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OK Labs Honored by Red Herring Among This Year’s Most Promising Private Technology Ventures
May 06, 2009
Red Herring 100 North America Awards OK Labs Finalist Honors
Chicago - May 6, 2009 - Open Kernel Labs (OK Labs), the leading provider of mobile virtualization software for mobile phones and broadband internet devices, today announced 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 1,200. 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.
Finalist distinction in the Red Herring North America 100 reinforces OK Labs as an innovator and leader of new technology,” said Steve Subar, President and CEO of OK Labs, “Our microvisor solution for mobile devices is the only solution of its kind deployed in the market.”
"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.
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 announce
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.
Open Kernel Labs
Open Kernel Labs is the global leader in open source virtualization software for mobile devices, consumer electronics and embedded systems. Backed by the largest, independent team of microkernel developers, the OKL4 embedded hypervisor is deployed on more than 300 million mobile phones worldwide. Chipset suppliers, handset OEMs, and mobile network operators depend on OK Labs to deliver high performance solutions that decrease BOM cost, reduce complexity and speed time-to-market.
For information on the OK Community, please visit the Community Portal at www.ok-labs.com/community/community-portal. Participants can join the Developer Mailing List at http://www.ok-labs.com/community/mailing-list-signup.
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Open Kernel Labs, OK Labs and Secure HyperCell™ are trademarks or registered trademarks of Open Kernel Labs or its affiliates in the U.S. and other countries. Other names may be trademarks of their respective owners.