Madison Performance Group Selected as a Finalist for the 2012 Red Herring Top 100 Americas Award

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Workforce Recognition Provider Honored for Innovative Technology Solutions

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Our configurable technology platform allows us to deliver customized recognition programs that can accommodate the unique needs of our Fortune 500 clients, said Alex Alaminos, COO, Madison Performance Group.

Madison Performance Group, a global web-based workforce recognition and employee incentives solution provider, announced today it has been selected as a finalist for Red Herring's Top 100 Americas award, a prestigious list honoring the year’s most promising private technology ventures from the North American business region.

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.

“We are pleased to be honored as a nominee by Red Herring for our industry-leading recognition and sales incentive solutions,” said Alex Alaminos, COO, Madison Performance Group. “A sound workforce recognition program is critical to effectively engage and retain today’s knowledge workers. Our configurable technology platform allows us to deliver customized recognition programs that can accommodate the unique needs of our Fortune 500 clients and the leading global enterprises.”

Finalists for the 2012 edition of the Red Herring 100 Americas award were selected based on technological innovation, management strength, market size, investor record, customer acquisition, and financial health. Hundreds of companies in the security, Web 2.0, software, hardware, life sciences, cloud, mobile and other sectors completed their submissions to qualify for the award.

"This year was very rewarding," said Alex Vieux, publisher and Chairman of Red Herring. "There are so many great companies producing truly innovative and amazing products and technologies. We had a very difficult time narrowing the field and selecting the finalists from such a group of future stars. Madison Performance Group shows great promise therefore deserves to be on the short list. Now we are faced with the difficult task of selecting the Top 100 winners.”

The finalists will present their winning strategies at the Red Herring Americas Forum in Santa Monica, California, May 21-23, 2012. The Top 100 winners will be announced at a special awards ceremony the evening of May 23 at the event.

About Madison Performance Group
Madison Performance Group is a global web-based workforce recognition and incentive solutions provider. With a 38-year history and established reputation for delivering market-leading recognition tools, Madison is trusted by Global 2000 organizations for its proven, scalable and configurable technology platform. The company helps organizations use strategic recognition to increase employee engagement, retain talent, foster innovation and create brand ambassadors. Madison is headquartered in New York City with five locations worldwide and offers the largest rewards fulfillment network that can be offered globally and implemented locally. For more information, visit MadisonPG.com.

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Meggan Manson
Young & Associates
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