- Award Recognizes the "100 Most Promising" Companies Driving the Future of Technology
San Francisco, CA, May 2, 2007 - Red Herring today announced that EQO Communications, a leading provider of mobile internet phone services, is a recipient of the Red Herring 100, an award given to the top 100 private technology companies based in North America each year. EQO provides consumers with a presence-enabled mobile service that brings the benefits of low cost mobile VoIP, instant messaging and social networking to mass-market mobile handsets and 'smartphones.'
"Having received more than 800 submissions, it is clear that we are witnessing a new outburst of creativity." says Joel Dreyfuss, Editor-in-Chief of Red Herring. "With venture capital flowing again, it's exciting to see technology innovators and business investors collaborate to create disruptive technologies. The Red Herring 100 North America companies are impressive up-and-comers, and definitely the ones to watch."
The Red Herring editorial board diligently surveyed the entrepreneurial scene throughout the North American region and identified the top 200 out of more than 800 closely evaluated companies leading the next wave of innovation.
Red Herring's editorial staff rigorously evaluated more than 800 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 honoured to be among this year’s impressive list of winners," said Bill Tam, president and CEO of EQO Communications. "We view this award as further endorsement of EQO's innovative technology, and in the coming months we're looking forward to showing consumers around the world how to enhance their mobile voice and messaging experience and reduce the costs associated with mobile phone services."
Red Herring's annual 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.
To honor the winning companies of the Red Herring 100, Red Herring has invited each CEO to present their innovative ideas and technologies to an audience of leading entrepreneurs, financiers and corporate strategists at this year's Red Herring 100 Spring event, May 1-3 in Monterey, California at the Hyatt Regency Hotel. This year will mark the 10th anniversary of the Red Herring 100 Awards.
About EQO Communications
Based in Vancouver, Canada, EQO has developed a revolutionary mobile service that keeps people connected to their online communities and instant messaging networks from their mobile phone. Using a combination of a proprietary mobile soft switch platform and a presence-enabled Voice-over-IP (VoIP) signaling network, EQO is capable of bridging online identity, presence-based calling and Instant Messaging services to mass market mobile handsets available worldwide.
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.
