Red Herring Reveals Companies Selected as Finalists for the Red Herring 100 Europe...

Red Herring Reveals Companies Selected as Finalists for the Red Herring 100
Europe 2009

BERLIN, March 24 /PRNewswire/ -- Red Herring today announced that Oversi
was named a Finalist 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.
"This year's impressive list of submissions from companies demonstrates
Europe's growing role as a major center of innovation in the global
technology sector," said Red Herring Publisher, Alex Vieux. "The exceptional
accomplishments of European technology startups and entrepreneurs are a
testament to the rapid advancements being made in building the European
innovation ecosystem."
"We are honored to be included in this prestigious list of companies. As
a pioneer in caching technology for peer-to-peer and Internet video, we are
proud that our commitment to innovation has been recognized in this way. Our
goal is to bring true benefits to service providers worldwide by helping them
to save on OPEX and CAPEX while delivering the best Internet video experience
to their subscribers," said Oversi's President and CEO, David Tolub.
Red Herring's lists of top private companies are an important part of the
publication'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 several hundred
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 will honor the Red Herring 100 Europe Finalist companies at
its Red Herring Europe 2009 Conference. Scheduled for March 31- April 2, at
the Berlin Radisson Hotel. This intimate, 2 1/2 day event will explore how
European firms are leading the charge in many technology sectors, gaining a
competitive advantage, and driving entrepreneurial success in ways that
create business opportunities for challengers and incumbents alike.
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 http://www.redherring.com.
About Oversi
Oversi offers a breakthrough multi-service platform for over-the-top
(OTT) content, including Internet video, peer-to-peer (P2P) and other media
applications. Oversi's solutions enable service providers to cope with the
huge traffic load on their networks while significantly improving
subscribers' quality of experience (QoE). By assuring QoE, Oversi's solutions
open up new monetization opportunities and facilitate the delivery of tiered
services, increasing average revenue per user (ARPU). Oversi systems are
deployed in service provider sites around the world. Oversi has offices and
representatives in EMEA, the US, Asia-Pacific and Latin America. For more
information, please visit our web site, http://www.oversi.com, or contact
Natalie Chouraqui, Director of Communications, on +972-54-4750889,
nataliec@oversi.com.
SOURCE Oversi

For more information, please visit our web site, http://www.oversi.com, or
contact Natalie Chouraqui, Director of Communications, on +972-54-4750889,
nataliec@oversi.com.