Univa Honored Among This Year's Most Promising Private Technology Ventures in North AmericaLisle, IL, May 4, 2009 Univa, a leading provider of application and infrastructure enablement software for dynamic IT environments, announced today its status as a finalist of the "Red Herring 100 North America" award, a prestigious list honoring the year's most promising private technology ventures in North America. The Red Herring editorial team selected the most innovative companies from a pool of 1200. 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. "There were so many great companies producing really innovative and amazing products that we had a difficult time narrowing it down to 200. Now we're faced with the arduous task of selecting the final 100. We know that this year's crop will grow into some amazing companies that are sure to go far." "We are thrilled and honored to be among the top privately held technology companies according to experts at Red Herring," said Jason Liu, president and CEO of Univa. "As one of the leading providers of application and infrastructure enablement software for Cloud Computing environments, we are pleased that the Red Herring has recognized our success and has identified us as one of the most promising venture backed companies in North America." For over 10 years, The Red Herring 100 North America award, open to private technology companies headquartered in North America, has been given to the top 100 tech companies 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 telecom, communications, security, Web 2.0, software, hardware, biotech, and clean tech industries sent in their submissions to qualify for the award. The CEOs of the 200 finalists are invited to present their winning strategies at the Red Herring Conference in San Diego, where the Red Herring Top 100 will be announced. About Red HerringRed 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 access to the global innovation ecosystem, featuring unparalleled insights on the emerging technologies driving the economy. For more information, visit www.redherring.com. About UnivaUniva provides application and infrastructure enablement software for dynamic IT environments. For over a decade, Univa has helped customers to simplify, optimize, transform and extend their computing environments – including physical, virtual and cloud resources. Our award-winning infrastructure products are fast and easy to deploy, ensuring better time to value for our customers, and we intelligently automate resource provisioning via our unique product for application service governance. In addition, Univa is a leader and innovator in cloud enablement: we understand the challenges and benefits of cloud, and we've developed the path and comprehensive set of products to get you there. Univa takes an evolutionary approach to technology implementations, working with customers to determine the best way to leverage new technology. Our lightweight products are fast and easy to deploy, integrating with your existing systems rather than requiring you to 'rip and replace' what you've already invested in. Hundreds of market-leading companies come to Univa to build and operate their production infrastructures, from workgroup clusters to data center automation to cloud enablement. With a focus on making business easier for our customers, Univa is advancing the vision and practice of dynamic IT. For more information, visit our website at www.univaud.com. |
