Bluenog Honored Among This Year's Most Promising Private Technology Ventures in North America

Bluenog Honored Among This Year's Most Promising Private Technology Ventures in North America



Bluenog, an enterprise software and solutions company, 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.



Piscataway, NJ (PRWEB) May 5, 2009



Bluenog, an enterprise software and solutions company, 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 1200. 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.



"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.



"Nearly every enterprise requires CMS, portal, and BI capabilities, and the tightly integrated functionality of our award-winning Bluenog ICE product provides competitive advantage to today's collaborative enterprise," said Suresh Kuppusamy, chief executive officer, Bluenog. "It's especially gratifying that Red Herring has recognized Bluenog for the innovation, performance and quality of our products."



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. For more information, visit www. redherring. com



About Bluenog

Bluenog is an enterprise software and solutions company. Our flagship product, Bluenog ICE, is an Integrated Collaborative Environment of content management, portal, and business intelligence software. It eliminates application silos, reduces total cost of ownership and accelerates application development. Leading organizations rely on Bluenog ICE, a commercial solution built on open source CMS, open source portal and open source BI projects, to build and deploy Rich Internet Applications (RIA) and manage dynamic website content at a fraction of the cost of traditional alternatives. Bluenog Solutions Group meets our customers' unique challenges by combining commercial and open source software into pragmatic solutions. Headquartered in Piscataway, N. J., Bluenog is also a Red Hat, Oracle and Actuate partner. For more information, visit www. bluenog. com.



Bluenog ICE is a trademark of Bluenog. All other trade names are the property of their respective owners.



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