Award Recognizes the 100 “Most Promising” Firms
Driving the Future of Technology
Paris, May 8, 2006 – Red Herring today announced that PremiTech , provider of the industry leading Performance Guard™ end-user performance management and capacity optimization software, is a recipient of Red Herring 100 Europe, a selection of the 100 private companies based in the EMEA region that play a leading role in innovation and technology.
“Market obstacles remain but our list shows that great companies are being created in Europe ,” said Red Herring editor-in-chief Joel Dreyfuss. Red Herring's lists of top private companies are an important part of the magazine'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 as those that would change the way we live and work.
Red Herring's editorial staff rigorously evaluated more than 700 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. “I am very pleased to see that the hard work from the entire PremiTech team delivering the industries leading solution for end-user based performance management has enabled us to join the prestigious group of Red Herring 100 companies” Says Jan Ishoej Nielsen, CEO, PremiTech.
According to research, about 80% of all IT problems are first reported by end users without being detected by data center management solutions. Performance Guard™ is a leader in a new category of performance management solutions with focus on the end-user experience. The approach deliver unprecedented value by collecting end-user based data on application, mid-tier, network and end-user device performance and analyze it to deliver insight from the CIO dashboard down to the individual IT manager on how to improve service levels, maximize capacity utilization and resolve performance issues faster.
To honor the CEOs of Red Herring 100 Europe companies, Red Herring has invited Jan Ishoej Nielsen to present PremiTech at its Venture Market Europe 2006 conference, a forum for technology's most exciting companies to share their insights on the future of innovation and the entrepreneurial journey. Scheduled for May 8-10, at the Westin Paris, this intimate, three-day conference will explore the trends, technologies and people affecting the IT sphere in the EMEA region. Last year's optimistic outlook has been revisited and reflected in the 2006 theme “Old World, New Hope - 100 Reasons to Believe in Europe 's Innovative Edge.”
About Red Herring
Red Herring, Inc., founded in 1993, is a media company whose mission is to cover innovation, technology, financing and entrepreneurial activity. Its staff of award-winning journalists tell readers what's first, what matters and most importantly, why.
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A privately held company, Red Herring, Inc. is headquartered in Belmont , California . For more information visit www.redherring.com
PremiTech is the market leader in end-user based systems performance management. PremiTech's Performance Guard™ solution is the only solution of its kind to deliver real-time data on IT system performance based on the critical end-users' perspective. This actual performance information allows an organization's help-desk and IT departments to provide proactive service before problems occur, and to quickly determine the root cause of a problem when it does occur. In addition to these immediate benefits, Performance Guard delivers the information foundation for real-time capacity planning across servers, networks and end-user devices. Premitech's Performance Guard is installed at more than 2,000 locations in more than 100 countries, including customers such as HSBC, GE, CIBC, eTrade, Costco, TDC, NESA, and is recognized for its leadership by strategic partners like Citrix, IBM, Gotham , DynTek and others. Performance Guard was rated “Excellent” in a 2005 product review by InfoWorld. To learn more, visit http://www.premitech.com .
For more information, contact
Lars Nielsen, VP Marketing,
email@example.com or phone +45 21 26 81 98, US +1 408 426 8111