SeaWell named to Red Herring Top 100 North America list
Award recognizes companies who are advancing technology in the industry
TORONTO – June 20, 2011 – Red Herring announced that SeaWell Networks, Inc. was selected for its list of Red Herring’s Top 100 in North America for 2011. The award recognizes the leading private startups, celebrating their innovations and technologies across the industry.
“It’s great to receive recognition that SeaWell’s innovations are among the best in the industry,” said Andy Beach, VP of marketing and product management. “SeaWell is setting the bar for high-capacity online video delivery and introducing innovative solutions to address the industry’s impending challenges.”
The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across North America. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technological innovation, quality of management, execution of strategy and integration into their respective industries.
This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the “buzz” and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.
“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the Top 100 Winners. We believe SeaWell embodies the vision, drive and innovation that define a successful entrepreneurial venture. SeaWell should be proud of its accomplishment, as the competition was very strong.”
The Top 100 from North America are under consideration for the Red Herring Global Award. The Top 100 winners will be announced at a special awards ceremony the evening of December 7 at an event.
About SeaWell Networks
SeaWell Networks Inc. is a provider of Internet video delivery products designed for use by content producers and their content delivery partner organizations. SeaWell combines video compression standards and network level intelligence to uniquely create and deliver a high-quality viewing experience online while significantly reducing the cost of distribution.
Contact:
Brandon Garrett
801-305-1447
Brandon@radi8creative.com