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Parallels Named a Red Herring 100 Award Finalist
2008-04-16
Award Recognizes the 100 “Most Promising” Companies Driving the Future of
Technology
RENTON, Wash., April 16, 2008 – Parallels, a worldwide leader in
virtualization and automation software, has been named a finalist for the Red
Herring 100 Award, a selection of the 100 most innovative private technology
companies based in North America.
In preparation for the formal announcement of its Top 100 Award, the Red Herring
editorial board diligently surveyed the entrepreneurial scene throughout the
North American region and identified the top 200 out of more than 800 closely
evaluated companies that are leading the next wave of innovation.
"We can see the exciting evolution of the technology sector reflected in the
quality and variety of exceptional companies that we had to choose from in
putting our list together," said Joel Dreyfuss, editor-in-chief of Red Herring.
"It was tough to choose just 200 finalists from such a large list of excellent
contenders, and we are very happy with the quality of the companies we selected
as finalists."
Evaluations were made on both quantitative and qualitative criteria such as
financial performance, innovation, management, strategy, and ecosystem
integration.
According to Red Herring, Parallels is on the list due to its innovative and
entrepreneurial achievements.
The 100 winning companies will be announced at the Red Herring North America
event, May 12-14, in San Jose, California. The event attracts leading
entrepreneurs, financiers and corporate strategists.
More information about this event can be found at
http://herringevents.com/northamerica08/index.html.
About Red Herring Red Herring is a global media company which unites 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. More information about Red Herring is available on the
Internet at www.redherring.com.
About Parallels – Optimized Computing
Parallels (formerly SWsoft) is a worldwide leader in virtualization and
automation software that optimizes computing for consumers, businesses, and
service providers across all major hardware, operating system, and
virtualization platforms. Founded in 1999, Parallels is a fast-growing company
with 900 employees in North America, Europe, and Asia. For more information,
visit www.parallels.com.
Click here for more information
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