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IKANO PRESS RELEASES
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IKANO Press Releases:
Title: IKANO COMMUNICATIONS / SISNA, INC. NAMED
ONE OF UTAH'S TOP 100 FASTEST GROWING COMPANIES
Date: October 16, 2000
For Release: IMMEDIATE
SALT LAKE CITY, UT --- IKANO/SISNA, Inc. Places Fifth on Mountain West Venture Group's
Utah 100 Awards Program. IKANO Communications, the market-leading IP networking infrastructure company and provider of branded Internet services, announced today that the Mountain West Venture Group named IKANO Communications/SISNA, Inc. the 5th fastest-growing company in the state of Utah as part of their annual Utah 100 Awards program. The Mountain West Venture Group of Utah recognizes the top 100 companies who demonstrate exceptional percentage revenue growth over a five-year period.
SISNA's Blanding, Utah, franchise, HubWest, was also recognized in the Utah 100 as Utah's 35th fastest growing company.
"IKANO is experiencing astonishing growth," says Henry Smith, IKANO president
and CEO. "IKANO has acquired more than 80 branded partners within the last 6 months, bringing the total number of branded partners to 170."
Within the last six months, IKANO has opened offices in San Francisco, New York, Cincinnati and Minnesota. In July, IKANO opened a 28,000 square-foot call center in Salt Lake City, enabling the company to better support its existing and growing number of clients and end-users. Further, IKANO has increased its staff from less than 75 to approximately 250 employees within the last six months. IKANO received $11.5 million in venture capital financing, Q4 1999.
"The rapid adoption of the Internet by businesses and consumers has caused a significant paradigm shift in the way companies and organizations communicate with end-users," said Henry Smith, IKANO president and CEO. "Companies are looking to IKANO to supply value-added, dynamic, customizable, scalable, and reliable Client branded IP products, services, and solutions. IKANO's IP services allow our clients to establish, develop, and enhance customer relationships, while increasing revenues and lowering costs."
The Utah 100 was first conceived by MountainWest Venture Group in 1995 as Utah's only business growth recognition program. This premier award identifies and recognizes Utah's top 100 fastest growing companies and top 25 revenue growth companies each year.
The top 100 fastest growing companies in Utah are selected from thousands of applicants solicited from throughout the state. They represent a cross-section of almost all industries in Utah, including information technologies, bio-medical and bio-technology, health care, retail, construction, and financial services.
About Mountain West Venture Group
Founded in 1983, Mountain West Venture Group is a non-profit organization that fosters business growth and capital development in Utah. The group encourages the participation of individuals and organizations interested in the establishment, funding and operation of successful business ventures. Based in Salt Lake City, the group is comprised of a broad mix of entrepreneurs, investors, venture capital providers, attorneys, bankers, accountants, consultants and educators. Visit www.mwvg.org.
About IKANO Communications
IKANO is a leading provider of Internet networking infrastructure and branded Internet services. IKANO provides turnkey processes for businesses and organizations wishing to leverage the Internet to deepen relationships with their customers. IKANO offers private label Internet services, including dial-up, DSL, and high-speed wireless Internet services, as well as Web hosting, branded portal development, technical support, automated accounting, unified communications and more. Since its first branded Internet Web site was launched in 1998, IKANO has added more than 170 branded partners. IKANO is the parent company of SISNA, one of the nation's leading Internet Service Providers. Visit www.ikano.com.
About SISNA, Inc.
Headquartered in Salt Lake City, SISNA is the largest and most reliable independent Internet Service Provider in Utah. SISNA provides complete Internet access, Web hosting, news, FTP, and filtered service. To date, SISNA's subscribers have access in the U.S, Canada, Europe and Asia via more than 2,900 dial-up locations. In addition to SISNA's international coverage, it is also Utah's largest Internet access provider with 21 locations. The 21 locations are strategically located to cover virtually the entire state's dial-up access locations. SISNA is the first Internet access organization to deploy the latest state-of-the-art Gigabit transparent caching system, thereby bringing the Internet closer to the subscriber. Visit SISNA's Web site at www.sisna.com.
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