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Powai Labs short-listed as a finalists for the Red Herring 100 Asia

PRESS RELEASE with inputs from Red Herring.com 28/08/06 and BEIJING, July 26 /Xinhua-PRNewswire Margin

 

Mr. Pramod Haque,   Managing Partner of Norwest Venture Partners (NVP) with Reapan Tikoo of Powai Labs at the Red Herring Event. Microsoft Chief Executive Officer Mr. Steve Ballmer with Reapan Tikoo of Powai Labs at the Red Herring Event

The nominees were rigidly evaluated on both quantitative and qualitative criteria such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their ecosystem. This unique assessment of their potential is complemented by a review of the actual track record and standing of a company, allowing 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.

For the past months, hundreds of companies in the telecomm, Web 2.0, software,hardware, biotech and energy related industries from countries like Kazakhstan,Korea, China, India, Japan and the Philippines have sent in their submissions to qualify for the award. At Red Herring Asia 2006, both the finalists and winners of the Top 100 will showcase their uniqueness and business potential.

"The level of entrepreneurial activity in Asia is no longer surprising," said Joel Dreyfuss, editor-in-chief of Red Herring. "The biggest shift is the emergence of innovative and disruptive companies that can play on the world stage." Red Herring is a sophisticated insider's guide to the business of technology, featuring unparalleled insights on the emerging technologies driving the economy, from the Internet to wireless communications and digital entertainment. Red Herring reports on how innovation and entrepreneurship are transforming business and how the business of technology is transforming the world, providing readers with a deep understanding of venture capital and capital markets. Recognized as an essential resource in today's fast-changing business world, Red Herring gets the right answers before anyone else even thinks to ask thequestions.

The names of the  companies short-listed as  finalists for the "Red Herring Asia 100" can be found online at http://www.xing.com/app/forum?op=showarticles;id=2137109;articleid=2137109

For additional information, please email at:
rh100asia@redherring.com

 

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