Business Development Corporation of Provo Recognizes Renasis Success

Provo, UT, March 04, 2009 --(PR.com)-- Renasis, LLC, a leading technology innovator specializing in the design, development and manufacture of wireless communications products has been recognized by the Provo Business Development Corporation as one of its recent successes. The BDC, a non-profit organization sponsored by the Provo’s Economic Development/Redevelopment Department, offers small business financing to entrepreneurial companies in Provo and provides mentoring through the BDC Xcelerator forum. Member businesses meet to network, share successful business practices, and learn from established local businesses and business resources. After taking funding, Renasis increased local employment by creating five new positions and retired its BDC loan in just under three years.

Renasis President, Ki Chun, was greeted by Provo Mayor Lewis Billings and other BDC board members. Said Ki, “We are excited to be BDC ‘graduates.’ The BDC funding came at an opportune time. We appreciate the BDC board members’ confidence in our ability to translate the funds into growth and increased market share. The loan proceeds helped us bring new products to market and hire people to help carry the load. We were able to win an account with a large hotel chain in America - we continue to provide solutions for it today. With the BDC management mentoring and the BDCX forum, we’ve been able to fine tune our company processes and improve our sales and marketing strategies. The monthly meetings have been inspirational and motivational as well as useful, and the pizza is always delicious! Our thanks to the BDC board members!”

The BDC can be reached at (801) 852-6163 or visit them online at www.provo.org.

About Renasis

Renasis, LLC, specializes in the design, development and manufacture of wireless communications products, services and system solutions. Established in 2003 to meet the growing need for products which extend the reach of Wireless Local Area Networks (WLAN), Renasis’ suite of broadband, high-speed wireless products includes amplifiers, access points, cables, antennas and a variety of wireless accessories. Experts in the innovation and implementation of wireless technology, Renasis provides OEM/ODM design services to a growing number of premier manufacturers. Renasis is headquartered in Provo, Utah, and can be reached at 801-407-1300 or info@renasis.com and www.renasis.com.

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