Sensys Networks Honored Among
This Year's Most Promising Private Technology Ventures in North America
BERKELEY, Calif.—April 30, 2009
Sensys Networks, the
world’s leading provider of wireless traffic detection and integrated traffic data
systems, 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 1,200. 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."
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 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: 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 Sensys Networks
Sensys Networks is the world’s
leading provider of wireless traffic detection and integrated traffic data
systems. We provide a universal platform that delivers the most dependable,
flexible and cost-effective solutions on the market today. Our patented,
wireless magnetic sensors install in a fraction of the time with far less
disruption to highways and intersections than traditional detection
technologies. The Sensys Wireless Vehicle Detection System is deployed in more
than 30 U.S. states and 20 countries. It is the technology standard for the
world’s largest traffic data systems.