Intune Networks Wins Red Herring Top 100 Europe Award

Amsterdam, Netherlands – 15th April, 2013
 
Red Herring announced its Top 100 award winners today, recognizing Europe’s leading private companies and celebrating these startups’ innovations and technologies across their respective industries.
 
Red Herring’s Top 100 Europe list has become a mark of distinction for identifying promising new technology companies.
 
“Selecting startups that show the most potential for disruption and growth is never easy,” said Alex Vieux, publisher and CEO of Red Herring. “We looked at hundreds and hundreds of candidates from all across the continent, and after much thought and debate, narrowed the list down to the Top 100 Winners. Each year, the competition gets tougher but we believe Intune Networks demonstrates the vision, drive and innovation that define a Red Herring winner.”
 
Red Herring’s editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the technology landscape.
 
Ian Jenks, Intune’s CEO, said, ‘Intune have developed a highly disruptive switching system that will revolutionise the way we build networks. Winning the Red Herring award is a great endorsement of the impact this technology is about to have on the networking world.’
 
Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, overall business strategy and market penetration. This assessment was complemented by a review of the track records and standings of similar startups in the same verticals. Red Herring pride themselves on being able to ‘see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Europe.’