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.