ARCHIVE 2004

Valista Makes Prestigious Red Herring Top 100 List

The Red Herring 100 recognizes companies whose services, business models and products define business innovation. It represents leaders of tomorrow in more than a dozen sectors, including software, biotechnology, wireless, communications services, and business and financial services.

According to the editors of Red Herring, “The list sets the standard as the industry´s definitive list of private technology companies impacting the market place, revealing where new fortunes are likely to be made. Each of the 100 finalists is highly qualified to make a lasting impact on the industry. These companies, like the ones from past Red Herring 100s since 1997, will most likely grab the spotlight as the companies destined to become household names over the next few years.”

"Valista is delighted to be selected by Red Herring as one of the top 100 companies for 2004. This selection is a further affirmation, by Red Herring’s judging panel of Valista's product strategy, leadership and global customer base.” said Raomal Perera, CEO of Valista.

In its eight year, the Red Herring 100 has become the most sought-after list of its kind. The editors of Red Herring compile the list from subjective and metrical data favored by venture capitalists and investment bankers--insights that predict a company's ability to overturn existing markets or create entirely new ones.