INDIANA'S TOP HIGH-POTENTIAL COMPANIES AWARDED IU'S GROWTH 100 DESIGNATION

EDITORS: A complete list of Growth 100 companies is included in this release.

INDIANAPOLIS -- For the third consecutive year, Indiana University's Center for Entrepreneurship and Innovation has recognized Indiana's 100 leading high-potential companies with the Growth 100 award, given at a symposium and awards ceremony today (Oct. 8) in Indianapolis.

The Growth 100 award honors Indiana's rapid growth, high-potential entrepreneurial companies with annual sales of at least $1 million. Other factors considered in the selection process are business concepts, attributes of the market, use of technology, and the ability to sustain high growth.

The winning companies are selected through a rigorous screening process conducted by IU faculty assisted by MBA students earning academic credit. The companies' operations are analyzed with a methodology similar to a "due diligence" examination.

This year's Growth 100 companies represent a cross-section of the state. "Two-thirds of the awardees are from central Indiana, 25 percent are from northern Indiana, and the rest, almost 10 percent, are from southern Indiana," said Daniel W. DeHayes, CEI director and IU professor of business administration.

But the award-winning companies do not limit themselves to local operations. "More than 90 percent of this year's awardees see themselves as participating in a national market, and nearly one-third consider themselves globally competitive," DeHayes added.

Companies that receive the Growth 100 award are invited to join the Growth 100 Network, a membership organization offering services such as networking with peers, educational programs and seminars, and research services.

Recognition from the IU School of Business puts Growth 100 awardees in good company -- Success magazine recently named the school as one of the nation's top 25 schools for entrepreneurs.

Individuals who wish to nominate their own or another company for consideration for next year's awards should contact CEI at 812-855-4248.

1997 Growth 100 Companies

Anderson: Continental Design Co., VA Transport Inc.

Bloomington: The Curare' Group, One World Enterprises, Teletron Inc., XJD Corp.

Columbus: CyberMetrix, Elwood Consulting Company Inc.

Edinburgh: Sacoma International Inc.

Elkhart: Environmental Test Systems Inc., Geocel Corp., Romaine Inc.

Evansville: Gemini Medical Inc., Ohio Valley Plastics Inc.

Fairmount: North American Manufacturing Inc./American Mobile Power

Ft. Wayne: Adaptive Micro-Ware Inc., LaBov & Beyond Inc., MAGTECH Services Inc., Panoramic Corp.

Goshen: Marque Inc.

Granger: Direct Line Communications Inc.

Hamilton: CTN Data Services Inc.

Indianapolis and area

Avon: Harlan Bakeries Inc.

Brownsburg: ALITEC Corp.

Carmel: AVANTEC Inc., C/Soft Inc.

Fishers: Single Source Systems Inc.

Greenfield: The Original Time Capsule Co.

Greenwood: AdminiServ Inc., G&H Wire Co./NEOdontics International

Indianapolis: Advanced Physical Therapy, Auctor Corp., Bangs Laboratories Inc., Bright Ideas in Broad Ripple Inc., BT Event Productions, CAD Design Inc., Campus Classics Inc., Centillion Data Systems Inc., CommNet Plus Inc., Communications Products Inc., Custom Mortgage Inc., CYBO Robots Inc., Dodson Group Inc., Eclipse America Corp., EHOB Inc., Enterprise Indianapolis, Environmental Monitor Systems Corp., ERIS Survey Systems Inc., Executive Management Services Inc., Fundex Games Ltd., G.M. Construction Inc., The Haelan Group, INDesign LLC, Integral Technologies Inc., JIST Works Inc., Johnstone Supply of Indianapolis and Terre Haute, Marking Products Inc., MCS Consultants Corp., Made2Manage Systems Inc., Majestic Marble Imports Inc., Major Motion Dancewear, Meridian Financial Corp., Meridian Medical Systems Inc., Pac-Van Inc., Performance Strategies Inc., Pillow Express Delivery Inc., PinPoint Resources LLC, Powerway Inc., Premiere Promotional Advertising, The Printing Co./Americolor, Professional Data Dimensions, Pure Corp., Quandt Inc., RCS SubAcute Inc., Re:Member Data Services Inc., Service Design Associates, Sun Coast Coffee Co./ Hubbard & Cravens Coffee Co. LLC, Sun Development and Management Corp., Unique Window & Door of North Central Indiana, Vector Technologies Inc., Warner Spring, Brake & Alignment Corp., White River Training & Consulting Inc.

Kirklin: Pinnacle Technology

Noblesville: Boice Manufacturing Inc., Indiana Automation Inc.

Shelbyville: Old Hickory Furniture Co. Inc.

Zionsville: NewPro Corp.

Jeffersonville: Spencer Machine & Tool Co.

LaGrange: Indiana Custom Trucks Inc./ICT Inc.

LaPorte: KISS Packaging Systems Inc.

Madison: River Valley Technologies Inc.

North Vernon: Decatur Plastics Products Inc.

Plymouth: Communication Technology Inc./Comtech Inc., Wiers Manufacturing International Inc.

South Bend: M&H Food Ventures Inc., d.b.a. LaSalle Grill; Press-Ganey Associates Inc.

Valparaiso: INNOVA Consulting Professionals Inc.

Vincennes: Advanced Microelectronics Inc.

Walkerton: J.F. New & Associates Inc.

Warsaw: Paragon Medical Inc.

West Lafayette: HemoCleanse Inc.

For more information, contact George Vlahakis, 812-855-0846 or 812-855-3911, gvlahaki@indiana.edu

Return to the Office of Communications Home Page