Ingate Systems Short-Listed as a Finalist for the "Red Herring 100 Europe" Awards11 May 2006
Red Herring announced that Ingate® Systems(http://www.ingate.com), which develops firewall technology and productsthat enable SIP-based live communication for the enterprise whilemaintaining control and security at the network edge, has been short-listedas one of the Finalists for its annual "Red Herring 100 Europe" list. Morethan 700 privately held technology companies were evaluated for this year'sedition of the prestigious award, giving evidence to the invigoratedinnovative and entrepreneurial strength of the technology ecosystem.
High-quality companies
"We can see the resurgence of the tech sector reflected in the quantity andvariety of excellent companies that we had to choose from in putting ourlist together," said Joel Dreyfuss, Editor-in-Chief of Red Herring. "It wasdifficult to choose the Finalists and we are very happy with the stellarquality of the companies on this short-list."
Ingate Firewall® and Ingate SIParator® products solve the NAT/firewalltraversal issue inherent in SIP communications. The award-winning IngateSIParator is a device that connects to an existing network firewall toseamlessly enable SIP communications. Both lines offer businesses uniqueflexibility combined with complete support for SIP-based IP communications,such as VoIP. They also solve the Network Address Translation (NAT)traversal issues inherent in SIP communications, and offer both far- andnear-end NAT traversal to extend the SIP capabilities within the corporatenetwork to remote workers.
"We are proud to once again be honored as a Finalist for the Red Herring100 Europe Award," said Olle Westerberg, Chief Executive Officer, IngateSystems. "Ingate has been leading the SIP firewall technology sector sincethe Internet Engineering Task Force first introduced the protocol. Westrive to develop innovative enterprise solutions for our customers, andcontinue to remain on the cutting edge of SIP-based IP communicationstechnology."
Highlighted Links http://www.ingate.com
More than just buzz
The "Red Herring 100 Europe" award is an important part of Red Herring'stradition of recognizing new and innovative technology firms and theirentrepreneurial founders. Ingate Systems and the other nominees wererigidly evaluated on both quantitative and qualitative criteria such asfinancial performance, technology innovation, quality of management,execution of strategy, and integration into their ecosystem. This uniqueassessment of potential complemented by a review of the actual track recordand standing of a company allows Red Herring to see past the "buzz" andmake the list an invaluable instrument for discovering and advocating thegreatest business opportunities in the industry.
Bringing together the best
As part of this tradition to honor innovation and entrepreneurship in thebusiness of technology, Red Herring will again host "Venture MarketEurope," a two day invitation-only summit for the CEOs and founders of theRed Herring 100 Winners and Finalists in Paris, France. The summit'sC-level attendees will convene under the theme "Old World, New Hope: 100Reasons to Believe in Europe's Innovative Edge." to discuss major trendsand opportunities and to forge partnerships, alliances, investments, andM&A activities. Further information regarding the event and how to registeris available at http://www.herringevents.com/rhvme06.
About Red Herring
Red Herring is a sophisticated insider's guide to the business oftechnology, featuring unparalleled insights on the emerging technologiesdriving the economy, from the Internet to wireless communications anddigital entertainment. Red Herring reports on how innovation andentrepreneurship are transforming business and how the business oftechnology is transforming the world, providing readers with a deepunderstanding of venture capital and capital markets. Recognized as anessential resource in today's fast-changing business world, Red Herringgets the right answers before anyone else even thinks to ask the questions.More information on Red Herring is available on the Internet atwww.redherring.com.
About Ingate® Systems
Ingate® Systems develops firewall technology and products that enableSIP-based live communication for the enterprise while maintaining controland security at the network edge. Ingate has a long history of developingnext-generation firewall technology that solves the NAT/firewall traversalissue inherent in SIP communications. In addition to an extensive line ofIngate Firewalls®, the company also produces the award-winning IngateSIParator®, a device that connects to an existing network firewall toseamlessly enable SIP communications. Ingate products currently protectthe networks of retail companies, financial institutions, industrial firms,government agencies and small-to-large enterprises throughout Europe, Asiaand North America. Ingate Systems AB is headquartered in Sweden withoffices in Stockholm and Linköping. Its wholly owned subsidiary, IngateSystems Inc., is located in Hollis, New Hampshire, with a U.S. technologycenter in Frisco, Texas. For more information on Ingate Systems, visitwww.ingate.com.
For more information, please contact:
Olle WesterbergIngate SystemsP: + 46 8 600 77 54SIP and email: Email Contact
Hillary Call, Public Relations ManagerIngate SystemsP; (917) 414-9262SIP and email: Email Contact
SOURCE: Ingate Systems AB
Source: marketwire
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