Wisair wins 2005 Red Herring 100 Europe Award
Tel Aviv, April 12, 2005 – Wisair, the global leader in Ultra Wide Band (UWB) solutions today announced that it has been named a recipient of the Red Herring 100 Europe Award. Wisair was recognized as one of the top 100 companies that played a leading role in innovation and drove the future of technology in Europe this year. Wisair is being honored at the Red Herring Venture Market Europe Conference, a forum for technology’s most exciting companies in London.
The Red Herring 100 Europe award program evaluated over 800 companies from Europe and Israel through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy and dedication to research and development. Wisair president and CEO, David Yaish, is presenting Wisair at the conference forum where insights on the future of innovation and the entrepreneurial journey will be shared by the winners.
“We are proud to be part of the Red Herring Top 100 Innovators and thrilled that the editors have acknowledged our innovation and leadership in the wireless technology field," said David Yaish, president and CEO of Wisair. “Wisair’s UWB technology is seen as the wireless solution that can deliver the bandwidth, quality and speed that many consumer electronics companies have been looking for. The increasing demand for wireless downloading of high-quality streaming video, digital photos and other high data rate applications is turning UWB into one of the most exciting technologies in the wireless world today.”
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 and eBay were spotted in their early days by Red Herring editors as those that would change the way we live and work. This is the first time that Red Herring magazine has compiled a list focused exclusively on the most promising startups in Europe.
About Red Herring
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About Wisair
Wisair is a leading provider of Ultra Wide Band (UWB) and Wireless USB chipset solutions for consumer electronics, mobile devices, and PC peripherals. Combining its wireless communication and radio frequency expertise, Wisair is a promoter member of the WiMedia Alliance and an active participant in the IEEE standardization process and the Wireless USB Promoters Group.
A well-funded company, Wisair investors includes Intel Capital, NTT, NIF Ventures, Apax, Vertex, RAD Group and Tamar Ventures. Wisair is headquartered in Israel, with offices in the US, Japan, Korea and Taiwan. For more information, visit the company web site at www.wisair.com.