Inovar, Inc. Recognized as one of Utah's 100 Fastest Growing Companies

FOR IMMEDIATE RELEASE: October 29, 2003

Inovar, Inc. was recognized as the 21st fastest growing company in Utah at the annual Utah 100 Awards ceremony. This is the second consecutive year that Inovar has received the prestigious Utah 100 award at the event sponsored by the Mountain West Venture Group.

Despite challenging economic times, Inovar has been able to consistently grow revenues and profits by providing flexible manufacturing solutions to its customers. Blake Kirby, President and C.E.O. of Inovar, attributes this growth directly to the broadening of the company's customer base, "Strategically we identify and align ourselves with OEM companies whose product and culture fit Inovar's business model." Kirby said the company expects to sustain a consistent controlled growth rate.

The annual Utah 100 Awards began eight years ago when launched by Mountain West Venture Group. The group selects the 100 honored companies from eleven thousand applicants statewide. The 2003 awards were based on revenue growth percentage from 1998 to 2002.

Inovar, Inc., based in Logan, Utah, is a provider of quality Electronic Manufacturing Services. The company's complete offering of turnkey services includes design, supply-chain solutions, printed circuit assembly, test and system build. Inovar manufactures products for OEMs in the medical, computer electronics, industrial, data communications and wireless industries.

For more information contact:

Megan Woolstenhulme
435-792-4949 x101
www.inovar-inc.com