Avigilon, the performance and value leader in high definition and megapixel video surveillance systems, announced today that it has been named to the 2010 Red Herring 100 Global list, a prestigious list honoring the year's most promising private ventures that are leading innovation around the world. The Red Herring 100 Global Award is the fifth award that Avigilon received in 2010, recognizing the company's impressive growth. In 2010, Avigilon was also named one of the top five fastest growing technology companies in Canada in the Deloitte Technology Fast 50; earned a spot on Red Herring's North America 100 list; was named BCTIA's "Emerging Company of the Year"; and received the BC Export award for "Best New Exporter".
"This year was especially difficult, " said Alex Vieux, publisher and CEO of Red Herring. "Despite the global economic situation, there were many great companies producing really innovative and amazing products that we had a difficult time narrowing the pool and selecting the winners. Avigilon shows great promise and therefore deserves to be among our list of winners. We know that this year's crop will grow into some amazing companies that are sure to go far."
The Red Herring editorial team selected the most innovative companies from a pool of 1,200 applicants from around the world—the winners from the regional 2010 Red Herring North America, Europe, and Asia Awards. The nominees for the 2010 Red Herring 100 Global Award were evaluated on both quantitative and qualitative criteria such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.
"Technology industry executives, investors, and observers leverage Red Herring's annual lists of top private ventures to identify companies and emerging technologies that will lead the next wave of innovation, " said Alexander Fernandes, president and CEO of Avigilon. "We are honored to be named to the prestigious Red Herring 100 Global list, confirming our industry and technology leadership not only in North America, but around the world."
About Red Herring and the Red Herring 100 Global Award
Red Herring is a global media company uniting 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.
Since 1996, technology industry executives, investors, and strategists have valued the Red Herring 100 lists as an instrument for discovering and advocating the most promising private ventures from around the world. Red Herring 100 Global is the culmination of a year's work of scouring thousands of privately held companies from around the world and highlights exciting start-ups from North America, Europe, and Asia. The 2010 Red Herring 100 Global winners presented their winning strategies at the Red Herring Global forum in Los Angeles, January 24- 26, 2011.
Avigilon (avigilon.com) designs, manufactures, and markets award-winning HD surveillance systems. The performance and value leader, Avigilon's solutions protect and monitor thousands of customer sites in more than 60 countries around the world. Avigilon Control Center, the world's first open HD Network Video Management Software platform, and megapixel cameras deliver full situational awareness and actionable image detail. Campuses, transportation systems, healthcare providers, public venues, infrastructure, and manufacturing sites with security, safety validation, and compliance requirements all benefit from reduced investigation time and more successful investigations by immediately producing indisputable video evidence. Avigilon earned Frost & Sullivan's HD Surveillance Company of the Year award in 2009, the Frost & Sullivan Award for New Product Innovation in 2010, and was ranked among the top five fastest growing technology companies in Canada in the 2010 Deloitte Technology Fast 50 ranking.