SOURCE: Bivio Networks

November 19, 2007 13:12 ET

Bivio Networks Named a Finalist for the "Red Herring 100 Global" Awards

The Most-Promising Technology Ventures in the World Honored at the Red Herring 100 Global 2007 Conference

PLEASANTON, CA--(Marketwire - November 19, 2007) - Red Herring announced that Bivio Networks, Inc., the leader in high-performance network appliance platforms enabling the deployment of wire-speed, deep packet inspection and processing applications, has been selected as one of the top 200 finalists for the "Red Herring 100 Global" list. Red Herring 100 winners and finalists from North America, Europe and Asia of the last three years were eligible for this award. Bivio Networks was honored with the "2005 Red Herring 100" award, cited as one of the top 100 private technology companies based in North America.

Industry-leading companies

"We can see the resurgence of the tech sector reflected in the quantity and variety of excellent companies that we had to choose from in putting our list together," said Joel Dreyfuss, editor-in-chief of Red Herring. "It was difficult to choose the 200 finalists and we are very happy with the stellar quality of the companies on this short-list."

"Being selected a Red Herring 100 Global finalist is a true testament to the rapid and global adoption of deep packet inspection and processing technology, the hallmark of Bivio Networks," said Dr. Elan Amir, president and CEO of Bivio Networks. "With offices now in the U.S., Japan, and the United Kingdom, we have been able to successfully deploy Bivio's industry leading innovative DPI platforms in commercial enterprise, government agencies and service providers throughout the Americas, Europe and Asia. We are very pleased with our business expansion and thrilled with the recognition of our success bestowed by Red Herring."

More than just hype

Over 1,800 privately held technology companies submitted to this first-time award, giving evidence to the invigorated innovative and entrepreneurial strength of the technology ecosystem. Bivio Networks and the other nominees were rigidly evaluated on both quantitative and qualitative criteria such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their ecosystem. This unique assessment of potential, complemented by a review of the actual track record and standing of a company, allows Red Herring to see past the "hype" and make the list an invaluable instrument for discovering and advocating the greatest business opportunities in the industry.

Celebrating Excellence

The finalists will be honored at the Red Herring Global event in Seattle on December 3-5 and winners will be announced at the Award Ceremony on December 4. Red Herring Global is an exclusive event honoring cutting-edge private technology companies from across the world. The event brings together an elite roster of entrepreneurial and global venture investment firms to showcase excellence in innovation. It features keynote discussions, roundtable panels and networking events designed for participants to make connections and learn what it takes to achieve the best worldwide in business and technology.

Distinguished speakers at Red Herring Global include Bruce Jaffe, Corporate VP at Microsoft; Promod Haque at Norwest Venture Partners; David Chao, Cofounder and General Partner, DCM; among others.

Further information regarding the event and how to register is available http://www.herringevents.com/global07/index.html.

About Bivio Networks

Bivio Networks has developed a family of industry leading, deep packet inspection and processing platforms that combine unparalleled scaling of network performance, processing power, and application agility. Bivio's network appliance platforms feature a groundbreaking architecture specifically optimized for wire-speed execution of emerging network services that increasingly demand deep packet processing combined with high network throughput. Based on open industry standards, Bivio Networks fuses unmatched flexibility with uncompromising performance to enable its customers to overcome existing bottlenecks and deliver the foundation of the next-generation network infrastructure. Headquartered in Pleasanton, California, Bivio Networks is backed by Goldman Sachs, InterWest Partners, Storm Ventures, Venrock Associates, and Silver Creek Ventures. More information is available at http://www.bivio.net/.

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 research, and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. For more information, visit www.redherring.com.

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