San Francisco, CA, November 18, 2010 --(PR.com
)-- GuardTime today announced it has been selected as a Finalist for Red Herring's top 100 Asia award, a prestigious list honoring the year's most promising private technology ventures from the Asia business region.
"We are honored to be recognized as a finalist in this year's Red Herring 100 Asia," said Mike Gault, CEO of GuardTime. (http://www.guardtime.com) "Our Keyless Signature solutions are delivering independently-verifiable proof of data integrity for some of Asia's most prominent government and commercial institutions, implemented through some of the most innovative Cloud providers in the region. We are thrilled that the Red Herring editorial team recognized GuardTime's position in the Asian market as both strategic and innovative."
The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Asia. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.
This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the "buzz" and make the list an invaluable instrument for discovering and advocating the greatest business opportunities in the industry.
"This year was especially difficult," said Alex Vieux, publisher and CEO of Red Herring. "Despite the global economic situation, there were many great companies producing really innovative and amazing products that we had a difficult time narrowing the pool and selecting the finalists. GuardTime (http://www.guardtime.com) shows great promise and therefore deserves to be among the Finalists. Now we're faced with the difficult task of selecting the Winners of the Top 100 Asia Award."
Finalists for the award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the several months leading up to the announcement, hundreds of companies in the mobile, security, Web 2.0, software, hardware, biotech, and clean tech industries sent in their submissions to qualify for the award.
The Finalists are invited to present their winning strategies at the Red Herring Asia forum in Shanghai, November 15-16, 2010. The Top 100 winners will be announced at a special awards ceremony on November 16 at the event.
About Red Herring:
Red Herring is a global media company uniting the world's best high-technology innovators, venture investors, and business decision-makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters, and major events for technology leaders around the globe. Red Herring provides an insider's view of the global innovation ecosystem, featuring unparalleled insights on the emerging technologies driving the economy. For more information, visit http://www.redherring.com.
Founded in 2006 by cryptography experts Dr. Märt Saarepera and Dr. Ahto Buldas along with Internet visionary Joi Ito, GuardTime provides an infinitely scalable and completely available Keyless Signature™ engine designed to deliver authenticity and integrity for the data that the world relies upon: as it sits on disk, moves throughout the network, and is used in the Cloud. Visit http://www.guardtime.com for more information about delivering data integrity to your customers, partners, providers, and employees.
Press & Media Contact:
Sean Martin, CISSP
GuardTime Pte Ltd
6 Marina Boulevard #44-18