Monolith Software Is a Finalist for the 2011 Red Herring Top 100 North America Award

ST. CHARLES, IL--(Marketwire - Jun 6, 2011) - Monolith Software, the market's first and only unified IT infrastructure management software provider, announced today it has been selected as a Finalist for Red Herring's Top 100 North America award, a prestigious list honoring the year's most promising private technology ventures from the North American business region. Monolith Software was chosen for its company growth and unique, unified approach to IT infrastructure management -- featuring one consistent rules engine, one unified data warehouse and one consolidated multi-tenant interface.

The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across North America. 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.

"When it comes to ensuring the delivery of new IP-based applications and services, telecommunications providers and enterprise organizations are finding out that yesterday's infrastructure technology management tools are just not working," said Jeff Parker, president, Monolith Software. "To address this issue, we have developed the first unified platform to use a single code set for the effective management of the entire IT infrastructure -- in lieu of bolting together proprietary software garnered from various company acquisitions. We are honored Red Herring has recognized the significance of our unified approach."

In addition, the 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 a valuable instrument for discovering and advocating the greatest business opportunities in the industry.

"This year was very rewarding," said Alex Vieux, publisher and CEO of Red Herring. "The global economic situation has abated and there are many great companies producing really innovative and amazing products. We had a very difficult time narrowing the pool and selecting the finalists. With its unified IT management approach, Monolith Software has demonstrated significant industry momentum and value, therefore, deserves to be among the Finalists. Now we're faced with the difficult task of selecting the Top 100 winners of Red Herring North America. We know that the 2011 crop will grow into some amazing companies that are sure to make an impact."

Finalists for the 2011 edition of the Red Herring 100 North America 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 telecommunications, security, Web 2.0, software, hardware, biotech, mobile and other industries completed their submissions to qualify for the award.

The Finalists are invited to present their winning strategies at the Red Herring North America Forum in Hollywood, California, June 13-15, 2011. The Top 100 winners will be announced at a special awards ceremony the evening of June 15 at the event.

About Monolith Software
Monolith Software is the industry's first, and only, unified IT infrastructure management software. Monolith offers a comprehensive, fully integrated solution that provides one consistent rules engine for data acquisition, one unified data warehouse allowing unprecedented access to decision-enabling data, and one, consolidated multi-tenant interface for expanding access to deeper business intelligence. Accessible through real-time dashboarding, this unique, unified approach streamlines and enhances fault, availability, performance, correlation, discovery and topology mapping. The result is a simplified process for SLA management and capturing network KPIs. Comprehensive granular visibility, never before available by using disparate legacy tools, increases operational efficiency and allows for enhanced customer intimacy. www.monolith-software.com