New York, NY (PRWEB) July 8, 2010
Junction Networks today announced it has been named to the prestigious Red Herring Top 100 list, which recognizes the leading private companies in North America, celebrating the honorees innovations and technologies across their respective industries.
“Junction Networks has celebrated many successes over the past year - from our business growth to the launch of new services like My.OnSIP and HD Voice, which has broadened our customer base and made OnSIP a standout product among hosted PBX vendors, said Rob Wolpov, president of Junction Networks. “We are pleased to have been recognized for these accomplishments by yet another prestigious organization.”
“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the Top 100 Winners. We believe Junction Networks embodies the vision, drive and innovation that define a successful entrepreneurial venture. Junction Networks should be proud of its accomplishment, as the competition was very strong.”
Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in North America.
About Junction Networks
With more than 5,000 customers, Junction Networks is one of the largest providers of hosted VoIP services to small and medium-sized enterprises. OnSIP, by Junction Networks, is a reliable business class phone service accessed over the Internet for companies with 5 to 100 employees. OnSIP customers enjoy the benefits of a business class phone system, without the traditional high cost, burden and inflexibility. For more information, visit http://www.onsip.com.