|[September 25, 2012]
Fred Lampropoulos and Josh James to be Inducted into UTC Hall of Fame
SALT LAKE CITY --(Business Wire)--
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 Nov. 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
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 buildng 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
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.
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 (News - Alert), 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 (News - Alert)/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 (News - Alert), 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, $5 billion 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
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.
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.
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 firstname.lastname@example.org.
About the Utah Technology Council
Utah's premier professional association, the Utah Technology Council has
grown 13 percent a year for the past 10 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 email@example.com
or call (801) 568-3500.
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