Red Herring reveals companies selected for the Red Herring 100 Europe 2007

周一, 2007年 03月 19日 13:14

Award Recognizes the 100 “Most Promising” Companies Driving the Future of Technology

CANNES, France, March 19, 2007 – Red Herring today announced that ENFUCELL LTD, Espoo, Finland is a recipient 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 winners demonstrates Europe’s emergence as a major player in the global technology sector,” said Red Herring Editor-in-Chief, Joel Dreyfuss. “The exceptional accomplishments of European technology companies and entrepreneurs are a testament to the rapid advancements being made in building the European innovation ecosystem.”

Red Herring’s lists of top private companies are an important part of the company’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 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.

To honor the CEOs of Red Herring 100 Europe companies, Red Herring has invited each CEO to present his or her company at its Venture Market Europe (VME) 2007 event. Scheduled for March 25-27, at the Intercontinental Carlton, this intimate, three-day event is themed “The Pursuit of Disruption” and will explore how European firms are leading the charge in many technology sectors, gaining the competitive advantage, and driving entrepreneurial success in ways that create business opportunities for challengers and incumbents alike.

Jaakko Happonen CEO of Enfucell Ltd comments the Red Herring recognition: “This is a great honor for Enfucell to be one of “The Most Promising” companies in Europe selected by Red Herring, and this nomination strengthens our position in the market of disposable electronic products to meet the set goals in both sales and financing. This prize in addition to the Technology Pioneer 2007 award given to us by The World Economic Forum earlier this year makes us humble before all the expectations set by these industry authorities”.

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 www.redherring.com.

About Enfucell Ltd

Enfucell Ltd is a privately owned company located in Espoo, Finland that has developed
SoftBattery™, a thin and flexible 1.5 V disposable power source for disposable products, under the leadership of Dr. Xia-Chung Zhang, CTO of Enfucell. The company was established in 2002 and today it has 15 employees. The main applications of SoftBattery™ are in the field of RFID, cosmetics and pharmaceuticals. www.enfucell.com.

For more information please contact:

Mr. Jaakko Happonen, CEO, jaakko.happonen(at)enfucell.com, mobile +358 50 537 5065,
Mr. Risto Huvila, VP Sales, Marketing & PR, risto.huvila(at)enfucell.com, mobile +358 400 755 661.