January 15, 2010 12:33 ET

Birst Awarded Prestigious Red Herring Global 2010

Red Herring Selects Birst as One of the Year's Most Promising Private Technology Companies

SAN FRANCISCO, CA--(Marketwire - January 15, 2010) - Birst, a leading provider of on-demand solutions for business intelligence (BI) and analytics, today announced that it has been selected as a Red Herring Global 100 award winner as one of the year's most promising private technology ventures.

The Red Herring editorial team selected the most innovative companies from a pool of 1,200. 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.

"It was an honor to be recognized for our business intelligence technology contributions in Red Herring's North American 100 last year, and winning the 2010 Global award is further validation that we are delivering real business value to customers around the globe," said Brad Peters, CEO of Birst.

The 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 invaluable instrument for discovering and advocating the greatest business opportunities in the industry.

"This year was especially difficult," said Alex Vieux, publisher and CEO of Red Herring. "After facing the arduous task of reviewing the finalists, we've selected the final 100 winners of the award. We know that this year's crop will grow into some amazing companies that are sure to go far."

Winners for the 2010 edition of the Red Herring Global 100 award are selected from the regional recipients or finalists of the Red Herring 100 awards in 2007, 2008, or 2009 ranging from Asia, Europe, and North America. The award has been given to the top 100 global technology companies based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health.

About Red Herring

Red Herring is a global media company uniting the world's best high-technology innovators, venture investors, and business decision-makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters, and major events for technology leaders around the globe. Red Herring provides an insider's view of the global innovation ecosystem, featuring unparalleled insights on the emerging technologies driving the economy.

About Birst

Birst™ is the leading provider of on-demand business intelligence solutions. Birst brings the benefits of fact-based decision-making to a much broader audience by making it affordable, fast, and easy to use. Birst is designed to support users of all sizes -- from individuals to groups and entire companies, so that everyone can benefit from greater insight into their business.

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