Mi5 Security is a Finalist for the 2010 Red Herring 100 Asia Award

Mi5 Limited (trading as Mi5 Security) announced today 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.
 

The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Asia and the Pacific. 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. Mi5 Security shows great promise 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.
 
Helen Wattie, CEO of Mi5 Security, stated “to be named as a finalist in this influential award is recognition of the strength of our team and our united vision. The growth and expansion we are experiencing is very pleasing and has attracted a lot of interest in our business from potential partners and investors from all parts of the world.”
 
Finalist 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.