SOURCE: Parvus Corporation

October 06, 2011 15:31 ET

Parvus Named One of Utah's Fastest Growing Companies

MountainWest Capital Network Ranks Parvus 91st Fastest Growing Company in Utah

SALT LAKE CITY, UT--(Marketwire - Oct 6, 2011) - Parvus announced today it has been named one of Utah's 100 fastest growing companies by MountainWest Capital Network (MWCN), Utah's largest business networking organization. In today's awards ceremony at the Grand America Hotel, Utah Governor Gary R. Herbert recognized Parvus for ranking the 91st fastest growing company in the state. This is the third consecutive year Parvus has been recognized by MWCN as one of Utah's 100 fastest growing companies.

"Parvus' success can be attributed to developing cost-effective solutions that meet the military's specific requirements for Size, Weight and Power (SWaP)," said Parvus President Les Goodman. "By identifying customer requirements, monitoring industry trends, and developing products that satisfy the majority of current and anticipated requirements, Parvus has become a preferred supplier in the military and defense market. Our continued presence on the Utah 100 list is a testament to Parvus' unique offerings and the growing deployment of Parvus solutions in all areas of the military."

The 100 fastest growing companies in Utah are selected from thousands of eligible applicants throughout the state and represent a cross-section from all industries including those in information technology, biomedical, biotechnical, healthcare, retail, construction and financial services. The Utah 100 is determined by the percentage of revenue increases from 2006 to 2010.

Parvus has a long history of serving systems integrators and defense contractors with rugged embedded computer products, subsystems, and services. Parvus leverages extensive expertise in systems integration and electrical/mechanical design with a complete line of rugged commercial-off-the-shelf (COTS) embedded computer boards and enclosures. Some of Parvus' key customers include Lockheed Martin, General Dynamics, Raytheon, Northrop Grumman, among many others.

ABOUT PARVUS
Parvus Corporation is a leading supplier of rugged COTS computing and IP networking subsystems for Size, Weight, and Power (SWaP) constrained military, aerospace, and homeland defense applications. Parvus' tactical mission processors, network routers, Ethernet switches and embedded board-level products provide highly reliable command, control, computing and communication (C4) capabilities for situational awareness and mobile data processing in airborne, ground vehicle, and naval installations. Parvus was founded in 1983 and is part of the Eurotech Group (ETH.MI), a world leader in small form factor and high performance computing with operations across North America, Europe, and Asia. For more information, visit www.parvus.com.

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