DiVitas Networks Short-Listed as a Finalist for the "Red Herring 100 North America" Awards
The Most Promising Technology Ventures will be Honored at the Red Herring Spring 2006 CEO Summit
MOUNTAIN VIEW, Calif. (04/12/2006) - Red Herring announced that DiVitas Networks has been short-listed as one of the top 200 contenders for its annual "Red Herring 100 North America" list. Well over 1,000 privately held technology companies submitted to this year's edition of the prestigious award, giving evidence to the invigorated innovative and entrepreneurial strength of the technology ecosystem. As one of the finalists, Vivek Khuller, CEO of DiVitas Networks, will join the exclusive Red Herring Spring 2006 CEO summit, May 23-25 in Monterey, California, where the technology industry's most innovative CEOs, venture financiers, and corporate strategists will gather to meet this next wave of disruptive companies.
High-Quality Companies
"We can see the resurgence of the tech sector reflected in the quantity and variety of excellent companies that we had to chose from in putting our list together," said Joel Dreyfuss, Editor-in-Chief of Red Herring. "It was difficult to choose the 200 finalists and we are very happy with the stellar quality of the companies on this short-list."
DiVitas develops a new class of unified mobile communications solutions that extends the reach of the enterprise by providing seamless roaming between Wi-Fi and cellular networks. DiVitas' solution works in any network environment, whether it is cellular, Wi-Fi, Internet/IP WAN, or wireline, and with every type of mobile phone, including dual-mode phones, WLAN phones, cellular phones, smartphones, and softphones, and with every PBX. The company's solution also integrates with business and communications applications. Because enterprises own the DiVitas solutions, administrators can control and manage communications centrally, without having to rely on service providers.
"In today's business climate, the companies that are the most connected, the most responsive, and the most engaged with their customers and corporate operations are the companies that will win ," said Vivek Khuller, CEO of DiVitas. "DiVitas provides companies with the highest level of availability and reachability possible by leveraging cellular networks, Internet and Wi-Fi connections, and dual-mode handsets with a solution that remains within the enterprise's control. With DiVitas, enterprise associates can achieve the maximum mobile accessibility, both inside and outside the office."
More Than Just Buzz
The "Red Herring 100 North America" award is an important part of Red Herring's tradition of recognizing new and innovative technology firms and their entrepreneurial founders. DiVitas Networks and the other nominees were rigidly evaluated on both quantitative and qualitative criteria such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their ecosystem. This unique assessment of potential complemented by a review of the actual track record and standing of a company allows Red Herring to see past the "buzz" and make the list an invaluable instrument for discovering and advocating the greatest business opportunities in the industry.
Bringing Together the Best
As part of this tradition to honor innovation and entrepreneurship in the business of technology, Red Herring will again host ""Red Herring Spring," a two day invitation-only summit for the CEOs and founders of the Red Herring 100 winners and finalists in Monterey, California. The summit's C-level attendees will convene under the theme "The Pursuit of Disruption" to discuss major trends and opportunities and to explore partnerships, alliances, investments, and M&A activities. Further information regarding the event and how to register is available at http://www.herringevents.com/rhspring06.
About DiVitas Networks
DiVitas Networks provides mobile unified communications solutions for
both small and large businesses. DiVitas mobilizes business
communications (voice, IM, presence and contacts) seamlessly over any
mobile network – cellular or WiFi or both – using a client that can run
on any mobile handset and a server that can be controlled by company
IT. DiVitas is the first mobile unified communications solution that
allows companies the flexibility of either deploying it in an
all-in-one green-field mode or overlaying it on top of existing
infrastructure. DiVitas provides organizations complete management and
control over their mobile unified communications. Headquartered in
Mountain View, California, DiVitas Networks is backed by Clearstone
Venture Partners and Menlo Ventures and has received two rounds of
financing totaling $23 million to date. More information is available
at www.divitas.com.
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