2017 Finalists and Winners Stats Proprietary and Confidential to Colorado Companies to Watch Colorado, Inc.

Judging Panel Sam Bailey, President & CEO, Jefferson County EDC Brian Burney, President & CEO, Oliver Manufacturing David Kendall, Founder & CEO, Bold Legal Kari Linker, Director of Development, Morgan County Community College Mike O’Donnell, Executive Director, Colorado Lending Source Heather Potters, Chief Business Development Officer, Pharmajet Sumer Sorenson-Bain, Manufacturer’s Edge Richard Werner, President/CEO, Upstate Colorado Economic Development Richard Wobbekind, Executive Director, Business Research Division, University of Colorado Boulder

Second-Stage Eligibility Criteria 4 1 – OWNED BY ANOTHER: 3 – STARTUP: By “startup,” not concerned about age – there are a few “young” companies. This point means we are dealing with companies that are poised for growth, not figuring out how to make payroll this Friday. 4 – FTEs are so-called bona-fide employees for which the company pays payroll taxes. We do not count leased or contract employees toward a company being in second-stage because . . . (A) When we think of what is a 2nd Stage company, it is a company with certain challenges and opportunities. Among the challenges are HR issues (payroll taxes, benefits, hiring, firing), and among the opportunities are HR issues (being an enlightened employer, creating company culture) (B) from the foundation’s POV, taken as a whole, these three classes of workers are counted separately. (C) We would also face the counter issue of DQ’ing companies for being too big if they use a lot of contract workers. 5 – REVENUE: Investors and grants, talk about later Second-Stage Eligibility Criteria Be privately held (not publicly traded, not a subsidiary or division). Be a commercial enterprise, not a nonprofit. Be past startup, facing issues of growth, not survival. Employ 6-99 FTEs, including the owner. Between $750,000 and $50 million in annual revenue or working capital in place from investors or grants.

Second-Stage Eligibility Criteria 5 8 – COMPANY STRENGTHS enables us a holistic look at the company Second-Stage Eligibility Criteria Be headquartered in Colorado. Demonstrate the intent and capacity to grow, based on evidence such as: Employee or sales growth Exceptional entrepreneurial leadership Sustainable competitive advantage Other “company strengths” that showcase the company’s success

Selected from over 650 Nominations which became 172 Applicants 100 Finalists Selected from over 650 Nominations which became 172 Applicants

Finalists Economic Impact Item 2017 Y/Y Growth 2016 Receipts $838,641,852.62 72.0% 2017 Receipts, Projected $1,977,055,923.19 136.0% 2016 FTE Employees 2,922 30.0% 2017 FTE Employees, Projected 3,959 35.5% 2016 Contractors 460.5 24.8% 2017 Contractors, Projected 551 19.7% The company must have between $750,000 to $50 million in revenue and/or working capital by the end of 2016. Projections in 2017 may be beyond $50 million.

Finalists Revenue Range 2016 2017 $750 - $999 5 $1M - $4.99M 55 48 $5M - $9.99M 23 26 $10M - $24.99M 13 17 $25M – 50M 4 9

Finalists FTE Range FTE Range 2016 2017 6 – 25.75 60 45 26 – 50.75 27 34 51 – 75.75 7 11 76 - 99 6 3 100+

Finalists Firm Age (Yrs) Years 2017 1 - 9 63 10 - 19 27 20 - 29 6 30 - 39 4 40 - 49 50 - 74 75+

Finalists Firm Age (Years) 1 - 9 Year Detail 2017 1 year 2 years 3 years 13 4 years 10 5 years 18 6 years 12 7 years 6 8 years 3 9 years 1

100 Finalists HQ Locations Metro Denver 78 N Front Range 7 Southwest 2 S Front Range 6 North Central 1 Northwest West 5

Finalists: 68 Industries Represented Advertising Agencies All Other Miscellaneous Chemical Product and Preparation Manufacturing All Other Miscellaneous Food Manufacturing All Other Professional, Scientific, and Technical Services All Other Specialty Trade Contractors All Other Support Services All Other Travel Arrangement and Reservation Services Ambulance Services Apparel Accessories and Other Apparel Manufacturing Architectural Services Caterers Coffee and Tea Manufacturing Colleges, Universities, and Professional Schools Commercial and Institutional Building Construction Commercial Printing (except Screen and Books) Computer Systems Design Services Custom Computer Programming Services Data Processing, Hosting, and Related Services Drinking Places (Alcoholic Beverages) Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers Electrical Contractors and Other Wiring Installation Contractors Electronic Computer Manufacturing Engineering Services Environmental Consulting Services Full-Service Restaurants Furniture Merchant Wholesalers Hardware Manufacturing Household Furniture (except Wood and Metal) Manufacturing Human Resources Consulting Services Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables Internet Publishing and Broadcasting and Web Search Portals Investment Advice Lessors of Nonresidential Buildings (except Miniwarehouses) Limited-Service Restaurants

Finalists: 68 Industries Represented Marketing Consulting Services Medicinal and Botanical Manufacturing Office Administrative Services Offices of Certified Public Accountants Offices of Physicians (except Mental Health Specialists) Offices of Real Estate Agents and Brokers Other Activities Related to Real Estate Other Commercial and Industrial Machinery and Equipment Rental and Leasing Ophthalmic Goods Merchant Wholesalers Other Computer Related Services Other Grocery and Related Products Merchant Wholesalers Other Management Consulting Services Other Miscellaneous Durable Goods Merchant Wholesalers Other Miscellaneous Nondurable Goods Merchant Wholesalers Other Snack Food Manufacturing Other Waste Collection Periodical Publishers Petroleum Bulk Stations and Terminals Pipeline Transportation of Natural Gas Portfolio Management Professional Employer Organizations Public Relations Agencies Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology) Sales Financing Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing Software Publishers Solar Electric Power Generation Sporting and Athletic Goods Manufacturing Sporting Goods Stores Supermarkets and Other Grocery (except Convenience) Stores Testing Laboratories Tile and Terrazzo Contractors Wineries

Selected From 100 Applicants 50 Winners Selected From 100 Applicants 2015 Name of Event

Winners Economic Impact Item 2017 Y/Y Growth 2016 Receipts $523,619,384.38 85.0% 2017 Receipts, Projected $946,581,853.19 81.0% 2016 FTE Employees 1,643.5 37.7% 2017 FTE Employees, Projected 2,136 30.0% 2016 Contractors 263 29.2% 2017 Contractors, Projected 297 12.9% The company must have between $750,000 to $50 million in revenue and/or working capital by the end of 2016. Projections in 2017 may be beyond $50 million.

Winners Revenue Range Revenue Range 2016 2017 $750 - $999 1 $1M - $4.99M 23 18 $5M - $9.99M 15 16 $10M - $24.99M 10 13 $25M – 50M 3

Winners FTE Range FTE Range 2016 2017 6 – 25.75 28 17 26 – 50.75 13 19 51 – 75.75 5 7 76 - 99 4 3 100+

Winners Firm Age (Yrs) Years 2017 1 - 9 30 10 - 19 15 20 - 29 3 30 - 39 2 40 - 49 50 - 74 75+

Winners Firm Age (Years) 1 - 9 Year Detail 2017 1 year 2 years 3 years 5 4 years 5 years 9 6 years 6 7 years 3 8 years 1 9 years

50 Winners HQ Locations Metro Denver N Front Range 4 Southwest 1 36 N Front Range 4 Southwest 1 S Front Range North Central Northwest West

More Winners Statistics Legal Business Form 51% or More Owned By 14 – C Corp 20 – LLC 16 – S Corp 4 – Veteran 11 – Female 3 – Minority

More Winners Statistics Company Locations Profitable 32 In Colorado 38 Outside of Colorado 68 Total 40 out of 50 All are current on financial obligations

More Winners Statistics Business Funded by Other Sources 11 – Bank Loan(s) 12 – Friends and Family 4 – Venture Capital 4 – Credit Cards 2 – Crowdfunding 3 – Grants 16 Personal Savings 12 – Angel Investors Revenue from acquired company Sold Shares

Winners: 40 Industries Represented Advertising Agencies All Other Miscellaneous Food Manufacturing All Other Professional, Scientific, and Technical Services All Other Support Services Apparel Accessories and Other Apparel Manufacturing Coffee and Tea Manufacturing Commercial and Institutional Building Construction Commercial Printing (except Screen and Books) Custom Computer Programming Services Data Processing, Hosting, and Related Services Electrical Contractors and Other Wiring Installation Contractors Electronic Computer Manufacturing Engineering Services Full-Service Restaurants Furniture Merchant Wholesalers Household Furniture (except Wood and Metal) Manufacturing Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables Internet Publishing and Broadcasting and Web Search Portals Limited-Service Restaurants Marketing Consulting Services Medicinal and Botanical Manufacturing Office Administrative Services Offices of Physicians (except Mental Health Specialists) Ophthalmic Goods Merchant Wholesalers Other Activities Related to Real Estate Other Commercial and Industrial Machinery and Equipment Rental and Leasing Other Computer Related Services Other Grocery and Related Products Merchant Wholesalers Other Miscellaneous Durable Goods Merchant Wholesalers Other Miscellaneous Nondurable Goods Merchant Wholesalers Other Snack Food Manufacturing Periodical Publishers Portfolio Management Sales Financing Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing Software Publishers Sporting and Athletic Goods Manufacturing Sporting Goods Stores Supermarkets and Other Grocery (except Convenience) Stores Wineries