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MasterControl Awarded Fastest Growing at Utah 100 Awards


11/26/2008 10:42:33 AM

Salt Lake City, November 23, 2008 -- The MountainWest Capital Network (MWCN) Utah 100 Awards recently honored MasterControl, Inc. as one of Utah’s top one hundred companies for significant contributions to the state and its expanding economy. To be considered for the fastest growing category, an entrant must be a Utah-based, for-profit entity that has been in business for at least the last five consecutive years (2003 through 2007) and have had a minimum of $50,000 in total revenues in fiscal 2007.

“We congratulate the fine Utah-based companies who’ve worked so hard to earn this honor,” MWCN president Devin Thorpe said. “After 14 years of recognizing business achievement, the MountainWest Capital Network is proud to demonstrate that innovation and good management are qualities that stand the test of time.”

"I'm very excited about the award," said MasterControl CEO Jonathan Beckstrand. "We’ve earned the Utah 100 award many times over the past nine years and hope to continue our run. We’re opening new MasterControl offices in Europe and Japan, and are poised for continued expansion."

About MountainWest Capital Network

Based in Salt Lake City, MountainWest Capital Network's members include a broad mix of entrepreneurs, venture capital providers, professional consultants, attorneys, bankers, accountants, and educators from universities and institutions of higher education. MWCN seeks to promote business growth and capital development in the state through a variety of educational and professional activities. The premier programs that MWCN provides to the business community, other than their networking events, include the Utah 100 Program and the Utah Deal-Flow Report. Membership information is available through the MWCN website www.mwcn.org or via email at info@mwcn.org.

About MasterControl Inc.

MasterControl Inc. is a global provider of GxP process, quality audit and document management software solutions for life science companies. MasterControl™ products are easy to use, easy to deploy, easy to validate, and easy to maintain. They incorporate industry best practices for automating and connecting every stage of the product development cycle, while facilitating regulatory compliance. By combining an integrated platform with a continuum of risk-based software validation products and services, MasterControl drives down the total cost of ownership and enables customers to extend their investment across the enterprise. Over 400 companies use MasterControl solutions for easier compliance, faster validation, and better process management. For more information about MasterControl, visit www.mastercontrol.com, or call 800-825-9117 (U.S.) or +44 118 9812838 (Europe).

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