Veracity Networks Ranked No. 1945 by Inc. Magazine

Provo, Utah – September 1, 2011 – Veracity Networks, a leading Utah telecommunications provider, announced today it has been recognized for its notable revenue growth locally by Utah Business Magazine’s Fast 50 award and nationally by Inc. magazine’s  fifth annual Inc. 500|5000 award. Both awards identify the fastest-growing companies based on criteria including revenue growth rate and increase in the number of employees.

“Veracity Networks is honored to receive this national recognition for our corporate growth and local dedication to Utah’s residents and businesses,” said Drew Peterson, CEO of Veracity Networks. “We work hard to not only understand our customers’ needs, but also to implement and innovate new ways to meet those expectations.”

The Inc. 5000 list represents a comprehensive look at the most important segment of the economy—America’s independent entrepreneurs.  Veracity was ranked No. 1945 nationwide, with a three-year sales growth of 131 percent. Veracity’s Inc. 5000 profile can be found at http://www.inc.com/inc5000/profile/veracity-networks.

Utah Business Magazine’s Fast 50 award highlights the 50 fastest-growing companies in Utah, with special recognition given to the Emerging Eight: companies less than five years old that have also experienced particularly significant growth. 2011 marks the third year Veracity has made this statewide list for esteemed growth.

“Veracity is a great example of a company that has been able to continue growing despite tough economic times,” said Sarah Ryther-Francom, Managing Editor of Utah Business Magazine. “Veracity’s growth is impressive, which is evident by the fact that the company has earned a spot on the Utah Business Fast 50 list three years in a row. Utah Business is proud to honor Veracity and the other Fast 50 and Emerging Eight companies that are leaders in Utah’s business community.”

For more information about Veracity Networks, visit its website at www.veracitynetworks.com, or call 801-379-3000 for personal assistance.

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About Veracity Networks

Veracity Networks is a locally owned, facilities-based telecommunications provider servicing commercial customers and residential customers on its next-generation FTTP network in Provo.  Its extensive network throughout Utah offers unmatched Internet speed, high-definition video and feature-rich telephone services. Customers range from residential customers with a single phone line, to one of the state’s largest private employers.  Veracity services are available to businesses and residents in American Fork, Provo, Orem, Traverse Mountain, Salt Lake City, Murray, Ogden, Kaysville, Bountiful, Midvale, St. George, and wherever Utopia services are available.  Veracity Networks has been recognized as the best telecommunications provider in the state of Utah by Best of State.  It is also dedicated in maintaining and improving its Tier-1 network infrastructures while setting industry standards in network stability and customer support.  With combined leadership experience of more than 50 years, and the most advanced telecom platform in the industry, Veracity Networks delivers “World-Class Service with a Local Touch.”