NUITEQ Wins Prestigious Red Herring 100 Europe Award

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NUITEQ®, Swedish multi-touch solution provider,has been awarded the Red Herring Europe 100 award, a prestigious list honoring the year's most promising private technology ventures from the world European business region.

Innovative Multi-touch Solutions

"Being a Red Herring 100 Europe award winner is an amazing milestone for all the passionate people at NUITEQ. This is one of the most beautiful awards an innovative technology company can win.", Harry van der Veen,CEO, NUITEQ

NUITEQ®, a Swedish multi-touch solution provider, announced today that it has been awarded the Red Herring Europe 100 award, a prestigious list honoring the year's most promising private technology ventures from the world European business region.

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

"Being a Red Herring 100 Europe award winner is an amazing milestone for all the passionate people at NUITEQ. This is one of the most beautiful awards an innovative technology company can win.", says Harry van der Veen, NUITEQ's CEO. "This award is a great recognition for all our hard work and it emphasizes NUITEQ's continuous success and the quality of our industry leading multi-touch products and services. As NUITEQ is currently looking into its second round of venture capital, this event was a good opportunity to make good connections for additional funding, to continue growing our business."

NUITEQ was in September 2009 in New York (USA), awarded with a nomination for Best Product or Service of the Year 2010, in the International Stevie Business awards, for its industry leading multi-touch software product Snowflake Suite.

Recently NUITEQ won the MerIT-price, which is awarded to the company, project or achievement that was the most important for the line of business or the region.

Additionally NUITEQ was nominated as Best Newcomer of the Year 2010 and awarded Innovation Company of the Year 2010, at Alvar Gala, an award program that highlights companies in the region that offer unique products, projects and services, that create significant impact in the region, by attracting business and creating job opportunities.

Furthermore NUITEQ was nominated for the Norrmejerier stipendiet 2010 award program and it was awarded with a semi-finalist position for the Innovate!100 awards. The 2010 Innovate!100 award finals will place in the beginning of June at the office of Microsoft Sweden in Stockholm.

About NUITEQ
NUITEQ is an award winning Skellefteå headquartered, Swedish innovative technology company, that delivers off the shelf and customized interactive multi-touch software and hardware solutions for commercial applications. Its industry leading multi-touch software product Snowflake Suite, which includes over 20 multi-touch applications, an API and a SDK, is downloaded worldwide and used in many different industries. NUITEQ's solutions are available to end clients, software developers, system integrators, VARs and OEMs.
NUITEQ's vision is to change the way people interact with technology, through the mission of creating a natural interface between users and technology. Visit http://www.nuiteq.com for more information.

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 economy, featuring unparalleled insights on the emerging technologies driving the economy. For more information, visit http://www.redherring.com.

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Pradeep George
NUITEQ
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