Mi5 Security wins coveted Global 100 Award in Los Angeles

Mi5 Security Winner in Top 100 Global Technology Awards from Red Herring

 
Los Angeles, USA, 9 December, 2011
 
Wireless technology security company Mi5 Limited has been recognised as one of the top 100 technology start-ups in the world after winning a Red Herring Magazine2011 Top 100 Global award.  Since 1996 the Red Herring100 list has been used by technology industry investors and commentators to uncover the most promising private ventures from around the world.
 
“Choosing the best out of the previous two years was by no means a small feat,” said Alex Vieux, Chairman of Red Herring. “After rigorous contemplation and discussion, we narrowed down our list from 1,100 potential companies to 100 winners.  It was an extremely difficult process. Mi5 Security should be extremely proud of its achievement, the competition for the Top 100 was fierce. The Top 100 Global are truly the best of the best.”    
 
In winning the award Mi5 Security stood out from thousands of entrants and according to the judges has an excellent business model and go-to-market strategies.  Mi5 Security CEO, Helen Wattie, says the judges also identified Mi5 as being a team of experienced and passionate entrepreneurs with unique, innovative and disruptive technologies that the judges felt would go far.
 

“Mi5 is on a high growth path,” she says.  “We have met a number of key industry contacts through being a Red Herring Top 100 Global finalist and we now expect to further our venture capital and partnership discussions in order to accelerate our expansion plans into the USA and other markets.”

 
Finalists are judged on a range of qualitative and quantitative metrics, including technology innovation, financial performance, growth, management, potential globalisation of the strategy and market share improvement. Mi5 received its award at an awards ceremony in Los Angeles last night.
 
 
About Mi5 Security
Mi5 Security is an acknowledged world leader in the creation and supply of converged security and technology innovations. Mi5’s solutions enable its customers to easily control and manage their security and monitoring requirements in remote locations. It achieves this through the delivery of new and unique surveillance and online products, combining the latest technology advances with proven and solid security practices. Based in New Zealand and Australia, Mi5 Security sells its products internationally through a network of partners and licensees.  
 
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 around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. Red Herring’s Global 100 list has become a mark of distinction for identifying promising companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Google, Skype, Baidu, Salesforce.com, YouTube, eBay and many others would change the way we live and work.