uGenius Named One of Utah’s Emerging Eight

Utah Business Magazine Recognizes Eight Young Companies That Have Experienced Impressive Revenue Growth

SALT LAKE CITY--(BUSINESS WIRE)--uGenius, the leading firm providing comprehensive multi-channel video banking solutions to financial institutions, today announced that it has been named one of Utah’s Emerging Eight as part of Utah Business Magazine’s annual Fast 50 awards.

“We are honored to be recognized by Utah Business magazine and the business community of Utah at large as one of this year’s Emerging Eight”

The Fast 50 awards honor the entrepreneurial spirit, innovative business tactics and skyrocketing revenue of the fastest-growing companies headquartered in Utah based on five years of revenue. The Emerging Eight designation is bestowed on companies that are less than five years old but have shown innovation, leadership and have already experienced impressive growth.

uGenius counts 30 banks and credit unions across three countries as clients, and its innovative line of video banking technologies has helped the company achieve 40 percent growth in the past year. uGenius has also received an investment from NCR Corporation, a global technology company, to develop new banking solutions that will be deployed around the world.

“We are honored to be recognized by Utah Business magazine and the business community of Utah at large as one of this year’s Emerging Eight,” said Gene Pranger, founder and CEO of uGenius. “At uGenius, we truly believe that our products, technologies and solutions are changing the banking industry for the better. Our dedicated team is deeply invested in the company’s success, and I am confident that this award will be one of many as we continue to revolutionize the way financial transactions are conducted.”

For more information on uGenius’ line of banking solutions, visit www.uGenius.com.

About uGenius Technology

uGenius Technology is revolutionizing access to live transaction services by creating personal, convenient, and efficient methods of servicing customers through the use of personal video transaction technologies. uGenius is the leading firm in providing comprehensive multi-channel video banking solutions to financial institutions. The primary product line is the uGenius Video Banking System which allows financial institutions to provide teller services remotely to customers by using video banking enabled devices. uGenius (www.uGenius.com) is based in Sandy, Utah.