Ontela Honored Among This Year's Most Promising Private Technology Ventures in North America
Seattle Wireless Firm Named as a Red Herring Top 100 Finalist
Seattle, WA (PRWEB) May 7, 2009 -- Ontela, Inc. (http://www.ontela.com), provider of award-winning imaging services for wireless carriers, 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.
"We're honored to be recognized on the national stage by Red Herring!" said Dan Shapiro, CEO of Ontela. "Since our company's inception, we've been focused on delivering amazing photo services to wireless operators. Now, with the recent launch of products like Pic Transfer, Photobucket Mobile Uploader, and PhotoCopter on carriers like Verizon, T-Mobile, and Alltel, consumers can finally experience the product we've been working so hard on. This honor is a great capstone to that progress."
"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.
About Ontela:
Ontela provides technology infrastructure to wireless carriers that allows consumers to unlock the photos in their camera phones. Ontela's PicDeck technology has been certified by 30 operators including Verizon, T-Mobile, and Alltel on more than 100 handsets. It is also available preinstalled on devices from all five of the top global handset manufacturers. Ontela is headquartered in Seattle and is backed by Steamboat Ventures, Hunt Ventures, Voyager Capital, and Oak Investment Partners. For more information, visit www.ontela.com.
MEDIA CONTACTS:
Yvonne Caprini
ycaprini @ redherring.com
call Phone +1 (650) 428 2900x410
Lalee Sadighi
Red Herring|Reporter| +1-650-585-3543| lsadighi @ redherring.com
Rob Newton
Ontela, Inc.
(206) 940-7942
rob @ ontela.com
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