SAN DIEGO, May 5, 2009 (GLOBE NEWSWIRE) -- Ethertronics, a leading provider of standard and customized embedded antenna solutions for wireless devices, 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."
"We are pleased to be selected as a Red Herring 100 finalist, which we believe is a testament to our strong business model, stellar team and ability to stay ahead of the trends in mobile technologies with innovative and high performance antenna products," said Laurent Desclos, Ethertronics' president and CEO "We have gained strong global traction in the 3G wireless arena with our passive embedded antenna solutions and are on the path toward that same success in the growing 4G and Mobile TV markets through our active antenna solutions."
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 Ethertronics, Inc.
Ethertronics designs and manufactures high-performance embedded antenna solutions for wideband and multi-band wireless devices. Ethertronics' leading-edge product lines, including Prestta(tm) stamped metal, Savvi(tm) ceramic, and Tavvel(tm) active antennas support a wide range of applications including cellular, UMTS, WiFi, WiMAX, Bluetooth, GPS, FM, MediaFLO and DVB-H/T, among others. The company's patented Isolated Magnetic Dipole(tm) (IMD) technology enables smaller size, design implementation flexibility, shortened design cycle and higher overall performance, while simultaneously meeting and improving upon standard safety emission requirements. Ethertronics' antennas have been selected by major customers worldwide garnering an installed base of more than 150 million units. Ethertronics maintains a global network of design centers and low-cost, high-volume manufacturing operations. For more information, visit www.ethertronics.com.