business.

Statements in this document that are not strictly historical, including statements regarding the proposed acquisition, the expected timetable for completing the transaction, future financial and operating results, benefits and synergies of the transaction, future opportunities for the combined company and any other statements about managements’ future expectations, beliefs, goals, plans or prospects, may constitute forward looking statements. These are a number of important factors that could cause actual events to differ materially from those suggested or indicated by such forward-looking statements.

About Aribex
Aribex is the worldwide leader in portable and handheld X-ray products. Aribex® NOMAD X-ray systems are now in use in clinical, remote and mobile facilities throughout the world, from the finest professional offices to humanitarian missions reaching underserved populations who desperately seek care. The NOMAD significantly decreases costs and provides hundreds of safe, high-quality images for dental and veterinary applications on a single battery charge. For more information, visit www.aribex.com.

About KaVo Group:
The KaVo Group is an alliance of world class dental equipment brands united by common values of innovation, quality, exceptional customer service and market leading brands of relevance. The KaVo Group strategically unites leading dental equipment brands including KaVo, Pelton & Crane, Marus, Gendex, DEXIS, Instrumentarium, SOREDEX, Aribex and i-CAT together under one group identity. Collectively, KaVo Group brands represent over 500 years of innovation, quality and commitment to the dental community.

Financing Growth/Raising Capital in Today's Economy

Wed, 14 Nov 2012 05:00:00 GMT

Two directors at Mercato Partners , Aaron De Rose (bio) and Alison Wistner (bio) spoke to UTC members about the challenges of financial growth and raising capital in today's economy.

Audio | Photos available to members only

Winging It vs. Knowing It: Metrics for Success. How Do You Know Your Tech Business Is Succeeding?

Fri, 09 Nov 2012 05:00:00 GMT

Ask yourself these questions. How do you know when a product is ready to release? How do you know when a product has met your quality requirements? How do you know if your development team is running at optimal capacity? How do you know when your development team is doing too much? In this session, Jason Taylor (bio), responsible for all aspects of technology and product development at Allegiance, reviewed quality software development metrics and processes used by Fortune 500 companies as well as small companies. Regardless of the size of your development team, you can achieve a higher velocity, higher quality and happier employees.

Co-chairs for this Forum are Steven Zobell, Chief Technology Officer, AdvancedMD Software, Inc., and Kurt Williams, Chief Technology Officer, Mindshare Technologies.

Event Sponsor

Audio | Power Point | Photos Available to Members only

Grow America Announces Fall Competition Winners; Presents Plans to Expand Online Platform Nationwide

Tue, 06 Nov 2012 05:00:00 GMT

-Online Competitions will Facilitate National and International Growth in 2013 and Beyond-

SALT LAKE CITY, November 6, 2012 — For 150 entrepreneurial finalists, November 1 has been a night to remember. Grow America, the organization founded by entrepreneur, author and philanthropist Alan E. Hall, has selected and announced the winners of $250,000 in cash and awards at the Utah Fall Springboard competition event. With the help of celebrity judges Fraser Bullock, Amy Rees Anderson and Will West, together with audience voting, Grow America has selected and announced the following winners at the Utah Salt Palace Final Pitch competition event:

Growth Category:

1st Place: Crio, Inc. — $100,000
2nd Place: Contact Point — $50,000
3rd Place: Kisstix — $20,000
Crowd Vote: Crio, Inc. — $10,500

Start-up Category:

1st Place: Jigabot — $25,000
2nd Place: Active Alarm — $15,000
3rd Place: Spider Tie — $5,000
Crowd Vote: Jigabot — $3,500

Idea Category:

1st Place: Pop Alcorn — $10,000
2nd Place: Grass Wire — $7,500
3rd Place: Doctor Board — $3,500

At the event, Founder Alan Hall announced that Grow America will now expand its competitions entirely online via an expanded online platform. The web format will use the strength of the Internet and a newer and stronger social media platform to facilitate mentoring and community input to participating entrepreneurs.

In conjunction with today's news, Hall has also announced the appointment of Mark Hurst, of Connect Partners, to serve as Grow America CEO. Hurst has played a key role in the formation of the Grow America Springboard™ programs and in the creation of the Grow America brand.

Our two live competition events, the Utah Spring event and the Utah Fall event just completed on November 1 have been a spectacular way to unveil Grow America and its mission and goals to the world, said Hurst. We thank everyone involved—our partners, our team members and most especially the regional entrepreneurial community—for making our Utah launch of this national and international organization such a resounding success.

Grow America's online program is open and available now, and is currently offering competitions and prizes at www.growam.com. The company will also make further announcements as it migrates in the coming 1-2 months to a more robust platform that will allow the program to readily expand nationwide.

Grow America Springboard's founding partners include Zions Bank, Comcast Business Class, Comcast Spotlight, KUTV2, Utah Jazz and KJZZ-TV.

About Grow America

Grow America is a national and international company with a mission to create jobs and lift local economies. Grow America aligns the partners, mentors and capital that entrepreneurs need to create and grow tomorrow's successful companies. (For more information, visit www.GrowAm.com.)

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2012 Utah Life Science Summit, Presented by MD4, IBA, AdvaMed EGCC and UTC, to Feature Official Launch of Utah’s New, Independent Life Science Association

Mon, 05 Nov 2012 05:00:00 GMT

Utah’s Leading Life Science Event Includes Keynotes from a Diverse Array of Top Industry Leaders, Exceptional Networking Opportunities

SALT LAKE CITY (November 5, 2012) – The presenting sponsors of the 2012 Utah Life Science Summit – MD4 Utah, the Intermountain Biomedical Association (IBA), the AdvaMed Emerging Growth Company Council and the Utah Technology Council (UTC) – today announced that the 2012 event will feature the official launch of Utah’s independent, new life science industry association.

The third annual gathering of Utah’s premier life science event will be entitled “Utah Life Science Elevated: Growing and Leveraging the State’s Core Strategic Assets.” This single-day, multi-track event will take place Thursday, November 8, 2012 at The Grand America Hotel in downtown Salt Lake City.

The Conference will focus on the continued growth and leverage of our state’s key assets, as well as risk management from a variety of different perspectives.

Highlights of the event include keynote addresses from a variety of global industry leaders, including:

Leroy (Lee) Hood, founder of the Institute for Systems Biology and the P4 Medicine Institute, a leading father of modern systems biology and inventor of the transformative gene sequencer, gene synthesizer, protein sequencer and protein synthesizer
Stephen J. Ubl, President & CEO of AdvaMed
Thomas Novelli, VP of Government Affairs for the Medical Device Manufacturers Association (MDMA)
Ginger M. Sykes, FDA Consumer Safety Officer
Mark Leimbeck, Quality and Training Program Manager for Medical Certifications
Fred Lampropoulos, CEO of Merit Medical
Kelvyn Cullimore, CEO of Dynatronics
Andrew Routh, Senior Product Expert for the British Standards Institute (BSI)
And many others

The Summit will also include hands-on workshops and interactive panel discussions, as well as plentiful opportunities for networking with hundreds of top life science state and national leaders.

The Utah life sciences sector, a $14.6-billion industry, provides more than 63,000 Utah jobs. Average annual wages are more than 50 percent greater than those of the private sector, as reported in the Utah Cluster Acceleration Partnership (UCAP) Life Science Report, which was released in August 2012. UCAP is sponsored by the Utah System of Higher Education, the Utah Department of Workforce Services and the Utah Governor’s Office of Economic Development. The 2012 Summit will highlight the efforts of leaders in Utah’s education, business and government communities to develop the growth in the state’s life sciences arena. The potential economic advantages for Utah in actively developing its life science sector include significant job creation and attracting promising companies to Utah.

“We are honored to collaborate with IBA, UTC and AdvaMed to celebrate and accelerate the promise and growing critical mass of Utah’s life science community,” said Kimball Thomson, executive director of MD4 Utah and incoming CEO of the new Utah life science association that will be launched at the 2012 Summit. “The 2012 Summit will be a rare opportunity to actively participate in the creation of genuine life science history in Utah.”

“Utah has strategically pursued the growth and expansion of the Utah Life Sciences to provide our community with sustained opportunities and economic stability that provide a path for continued development and scalability,” added Peter Knauer, chairman of IBA. “It is critical that we collectively use our resources to maximize and elevate the Utah Life Sciences.”

Registration Information

To register and for more details, please visit

http://md4utah.org/events-calendar/2012-md4-iba-summit/register-page-for-md4-summit-event/ or http://ibaut.com/events/2012-iba-md4-annual-summit/. All Utah life sciences professionals are encouraged to attend the 2012 Summit.

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About MD4 Utah
MD4 Utah was created to help unify, catalyze, coordinate and consolidate activities and programs that will increase Utah’s influence as a major epicenter in the global life science sector. The organization exists to increase the economic impact of Utah’s life science sector/ industries by developing and disseminating information through a dynamic web portal, informative newsletters and events, and by supporting legislation and other key initiatives.

About IBA
The Intermountain Biomedical Association (IBA) is an association of Regulatory, Quality and Manufacturing professionals who seek to promote education, networking, and advocacy efforts in Utah’s life science field. IBA has a 20-year track record of delivering on these efforts through its all-volunteer board.

About AdvaMed Emerging Growth Company Council
The EGCC is the division of AdvaMed dedicated to providing avenues for increased involvement and visibility for smaller companies. Its purpose is to empower members and provide a forum to advocate their nterests, set an action agenda, and identify specific focus areas for the association to direct its resources to better serve the needs of Emerging Growth Companies.

About the Utah Technology Council
UTC exists to foster the GROWTH of the state’s 7,000-plus technology companies, ensure Utah develops the highest QUALITY WORKFORCE in the nation and attract an ever-increasing array of FUNDING. Members join UTC to share insights with industry peers, counsel with government and academic leaders, and receive help from professional service providers and funding resources

CONTACTS:

Kimball Thomson
Executive Director, MD4 Utah
T. 801.918.3637
kimball@phcsummit.org
www.md4utah.org

Peter Knauer
IBA Chairma
Knauer.peter@gmail.com
www.ibaut.org

In Downtown There is a Lot of Space Available Which Will Drive Pricing Down and Concessions Up

Thu, 01 Nov 2012 04:00:00 GMT

In downtown there is a lot of office space available which will drive pricing down and concessions up. Among the notable large blocks of space available are the old 218,000 sf Questar Building on 200 East and 100 South which emptied out when they moved this spring to a new building on 400 South and State. The Wells Fargo Building on 300 South and Main, has currently approximately 140,000 sf available. The 257 Tower at 257 East 200 South, has approximately 100,000 sf coming available the first quarter of 2013 when the FBI moves to a new building out by the airport. The only new building scheduled to break ground soon downtown is a building being developed by the Boyer Company on the southeast corner of 200 East and 100 South. It is scheduled to be named the 101 Tower and will contain approximately 180,000 sf on six floors.

In the suburbs, space has tightened up in some sub markets, but opening up in others. In the Cottonwood area, vacancies are currently running only about 5%. The new all glass, Old Mill Building on the off ramp to I-215 at 6200 South opened its doors in early November 90% leased and with rents in excess of $30 sf on a full service basis. That sets a new high bench mark in the county on rents. Conversely, The Pointe Building 2 located across the freeway from the prison, is opening its doors in December with a 120,000 sf building and at this writing, 100% vacant with asking rates in the low $20.00 sf range.

Greg Gunn helps companies and professionals solve their office space problems and has done so for over 30 years. Allow him to make your office space problems his problems. If you would like a copy of the Mid Year Market Report, or have any questions on the office market, please call or email Greg Gunn, Senior Vice President, at 801.947.8300 or greg.gunn@coldwellutah.com.

Election's Implications on Health Care Reform

Tue, 30 Oct 2012 04:00:00 GMT

Sterling Oaks, Area Vice President at Gallagher Benefit Services, Inc (bio), discussed the common health and benefit plan provisions a company should consider and the recent trends that are interesting. Mr. Oaks also covered what CFO’s need to know about the Supreme Court’s recent ruling on ObamaCare and what it means for your company.

Co-Chairs for this Forum are Morgan Brown and Steve Chesnut, Senior Vice President, Finance & Risk Management, Overstock.com

The CFO Forum is reserved for CFO’s, controllers and VP’s of Finance of UTC member companies. For information on becoming a member, please our Membership Director, Devin Spann at dspann@utahtech.org or call 801-568-3500.

Event Sponsor

Audio | PowerPoint | Photos available to members only.

Memo to Micro Managers: STOP! The 10 (Hardest) Steps to Effective Delegation

Sun, 28 Oct 2012 04:00:00 GMT

In my world as an investor, I find entrepreneurs who can’t let go of any task. For various self-declared reasons, they alone can complete a given assignment. Or even worse, they micro manage someone else’s work. Sadly, this personality type frequently delegates a task to a subordinate only to quickly take it back.

Innovators who behave in this manner rarely achieve greatness. I see this unfortunate behavior among entrepreneurs from time to time. For some reason, they don’t understand that one person cannot competently plan, prepare, organize and execute everything that needs to be accomplished within an organization.

These types of entrepreneurs are ego driven. They see themselves as the best and brightest; no one could be better than they are. They are arrogant, possessive, selfish and proud; not a great combination of attributes. The downside? Employees are always looking for work elsewhere. They become frustrated, angry and disruptive. Instead of delivering expected results, they waste time, miss deadlines and often sabotage processes. They feel abused by the founder and often find ways to reciprocate the disfavors.

If I have invested money in such a leader, I quickly find the progress I sought has not been completed. “What happened to the approved forecast on revenues, margins and expenses?” I ask. The answer; “I’ve been working as hard as I can but my worthless employees just aren’t trying hard enough. They’re lazy.”

“Really?” I respond.

Guess whose head rolls in the company? It’s not the workers. It’s the mindless and heartless boss who doesn’t get it. Oh, I’ve tried to educate, train, encourage and motivate such a leader on how to work with people. Believe me; I’ve done my best to change the poor behavior of managers. In the end, however, I’ve rarely succeeded. As a result, my axiom for the situation is – “It’s better to fire the leader than let a good company fold.” If you are reading this article and thinking to yourself, “Hey wait a minute, I’m just like the guy Alan terminates,” I strongly suggest you keep reading and follow the counsel I am about to impart.

Please note that every business founder and all supervisors, at all levels, in businesses large and small, need to delegate tasks to subordinates. Why, you ask? I believe there are several benefits to effective delegation:

1) Managers can get more important and urgent work done if they delegate lower-level priorities to subordinates. In essence, a leader can be more productive.

2) Leaders can better manage their own time. With a limited amount of perishable moments in a day, a wise leader will use each precious hour to concentrate on items that matter most to him and the company.

3) Smart entrepreneurs who entrust subordinates with assignments build better workers by letting them grow and improve their own skills. As such, they become even better contributors.

4) Employees who are trusted to carry out tasks feel respected and appreciated. When treated kindly they are loyal and energetic. They also remain committed and continue with a company longer.

5) Lastly, managers who delegate wisely will be successful and rewarded for their accomplishments.

If you’re beginning to fear the repercussions of your micro managing, consider these time-tested delegation principles to change your ways before it’s too late:

Consider what might be delegated to another worker and why. Explain its purpose and how it fits into the company’s overall objectives. Consider developing a list of tasks. Rank the most important and urgent assignments “A.” These you keep and execute. Delegate to a subordinate the “B” tasks that are still important but not critical. Any tasks on the “C” list can wait for another day.
Determine if a task should be completed in the near term or long term. Mutually agree with the project owner on a deadline.
Select the best person, from a pool of candidates, to complete the assignment. Give the employee the authority and responsibility he or she needs to accomplish the proposed workload. Tell the employee he now owns the project.
Clearly explain the task, with specific expectations of what is to be achieved, including timelines, connections with other workers and budgets. Ask the employee to reiterate the assignment. Do they understand clearly? Be sure the task list includes who the task is for, where it should be done, and perhaps how it might be done. As to this last point, I prefer letting the project owner develop her own methodology for finishing a given assignment.
Provide the project owner with training, support and resources.
Ask for regular progress reports. During this meeting, the delegator and the project owner should discuss any barriers, problems or achievements. If at all possible, the project owner – not you – should find solutions to their issues.
Allow the owner to fail. What? We all learn from botched jobs. Such experiences are extremely valuable and provide a basis for future successes. If the job is critical and can’t fall short, don’t delegate it!
Receive a final completion report. Again, this is an optimal opportunity for you and the project owner to review a finished task. Both parties should take the time to learn from the process and determine what needs to happen differently in future projects.
Express appreciation for a job well done. Reward performance. Celebrate. Invite the employee to accept another assignment. Feeling your approval and gratitude will help keep them motivated for success.
Ask the employee how you, as a leader, might improve the delegation process. This is the time for you to take note and make some personal improvements.

Do you recognize yourself in this article? Do you still have your job? Good. If you act quickly, there’s still time to run an intervention before your investor arrives.

Any questions? You can contact me at @AskAlanEHall or send me an email at www.AlanEHall.com.

Author: Alan Hall | Google+

Keywords - The Key to Qualified Applicants

Thu, 25 Oct 2012 04:00:00 GMT

"Keywords - The Key to Qualified Applicants "

As the job seeker’s access to information has evolved from the world of newspaper classifieds, to job boards, to now being ruled by job aggregators, social networks, and search engines, it is vital for HR professionals to understand the different ways that these technologies work and learn to use this knowledge to their advantage. Gone are the days when even a badly written ad would generate applicants. Today’s job postings must be written properly or they may never be viewed at all.

The presentation began with a discussion on “keywords”, what they are, how to find the correct ones for your ad and why it is essential to have the correct keywords. Then reviewed the different types of job boards and job marketing platforms that are available to employers. This section also discussed how each differs, not just in the target market but also in the underlying technology they use to allow job seekers to find and view jobs. Next they discussed the different strategies used to generate the most qualified applicants from each individual site, especially those that depend upon keyword searching. Because proper selection and use of keywords is vital to newer job board technologies, the remainder of the presentation covered the proper way to generate a list of potential target keywords for each job, including which free online tools to use to verify the keywords selected are used by their target job seekers.

Objectives

Understand how keywords affect how often your job listing is viewed on different job boards & search engines
Understand how words within a job posting can mean different things to employers verses job seekers
Be able to generate a list of potential keywords for each job listing
Understand which web-based tools can be used to determine the keywords that are used most often
Understand how to properly use keywords and job titles/descriptions based on where the job posting appears

About the Presenter

Ryan Kohler - Ryan is the CEO of JobMatch LLC, a provider of web-based hiring software and applicant tracking systems. Over 1000 companies currently use software provided by JobMatch to manage their career websites and track their hiring process. Ryan has an MBA from Southern Utah University and a background in web-based marketing which provides him with a unique perspective when it comes to online recruiting optimization and management. Ryan has been recognized in several local and national publications including the Salt Lake Tribune (Business Insight: Staring up on a shoestring), Utah Business Magazine (From the Ground Up), Workplace Magazine (Use Search Engines to Draw Qualified Candidates) and Talent Management Magazine (Use Search Engines to Draw Qualified Candidates). This year, Ryan’s organization has also received 2 prestigious awards, UVEF Top 25 under 5 and Utah Business Magazine’s “Emerging Eight”.

PowerPoint available to members only.

Social, Web and Mobile Marketing Tatics

Wed, 24 Oct 2012 04:00:00 GMT

Karli Slocum, Interactive Product Manager for Myriad Genetic Laboratories, Inc., discused the current and future Myriad Genetics digital strategy that combines social, web and mobile marketing tactics to spread awareness and ultimately drive revenue.

Karli attended Illinois State University where she received a Bachelor of Science in Business Administration. Prior to her time at Myriad, Karli was responsible for International Marketing at Careerbuilder.com. During her career at Myriad, Karli has been involved with developing and implementing a full digital strategy for the organization. This includes website development, application development, social media, online marketing, email marketing, and more.

Event Sponsor

PowerPoint | Photos available to members only.

Private equity firm to buy Ancestry.com for $1.6B

Mon, 22 Oct 2012 04:00:00 GMT

(AP) - Genealogy website Ancestry.com has agreed to be acquired by a group led by European private equity firm Permira Funds in a cash deal valued at about $1.6 billion.

The offered price of $32 per share is a nearly 10 percent premium over Friday's closing price of $29.18. Ancestry.com's shares jumped 7.8 percent, or $2.26, to close at $31.44 Monday.

The company operates a website for researching family history and has more than 2 million paying subscribers. It says more than 10 billion records have been added to its site over the past 15 years. The company develops and acquires systems that digitize handwritten historical documents, and it works with government archives, historical societies and religious institutions around the world.

Earlier this year, Ancestry.com created a nationwide name index from the 1940 U.S. Census after the National Archives posted it online. The index makes it easier for researchers to look up digital images of the actual census forms on Ancestry.com's website because they don't need a subject's exact address.

Cantor Fitzgerald analyst Youssef Squali called Ancestry.com "the world's largest online resource for family history" in a recent note.

Ancestry's services were used on the NBC show "Who Do You Think You Are?" which tracked celebrities as they researched their family history. Ancestry.com also was a sponsor of the show, and its shares took a hit in May, when NBC said it would not renew for a fourth season.

But Squali said the show will likely be revived on a cable network.

The company went public in 2009. Last year, it earned $62.9 million, or $1.29 per share, on nearly $400 million in revenue.

Ancestry.com said Monday the $32-per-share buyout offer represented a 41 percent premium over its closing price in early June before reports surfaced that the company had retained a financial adviser for a possible sale. Company shares have climbed from around $21 in early June and hit a 52-week high of $33.80 in early August before dropping back.

In July, The New York Times had reported that Ancestry.com was in talks with Providence Equity Partners and TPG Capital, as well as Permira, about a possible deal.

Citi analyst Mark S. Mahaney said in a research note he didn't anticipate a new bidder emerging for the company "given that the sales process appears to have been ongoing for at least (four) months."

Mahaney said he has long viewed Ancestry.com as an attractive asset. He noted that the company has an increasing global presence and "a significantly under-penetrated market opportunity."

Ancestry.com said there will be no anticipated changes in its operating structure with the deal. The company will remain based in Provo, Utah, and it will continue to focus on investing in content, technology and expanding product offerings in areas like DNA.

CEO Tim Sullivan and Chief Financial Officer Howard Hochhauser will keep a majority of their equity stakes, and Spectrum Equity will remain an investor. Spectrum owns a 30 percent stake in the company.

The company expects the deal to close early next year. It will announce third-quarter earnings on Wednesday.

Under the Lens: Launch Leads

Wed, 17 Oct 2012 04:00:00 GMT

1. What is your company doing that is absolutely unique?

We do the cold calling for tech companies, so they don't have to. Not many people can say that :) We are a very niche call center that helps to develop sales opportunities for our clients.

2. What is most interesting about your company's internal culture?

We hire on 3 key characteristics:
1. Positive Attitude
2. High Integrity
3. Great Work Ethic

So we have an above average happy and positive crew! Our website shows a bit of that too.

3. How long have you been in business and why did you establish your business in Utah?

We have been in business almost 4 years. We decided to start here because of our network and the great ability to find talented staff members.

4. How is your company affecting change?

We are improving the economy by increasing sales for each of our clients. What we do allows our clients to focus on closing new business, and lets us do the heavy lifting of cold calling, lead verifying, and qualification.

5. What are the aspects of UTC that are most valuable to you?

We LOVE the UTC!! Since almost day one of starting this business we have been involved and I can attribute a lot of our growth to the people and knowledge that we have gained from being a member of UTC

Learn more about Launch Leads

Bosses: What Will You Do Differently Today?

Tue, 16 Oct 2012 04:00:00 GMT

I awoke this morning anticipating a National Boss Day like years' past: a happy acknowledgement of bosses everywhere — cards signed by staff, inspirational stories, and perhaps even parties of celebration here and there. Instead, after reading the findings of the first Bad Boss Study, I find myself saddened by the number of bad bosses in America who should be hanging their heads in shame.

Released by psychologist, Michelle McQuaid, the study is based on interviews of 1,000 U.S. workers across the country of all ages in a wide variety of professions — and its conclusions are nothing short of alarming:

Almost a third (31%) of employees polled feel uninspired and unappreciated by their bosses — and close to 15% feel downright miserable, bored, and lonely.
Only 38% describe their boss as "great," 42% say their bosses don't work very hard, and close to 20% say their bosses have little or no integrity.
Close to 70% say they'd be happier at work if they got along better with their bosses. That breaks down equally among men and women, but rises to an astonishing 80% among workers in their 20s and 30s.
Close to 60% say they'd do a better job if they got along better with their bosses.
When stress levels rise at work, a disturbing 47% say their bosses do not stay calm and in control (although, to be fair, 70% of the boomers say their bosses keep their cool when the heat is on).

A recent Gallup poll I wrote about a few months ago on employee engagement came to a similar conclusion, finding that engaged employees are twice as likely to stay with an organization but that more than half (about 54%) of U.S. employees were not engaged in their organizations.

Overall conclusions: Many bosses lack integrity and work ethic and are leaving U.S. workers feeling unappreciated, uninspired, lonely, miserable, and bored at work. Ouch.

Still, McQuaid points out, there's hope: Almost 10% of those polled said they will use today as an opportunity to talk to their bosses and improve their relationships.

As bosses, we can do better. Let today be the day we recognize the responsibility we hold for the lives of the tremendous individuals who work in our companies and who serve our customers. As a boss, what will you do differently today?

Here are six simple suggestions to make your employees feel more valued and engaged before you lose them:

Communicate: Do your employees really know who you are? Do they know what you stand for? If not, tell them. Welcome new employees personally. Hold — and be involved in — regular staff meetings. Send out regular company e-mails with your personal insights and strategy. Make people feel like they are in the loop, and they'll feel more engaged and more positive about you as a boss.

Be Positive: Encourage everyone. Show empathy when employees mess up. Even when they're in the wrong, always try to weave something positive they've done into the conversation. Give them the confidence they need to repair any damage and succeed.

Be Honest: If you say you're going to do something, do it. Period. If circumstances require a change in plans, go back to step 1: Communicate.

Set Goals: Do your employees know what's expected of them? Are these goals written down and measured? Do your people have the resources to reach these goals? Don't make your employees guess about whether they're doing enough or fulfilling your expectations. When they have measureable goals you've both agreed to, they'll know if you're happy or if they need to step it up a notch.

Show Support: Support your employees' career development and growth by providing training programs. Send them to conferences to help them advance both the company and their careers. Keep them engaged in the industry, and they'll continue to be engaged with you and the company.

Reward: Are your employees rewarded for a job well done? Give them financial bonuses. Personally congratulate them and let them know how much they're appreciated. Keep them posted on what resulted from their work. Sometimes a simple pat on the back and "good job" is enough to change an entire relationship for the better.

You may not convince every employee that you're concerned about them personally, but if you follow at least a few of these suggestions, you can hold your head up high when next year's National Boss Day rolls around.

Alan E. Hall

Investor and serial entrepreneur Alan E. Hall is the founder and chairman of sales-outsource firm MarketStar, and the founder of Grow America, an organization dedicated to helping entrepreneurs nationwide. He can be reached at AlanEHall.com or on Twitter at @AskAlanEHall .

Merchants Fighting Fraud Online -- But Not Effectively, Reveals Study by SignatureLink and CardNotPresent.com

Mon, 15 Oct 2012 04:00:00 GMT

RIDGELAND, Miss. and NEWBURYPORT, Mass., Oct. 15, 2012 /PRNewswire via COMTEX/ -- Although most merchants have made a concerted effort to fight e-commerce fraud, their methods are largely ineffective against fraudsters and off-putting to consumers, according to a new survey conducted jointly by leading card-not-present (CNP) industry news source CardNotPresent.com and eCommerce stabilizer SignatureLink, Inc.

The SignatureLink SecureBuy(TM) 2012 CNP Fraud Study, conducted in August and September 2012, polled 379 online and offline merchants of all sizes about their anti-fraud efforts.

CardNotPresent.com and SignatureLink expected to find that many merchants were ignoring the threat of payment fraud and simply accepting chargebacks as a cost of doing business online. As it turns out, study respondents are not only aware of fraud, a full 65% are attempting to address it through active verification systems like Verified by Visa and MasterCard SecureCode. That's an admirable effort, said SignatureLink CEO Greg Wooten, but it's often a case of the cure being worse than the disease.

"We applaud the many merchants using active authentication techniques," Wooten stated, "but the user experience could be improved among legitimate customers by deploying risk-based passive authentication to invoke active authentication."

The study also showed that 52% of merchants are performing pre-fraud screening, typically geolocation of the customer's IP address. Unfortunately, fraudsters can easily manipulate those screening solutions.

"Very few merchants are using second-generation geolocation solutions," explained Wooten. "The problem is that a fraudster with any skill whatsoever simply spoofs his IP address and easily bypasses a first-generation geolocation filter. The merchant ends up with a false sense of security while remaining vulnerable to fraud."

Perhaps the greatest opportunity for merchants to shore up their e-commerce fraud fighting efforts lies in chargeback prevention and management. The SignatureLink SecureBuy(TM) 2012 CNP Fraud Study revealed that only 10% of merchants collect the buyer's consent to their terms and conditions (T&Cs) and refund policies through voice or signed consent. Of the remaining 90% of merchants, 50% simply require the customer to check a box during the online checkout process, and 40% never require the buyer to consent to anything at all.

That means 90% of merchants engaging in e-commerce are leaving themselves wide open to Cybershoplifting(TM), where the customer makes a purchase, receives the merchandise, and then disputes the transaction with his or her credit card company, triggering chargebacks for merchants.

"That in itself is a problem," noted Steven Casco, founder and publisher of CardNotPresent.com, "because our study also found that over 60% of merchants never have the buyer's signature on file for any transaction, and over half of merchants lose the chargeback representment process almost every time."

Moreover, a link or pop-up to a merchant's T&C does not solve the problem. "This approach is not in line with current regulatory standards and is actually considered deceptive," stated Wooten. "There's no way for either side to prove their case or to determine what the T&Cs were for a given transaction. Had they captured a signature within the sales draft that carried a true chain of custody, it would be a different story -- because in the e-commerce fraud space, the signature ultimately rules."

The full results of the SignatureLink SecureBuy(TM) 2012 CNP Fraud Study are available at: http://www.signaturelink.com/2012-cnp-fraud-study.html

About CardNotPresent.com

As one of the only sources of content focused solely on the growing card-not-present (CNP) segment of the payments industry, CardNotPresent.com is an independent voice generating original news, information, education and inspiration for and about the companies and people operating in the CNP space. The company's media platforms include the CardNotPresent.com portal, CNP Report, CNP Expo, and CNP Awards. Sign up for free to receive the twice-weekly CNP Report featuring comprehensive coverage of the CNP payments space at www.cardnotpresent.com/signup/

About SignatureLink, Inc.

Founded in 2002, SignatureLink, Inc. is the eCommerce stabilizer. The company debuted its patented, electronic handwritten signature technology -- the online signature pad -- in 2005. Since then, SignatureLink has diligently developed products that help online retailers successfully fight Cybershoplifting(TM) and other forms of eCommerce fraud to lower the cost of payment acceptance and increase profits. Visit http://www.signaturelink.com/ for more information.

Contact:

David FergusonSignatureLink, Inc.800-511-2050 pr@signaturelink.com

This press release was issued through eReleases® Press Release Distribution. For more information, visit http://www.ereleases.com/.

Under the Lens: Fusion-io

Mon, 15 Oct 2012 04:00:00 GMT

1. What is your company doing that is absolutely unique?

Fusion-io is changing the way companies architect their datacenters with our ioMemory platform. Before Fusion-io, datacenter storage architectures had changed very little over the past few decades, despite the fact that our use of data has been growing exponentially as we upload, download, work, play, text and chat on our mobile devices. Companies tried to add thousands of spinning disk drives to their datacenters to keep up with these demands, but it was not enough.

By combining the power of NAND flash with sophisticated software, Fusion-io is moving important data out of storage and into the server, which greatly increases the speed at which applications can run. Fusion-io was the first company to realize the potential for flash memory to accelerate applications in the server. Our customers tell us that our products improve performance up to 10 times or more, meaning companies can greatly improve customer experience while saving valuable resources like money, space, energy and expertise.

2. What is most interesting about your company's internal culture?

The dramatic growth that we have experienced at Fusion-io can create issues if not implemented in the right way. We’ve worked through these potential issues by hiring great people and then challenging them without micromanaging them. You have to trust people to make the right decisions and to learn from their mistakes. We believe that this strategy offers a clear path to success and scaling your company as you grow.

Our creativity and accountability is crucial to our success. Changing something as complex as modern computing comes from thinking outside the box and seeing things through. We don’t hear people say, “That’s not my job” here. Teams work closely together, across departments and the entire organization, because we are all dedicated to making sure the job gets done right.

Data is crucial to our modern world, from the web to finance to healthcare, entertainment, transportation, and just about everything else. At Fusion-io, we’re proud that we get to do something that makes this much of an impact on our daily lives, and you see the eagerness to enjoy that opportunity reflected in our culture at Fusion-io.

3. How long have you been in business and why did you establish your business in Utah?

Fusion-io was established in 2007 – nearly six years ago. When we were originally establishing the company, early investors asked us to relocate the business to Silicon Valley. Our co-founder Rick White and I were determined to keep the company in Utah because we knew the state was filled with the innovative, brilliant minds we needed to disrupt an industry. Utah also offers a very enjoyable lifestyle for the employees who have moved here from around the world. Since our founding, the company has grown rapidly, and we do in fact now have a large office in San Jose. We’re proud that we have proven that Utah has the talent needed to fuel the future of technology, and we look forward to the innovation still to come.

4. How is your company affecting change?

Fusion-io is helping companies across the world keep pace with the lifeblood of today’s businesses: data. Our products help our customers provide faster services and save energy. One of the things we are excited about is that we’re now working to fuel the future of application development with our software development kit that helps developers code their applications to leverage the power of flash.

We also recently announced our software defined storage product, the ION Data Accelerator. This software allows companies to accelerate their current infrastructure and prolong the life of their current storage area networks. The Fusion ION Data Accelerator solution works with nearly any server to transform previously specialized hardware into a platform that can be shared across the datacenter. This can potentially save millions of dollars in costly system upgrades, all while improving speed and reducing energy consumption.

5. What are the aspects of UTC that are most valuable to you?

The Utah Technology Council is important for connecting businesses both within Utah and the wider world. Sharing Utah’s success story outside our state can help bring in more investment opportunities for tomorrow’s leaders. Through UTC, Fusion-io has been able to connect with supporters and even has found employees to help us continue to grow our business. These relationships are the lifeblood of any company – including Fusion-io. For any business looking to grow, the Utah Technology Council can help those in the technology community gain valuable insights from industry experts, leaders and peers.

Learn more about Fusion-io

Under the Lens: VacationRoost

Fri, 12 Oct 2012 04:00:00 GMT

1. What is your company doing that is absolutely unique?

We provide vacation rentals and lodging to people looking for a unique experience in travel.

2. What is most interesting about your company's internal culture?

Travel, ski and food are part of our DNA. We go on trips to check out locations and properties and have more fun than should be legal.

3. How long have you been in business and why did you establish your business in Utah?

VacationRoost has been in business for 5 years. It was established in Utah because of the rich ski history and deep workforce talent.

4. How is your company affecting change?

Rapid change in eCommerce, travel and lodging makes it imperative that we keep up with technology. Our team is committed to the best practice in all those areas.

5. What are the aspects of UTC that are most valuable to you?

We value the networking and camaraderie that we enjoy at events. The forums are a great place to hear about what others are doing, and how we can apply that in our own business.

Learn more about VactionRoost

Under the Lens: Veracity Solutions

Fri, 12 Oct 2012 04:00:00 GMT

1. What is your company doing that is absolutely unique?

Created by Veracity Solutions, blendsourcing is a unique combination of people, principles and processes for building high-performance teams based on trusted collaboration.

Through blendsourcing, Veracity Solutions and enterprise clients create blended software teams from the combined strengths of both companies. While building great software, each blended team is mentored and grows ever stronger as senior consultants fill gaps in experience, culture, process and skill. Everyone – from devs to execs, product owners to board members – is invited to progress along the path to mastery so that as the project is completed the client becomes more self-sufficient. This is quite different than traditional outsourcing or simple staffing services. It allows Veracity to deliver more than code to help enterprise clients build great teams, great products and great companies.

2. What is most interesting about your company's internal culture?

Veracity Solutions' internal culture is based on the CEO's vision and passion for combining technology and people. Additionally, a high number of employees also happen to be musicians and speak more than one language.

3. How long have you been in business and why did you establish your business in Utah?

Veracity Solutions has been in business for 14 years. Our business was established in Utah because it's home to the founders.

4. How is your company affecting change?

Veracity Solutions creates change in a number of ways:

1) Veracity Solutions' motto is building great teams, great products, and great companies. The mentorship aspect of their blendsourcing model is based on learning and change.

2) Veracity Solutions is involved in charitable projects. For example, in December of 2011, Veracity Solutions employees and their families made a 6,500 lb food donation to the Utah Food Bank.

3) Veracity Solutions is involved in other companies that are working to alleviate hunger in third-world countries, and making prescription medicine easier to access.

5. What are the aspects of UTC that are most valuable to you?

The educational events and peer-to-peer events always provide insight and opportunities to network with some of Utah's finest executives.

Under the Lens: CAO Group, Inc.

Fri, 12 Oct 2012 04:00:00 GMT

1. What is your company doing that is absolutely unique?

Everything we do at CAO Group is unique! Our product profile extends across the dental, forensic, veterinary, and LED lighting markets. Our most unique item right now is an LED candelabra lightbulb that can replace an incandescent candelabra for almost 10% of the energy consumption, and they have the same look and feel.

2. What is most interesting about your company's internal culture?

Our almost 50 employees are very driven to help the business succeed. Everyone pitches in on whatever issues we may come against.

3. How long have you been in business and why did you establish your business in Utah?

Dr. Densen Cao, our president and CEO, is originally from China, but came to the University of Utah to get his PhD in Material Science. After developing several LED dental curing light patents, Dr. Cao started CAO Group in January 2000.

4. How is your company affecting change?

Our in house research and development department continually to add to our innovative products. We have over 60 issued patents and over 80 in application status. Our continual evolution of the industries of which we are a part causes the industry to accept the quality and innovation that we develop.

5. What are the aspects of UTC that are most valuable to you?

We have attended many of the workshops offered by UTC, such as the CFO P2P, the Hall of Fame dinner, as well as the Capitol Rotunda Legislature Meet and Greet. We enjoy our membership and the many opportunities to network with other innovative companies in Utah.

Wider Net, More Fish: A 21 Century Marketer's Guide to Success

Thu, 11 Oct 2012 04:00:00 GMT

As traditional mediums flounder, new mediums surface, and social mediums lure the masses. Creating a marketing plan can feel like a whole lot of chumming, re-baiting, tangles and snags. However, there is a 21st Century way to angle and it’s based on a simple, proven strategic model with tools and rules that keep the process organized and effective. It involves casting a wider, stronger net in the right parts of the ocean. Mark Farr (bio), Managing Partner and Creative Director at Jibe Media lead an informative presentation and lively discussion on this model.

Audio available to members only.

First Woman Ever Named BYU 'Entrepreneur of the Year'

Thu, 11 Oct 2012 04:00:00 GMT

Amy Rees Anderson, managing partner and founder of mentor capital and angel investment firm REES Capital, has been named the 2012 Brigham Young University Entrepreneur of the Year by the Rollins Center for Entrepreneurship and Technology.

Anderson is the first woman to receive the honor, which recognizes an individual’s business acumen and accomplishments and is selected by the Rollins Center Founders Board before being approved by the Marriott School of Management.

"Amy personifies our aim to recognize successful entrepreneurs who demonstrate exceptional leadership and high moral and ethical standards," said Scott R. Petersen, managing director of the Rollins Center.

For nearly nine years, Anderson led all aspects of MediConnect Global, a medical record retrieval and management firm. Under her direction, the company grew to more than 1,000 employees worldwide and achieved 1,500 percent growth since 2004.

In March 2012, Verisk Analytics acquired MediConnect for more than $377 million.

MountainWest names Radiate Media fastest-growing in Utah

Tue, 09 Oct 2012 04:00:00 GMT

Radiate Media, which uses “old media” outlets to connect small companies to various forms of new media, was named Utah’s fastest-growing company on Tuesday.

The Salt Lake City technology firm topped the list of 100 companies with the largest percentage growth in revenue. The ranking is sponsored annually by the MountainWest Capital Network, a nonprofit group that aims to help Utah businesses prosper.

Radiate Media partners with local media — mostly radio and television stations but also some newspapers — to offer small businesses a one-stop technology platform that allows them to create their own websites and connect those sites through online services such as search engines and social media, as well as to advertise on traditional forms of media.

“It’s a complete easy-to-use small-business promotional platform,” said CEO Chris Rothey, who added that the company’s annual compounded growth rate over the past five years was 11,122 percent.

Radio, television and newspapers have built relationships for years with small businesses, a tie that Radiate Media builds on, Rothey said, even as those so-called old media companies stumble in the face of advertising and readers gravitating online.

“We think old media has the potential to become the most powerful force in new media,” he said. “A lot of people think old media is over and done, while actually we think the greatest asset old media has ... is they know businesses in their cities and they’ve known them for decades.”

In addition to putting Radiate Media at the head of its Top 100 list, MountainWest Capital Network named its lists of Top 15 Revenue Growth Companies, based on the growth of total revenue, and Emerging Elite Companies, 15 young firms that show significant potential for growth.

Huntsman Corp., a Salt Lake City-based chemical manufacturer, was tops in gross revenue growth in the past five years. The Emerging Elite list was not ranked.

Jason Watson, director of business development for Wells Fargo Bank in Utah and president of the MountainWest Capital Network, said companies apply for the awards and provide financial information, which is kept private. The awards allow CEOs to share success with employees, he said.

“The CEOs will always come up [on stage] and say, ‘This is not me, this is my people,’ ” Watson said. “So it provides an opportunity for them to share success from a state, nonprofit organization that promotes and recognizes that success.”

Being named to the list also can help companies attract attention and capital, he said.

Last year, a company that helps businesses find and obtain loans, Lendio of South Jordan, was named the fastest-growing Utah company.

tharvey@sltrib.com

Twitter: TomHarveySltrib

How to Categorize a Medical Device

Tue, 09 Oct 2012 04:00:00 GMT

"How to Categorize a Medical Device"

At the Compliance Clinic, Thor Rollins (bio), In-vivo Biocompatibility Subcontracting Section Leader, Nelson Laboratories, discussed categorizing a device according to ISO 10993-1, how to justify a change of a device with regard to biocompatibility and using chemistry and toxicology to help justify the change.

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2012 Utah Life Science Summit, Presented by MD4, IBA, AdvaMed EGCC and UTC

Fri, 05 Oct 2012 04:00:00 GMT

Dear Utah Life Science Leader:

Be a part of a historic occasion for Utah's life science community at the launch of Utah's new life science association at the November 8, 2012 Utah Life Science Summit, presented by MD4 and IBA in partnership with UTC and the AdvaMed Emerging Growth Company Council.

The press release embedded below provides further details about the event, together with registration information.

We look forward to seeing you at the Summit!

Very best,

Kimball Thomson
Executive Director
MD4 Utah

2012 Utah Life Science Summit, Presented by MD4, IBA, AdvaMed EGCC and UTC, to Feature Official Launch of Utah’s New, Independent Life Science Association

· Utah’s Leading Life Science Event Includes Keynotes from a Diverse Array of Top Industry Leaders, Exceptional Networking Opportunities

SALT LAKE CITY (October 5, 2012) – The presenting sponsors of the 2012 Utah Life Science Summit – MD4 Utah, the Intermountain Biomedical Association (IBA), the AdvaMed Emerging Growth Company Council and the Utah Technology Council (UTC) – today announced that the 2012 event will feature the official launch of Utah’s independent, new life science industry association.

The third annual gathering of Utah’s premier life science event will be entitled “Utah Life Science Elevated: Growing and Leveraging the State’s Core Strategic Assets.” This single-day, multi-track event will take place Thursday, November 8, 2012 at The Grand America Hotel in downtown Salt Lake City.

The Conference will focus on the continued growth and leverage of our state’s key assets, as well as risk management from a variety of different perspectives.

Highlights of the event include keynote addresses from a variety of global industry leaders, including:

· Leroy (Lee) Hood, founder of the Institute for Systems Biology and the P4 Medicine Institute, a leading father of modern systems biology and inventor of the transformative gene sequencer, gene synthesizer, protein sequencer and protein synthesizer
· Stephen J. Ubl, President & CEO of AdvaMed
· Thomas Novelli, VP of Government Affairs for the Medical Device Manufacturers Association (MDMA)
· Ginger M. Sykes, FDA Consumer Safety Officer
· Mark Leimbeck, Quality and Training Program Manager for Medical Certifications
· Peter Fitzgerald, serial entrepreneur and prominent Stanford University professor
· Fred Lampropoulos, CEO of Merit Medical
· Kelvyn Cullimore, CEO of Dynatronics
· Andrew Routh, Senior Product Expert for the British Standards Institute (BSI)
· And many others

The Summit will also include hands-on workshops and interactive panel discussions, as well as plentiful opportunities for networking with hundreds of top life science state and national leaders.

The Utah life sciences sector, a $14.6-billion industry, provides more than 63,000 Utah jobs. Average annual wages are more than 50 percent greater than those of the private sector, as reported in the Utah Cluster Acceleration Partnership (UCAP) Life Science Report, which was released in August 2012. UCAP is sponsored by the Utah System of Higher Education, the Utah Department of Workforce Services and the Utah Governor’s Office of Economic Development. The 2012 Summit will highlight the efforts of leaders in Utah’s education, business and government communities to develop the growth in the state’s life sciences arena. The potential economic advantages for Utah in actively developing its life science sector include significant job creation and attracting promising companies to Utah.

“We are honored to collaborate with IBA, UTC and AdvaMed to celebrate and accelerate the promise and growing critical mass of Utah’s life science community,” said Kimball Thomson, executive director of MD4 Utah and incoming CEO of the new Utah life science association that will be launched at the 2012 Summit. “The 2012 Summit will be a rare opportunity to actively participate in the creation of genuine life science history in Utah.”

“Utah has strategically pursued the growth and expansion of the Utah Life Sciences to provide our community with sustained opportunities and economic stability that provide a path for continued development and scalability,” added Peter Knauer, chairman of IBA. “It is critical that we collectively use our resources to maximize and elevate the Utah Life Sciences.”

Registration Information

To register and for more details, please visit http://md4utah.org/events-calendar/2012-md4-iba-summit/register-page-for-md4-summit-event/ or http://ibaut.com/events/2012-iba-md4-annual-summit/.All Utah life sciences professionals are encouraged to attend the 2012 Summit.

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About MD4 Utah
MD4 Utah was created to help unify, catalyze, coordinate and consolidate activities and programs that will increase Utah’s influence as a major epicenter in the global life science sector. The organization exists to increase the economic impact of Utah’s life science sector/ industries by developing and disseminating information through a dynamic web portal, informative newsletters and events, and by supporting legislation and other key initiatives.

About IBA
The Intermountain Biomedical Association (IBA) is an association of Regulatory, Quality and Manufacturing professionals who seek to promote education, networking, and advocacy efforts in Utah’s life science field. IBA has a 20-year track record of delivering on these efforts through its all-volunteer board.

About AdvaMed Emerging Growth Company Council
The EGCC is the division of AdvaMed dedicated to providing avenues for increased involvement and visibility for smaller companies. Its purpose is to empower members and provide a forum to advocate their interests, set an action agenda, and identify specific focus areas for the association to direct its resources to better serve the needs of Emerging Growth Companies.

About the Utah Technology Council
UTC exists to foster the GROWTH of the state’s 7,000-plus technology companies, ensure Utah develops the highest QUALITY WORKFORCE in the nation and attract an ever-increasing array of FUNDING. Members join UTC to share insights with industry peers, counsel with government and academic leaders, and receive help from professional service providers and funding resources

CONTACTS:

Kimball Thomson Peter Knauer
Executive Director, MD4 IBA Chairman
T. 801.918.3637 T. 801.891.8465
kimball@phcsummit.org Knauer.peter@gmail.com
www.ibaut.org

UTC Announces New Life Science Association

Wed, 03 Oct 2012 04:00:00 GMT

For Immediate Release

Utah Technology Council (UTC) Announces

The Creation of New, Aligned Life Science Association

-Since the Utah Life Science Association’s (ULSA) Merger with UTC in 2006, the Sector has Grown, Become Much Stronger, and Acquired Increasingly Specialized Needs-

SALT LAKE CITY, October 3, 2012 – The Utah Technology Council (UTC), Utah’s premier technology association, announced that it will initiate, help fund and support the creation of a separate and independent sister association to meet the specialized needs of its members and other Utah companies in the medical device and biotechnology sectors. The soon-to-be launched association will focus entirely on growing the state’s 1,000-plus life science companies with their specialized needs, particularly in the area of federal advocacy, including FDA regulatory reform and CMS reimbursement issues. The new association will be named and formally launched November 8, 2012 at the Utah Life Science Summit, presented by MD4 Utah, Utah Technology Council, IBA and AdvaMed.

UTC’s medical device, diagnostic, biotechnology and natural products organizations will become members of the new life science trade association with complimentary membership through December 31, 2012. UTC will increase its focus on the Information Technology (IT) sector with nearly 5,000 companies and the emerging Clean Technology sector of approximately 600 organizations with events focused on networking, education and funding priorities.

Although the two associations will operate independently, they will continue to align and collaborate on several key events each year, the most notable being the annual Hall of Fame celebration and MD4 Summit. Members of the new association will continue to have UTC membership through the balance of their paid membership year, allowing them full access to UTC’s highly-valued peer-to-peer forums, clinics, CEO roundtables, industry breakfasts, educational event and networking experiences. UTC hosts more than 70 such opportunities every year.

As an organization that was previously focused solely on Utah’s IT sector, UTC initially brought Utah’s life science companies under its wing in 2006, at a time when Utah’s life science association was in need of assistance and had a much smaller population. However, UTC leadership and its medical device, diagnostic, biotechnology and natural products members now believe that the needs of the life science community can best be met through the creation of a new independent and UTC-aligned association.

Regarding the decision, UTC Trustee Will West said, “Life science could not have found a better anchor and mentoring organization than UTC to provide them with the critical support needed, particularly with legislative issues, as the sector has grown into critical mass.”

“We are enthused that UTC played a key role in helping Utah’s world-class medical device, diagnostic, biotechnology and natural products companies and organizations reach this milestone where we have the capacity to launch, provide leadership and help fund a new bioscience-focused sister association,” Nelson said.

“These collective industries play a critical role in our state’s Innovation Economy and, most especially, in their ability to provide an abundance of high-quality and high-paying jobs. While it was essential that we absorb the life science association into UTC’s strong growth and momentum in 2006, it is equally vital that we now create a new life science industry association to ensure maximum benefits to all companies and organizations involved,” he added. “UTC applauds this new chapter for our life science community of companies.”

The new association will be headed by Kimball Thomson, founding executive director of MD4 Utah and of the National Summit on Personalized Healthcare. It is anticipated that the new organization will incorporate the existing MD4 initiatives and programs for the medical device and life sciences community.

Utah’s IT, Life Science and CleanTech sectors, combined, accounted for 103,000 of the state’s highest-paying jobs, 57% above Utah’s average annual non-agricultural wage at the end of 2010, and its $6.5B of payroll accounted for 14.3% of the state’s total payroll with 8.6% of Utah’s workforce.

For more information on the UTC, including opportunities to network and grow your company, value proposition, events and membership information, please visit www.utahtech.org or call (801) 568-3500.

About the Utah Technology Council

Utah’s premier professional association, the Utah Technology Council has grown 13 percent a year for the past ten years becoming the essential business resource for high tech, life science and clean tech companies seeking to achieve greater success. At its core, UTC exists to foster the GROWTH of the state’s 7,000-plus technology companies, ensure Utah develops the highest QUALITY WORKFORCE in the nation and attract an ever-increasing array of FUNDING. Members join UTC to share insights with industry peers, counsel with government and academic leaders, and receive help from professional service providers and funding resources.

###

UTC PR Contact:
Judy Young, Executive Director
P) 801-568-3500
jyoung@utahtechcouncil.org

PR Agency Contact:
Cheryl Snapp Conner Managing Partner, Snapp Conner PR
P) 801-994-9625
cheryl@snappconner.com

Former MediConnect Global CEO Amy Rees Anderson Launches REES Capital

Wed, 03 Oct 2012 04:00:00 GMT

Amy Rees Anderson Parlays Experience as CEO of Highly Successful Medical Information Technology Company to Form ‘Mentor Capital’ Firm to Help Guide Other Promising Start-ups and High Growth Companies

SALT LAKE CITY — Amy Rees Anderson, former CEO of MediConnect Global, today announced the launch of REES Capital, a “mentor capital” firm that provides consulting services and angel capital investments to start-up and high-growth companies.

REES (Recognizing & Empowering Entrepreneurial Success) Capital was created to provide entrepreneurs and business executives critical guidance and support to help their companies grow. In addition to seeking out opportunities for potential equity investments, REES Capital provides expert mentoring and consulting services across a broad range of business functions, including leadership training; product and market assessment; marketing, sales and public relations strategy; financial modeling; organizational structuring; strategic planning; acquisition and exit strategy; and other key areas.

“As an entrepreneur myself, I am familiar with the challenges business owners face every day, especially as they embark on the exciting adventure of creating and growing a thriving company,” said Anderson, managing partner at REES Capital. “I know firsthand how important it is to be able to rely on sound business advice from experienced professionals – people who have been there and know what it takes to succeed. I have been fortunate to have a number of very influential mentors throughout my career – visionaries like James Lee Sorenson, Alan Hall, Dinesh Patel, and several others – and I hope to be able to provide similar guidance to other entrepreneurs.”

As founder and CEO, Anderson headed medical record retrieval and health information exchange company MediConnect Global for nearly nine years. Under her leadership, the company became one of the world’s largest health information exchanges, achieving more than 1,500 percent growth since 2004. MediConnect was acquired in 2012 by Verisk Analytics for $348.6 million plus the company’s $29.2 million of working capital for a total purchase price of $377.8 million.

“Amy is a proven leader with undeniable vision, perspective and business savvy,” said Alan Hall, founder and chairman of MarketStar, a global outsourced sales and marketing company that generates billions of dollars annually for clients such as Cisco, HP, Sony and Verizon. “Drawing on her own deep reservoir of business success, I can think of no one more capable of helping others to create businesses with great and lasting value.”

Former MediConnect Executive Vice President of Business Development Adam Casto and former MediConnect Chief Operating Officer Shani Allsop will join Anderson as partners at REES Capital, helping to provide strategic direction to the leadership of companies they advise. Casto and Allsop each bring significant expertise to help guide companies through the growth process. During his time at MediConnect, Casto was instrumental in cultivating relationships with the company’s notable clientele, and in 2012, he was recognized with the distinguished Sales and Marketer of the Year (SAMY) Award from Utah Business magazine. As COO, Allsop oversaw all aspects of MediConnect’s record retrieval operations, including the design of internal proprietary systems that streamlined operations, cut costs and improved overall quality for the company. Allsop was named one of Utah Business magazine’s 30 Women to Watch.

“One of the things we will stress to the companies we mentor is the need to build a strong leadership team, and REES Capital is definitely practicing what it preaches in that regard,” added Anderson. “Having worked with both Adam and Shani for a number of years, I already know we have a successful track record together, and I have always been impressed with their individual capabilities, strengths and drive. They have each excelled in guiding the teams they have worked with, and I’m confident their business savvy will benefit the companies we will be working with tremendously.”

Prior to joining MediConnect, Anderson founded and managed several successful technology ventures. She began her first business in 1996 with only $23,000 in seed funding. Across her many entrepreneurial ventures, she has raised significant capital and has acquired and helped guide successful exits for several companies. In 2007, she garnered the prestigious Ernst & Young Entrepreneur of the Year Award, and in 2012 she was named CEO of the Year by Utah Business magazine.

Anderson has a strong community service ethos. She currently serves on the boards of numerous organizations, including the Board of the Utah Governor’s Office of Economic Development; Sundance Institute’s Advisory Board; Utah Technology Council Board of Trustees (UTC); the Salt Lake Chamber Board of Governors; two University of Utah boards—the Commercialization Advisory Board and the National Advisory Board for the David Eccles School of Business; and Brigham Young University Founders Board.

About REES Capital

REES (Recognizing & Empowering Entrepreneurial Success) Capital is an angel investment and mentor capital firm that works in close collaboration with entrepreneurs and their investors and board members to drive company growth and maximize equity value through strategic direction and influence. For more information, visit www.reescapital.com, or follow Amy Rees Anderson on Twitter @amyreesanderson.

Read more here: http://www.heraldonline.com/2012/10/03/4309893/former-mediconnect-global-ceo.html#storylink=cpy

Strategic Planning and Budgeting

Tue, 02 Oct 2012 04:00:00 GMT

Kent Thomas, CEO, Advanced CFO Solutions (bio) introduced the process of budgeting that is tied into and directly influenced by the overall Strategic Plan for the business. He also discussed how to incorporate the strategy into a budget and planning process.

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Two Key Elements That Will Either Accelerate or Cripple Your Agile Development - Strong Product Owners and Real Release Planning

Fri, 28 Sep 2012 04:00:00 GMT

Agile implementations are very much like snowflakes, no two are ever alike. Every organization is different, every Agile team is different and every software development project is different. Each organization has to figure out how to pilot, extend and improve Agile processes. It is arguable that the two biggest success factors are how the Product Owner is empowered and successful methods for Release Planning.

This CTO forum was an Agile development roundtable discussion on those topics, moderated by Wayne Nelson, Proofpoint and Steven ZoBell, AdvancedMD Software.

Co-chairs for this Forum are Steve ZoBell, Chief Technology Officer, AdvancedMD Software, Inc. and Kurt Williams, Chief Technology Officer, Mindshare Technologies.

Event Sponsor

Audio | Photos available to members only.

Update on Affordable Care Act

Thu, 27 Sep 2012 04:00:00 GMT

This HR Forum featured an update on the Affordable Care Act - what it means to businesses for 2013-14. Carolyn Cox (bio) who handles HR Compliance for Moreton & Company was our speaker. A representative of the Utah Health Exchange also joined us to explain what the Health Exchange is and how it works along with a representative from DWS who explained the new Bridge program for businesses with less than 100 employees.

Event Sponsor

Audio | PowerPoint | Photos available to members only.

Fred Lampropoulos and Josh James to be Inducted into UTC Hall of Fame

Tue, 25 Sep 2012 04:00:00 GMT

-Founders of two of Utah’s largest and most successful technology companies will be honored at 2012 UTC Hall of Fame Gala-

SALT LAKE CITY (Sept. 25, 2012) – The Utah Technology Council (UTC) (http://www.utahtech.org) today announced Fred Lampropoulos and Josh James as its 2012 inductees into the UTC Hall of Fame. Lampropoulos and James will be honored at the UTC’s Hall of Fame Celebration on November 30 at the Grand America Hotel in Salt Lake City.

“Fred and Josh are remarkable technology leaders – not only locally, but also globally,” said Richard R. Nelson, president and CEO of the UTC. “ Their success shows how thriving businesses can be started and grown in Utah. Through their leadership, unique company culture and drive, they have created some of the fastest-growing and highest-performing companies in the technology industry.”

2012 Inductees:

Fred Lampropoulos
Fred has been a recognized leader in the medical device industry for more than 30 years. After serving as the Chairman and Chief Executive of Utah Medical, Fred founded Merit Medical Systems, Inc. in 1987, where he currently serves as Chairman and CEO. He has invented and holds almost 200 patents on devices used in the diagnostic and therapeutic treatment of cardiovascular disease.

Fred is extremely involved in his community and serves on many boards, including the Medical Device Manufacturers Association (MDMA). He is committed to building our community by supporting organizations such as the Jr. Jazz, Junior Achievement, KUED and the Boy Scouts of America; supporting the arts, including The Leonardo, the Utah Shakespearean Festival, Tuacahn Center for the Arts, Hale Centre Theatre and Utah Symphony and Opera; and providing benefits and services to the homeless and disadvantaged.

Fred has received numerous awards, including the Governor’s Medal for Science and Technology, honorary doctorate degrees from Westminster College and Salt Lake Community College, and the Distinguished Alumni Award from the University of Utah. He was also inducted into the Utah Business Hall of Fame. Fred is an Honorary Colonel in the Utah National Guard, served as an officer in the 19^th Special Forces Group (Airborne), and received the 2011 Bronze Minuteman Award.

Josh James
Josh founded Domo in 2010 to disrupt the $14 billion business intelligence market and change the face of enterprise software. Before Domo, he was the longtime CEO of Omniture, which he co-founded in 1996 and took public in 2006; and from 2006-2009, he was the world’s youngest CEO of a publicly-traded company.

Omniture, the first enterprise SaaS/cloud company, was the number one returning venture investment out of 1,008 venture capital investments in 2004, as well as the number two performing technology IPO of 2006. Omniture was also the fastest or second fastest-growing public company globally for three consecutive years. In 2009, Josh facilitated Omniture's $1.8 billion sale to Adobe, which was the biggest M&A transaction in Utah at the time.

Josh serves on the boards of Demand Media, a NYSE-traded company; Rakuten, a publicly-traded, five billion dollar revenue company that is the leading e-commerce company in Japan; and Save The Children, the leading independent organization creating lasting change in the lives of children in need in the United States and around the world. Josh also serves as a member of the World Economic Forum’s Young Global Leaders, a worldwide community of individuals committed to, and recognized for, their proven leadership and potential in shaping the future. In addition, he has served on the board of the Utah Technology Council for more than a decade.

In 2011, Fortune Magazine recognized him as one of its "40 Under 40: Ones to Watch" and, in 2009, as one of its "40 Under 40" top business executives. He was named the 2006 Ernst & Young Entrepreneur of the Year and Brigham Young University's Technology Entrepreneur of the Decade. In 2012, Mountain West Capital Network named Josh its Entrepreneur of the Year.

Josh is the founder of CEO.com, a resource to help founders and CEOs stay up to date with what's happening at the executive level across top industries, as well as stay armed with the latest leadership strategies and best practices. He also founded Silicon Slopes, a non-profit initiative designed to promote the interests of Utah's high-tech industry.

About The UTC Hall of Fame

The annual Hall of Fame event honors individuals with Utah ties who have made global contributions to the information technology, life science and clean tech industries through new technology, innovation and leadership. The gala also headlines keynotes from the world’s great technology companies. Jeff Bezos, Founder and CEO of Amazon, will keynote this year’s Hall of Fame Celebration.

For more information or to register for the Hall of Fame, visit http://www.utahtech.org/halloffame.aspx or call (801) 568-3500. To be an event sponsor, please call or email dspann@utahtech.org.

About the Utah Technology Council

Utah’s premier professional association, the Utah Technology Council has grown 13 percent a year for the past ten years becoming the essential business resource for high-tech, life science and clean-tech companies seeking to achieve greater success. At its core, UTC exists to foster the Growth of the state’s 7,000 technology companies, ensure Utah develops the highest Quality Workforce in the nation and attract an ever-increasing array of Funding. Members join UTC to share insights with industry peers, counsel with government and academic leaders, and receive help from professional service providers and funding resources. For more information on becoming a member of the UTC, please email dspann@utahtech.org or call (801) 568-3500.

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UTC PR Contact:
Judy Young, Executive Director
T) 801-568-3500
jyoung@utahtechcouncil.org

PR Agent Contact:
Cheryl Snapp Conner
Managing Partner, Snapp Conner PR
P-801 994-9625
C-801 376-2158
cheryl@snappconner.com

A New Era of Collaboration Around Data: How Utah Can Uniquely Accelerate The Emergence of Personalized Healthcare

Fri, 21 Sep 2012 04:00:00 GMT

Information management solutions are now emerging that bring data transparency to the healthcare industry. These solutions are changing the ground rules of collaboration around clinical data by enabling new data-driven business models, facilitating novel industry collaborations, and powering innovative regional strategies. Dr. Fred Lee, Director, Clinical & Translational Informatics for Oracle discussed how these opportunities can be leveraged by the Utah Healthcare & Life Sciences community to elevate the region to a global leadership role in Personalized Healthcare.

Event Sponsor:

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Aribex Recognized for Growth and Quality Company and Leadership Receive Seven Awards to Date in 2012

Thu, 20 Sep 2012 04:00:00 GMT

OREM, UTAH—September 20, 2012—Aribex, Inc., worldwide leader in handheld X-ray technologies, formally expressed their appreciation for the honor of receiving seven awards to date in 2012. While these awards, including the Inc. 500/5000, further validate the company’s growth and quality, they serve as a greater tribute to the compelling cause of providing improved access to care to millions worldwide.

“We are grateful to receive so much recognition for the positive things we are trying to accomplish,” said Ken Kaufman, president and CFO of Aribex. “These awards are the result of years of effort and support from our customers and suppliers, and of course our employees and their families. Many of these awards also honor Dr. Turner, the founder of Aribex and inventor of our innovative products.”

In August, Aribex was named to the Inc. 500/5000 list of the fastest-growing private companies for the fourth consecutive year, and was also named as one of 13 companies to receive the 2012 Alfred P. Sloan Award for Excellence in Effectiveness and Flexibility from the Salt Lake Chamber of Commerce. The Sloan Awards recognizes model employers of all types and sizes across the U.S. for their innovative and effective workplace practices.

In June, Utah Business magazine recognized Kaufman among eight Utah leaders as “CFO of the Year”. A month prior, Signal Peak Ventures (formerly vSpring Capital) named Kaufman to the 2012 class of Top 100 Venture-affiliated Entrepreneurs. The v100 recognizes the next wave of emerging entrepreneurs, companies and executives supporting Utah’s venture community.

In May, the Medical Design Excellence Awards (MDEA) also bestowed the Silver Award to the Aribex flagship product, the NOMAD Pro . This competition is the premier awards program for the medical technology community, recognizing the achievements of medical product manufacturers and the many people behind the scenes—engineers, scientists, designers, and clinicians—who are responsible for groundbreaking innovations that are changing the face of healthcare.

Utah Valley BusinessQ magazine recognized Aribex as one of Utah’s top 30 fastest-growing companies in their summer 2012 issue.

Starting a successful calendar year for the company, the Manufacturing Leadership 100 Awards also honored Aribex for their achievements in the Innovated Enterprise category in January. The awards honor companies and individuals that are shaping the future of global manufacturing.

About Aribex

Aribex is the worldwide leader in portable and handheld X-ray products. Aribex^® NOMAD
X-ray systems are now in use in clinical, remote and mobile facilities throughout the world, from the finest professional offices to humanitarian missions reaching underserved populations who desperately seek care. The NOMAD significantly decreases costs and provides hundreds of safe, high-quality images for dental and veterinary applications on a single battery charge. For more information, visit www.aribex.com.

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Three Jones Waldo Attorneys Named 'Lawyers of the Year'

Wed, 19 Sep 2012 04:00:00 GMT

SALT LAKE CITY – Sept. 19, 2012 – Best Lawyers selected three Jones Waldo attorneys as Salt Lake City’s “Lawyers of the Year.” The annual award recognizes attorneys for excellence in their individual practice areas. Rick L. Knuth is “Best Lawyers 2013 Salt Lake City - Banking and Finance Law Lawyer of the Year,” Craig R. Mariger is “Best Lawyers 2013 Salt Lake City Construction Law Lawyer of the Year,” and Jeffrey Weston Shields is “Best Lawyers 2013 Salt Lake City– Bankruptcy Lawyer of the Year.”

Knuth assists institutional and private lenders and borrowers in asset-based loan transactions. Mariger, who has held several leadership positions at the firm, represents participants in the construction industry with respect to construction planning, contracting, claim resolution and litigation and was the national construction counsel to a Fortune 500 company. Shields chairs Jones Waldo’s Business Development Committee and heads the Bankruptcy Creditors’ Right Practice Group. He has expertise in all aspects of commercial bankruptcy law.

Best Lawyers, the oldest and most respected international peer-review publication in the legal profession, has designated “Lawyers of the Year” in high-profile legal specialties in large legal communities. Only a single lawyer in each specialty in each community is being honored as “Lawyer of the Year.” Best Lawyers compiles its lists of outstanding attorneys by conducting exhaustive peer-review surveys of more than 36,000 attorneys, with the 2013 edition based on more than 4.4 million detailed evaluations of lawyers by other lawyers.

About Jones Waldo
Since 1875, Jones Waldo has provided legal services to the businesses and community organizations that support and grow the state’s economy. Built on a strong foundation of service and knowledge of Utah’s core industries, the firm continues to evolve through meeting new challenges, finding innovative solutions and advancing legal trends in the state. With departments in business, real estate and litigation, attorneys at Jones Waldo have expertise to solve complex client needs in nearly every area of business. Jones Waldo has offices in Salt Lake City, Park City, St. George, Provo and the Chicago metro area. Information can be found at http://www.joneswaldo.com/.

Renowned Technology Entrepreneur Art Roldan Joins SignatureLink Board of Advisors

Tue, 18 Sep 2012 04:00:00 GMT

RIDGELAND, Miss., Sept. 18, 2012 /PRNewswire via COMTEX/ -- A veteran payments software and technology entrepreneur has turned his attention to the world's only all-in-one eCommerce fraud solution. Art Roldan, former CEO and chairman of electronic payments management software developer ISD Corporation, today joined the SignatureLink Board of Advisors.

SignatureLink, the eCommerce stabilizer whose patented SecureBuy(TM) suite is the first end-to-end online payment fraud solution, has been expanding its Board of Advisors in recent months. Roldan was a natural choice for the Board thanks to his 25 years of entrepreneurial experience in the technology field and his specific expertise in electronic payments and network security, said SignatureLink CEO Greg Wooten.

"Art Roldan is the guy the Founders Institute and Northwestern University's Kellogg Graduate School of Management rely on to speak to their entrepreneur program students," Wooten said. "He is easily one of the world's top entrepreneurial minds, and he is well versed in electronic payments. The SignatureLink leadership team agreed we wanted Art on the Board of Advisors, and we are extremely pleased to welcome him to the team."

Roldan began his career at IBM after graduating with a BS in business administration from DePaul University. He joined The Premisys Corp., where he served as CEO until J.D. Edwards (Oracle) acquired the sales engineering automation software company. Roldan went on to become president and CEO of Novarra, a leading provider of mobile solutions, prior to its acquisition by Nokia. He next joined managed network security services firm SecurePipe as CEO, until the company merged with TrustWave. Most recently, Roldan was CEO and chairman of ISD Corporation until ACI Worldwide acquired the company.

Recognized in Crain's Internet 100 Executives, Roldan is no stranger to the fast-paced, innovative environment typical of technology and Internet groundbreakers like SignatureLink. His input, said Wooten, is welcomed by SignatureLink executives as SecureBuy(TM) continues to capture the attention of online retailers and enterprise eCommerce service providers.

With no up-front fees and no monthly minimums or contracts, SecureBuy(TM) costs just pennies per transaction but delivers a powerful punch to online payment fraud. In contrast to other fraud solutions on the market that only address fraud screening, SecureBuy(TM) addresses 100% of eCommerce fraud -- and that is making merchants sit up and take notice. Best-in-class fraud screening is only the beginning: SecureBuy(TM) also includes CNPS(TM), the only patented, legally binding online signature pad that generates a witnessed, forensic sales draft; an agreement manager that allows retailers to embed their terms and conditions into any shopping cart and make sure shoppers see them; and TransExam(TM), the industry's only payment-neutral chargeback management system.

"Art possesses an unrivaled depth and breadth of knowledge in critical areas like business development and growth strategies," Wooten explained. "As more enterprises turn to SecureBuy(TM) for fraudulent eCommerce loss prevention and SignatureLink's market share increases, Art's perspective will be invaluable."

About SignatureLink, Inc.

Founded in 2002, SignatureLink, Inc. is the eCommerce stabilizer. The company debuted its patented, electronic handwritten signature technology -- the online signature pad -- in 2005. Since then, SignatureLink has diligently developed products that help online retailers successfully fight Cybershoplifting(TM) and other forms of eCommerce fraud to lower the cost of payment acceptance and increase profits. SignatureLink is led by eCommerce pioneer and payment acceptance evangelist Greg Wooten, a seasoned executive in the emerging technology and financial services industries and an expert on eCommerce fraud and Cybershoplifting. Visit http://www.signaturelink.com for more information.

Contact:
David FergusonSignatureLink, Inc.800-511-2050pr@signaturelink.com

This press release was issued through eReleases® Press Release Distribution. For more information, visit http://www.ereleases.com .

SOURCE SignatureLink, Inc.

Growing Your Business Internationally

Tue, 18 Sep 2012 04:00:00 GMT

While some businesses continue to struggle with the slow-growth sales environment domestically, other businesses continue to find lucrative, double-digit sales growth opportunities in international markets. Access Technology Solutions’ President & CEO, Chris Boyle (bio), shared his experience and insights from their clients journeys into new international markets. He also discuss opportunities and barriers facing businesses expanding internationally, common mistakes to avoid, as well as emerging markets and best practices for going global.

Audio | PowerPoint | Photos available to members only

LENOVO ACQUIRES STONEWARE TO EXPAND SECURE CLOUD COMPUTING

Tue, 18 Sep 2012 04:00:00 GMT

Lenovo grows its technology portfolio and advances its PC Plus strategy Stoneware brings substantial experience and expertise in secure cloud computing

RALEIGH, N.C. and Carmel, IN, September 18, 2012:Lenovo (HKSE: 992) (ADR: LNVGY) today announced the acquisition of Stoneware Inc., to enhance and expand its cloud computing solutions, a key component of Lenovo’s product portfolio. Stoneware has built a strong, profitable, and growing business by delivering innovative software technologies, which are helping people and organizations make the complex environment of cloud computing that much simpler.

As a result of this acquisition, Lenovo will add significant new technologies and accelerate its capabilities for both commercial and consumer cloud offerings, particularly the ability to provide secure content across multiple devices in education and government.

Lenovo’s product portfolio will benefit from the experience and expertise of the Stoneware team. Stoneware already has several strong, highly innovative cloud products – including webNetwork and LanSchool – that serve millions of users primarily in education and the public sector. Lenovo will help extend the reach of these products as well as new offerings through its global reach as the world’s second largest PC maker and number one commercial laptop company. Lenovo will also help develop the opportunity to extend this technology, beyond the current strongholds that Stoneware has in government and in education, into more consumer focused offerings over time.

“Adding Stoneware cloud computing into the Lenovo line up presents a significant opportunity to leverage their success, and enhance our PC Plus offerings, all to the benefit of our customers“ said Peter Hortensius, senior vice president, and president, Product Group, Lenovo. “We have a history of innovation and embracing new technologies, and the talented team at Stoneware will fit in perfectly with our long-term strategy.

With today’s typical technology user carrying multiple devices, the PC Plus era is here, and Lenovo is aggressively expanding its product offerings and capabilities to help people and businesses connect across any device to the content and communities that matter most to them. Customers simply want a better way to connect their PC with their tablet with their smartphone, and with Stoneware, Lenovo aims to help them get there.

The purchase of Stoneware is critical to Lenovo’s broader PC Plus strategy. As a recognized leader in PCs, with the momentum of an expanding tablet and smartphone business and a newly formed joint venture with EMC, Lenovo aims to offer end-to-end secure solutions to business customers and compelling cloud-based technology to consumers.

“We are pleased to be joining forces with Lenovo”, said Rick German, CEO, Stoneware. “Lenovo is one of the largest and fastest growing technology companies in the world and for Stoneware, a small company with roots in the heartland of the United States, we are delighted to be given the opportunity to deliver real benefit to customers on a global stage.”

While financial terms of the deal were not disclosed, the acquisition is not material to Lenovo’s earnings. Stoneware has 67 employees, located in either Indiana or Salt Lake City, Utah. As part of this agreement, it is expected that all U.S.-based Stoneware employees will join Lenovo, and that there will be no job losses as a result of today’s announcement.

The acquisition is expected to be completed by the end of 2012 and in the coming weeks the Stoneware team will be fully integrated into Lenovo. The Stoneware team will remain in Indiana and Utah and will continue to sell both webNetwork and LanSchool while serving customers and partners with the same level of dedication and excellence.

About Lenovo

Lenovo (HKSE: 992) (ADR: LNVGY) is a $US30 billion personal technology company and the world’s second largest PC company, serving customers in more than 160 countries. Dedicated to building exceptionally engineered PCs and mobile internet devices, Lenovo’s business is built on product innovation, a highly efficient global supply chain and strong strategic execution. Formed by Lenovo Group’s acquisition of the former IBM Personal Computing Division, the Company develops, manufactures and markets reliable, high-quality, secure and easy-to-use technology products and services. Its product lines include legendary Think-branded commercial PCs and Idea-branded consumer PCs, as well as servers, workstations, and a family of mobile internet devices, including tablets and smart phones. Lenovo has major research centers in Yamato, Japan; Beijing, Shanghai and Shenzhen, China; and Raleigh, North Carolina. For more information, see www.lenovo.com.

Navigate AdvaMed 2012 with Conference App

Tue, 18 Sep 2012 04:00:00 GMT

AdvaMed 2012

Download the AdvaMed 2012 Conference App to participate in live surveys and for easy access to the most up-to-date information on:

Agenda
Panels
Plenary Sessions
Special Programming
Company Presentation Schedule

Make the most of your AdvaMed 2012 experience – to download the app, point your SmartPhone browser to http://eventmobi.com/advamed2012 and follow the instructions to download to your home screen.

Haven’t registered yet? What are you waiting for? Online discounted registration ends Friday, September 28, click here now. (On-site registration will be available October 1-3)

TraskBritt Attorneys Named Lawyer of the Year

Tue, 18 Sep 2012 04:00:00 GMT

Best Lawyers, the oldest and most respected peer-review publication in the legal profession, has named TraskBritt attorneys H. Dickson Burton the “Salt Lake City Information Technology Law Lawyer of the Year”, Edgar R. Cataxinos as the “Salt Lake City Patent Law Lawyer of the Year” and David V. Trask as the “Salt Lake City Trademark Law Lawyer of the Year” for 2013.

After more than a quarter of a century in publication, Best Lawyers is designating “Lawyers of the Year” in high-profile legal specialties in large legal communities. Only a single lawyer in each specialty in each community is being honored as the “Lawyer of the Year.” Best Lawyers compiles its lists of outstanding attorneys by conducting exhaustive peer-review surveys in which thousands of leading lawyers confidentially evaluate their professional peers.

KPMG Tax Update

Tue, 18 Sep 2012 04:00:00 GMT

Adam Boyar (bio) is a Tax Principal in the Los Angeles office of KPMG LLP. Mr. Boyar is the Pacific Southwest Leader of KPMG’s Tax Accounting Methods and Credit Services Group, specializing in tax accounting methods, embedded cost reviews, and research tax credits. He discussed the proposed regulations issued by the Internal Revenue Service regarding the medical device excise tax and the next steps companies should consider as they prepare for compliance with the new tax on January 1, 2013. Mr. Boyar also covered current hot topics related to R&D tax incentives.

Event Sponsor

Event Items:

PowerPoints

Medica Device Excise Tax PowerPoint (PDF)
R&D Incentives PowerPoint (PDF)

Photo Gallery

During ABC Channel 4 Interview, iQue Repair Announced Its American Fork Grand Opening for Apple Mobile Device Protection and Repair Services

Mon, 17 Sep 2012 04:00:00 GMT

iQue Repair, one of the fastest growing businesses in Utah, home of the iSmart Protection plan, and leader in the iPhone, iPad and iPod repair industry, announced in an ABC Channel 4 interview the Grand Opening of its fourth store in American Fork, Utah. The newest location will serve Apple product owners in the American Fork, Lehi, Alpine, Saratoga Springs, Lindon, Cedar Hills and surrounding areas.

Salt Lake City, UT, September 2012 – iQue Repair, LLC, www.iquerepair.com, appeared on ABC Channel 4’s Daily Dish program and announced the grand opening of its fourth store in American Fork, Utah. This store represents another major step in establishing an iQue Repair chain of Apple mobile device repair stores along the Wasatch Front and for servicing their revolutionary iSmart Protection plans.

When iQue Repair owner, K.C. Kelly was asked about their decision to open another store on the Wasatch Front, he responded, “There’s a strong demand signal by Apple consumers for repair services in the State of Utah and even nationwide. More and more individuals, schools and corporations are adopting Apple’s vision and are using their products. We continue to follow iQue’s strategic plan that responds to that demand by bringing our services closer to them.”

On Friday morning, the owners of iQue Repair interviewed with Actress Michelle Money (starred in “Bachelor Pad” and “The Bachelor”) and Daily Dish Host, Gretchen Jensen (former ESPN sports commentator and “Utah Living” Reporter) on ABC Channel 4, (visit http://www.cw30.com/content/news/dailydish/story/iQue-Repair/nz1KOojqwUaBl4l3M488bg.cspx).

During the ABC interview, Kelly described the kind of services iQue provided and their performance expectations for their rapidly growing business. He also announced that another iQue sponsored, high demand Groupon would be coming out this Wednesday in celebration of the American Fork store opening.

Michelle Money dubbed iQue Repair, “Our knights in shining armor,” because they’re answering the call to fill a real gap in service options. She then promised to visit their Midvale store later that day to have her iPhone repaired.

Kelly continued, “Our American Fork store is located in one of the busiest shopping areas there. Customers can drop off their devices to be repaired, go shopping nearby and pick up their fully functional device when they’re done. We’re conveniently located in the same parking lot as Costco and Lowes.”

All iQue Repair stores offer free WiFi and a relaxed living room environment for customers who prefer to wait for their repairs while still needing to stay connected. Most of the repairs can be accomplished in under one or two hours, or you can leave it and pick it up in the morning.

ABC-4 Host, Gretchen Jensen asked iQue owners if their services would upset other retail outlets like Apple and competing cell phone repair stores. They responded that they loved Apple products and specialized in repairing thousands of iDevices. They were passionate about providing a service that fills a real gap to keep Apple mobile devices operating at their fullest potential. iQue is giving the public an option to protect and repair their devices rather than replacing them when something goes wrong.

iQue Repair is home of the iSmart Protection Plan which is an extended warranty for iPhone, iPad and iPod repairs. They offer the revolutionary, 2 year, unlimited repair, no deductible iSmart Elite plans to individuals, corporations, schools and school district plans at volume discounts.

Their newest store is located at 945 West 500 North, Suite 100 in American Fork (the Costco parking lot). Their three other stores are located at 711 North Main in Layton (adjacent to the Layton Wal-Mart), at 2255 North University Parkway, Suite 35, in Provo (next to the Pizza Pie Cafe), and at 7231 South 900 East, in Midvale (across from Hillcrest High School).

Kelly summarized, “We are really excited to announce the grand opening of our fourth store in American Fork shortly before the iPhone 5 reportedly makes its debut. We have plans for opening many more locations and like Apple, will introduce new products, improved protection plans and same-day computer repair services in the near future.”

He concluded, “Though iQue Repair is not affiliated with Apple, Inc., we share a common vision. However, when things go wrong, we’d like you to think repair, not replacement. Please come by and visit us before you have an issue with your device and we’ll do our best to protect your investment.” iPhone, iPod and iPad are registered trademarks of Apple, Inc.

Contact Information

iQue Repair, LLC
945 West 500 North, Suite 100

American Fork, UT 84003.

801-872-4349

www.iquerepair.com

www.iSmartWarranty.com

Cyber Liability Conference 2012

Wed, 12 Sep 2012 04:00:00 GMT

Moreton & Company presents Cyber Liability Conference 2012 to be held on Tuesday, September 18, 2012. Please RSVP by Thursday, September 13, 2012.

UTC Clean Tech Roundtable

Wed, 12 Sep 2012 04:00:00 GMT

On September 12, we held a clean tech focus group and asked the following questions. The answers below each question were compiled from those that were in attendence. The meeting was let by Todd Stevens.

What are the major concerns you are facing as a clean tech executive? (What keeps you up at night?)
1. Funding
  1. VC/Angel
  2. Selective
  3. Valley of death
  4. Major projects àComplex
2. Underlying economics
  1. UT cheap power
3. Generation vs. efficiency
4. Utility push-back
  1. Different incentives
  2. Incentives for RE or efficiency
5. Workforce à infrastructure
  1. Education
Who are the major stakeholders that can determine success or failure for your company?
1. Customers – end users
2. Utilities
3. Legislature
4. Public/Private
  1. GOED
  2. EDCU
  3. Envision UT
What resources do you need to help grow your company?
1. Money
2. IT interface for analytics
  1. Web based services
  2. Where? U.S. vs. International
3. Human capital
  1. Good à excellent
  2. Recruiting out of state
How can UTC help your company fill those resources?
1. Tools for recruiting
  1. SLCC/TC aware of Clean Tech
2. Refine message
  1. Legislature
  2. Utilities
3. State targeted recruiting
What programming suggestions do you have for the UTC Clean Tech sector?
1. Utilities
2. Broaden approach
  1. Industry speakers series
3. Storage
4. Transportation/Transmission
5. Mentoring Companies
  1. Experts
6. Industry dinners
7. Topical panel discussions
8. Tax/Legal panel discussions
9. Health benefits to renewable energy
10. Economic impact
11. Address stakeholders
  1. State utilities
12. CHOICE

Event Items:

Photo Gallery

Technology Commercialization

Tue, 11 Sep 2012 04:00:00 GMT

Dr. Bryan Ritchie (bio) from the University of Utah’s Technology Commercialization Office presented on the role of the TCO in the commercialization of University intellectual property. This included a discussion of how to optimize the TCO’s net return on this investment, the role and importance of commercial-sponsored research, and the decision-making process behind whether to license new technologies to established companies in the community or to fund University-based startup companies.

Co-chairs for these workshops are Clark Turner of Aribex and Ronald Weiss of ARUP Laboratories.

Event Items:

Audio

Power Point (PDF)

Photo Gallery

State STEM Education and Workforce Initiative

Thu, 30 Aug 2012 04:00:00 GMT

The main purpose of this event is to announce the partnering of the key
stakeholders in the STEM efforts around the State (UTC, GOED, P2020,
USOE, USHE, industry, WTC,USMEC and many others to come). We will
also announce is the joint funding (USHE, GOED) to bring in a consultant
to help create our intitiative and the resulting network. This will be the official
activity to launch of the State STEM initiative and make a call to action to
industry to join us in supporting activities that promote STEM education
AND workforce.

RSVP to jscott@prosperity2020.com

Uncertainty and Economic Growth: Europe and the US Election

Tue, 28 Aug 2012 04:00:00 GMT

This month’s CFO Forum was a joint event for both small-mid and mid-large sized companies and was quite timely. Dr. Scott Schaefer who holds the Kendall D. Garff Chair in Business Administration at the University of Utah's David Eccles School of Business presented. Previously, he held the Richard M. Paget Chair in Business Administration at Northwestern University's Kellogg School of Management. He has published widely in economics, finance, management and accounting journals, has won multiple teaching awards, and is co-author of "Economics of Strategy,” a leading textbook in the field of strategic management. He holds a PhD in economics from the Stanford Graduate School of Business.

Audio | PowerPoint | Photos available to members only

Invitation to SLC Angels

Mon, 27 Aug 2012 04:00:00 GMT

Technology Commercialization Office (TCO) | The University of Utah

Dear Colleague,

I would like to introduce you to the SLC Angels. The SLC Angels is an association of accredited investors based in Salt Lake City that are focused on investing in and providing mentoring to promising entrepreneurial ventures to help them grow into large, profitable, companies. They are actively looking for additional accredited investors in Utah that share an interest in investing in local emerging companies.

The TCO relies heavily on our partnership with the local investor community to help us grow new ventures. If you are interested in becoming an angel investor, the SLC Angels extend an invitation for you to attend one of their dinner meetings to learn more. For more information, please call or email Dan Smith (801 -897-3175 or dan@slcangels.com). Or visit their website at http://tco.createsend1.com/t/j-l-gajhd-ijkjddtk-i/.

Sincerely,

Bryan Ritchie, Director
Technology Commercialization Office
University of Utah

The Technology Commercialization Office (TCO) at the University of Utah provides this email to send friends and colleagues updates about new developments and events. Learn more about us by visiting our website. TCO is a division of Technology Venture Development.

Contact TCO:
801-581-7792, Technology Commercialization Office University of Utah, 615 Arapeen #310, SLC, UT 84108

Copyright © 2012 Technology Commercialization Office

Westminster College Starts New Leadership Program

Thu, 23 Aug 2012 04:00:00 GMT

Westminster College Starts New Leadership Program

8/23/12

Numerous studies, such as a 2009 Skills Gap poll by ASTD, reveal that companies are facing leadership talent shortages that are affecting their ability to compete. Most studies agree that the trend may continue for several years. Westminster College has created an innovative certificate program to address this issue.

The Mastering Leadership Certificate Program is designed to help "high potential" employees develop executive level leadership skills. Students receive preparatory materials prior to a 2-day in-class session where they work on real-world problems and receive feedback and support from Westminster faculty coaches. Each leadership topic is customized to the company vision, mission, values and goals.

Both employers and employees are excited about the results. As the employee groups progress through the program, an amazing synergy occurs, increasing team building, cross-training and global understanding of the company’s challenges and goals and improving executive level and career skills.

Participants are evaluated on how well they can demonstrate what they have learned in their own work environment. Companies enjoy immediate ROI on their training investment as employees work on leadership skills they can apply as they advance in the company.

The two-day session requires a minimum of out-of-office time. Access to online resources, project customization and flexible feedback and support put the participant in control of their learning.

Sessions can be held on Westminster’s campus or at the company’s site during days and times that meet a company’s schedule.

The program is also available through an open-enrollment series designed for individuals or small company groups.

Read more about the program in a recent press release at http://www.westminstercollege.edu/campus_news/index.cfm?year=2012&id=1233

Contact Rose Defa at rdefa@westminstercollege.edu or 801-832-3422 for more information.

Does Your Company Need Managers or Leaders?

Thu, 23 Aug 2012 04:00:00 GMT

Does Your Company Need Managers — or Leaders?

Being a manager doesn’t make you a leader. In fact, the two roles are often mutually exclusive: As keynote Timothy R. Clark will explain, there’s an inherent conflict between “preserving” and “disturbing” the status quo.

So which does your business need?

"It comes down to creating value today versus creating value tomorrow," Dr. Clark says. "While both are important to the success of an organization, higher levels of responsibility in the context of turbulence and acceleration put a higher emphasis on leadership."

At UTC’s August 23 Industry luncheon, Dr. Clark explored the complementary but contradictory relationship between managing and leading and showed attendees how to foster and capitalize on the leadership talent that will help their organization become a disruptor in today’s market.

Timothy R. Clark is founder and chairman of TRClark LLC, which guides organizations in strategy, large-scale change and transformation, executive development and employee engagement. He is the author of Epic Change: How to Lead Change in the Global Age (2008), The Leadership Test: Will You Pass? (2009) and The Employee Engagement Mindset (2012). He also writes the syndicated column “On Leadership” for Deseret News.

Event Items:

Audio

Power Point (PDF)

Video (recorded by Stinger Studios http://www.stingerstudios.com/)

Photo Gallery

Global and Remote Sales Management

Wed, 22 Aug 2012 04:00:00 GMT

Mike Maxwell (bio), National Director of U.S. State & Local Government & Education Sales at Symantec, kicked off this discussion. He leads a team of over 150 people that includes field sales, inside sales, channel sales, sales engineering, business development, and government relations. He addressed the following topics:

Building a strong sales culture with remote sales – results, accountability, collaboration, and fun
Effective territory, account, and opportunity planning with remote sales
Customer face-to-face: when you need it and when you don’t
Sales training and coaching for remote sales

Event Sponsor:

Audio | Photos available to members only.

Landing Page and Lead Gen Conversion

Tue, 21 Aug 2012 04:00:00 GMT

At the Marketing Exec Forum, attendees came away with specific action items on how to improve conversion on their sales leads, subscriptions, visits, etc. However, instead of listening to how someone else improved their conversion, this was a hands on learning through your marketing materials and making improvements on the spot. The forum was lead by Mark Fredrickson, general manager of E-commerce at TechMediaNetwork.

The forum began by discussing Marketing Experiments’ conversion sequence: C = 4m + 3v + 2(i-f) - 2a. If you haven’t used this formula before, it can change how you think of your website and your marketing.

For more information on becoming a member of UTC, please contact our Membership Director Devin Spann at dspann@utahtech.org or call (801) 568-3500.

Event Sponsor:

Audio | PowerPoint | Photos available to members only.

Utah’s Life Science Cluster Steps Ahead

Fri, 17 Aug 2012 04:00:00 GMT

There was a great turnout at the recent launch of the Life Science Cluster Acceleration Strategy. Present were representatives from industry, education, government, and economic development. The overwhelming interest from the various groups shows that all stakeholders are serious about accelerating and supporting the growth and expansion of the diverse life sciences industry in Utah. The Acceleration Strategy is focused on addressing observations and recommendations published in the recent report ,”Accelerating Utah’s Life Science Industry” prepared by the Battelle Technology Partnership Practice, the contractor hired to assist with data collection and industry assessment. Those familiar with the Utah life science industry will not be too surprised by these findings (from Battelle’s report):

Employment in Utah’s life science industry grew by almost 26% during the period between 2001 and 2010 compared to 8.4% growth seen nationally
Utah’s four major life sciences subsectors – Medical Devices and Equipment; Drugs and Pharmaceuticals; Research, Testing, and Medical Labs; and Biomedical Distribution – provide a concentration of employment in these fields that is greater (20 to almost 200 %) compared to the rest of the nation, which gives Utah “specialization” status for these subsectors
Average annual wages in Utah’s life sciences industry is more than 50% greater than that for the other private sector industries in the state; however, the average annual wages in the four subsectors are as much as 45% lower than the national averages
Utah’s life science industry contributes significantly to the state’s economy
Utah has a number of core competencies that may be leveraged for future growth opportunities in the life sciences industry

The Battelle report emphasized four key issues that need to be addressed to bring about acceleration of the life sciences industry:

Establish a comprehensive approach to advancing talent development in the life science disciplines
Address the capital needs of life sciences companies
Maximize industry/university collaboration to better leverage the university research base
Promote the state as a life sciences center through branding and marketing

Life science talent development has been a longstanding concern for our Utah. Salt Lake Community College (SLCC) has invested heavily in the issue of talent over the past decade by developing a number of focused training programs. The first of these came in 2001 with the launch of the Biotechnology Technician program, which leads to an Associate of Applied Science (AAS) degree. This program was designed to provide training in life science fundamentals and techniques as preparation for entry-level research positions in academia and industry. Building on the success of this program and in response to industry demand, SLCC partnered with Utah Valley University (UVU) to create a new Biotechnology Associate of Science program at SLCC that allows students to transfer into a new Biotechnology Bachelor of Science program offered by UVU. This transfer pathway has served over 75 SLCC students since 2007. The result is a complete pathway that stretches from concurrent enrollment high school biotechnology programs all the way to a baccalaureate degree, the desired outcome of the Battelle report’s Recommendation #2 (Develop and implement life science career pathways) to address Key Issue #1.

Because biotechnology is very much an application-oriented field, SLCC recognized that mastery of biotechnology concepts and skills requires students to apply and practice what they learned in real-world situations. Internships have typically provided the desired hands-on training opportunity, but as outlined in the Battelle report, these are difficult for students to obtain in Utah. SLCC implemented a strategy to solve this supply-demand problem by establishing InnovaBio™, a contract research organization that accepts projects from local companies and assigns students to complete them. Students are mentored by staff scientists in an environment that stresses independence and scientific reasoning. Since 2006, InnovaBio has served approximately 500 biotechnology students from SLCC, UVU, and select area high schools, giving these students valuable research skills and an opportunity to work on real research projects. InnovaBio participants have seen other important benefits as well, including increased confidence, development of leadership and people management skills, and enhanced communication abilities. These outcomes clearly demonstrate that InnovaBio is an effective solution to the lack of internships in our locale and the focus of Recommendation #6, again addressing Key Issue #1.

These SLCC biotechnology training programs have captured the attention of some prominent local companies. Graduates have found employment with companies such as ARUP Laboratories, Echelon Biosciences, Idaho Technology, Inc., Myriad Genetics, Nelson Laboratories Tandem Labs, Schiff Nutrition, and University of Utah research labs. While these programs do an excellent job preparing students for research-based employment, the need for training in life science manufacturing skills required a separate effort.

To fill the manufacturing training gap, a new set of programs was launched at SLCC in. The Biomanufacturing Certificate of Completion, Diploma, and AAS programs were developed to provide training in regulated life science manufacturing as preparation for entry- to mid- level production positions. Because Utah’s life science manufacturing industry is highly diverse, these programs are focused on teaching foundational concepts and skills essential to quality and regulatory compliance rather than specific technical skills. Topics covered include good manufacturing practices, validation, continuous improvement tools, the ISO 9000 quality management system structure and requirements, and measurement fundamentals. Students/graduates from these Biomanufacturing programs have been hired by companies such as ARUP Laboratories, Cephalon, Idaho Technology, Nelson Laboratories, and Stryker. Some were already working in the life sciences industry and utilized these programs for additional training and professional development.

Teaching quality and regulatory compliance is undeniably valuable to manufacturers in the life sciences. However, this subject matter is difficult to master because topics involving quality principles and regulations are often abstract and require thoughtful interpretation of regulatory language. Quality and regulatory compliance is more effectively learned by application under proper direction. With the success of the InnovaBio program as a model, SLCC decided to establish a student-run contract manufacturing organization that would provide a simulated manufacturing environment in which students can practice and master quality and regulatory skills and gain industry-relevant work experience.

The college was awarded a $900K National Science Foundation Advanced Technological Education grant to develop and implement this contract manufacturing organization. With a cohort of 12 students and a projected capacity of up to 25 per semester, STUDENTfacturED was launched in January 2012 as a company that manufactures instructional supplies for biotechnology lab courses. The customer base is currently limited to instructors at SLCC, UVU, and area high schools teaching biotechnology courses for SLCC concurrent credit, but the plan is to ultimately expand service to customers throughout the country.

SLCC’s Biomanufacturing Program and the School of Business have collaborated to turn STUDENTfacturED into a true business enterprise that serves not only students from the Biotechnology and Biomanufacturing programs, but from Accounting, Business Management, and Marketing as well. By participating, the students are mentored by faculty and tasked to provide the “expertise” to fulfill various production- and business support- related functions necessary to run the business. There is potential to collaborate with other areas of the college to allow the enterprise to expand its core competencies (e.g. engineering) and thus its product lines. Aside from the opportunity to apply and practice what they have learned in previous coursework, STUDENTfacturED participants gain an in-the-trenches view of entrepreneurship, what it takes to start up and run a business, and how their individual contributions impact a company’s success.

The Biotechnology, Biomanufacturing, InnovaBio, and STUDENTfacturED programs at SLCC collectively form a comprehensive and rigorous training ground that provides a serious and value-added contribution to the life science talent pipeline in Utah. We will continue to strengthen this contribution and look forward to working with our public and higher education partners to address talent development effectively and accelerate growth and support of Utah’s Life Sciences Cluster.

For more information about these SLCC programs, please visit these web sites:

http://www.slcc.edu/biotech/index.aspx

http://www.slcc.edu/biomanufacturing/index.aspx

http://www.slcc.edu/innovabio/index.aspx

http://www.slcc.edu/studentfactured/index.aspx

Vivian Ngan-Winward, PhD, CQIA, CCT, CQE
Director, Biomanufacturing Program and STUDENTfacturED Mentor
vivian.ngan-winward@slcc.edu

Supplier Control

Wed, 15 Aug 2012 04:00:00 GMT

Supplier Control is a term coined by the international regulatory community and captures the necessary phases of continual supplier assessment. The Global Harmonization Task Force has delineated six phases that are distinctly devised to form the basis for a robust risk-based approach to managing suppliers for a manufacturing sponsor of the final product as a result of its intended use.

While the guideline was developed for medical device products, it was created on the basis of the ISO QMS elements for control of outsourcing (3.1), product review/determination (7.2) and purchasing (7.4) along with ICH Q10 and QSR components of similar detail.

Peter Knauer, head of CMC at LSK Biopartners and a senior partner consultant with MasterControl’s Quality and Compliance Advisory Services (bio), lead off this discussion. This clinic explored the six distinct phases with recommendations for approaching each. An EDM example was used to show the efficiency of capturing and utilizing supplier data. A Q&A discussion will follow Peter’s presentation. regulated companies that are affected by compliance issues.

For information on becoming a member, please our Membership Director, Devin Spann at dspann@utahtech.org or call 801-568-3500.

Event Items:

Audio

Power Point (PDF)

Photo Gallery

Aribex Reaches Major Milestone, Builds 10,000th NOMAD Handheld X-ray Unit to be Donated to Humanitarian Organization

Tue, 07 Aug 2012 04:00:00 GMT

OREM, UTAH—August 7, 2012—Aribex, Inc., worldwide leader in handheld X-ray technologies, welcomed today the completed production of their 10,000^th NOMAD^®handheld X-ray system. Aribex celebrates the demand of this technology, as dental offices increasingly prefer the versatility and improved patient care offered with the use of the handheld X-ray.

“We’re proud that the NOMAD has been so widely accepted in the market that we’ve reached this 10,000-unit milestone,” said Ken Kaufman, President and CFO of Aribex. “We’ve worked very hard to get to this point, and we cannot thank our customers enough for their continued patronage and support. We’re looking forward to many more exciting product achievements in the future.”

In celebration of the 10,000^th (10K) unit, Aribex participated in the Wasatch Wellness 10K/5K/1 mile run held August 4 in Provo, Utah. Race proceeds helped benefit the Provo Canyon Behavioral Hospital and mental illness patients who actively pursue increased behavioral wellness and seek the return to a normal routine in life.

Eighty-six employees, family members and friends participated in the event, with nine of them carrying NOMAD devices during the competition and 10 of them winning medals in their respective races and age/gender categories. Aribex also won the Corporate Cup Challenge for the most participants.

Aribex plans on donating the 10,000^th NOMAD to a humanitarian organization to be named later this month.

“Since our company’s roots are based on humanitarian efforts, we thought it appropriate to donate this historic unit to an organization that works among those with exceptional needs,” said Kaufman. “We’ve also seen that dental offices using the NOMAD have greater opportunity for humanitarian outreach, due to the portability of the NOMAD.”

Unlike the conventional wall-mount and portable X-ray systems, the NOMAD handheld devices from Aribex are lightweight, rechargeable (battery-powered), and can go anywhere. The NOMAD has rapidly become the X-ray device of choice for dental professionals around the world.

Because of its handheld nature, the NOMAD has been found to be of great value outside the traditional dental environment. Units have been taken on countless service missions around the world, treating those who previously have not had such access to care. Recent missions have gone to the Philippines, the Dominican Republic, Haiti, and Mozambique.

In addition, the NOMAD has been used in forensic victim identification following natural disasters such as the 2004 Indian Ocean tsunami and last year’s earthquake in Fukushima, Japan.

A photo of the 10,000^th unit, complete with engraved backscatter shield, can be seen at http://aribex.com/wp-content/uploads/2012/08/NOMAD-10K.jpg. Photos from the 10K race can be viewed at http://aribex.com/blog/10k-race-celebrating-10k-devices/.

About Aribex

Aribex is the worldwide leader in portable and handheld x-ray products. Aribex^® NOMAD X-ray systems are now in use in clinical, remote and mobile facilities throughout the world, from the finest professional offices to humanitarian missions reaching underserved populations who desperately seek care. The NOMAD significantly decreases costs and provides hundreds of safe, high-quality images for dental and veterinary applications on a single battery charge. For more information, visit www.aribex.com.

###

Company Contact:

Steve Dawson
Marketing Manager
P. 801-226-5522. Ext.20
F. 801-434-7233

Students Not Aquiring Skills Needed by Tech Companies in Utah

Fri, 03 Aug 2012 04:00:00 GMT

SALT LAKE CITY — More employees are needed to fill the ever-growing need of technology companies. But, more and more students are shying away from math and science classes and may not have the skills needed for the jobs.

The technology industry is growing rapidly in Utah with 7,000 companies in Utah in the IT, Clean Tech, and Life Science industries. The president and CEO of the Utah Technology Council is a little frustrated when talking about the needs of the exploding tech sector in Utah.

"Employment is growing," said Richard Nelson, UTC President and CEO. "Talent is our issue. We can't find enough talent to fuel the growth of these 7,000 companies. We need to be better preparing our students, that pipeline."

The obvious disconnect is between what is needed in Utah's businesses, and the fact that students aren't taking enough math and science classes in school.

"90 percent or more of the hot jobs, the jobs that are going unfilled, the high-paying, cool jobs, are STEM jobs," Nelson said. "They require extra effort." He suggested that Utah schools implement a grading system like Florida. He does credit the governor's administration and legislature for working on upping requirements for math and science.

Nelson said that industries can do a better job of getting into the classrooms, but educators also need to let them in. The Canyons School District has been exemplary in partnering with them to get students on the path toward these types of careers. In April, UTC named Canyons Superintendent, David Doty, the recipient of the Utah Technology Council's Educator of the Year award.

The governor recently announced a new initiative to improve schools, by getting volunteers from the business community inside. Technology companies have said more needs to be done to prepare students for careers. The goal is to have 20 business volunteers per school by the year 2020.

Hatch Statement on Cybersecurity Vote

Thu, 02 Aug 2012 04:00:00 GMT

WASHINGTON – U.S. Senator Orrin Hatch (R-Utah), a current member and former Chairman of the Senate Judiciary Committee and Chairman of the Senate Republican High-Tech Task Force, today issued the following statement after the cloture vote on the Cybersecurity Act of 2012 failed:

“Congress needs to address the growing threat of cyber attacks against our critical infrastructure, but this bill just wasn’t the right approach. Making matters worse was that no Senator was allowed to offer any amendments to try to improve it. Furthermore, no one has any idea how much this legislation costs and it puts too much regulatory authority in the hands of government agencies in Washington. I appreciate the hard work of my colleagues to address this growing threat, but unfortunately this bill just wasn’t something I could support. I hope we can continue this debate and give this important issue the attention it deserves.”

Encourage Employees to Make Healthy Lifestyle Changes and Promote Overall Health in your Workplace

Thu, 26 Jul 2012 04:00:00 GMT

Cammie Cable (bio), Vice President of Clearlink, shared their experiences on implementing a 360 Fit Wellness program and why they chose to have a wellness program that is participation based. They’ve seen healthy outcomes in their employees’ biometrics areas, over 20% decrease in their claims utilization rate, and decreased renewal rates year over year. Through positive encouragement and opportunities for employees to have a choice in their wellness program, you can have positive outcomes that will ultimately impact your business.

Event Sponsor

PowerPoint | Photos available to members only.

AdvaMed Presses Congress to Repeal Medical Device Tax

Wed, 25 Jul 2012 04:00:00 GMT

For Immediate Release
July 25, 2012

Abiomed’s Minogue Cites Impact on MedTech Start-Ups

WASHINGTON, D.C. – The Advanced Medical Technology Association (AdvaMed) today highlighted the strength and innovation of smaller medtech companies and the need to continue efforts to repeal the medical device tax slated to go into effect next year, pointing to the tax’ particularly harmful impact on small firms and start-ups.

Speaking on behalf of AdvaMed, Abiomed Chairman, President and CEO Michael R. Minogue testified before the House Committee on Small Business during a hearing on how small businesses are succeeding despite the recession. Minogue, who serves as a member of AdvaMed’s Board as well as chairman of the Association’s Emerging Growth Company Council Board of Directors, noted that the medical technology industry is “heavily skewed toward small companies – the kind of companies that begin with a scientist or doctor with an idea to improve patient care.”

“Almost two-thirds of the 7,000 medical technology firms in the U.S. have fewer than 20 employees,” he pointed out, adding that “a high proportion” of breakthrough devices and diagnostics come from small, often venture capital-funded companies.

However, Minogue warned that “even with truly innovative products and serious commitment, many emerging growth medical device companies simply do not succeed – especially in the current down economy when investment dollars are scarce and regulatory challenges are growing.”

Minogue said his “biggest concern” for the industry – and particularly for smaller companies and start-ups – is the looming medical device tax, which will go into effect on January 1, 2013.

“The tax will be especially damaging to innovative start-up companies, since start-ups tend to suffer losses in their early years when they are pouring money into research and development, and trying to move a product to market,” Minogue said. “Since the majority of the industry includes smaller companies that are not yet profitable, this tax increases the time these struggling companies will be operating at a loss. For some, it could truly be the difference between surviving and having to close their doors.”

Several studies have estimated that tens of thousands of jobs – as many as 43,000 – could be lost because of the tax. Minogue said while he and the medical technology industry are “supportive of improving our country’s health care system and improving patient outcomes, this tax is misguided and should be repealed.”

Minogue thanked the members of the House Small Business Committee for holding today’s hearing and expressed hope that the Senate would follow the lead of the House, which in June voted to repeal the medical device tax with strong bipartisan support. “The tax will cost jobs, harm innovation, and could lead to higher costs for patients, which is something that no one wants,” he said.

To access a copy of Michael Minogue’s testimony, click here.

Interior Establishes Three ‘Solar Energy Zones’ in Utah

Tue, 24 Jul 2012 04:00:00 GMT

Renewable energy • Interior proposes solar projects could be built in Iron and Beaver counties.

By Thomas Burr

The Salt Lake Tribune

Published: July 24, 2012 09:33PM
Updated: July 24, 2012 10:15PM

Washington • The Interior Department on Tuesday designated 285,000 federal acres in the West as “solar energy zones,” including three spots in Utah where officials say panels could go up quickly to fuel future electrical needs.

In laying out a “blueprint” for renewable energy on public lands, Interior officials said they’re attempting to streamline the approval process for the large-scale solar installations rather than permitting each one on a case-by-case basis.

Interior Secretary Ken Salazar said that the plan “serves as a road map for solar energy for decades to come and will help create an enduring and sustainable energy future for the United States of America.”

While setting aside zones in six states, the plan also blocks development of major solar projects in some 78 million acres of public lands in the West to protect cultural or natural resources.

The blueprint, Salazar said, “maps out where it makes sense to develop solar energy and just as importantly, it also maps out where doesn’t make sense to develop solar energy.”

In Utah, Interior proposes solar projects could be built in the Escalante Valley in Iron County and in Beaver County’s Milford Flats South and the Wah Wah Valley. In all, some 18,658 acres in Utah would comprise the state’s solar energy zones.

Large swaths of the state, including around national parks, are restricted from solar installations, according to a map provided by Interior.

But the department also labeled 19 million acres in the Western states as potential sites for solar projects through a waiver process and acting Bureau of Land Management Director Mike Pool says his agency expects to grant some of those variances.

Pressed about the process for choosing the solar zones, Salazar said that they were selected for their proximity to electrical transmission lines, the yield of solar energy in the area and the low conflict with biological, cultural and historical resources.

“Ample land is being made available here,” Salazar said.

Some 70 projects already in the pipeline for solar installations on public lands will be grandfathered into the latest plan, Interior says.

Environmentalists and the solar industry applauded the move that came after two years of negotiations.

“This is a huge step forward for the Bureau of Land Management, which has tended to address energy development on a project-by-project basis in response to the wants of individual companies rather than the values of the American public or the needs of fish and wildlife,” said Kate Zimmerman, the National Wildlife Federation’s policy director for public lands.

Shannon Eddy, executive director of the Large-scale Solar Association, said Interior should be praised for gathering input from all sides of the issue and finding a happy medium.

“Balancing the growing demand for domestically-produced solar energy with conservation objectives is not an easy task,” Eddy said. “We look forward to working with them to refine the process for permitting solar power plants and transmission in the West.”

Interior’s announcement Tuesday could help develop some 23,700 megawatts, enough energy to power 7 million American homes, officials said.

Currently, only one solar project on public land - a 50 megawatt operation in Nevada -- is generating electricity, though Interior officials said projects totaling 10,000 megawatts of power will be feeding the electrical grid by the next year.

Rep. Rob Bishop, a Utah Republican who chairs a House subcommittee over public lands, said he has significant concerns that the new zones might preclude other uses of the land, and he said he worries about the impact on the military’s Utah Test and Training Range.

“While I am a proponent of solar energy on public lands, where it makes sense, I have a healthy skepticism of new land designations that originate with Washington bureaucrats and not at the local or state level,” Bishop said.

“Placing specific limitations on use of our nation’s public land can often be detrimental to communities and while much remains to be seen about the solar zones, it is my goal to ensure that communities and residents are protected throughout the process.”

tburr@sltrib.com

original source

How You Can Sleep Better at Night by Using Public Key Infrastructure (PKI)

Fri, 20 Jul 2012 04:00:00 GMT

This presentation examined the components of Public Key Infrastructure (PKI) and how you can use it in your organization to provide:

More secure authentication.
Greater trust and reliability with information within the network.
Severely limit the spread of viruses through mediums such as email.
Digitial signing of electronic documents.
Certificates and the Certificate Authority.

The presentation included examples of how the Department of Defense has successfully implemented PKI. Presenters were Mike Houston (bio) and Todd Trotter (bio).

Audio | PowerPoint | Photos available to members only.

Building Effective Strategic Partnerships

Wed, 18 Jul 2012 04:00:00 GMT

Will West (bio) shared his experiences with developing strategic partnerships at our CEO P2P Forum on July 18. He explained what to look for (and what to avoid) in leveraging and maximizing external relationships that will lead to new business development and collaborative initiatives.

Event Sponsor

Audio | Video | Photos available to members only

UTC PR Clinic: Ken Krogue and Snapp Conner PR Presented Methods to Leverage PR and Community Building for Lead Generation and Sales

Wed, 18 Jul 2012 04:00:00 GMT

Cheryl Snapp Conner, Managing Partner of Snapp Conner PR, and Ken Krogue, a renowned leader in the creation of cutting-edge strategies for accelerating sales, shared valuable PR and lead generation methods at the Utah Technology Council’s Annual PR Clinic-

Presenters Cheryl Snapp Conner and Ken Krogue told attendees at the recent UTC Annual

PR Clinic that creating thought-leadership articles, e-books, infographics, and developing online communities are all ways companies can spread their message and leverage sales.

“This was one of our most well-attended and successful PR clinics that we have ever held,” President and CEO of UTC Richard R. Nelson said. “Executives from a number of Utah’s leading companies received very valuable knowledge about the important relationship of PR and sales.”

Snapp Conner presented methods of creating quality content, such as e-books and contributed articles, to develop thought leadership and online communities for companies.

“Providing contributed articles to leading publications such as Forbes and Harvard Business Review is a great way to deliver messages and start discussions about your business,” Snapp Conner said. “Thought leadership can give your company and its executives credibility, which will lead to sales opportunities and immediately increase visibility.”

Krogue discussed the importance of leads from the Internet and how companies can turn those leads into actual sales.

“Companies must follow-up with their new leads quickly. When companies get new leads from the Internet, it takes them an average of 46-plus hours to follow-up.” Krogue said. “Only 27 percent of sales leads ever get contacted. If a new lead from the web can be responded to within five minutes, your chance of closing that sale is 100 times better.”

Krogue also told attendees that search engine optimization starts with developing good content. He also highlighted evidence of the decline of SEO and rise of PR and social media.

“Developing e-books can help build leads by creating quality research to potential customers. Quality content, along with obtaining ‘likes’ and retweets on social media, is what Google is now using to rank searches.” Krogue said. “Developing content is key. Google has changed the game and PR and social media are now king.”

Clay Blackham, partner at Snapp Conner PR, also presented on infographics and presented key strategies on how to properly create and use them.

“Infographics provide interesting content to people and grab attention because it presents data in a way that’s more captivating.,” Blackham said. “Well-thought-out infographics can play a huge role in your content strategy as well as your media relations campaigns.”

UTC members can visit the UTC website to listen to recorded audio and obtain a copy of the slide presentation from the clinic. For more information on the UTC, including future events, and to become a member, please visit www.utahtech.org or call (801) 568-3500.

About the Utah Technology Council

Utah’s premier professional association, the Utah Technology Council has grown 15 percent a year for the past nine years becoming the essential business resource for high-tech, life science and clean-tech companies seeking to achieve greater success. At its core, UTC exists to foster the Growth of the state’s 7,000 technology companies, ensure Utah develops the highest Quality Workforce in the nation and attract an ever-increasing array of Funding. Members join UTC to share insights with industry peers, counsel with government and academic leaders, and receive help from professional service providers and funding resources.

UTC PR Contact:
Judy Young, Executive Director
T-801-568-3500
jyoung@utahtechcouncil.org

PR Agency Contact:
Cheryl Snapp Conner
Managing Partner, Snapp Conner PR
P-801-994-9625
C-801-376-2158
cheryl@snappconner.com

Grow America Springboard™ Announces July/August Kick-off Events; Releases Schedule for Utah Fall Competition

Tue, 17 Jul 2012 04:00:00 GMT

-Regional Events to Highlight Entrepreneurs and Present Competition Process and Dates For Final 2012 Portion of Utah's $1,000,000 Competition-

SALT LAKE CITY, July 17, 2012 /PRNewswire/ -- Grow America, provider of Grow America Springboard™ competitions to uplift and support entrepreneurs, today announced five regional kick-off events for the Utah Fall competition. Kick-off events provide opportunities for participants and other entrepreneurs to meet and hear experts on entrepreneurism and to learn more about how to enter and participate in Utah's Fall competition. Entries open Monday, July 23, for the Fall competition, which will be the second and final competition in 2012.

(Logo: http://photos.prnewswire.com/prnh/20120710/AQ37882LOGO)

Grow America noted that entrepreneurs must have participated in either the Spring or the Fall competition in 2012 to qualify for entrance in the Grow America Springboard Championship in early 2013.

"Grow America's Springboard competitions provide opportunities to support entrepreneurs and entrepreneurial companies, with a mission to create new jobs and strengthen local economies," said Founder Alan E. Hall. "We invite anyone with a great idea and an entrepreneurial spirit to participate in the Utah Fall competition, which is their final 2012 opportunity to qualify for the Grow America Springboard Championship in early 2013."

The Fall kick-off events are as follows:

July 23, 2012 - Salt Lake City, Utah. Zions Bank Founders Room, 7:00 - 9:00 pm. Keynote: Richard Swart, Executive Vice President, Grow America, with participation of Beth Holbrook, Director, Zions Business Resource Center. Connecting Ideas and Opportunities
July 25, 2012 - Lehi, Utah. Mountainland Applied Technology College, 7:00-9:00 pm. Keynote: John Richards. My Life Lessons As an Entrepreneur
July 26, 2012 - Logan, Utah. Utah State University, Keynote: Mike Glauser. Strategies and Lessons for Successful Entrepreneurs
Aug. 1, 2012 - Ogden, Utah, South Ogden Zions Bank Office, 7:00 - 9:00 pm. Keynote: Alex Lawrence, Vice Provost Innovation and Economic Development, Weber State University, Contributor to StartupFlavor and Forbes. What I've Learned from my Mistakes as an Entrepreneur
Aug. 3, 2012 - St. George, Utah. Dixie State College, Dunford Auditorium, Noon - 2:00 p.m. Keynote: Alan Hall, Founder, Grow America, with special thanks to Jill Ellis, Director of Southern Utah USTAR, Characteristics of Successful Entrepreneurs.

The Grow America Springboard Kick-off Events are free. To register, go to http://www.GrowAm.com/launch.

To enter the Utah Fall competition, go to www.GrowAm.com. Entries begin July 23. Awards for the Fall competition will take place during the Grow America Springboard show and expo in the Utah Salt Palace on November 1.

Premiering in Utah, Grow America is a national company with regionalized programs providing $1 million in cash awards and services during its 2012 Utah competition events. Grow America competitions uplift and support entrepreneurs to create new jobs and strengthen local economies.

All participants in Grow America Springboard receive the opportunity to benefit and participate from networking events and opportunities to connect with potential business mentors and investors.

Grow America Springboard's founding partners include: Zions Bank, Comcast, Comcast Spotlight, KUTV2 (Utah), The JAZZ and KJZZ.

About Grow America
Grow America is a national company with a mission to create jobs and lift local economies. Grow America aligns the partners, mentors and capital that entrepreneurs need to create and grow tomorrow's successful companies. Beyond the creation and expansion of early stage and growth companies, Grow America's ultimate goal is to put America back to work, one company and one community at a time. For more information visit www.growam.com and connect to @GrowAm and @AskAlanEHall.

tags: entrepreneurs, economic development, start-ups, business accelerator, business
mentoring, business resources, funding

PR Contacts:

Snapp Conner PR
Cheryl Conner and Jeremy Kartchner
801-994-9625
Cheryl@snappconner.com or Jeremy@snappconner.com

SOURCE Grow America

PR Newswire (http://s.tt/1iaXY)

Invitation for Utah IT companies to participate in a Webinar about the High Tech Road Show 2013

Tue, 17 Jul 2012 04:00:00 GMT

"Technology is playing an instrumental role in the changes that are sweeping through the Middle East and North Africa (MENA), raising the stakes and making clear that there can be no return to the status quo," said David Hamod, President & CEO of the National U.S.-Arab Chamber of Commerce." Concluded Hamod at the Consumer Electronics Show 2012, "Consumer electronics is an increasingly important economic driver in the MENA region, in part because the region has one of the fastest growing youth populations in the world.” Under Secretary of Commerce for International Trade, Hon. Francisco Sanchez, characterized the HTRS 2012 as a “very effective vehicle for promoting trade and investment between the United States and the MENA region, as well as a catalyst for the transfer of technology and knowledge.”

The National U.S.-Arab Chamber of Commerce (NUSACC), a truly international Chamber, with 25,000 members across the U.S. and Arab world, and with offices in Washington, DC, New York, Los Angeles, Houston, and Salt Lake City, is gearing up for their 6^th Annual High Tech Road Show (HTRS) in January 2013. Last year brought 50 delegates from 13 countries, resulting in new IT partnerships in NV, CA, and VA/DC/MD.

View this video to see the High Tech Road Show 2012 (in Arabic and very soon with English subtitles). Click the links for reviews on HTRS 2012 in La Vegas s, Silicon Valley, and Washington, DC.

Does Utah have the resources, the interest, and the infrastructure to become a key stop for the High Tech Road Show? The Governor's Office of Economic Development, World Trade Center Utah, and NUSACC will be hosting a couple of webinars/conference calls in the next couple of weeks to assess Utah's IT/ICT industry interest, resources, and potential level of support for this huge event.

Contact David Bradford to learn more and sign up for webinar.

The University of Utah Program in Personalized Health Care is pleased to announce its 2012-2013 Travel Grants Program

Tue, 17 Jul 2012 04:00:00 GMT

The University of Utah Program in Personalized Health Care is pleased to announce its 2012-2013 Travel Grants Program, providing funding for University of Utah faculty and trainee travel to national personalized health care conferences.

The purpose of these grants is to contribute to development of a robust Utah community of experts in the scientific, clinical, technical, legal, ethical and policy aspects of this growing field. Awards will cover up to $2,000 in conference registration, airfare, lodging, ground transportation and per diem expenses. Preference will be given to applicants pursuing long-term biomedical research and/or or health care-related careers in Utah.

The application deadlines are:

Monday, August 6, 2012, at 5:00 pm MST (for conferences taking place September 2012 - June 2013)
Monday, November 5, 2012, at 5:00 pm MST (for conferences taking place in January - June 2013)

Find application instructions and a list of eligible conferences at

http://healthsciences.utah.edu/phc/grants/travelgrants.html