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SALT LAKE CITY, May 11, 2009 -
Cymphonix® today announced
that it is a finalist of the "Red
Herring 100 North America" award, as a result of its technology innovation,
financial performance, management strength, business strategy and customer
acquisition.
Founded in 2004, Cymphonix has demonstrated significant
growth year over year, with consistent revenue increases and a well established
customer and partner base. Its highly recognized product, Network Composer, appeals to
customers across numerous industries, including education, manufacturing,
government and healthcare, with the ability to provide granular visibility into user generated Web and
application traffic. Cymphonix customers benefit with the ability to improve
employee productivity by eliminating wasteful Internet activity, and also
prioritize applications.
"It's extremely rewarding to be recognized for our
achievements in innovation, business strategy, management and growth, by a
renowned industry publication like Red Herring," said Kevin Santiago, CEO of
Cymphonix. "This is an additional validation point that tells us our technology
is reaching mainstream status as evidenced by our customer growth, analyst
validation and award recognitions. We look forward to continuing our momentum
throughout 2009."
For more than 10 years, the "Red Herring 100 North
America" award, open to private technology companies headquartered in North
America, has been given to the top 100 tech companies. This year, the Red
Herring editorial team selected the most innovative companies out of a pool of
1,200 by reviewing the actual track record and standing of each company,
discovering and advocating the greatest business opportunities in the industry.
"This
year was especially difficult," said Alex Vieux, Publisher and CEO, Red
Herring. "There were so many great companies producing really innovative and
amazing products that we had a difficult time narrowing it down to 200. Now
we're faced with the arduous task of selecting the final 100. We know that this
year's crop will grow into some amazing companies that are sure to go far."
The CEOs of the 200 finalists are invited to
present their winning strategies at the Red Herring Conference in San Diego,
where the Red Herring Top 100 will be announced on May 13, 2009.
About Cymphonix
Cymphonix
Corporation, headquartered in Salt Lake City, uses award-winning patent-pending
technology to reveal, optimize and automate Internet security. With deep-packet
scanning technology, Cymphonix solutions address the issues created by evolving
content - including web applications and bandwidth-intensive websites.
Cymphonix products seamlessly integrate network protection, application
performance, and traffic visibility into a single, easily managed solution.
Leading the Cymphonix product line is Network Composer, a smart gateway
appliance that helps organizations understand at a glance who is abusing
network resources and with what applications - enabling problems to be
corrected instantly through a clear, easy-to-manage interface. More information
about Cymphonix can be found at www.cymphonix.com.
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