hSenid Mobile a finalist for 2010 Red Herring 100 Global Award

hSenid Mobile yesterday announced that it has been selected as a Finalist for Red Herring's top 100 Global award. This is a prestigious list honoring the year’s most promising private technology ventures across the globe.

The Red Herring editorial team selected the most innovative companies from a pool of 1200 companies from across the world – the Finalists from its Red Herring Asia, Europe and North America Awards. The nominees are 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.

This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the “buzz” and make the list an important instrument for discovering and advocating the greatest business opportunities in the industry.

"2010 was very difficult but extremely rewarding," said Alex Vieux, publisher and CEO of Red Herring. "Despite lingering effects of the global economic situation, there are many great companies producing truly innovative and amazing technologies, to the extent that we had a hard time narrowing the pool and selecting the finalists. hSenid Mobile shows great promise therefore deserves to be among the Finalists. Now we’re faced with the difficult task of selecting the Winners of the Top 100 Global Award.

Finalists for the award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the several months leading up to the announcement, hundreds of companies in spaces such as mobile, security, Web 2.0, software, hardware, biotech, and clean tech sent in their submissions to qualify for the award.

hSenid Mobile CEO, Dinesh Saparamadu says that his company is delighted to have been recognized with this achievement. “It further demonstrates what hSenid Mobile is all about, in rolling out innovative mobile solutions that provide immense value to the industries it serves.” The Finalists are invited to present their winning strategies at the Red Herring Global forum in Los Angeles, January 24-26, 2011. The Top 100 winners will be announced at a special awards ceremony on January 26 at the event.

hSenid Mobile was a proud recipient of the Red Herring Asia 100 award in 2009 and has since catapulted into rolling out next generation Telecom software platforms such as the World’s 1st Cloud Enabled Telco App Store, mChoice Cloud TAP, that allows Telecom Operators to roll out a new breed of network centric Telco Apps by harnessing innovation from a growing Telco Developer Community. Breakthrough solutions such as Subscriber created applications, Enterprise Messaging Portals & innovative Consumer mobile promotions allow enterprises of any nature to venture into novel methods of communication with their customers. hSenid Mobile’s solutions leverage the benefits of Cloud Computing and Managed services allowing its clients to integrate solutions faster, scale up resources when needed and rapidly reduce time to market new services.

hSenid Mobile, is a multi-national Telco-Mobile Software solutions company and has  Research and Business Development offices in Singapore, Malaysia, USA, India and Sri Lanka.