BWI: Vinjey Software Wins Red-Herring 100 Global Award

Press release from Business Wire India
Source: VINJEY Software Systems Pvt. Ltd
Tuesday, February 08, 2011 10:20 AM IST (04:50 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment; Technology
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Vinjey Software Wins Red-Herring 100 Global Award


Bangalore, Karnataka, India, Tuesday, February 08, 2011 -- (Business Wire India) -- VINJEY Software Systems, leading Embedded Software IP Solutions Company has bagged the coveted ''Red Herring's 100 Global award'', a prestigious list honoring the year's most promising private technology ventures worldwide. The award recognizes the 100 private Global firms driving the future of technology. The award besides recognizing VINJEY as the most promising young company has also proclaimed it as one that has vigor and vitality, right characteristics to make it big in the global market place.

The Red Herring editorial team selected the most innovative companies from a pool of 1200 companies from across the world - the Finalists from its Red Herring Asia, Europe and North America Awards. Red Herring's Global 100 list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Google, Skype, Netscape, Salesforce.com, YouTube, eBay and many others would change the way we live and work.

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 important instrument for discovering and advocating the greatest business opportunities in the Industry.

''Choosing the best out of the previous three 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 1,200 potential companies to 200 finalists. Trying to get it down to 100 companies was a task upon itself. VINJEY should be extremely proud of its achievement, the competition was difficult."

Finalists for the award are selected based upon their technological innovation, quality of management, market size, investor record, customer acquisition, and financial health and integration into their respective industries.

"We are honored to be recognized by Red Herring for this prestigious award," said Vinoth Kumar, Founder & Director of VINJEY Software Systems Pvt. Ltd."Standing alongside 99 of the world's most promising high-tech companies is a privilege and further validates our position as a leader in multimedia solutions. We pride ourselves on our ability to provide our customers with our unique one stop solution approach we have taken in delivering multimedia solutions to SOCs, OEMs & ODMs."This award comes as a welcome validation of our continuing innovation in this field.

About VINJEY:

VINJEY is a leading Embedded Software IP Solution Company, headquartered in Bangalore. Incorporated in 2004, VINJEY Multimedia solutions are highly optimized, robust with large scale deployments with number of Tier-1 SOC and OEMs. VINJEY's customers include Fortune 100 companies and are distributed across the world. More information is available at www.vinjey.com.

About Red Herring:

Red Herring is a media company whose mission is to cover innovation, technology, financing and entrepreneurial activity. Its journalists, research specialists and newsletter editors investigate on a global basis and report how the world of innovation and entrepreneurship are transforming business and how the business of technology is transforming the world.
For more information on Red Herring, visit www.redherring.com


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KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, MEDIA, TECHNOLOGY

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