LINZ, Austria /BUSINESS WIRE/ -- NANOIDENT Technologies AG, a technology leader in the development and production of printed semiconductor-based optoelectronic sensors, announced that it has been selected as one of the 2007 Red Herring 100 Global, an elite group of innovative companies that are driving the future of technology.
Red Herring 100 winners and finalists from North America, Europe, and Asia of the last three years were eligible for this award. The Red Herring editorial team used a competitive process to whittle down the pool of 1800 eligible promising companies to the 100 winners of this first-time award. All Red Herring 100 companies are evaluated based on both quantitative and qualitative criteria, such as financial performance, technology innovation, management, and ecosystem integration. Global winners are also judged on their global strategy and must be set to handle the challenges of internationalization and a global presence.
"We are extremely pleased to again be recognized as an innovative global leader," said NANOIDENT CEO Klaus G. Schroeter. "By making it possible and cost-effective for electronic components and even complete circuits to be placed directly onto a variety of surfaces, printed semiconductor technology has the power to change the face of countless industries, enabling new products that will enhance healthcare, security, and the environment."
For NANOIDENT, the year 2007 has been full of significant achievements. In March, Red Herring named the company a finalist for its 100 Europe 2007 list, and in October Ernst & Young Austria awarded NANOIDENT's founders the prestigious Entrepreneur of the Year Award. Meanwhile subsidiary BIOIDENT was also recognized both by analyst firm Frost & Sullivan and with the Wall Street Journal Technology Innovation Award. In March, NANOIDENT opened the doors to its ORGANIC FAB, the world's first factory for printed semiconductor-based sensors, and the company is developing groundbreaking solutions in partnership with a number of leading companies in the medical diagnostic, environmental testing, security, and IT industries.
The winning companies were announced and celebrated at the Red Herring Global event in Seattle, WA, on December 3-5.
About Red Herring 100 Global
For 10 years, Red Herring's editorial team has diligently surveyed entrepreneurship around the globe. Technology industry executives, investors, and observers have regarded the Red Herring 100 lists as an invaluable instrument to discover and advocate the promising startups that will lead the next wave of disruption and innovation. Past award winners include Google, Yahoo!, Skype, and YouTube. In 2007, for the first time, Red Herring has evaluated the winners and finalists of its regional awards to identify the top global leaders, the Red Herring 100 Global.