NEW YORK, NY--(Marketwired - May 7, 2013) - BizSlate Inc., an innovative Software-as-a-Service (SaaS) provider of ERP solutions for small and medium sized businesses (SMBs), announced today that is has been selected as a finalist for Red Herring's 2013 Top 100 Americas award, a prestigious list honoring the year's most promising private technology ventures from the North American business region. Recognized for its game changing technology, BizSlate is revolutionizing the way small businesses manage customers, vendors, orders, logistics, and their overall supply chain.
Red Herring has been selecting the most exciting and promising start-ups and "scale ups" since 1995. Finalists are still evaluated individually from a large pool of hundreds of candidates based across North America. Twenty major criteria underlie the scoring and process. They include, among others: the candidate company's addressable market size, its IP and patents, its financing, the proof of concept, trailing revenues and management's expertise. Each company goes through an individual interview after filling out a thorough submission, complemented by a due diligence. The list of finalists includes the best performing and prominent companies of that year.
2013 will be remembered as a special vintage. "The finalists list confirms the excellent choices made by entrepreneurs and VCs and the start-ups' solid roots in corporate America, embracing their innovations. By all metrics, it emphasizes the United States' entrepreneurial excellence," said Alex Vieux, publisher and CEO of Red Herring.
Finalist selections for the 2013 edition of the Red Herring 100 North America award are based upon technological innovation, management strength, market size, investor record, customer acquisition and financial health. During the several months leading up to the announcement, hundreds of companies in the fields of security, Web 2.0, software, hardware, life sciences, cloud, mobile and others completed their submissions to qualify for the award.
The Finalists are asked to present their winning strategies at the Red Herring Americas Forum in Monterey, California, May 21-23, 2013. The Top 100 winners will be announced at a special awards ceremony the evening of May 23 at the event.
About Red Herring
Red Herring is a global media company which unites 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 access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy.
BizSlate's Enterprise Resource Planning (ERP) solution enables small and mid-sized distribution businesses to compete on the global stage. By solving supply chain and operational problems, BizSlate is revolutionizing the management of customers, vendors, orders, and logistics, at a fraction of the cost of conventional ERP solutions. To learn more about BizSlate, please visit www.bizslate.com or call 855-Biz-Slate.