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Red Herring selects Cicero Networks for The Red Herring 100 Europe 2007

Award Recognises the 100 “Most Promising” Companies Driving the Future of Technology

Red Herring today announced that Cicero Networks, a leading provider of wVoIP solutions for Fixed Mobile Convergence, is a recipient of Red Herring 100 Europe, an award given to the top 100 private technology companies based in the EMEA (Europe, Middle East and Africa) region each year. Cicero Networks selection underpins continued recognition of the company’s leading technology which is proven to enable operators to provide next generation Fixed Mobile Convergence services. The company was also recently selected as a technology pioneer for 2007 by the World Economic Forum and named as a Pulver 100 company for the third consecutive year.

“This year’s impressive list of winners demonstrates Europe’s emergence as a major player in the global technology sector,” said Red Herring Editor-in-Chief, Joel Dreyfuss.  “The exceptional accomplishments of European technology companies and entrepreneurs are a testament to the rapid advancements being made in building the European innovation ecosystem.”

Red Herring’s lists of top private companies are an important part of the company’s tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google, eBay and Skype were spotted in their early days by Red Herring editors, and touted as leaders that would change the way we live and work.  Red Herring’s editorial staff rigorously evaluated more than 700 private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development. 

“We are delighted to be selected to this prestigious list of European private technology firms”, said Ross Brennan, CEO Cicero Networks. “Cicero’s commitment to delivering real business benefit has given us a leading position in one of the most exciting areas in telecommunications and provides an excellent platform for growth during the year ahead”.

To honor the CEOs of Red Herring 100 Europe companies, Red Herring has invited each CEO to present his or her company at its Venture Market Europe (VME) 2007 conference in Cannes,  March 25-27.  Themed “The Pursuit of Disruption” it will explore how European firms are leading the charge in many technology sectors, gaining the competitive advantage, and driving entrepreneurial success in ways that create business opportunities for challengers and incumbents alike.

Ross Brennan, CEO Cicero Networks will present on Cicero’s strategy and value proposition, challenging the status quo in telecommunications and enabling delivery of innovative fixed mobile convergence services.

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 Cicero Networks
Cicero Networks is a leading provider of wireless VoIP solutions enabling telecommunication service providers to deliver fixed mobile convergence services to their enterprise and residential customers. Cicero Networks delivers end-to-end SIP-based solutions which optimise the delivery of carrier-grade voice and media services over alternative wireless networks including Wi-Fi, 3G and WiMAX. Partners include Comverse, Outsmart, Cirpack, HTC, HP, Novabase and Barik. Cicero Networks is also a Forum Nokia Pro member. Founded in 2002, the company is headquartered in Dublin, Ireland. For more information, visit www.ciceronetworks.com

For further information, please contact:
Nick Ward
CMP Communications
Tel: +44 (0)20 7401 8001
Email: nward@cmpcommunications.com

Cicero Networks Limited registered in Ireland No 324503
Registered Offices: Harmony Court, Harmony Row, Dublin 2, Ireland