Ittiam Systems Named a Red Herring 100 Asia Company
August 31, 2005
Award recognizes 100 private companies in Asia that drive the technology industry’s future
Ittiam Systems today announced that Ittiam has been named one of the Red Herring 100 Private Companies of Asia.
“Getting selected for the Red Herring Asia 100 list is quite an achievement,” said Red Herring editor-in-chief Joel Dreyfuss. “We had many strong entries, a reflection of the depth of entrepreneurship that has taken hold in Asia.”
“Ittiam’s innovative business model and cutting edge products are transforming the way our customers develop and market products,” said Srini Rajam, chairman and chief executive officer, Ittiam Systems. “Ittiam’s selection to Red Herring Asia 100 list a reflection of the impact we have had as a technology company from Asia and the huge potential Ittiam has looking to the future. We feel honored.” he added.
Red Herring’s lists of private companies are an important part of the magazine’s tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google and eBay were spotted in their early days by Red Herring editors as those that would change the way we live and work.
Red Herring’s editorial staff rigorously evaluated more than 500 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. Red Herring 100 Asia companies will be presenting their business model and strategy at the Red Herring 100 Asia Conference. The conference will take place September 5-7 at the Shangri-La Hotel in Shanghai, China.
About Red Herring 100 Asia Conference
Red Herring 100 Asia Conference is an invitation-only event for CEOs, select senior executives, and Venture Capitalists. Red Herring 100 Asia will bring together executives from mostly private companies. These executives will be joined by senior executives from public companies and Venture Capitalists.
Ittiam Systems Private Limited, headquartered in Bangalore, is a technology product company singularly focussed on digital signal processing systems in media and communication. The company operates through its network of offices and representatives around the world. Ittiam’s customers include Fortune 100 companies and are distributed across U.S., Europe, Japan and Asia. For more details, visit www.ittiam.com.
About Red Herring
Red Herring is the weekly magazine technology entrepreneurs, investors and industry observers read to stay ahead of the curve and to be better informed about the global marketplace. Red Herring covers technology, innovation, financial strategies, important personalities and trends that are transforming the world of business with unique insight, opinion and forward-looking analysis. Readers turn to Red Herring for knowledge to make strategic decisions, build companies and create a competitive advantage for their businesses. Red Herring articles, blogs, research and event information can be found online at www.redherring.com.
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