SOURCE: Elluminate, Inc.

April 17, 2008 13:00 ET

Elluminate Selected as a Finalist for the 2008 Red Herring North America 100

Award Recognizes the 100 "Most Promising" Companies Driving the Future of Technology

FORT LAUDERDALE, FL--(Marketwire - April 17, 2008) - Elluminate, Inc., a leading provider of live eLearning and web collaboration solutions for the real-time organization, announced that it has been selected as one of 200 finalists for the Red Herring 100, an award given to the 100 most promising private technology companies in North America. The Red Herring editorial board diligently surveyed the entrepreneurial scene throughout the North American region and identified the top 200 out of more than 800 closely evaluated companies that are leading the next wave of innovation. Past award winners include Google, Yahoo!, Skype, Netscape, Salesforce.com, and YouTube.

The 100 winning companies will be announced at the Red Herring North America event held May 12-14 in San Jose, California. The CEOs of the winning startups will present their innovative ideas and technologies to an audience of leading entrepreneurs, financiers, and corporate strategists. This year's Red Herring 100 North America event marks the 11th anniversary of the Red Herring 100 Awards. In celebration, the event will feature keynote addresses from legendary VC investors and CEOs of leading Internet, information, and communications companies.

"We can see the exciting evolution of the technology sector reflected in the quality and variety of exceptional companies that we had to choose from in putting our list together," said Joel Dreyfus, editor-in-chief of Red Herring. "It was tough to choose just 200 finalists from such a large list of excellent contenders, and we are very happy with the quality of the companies we selected as finalists. Elluminate is on the list because of its innovative and entrepreneurial achievements. Evaluations were made on both quantitative and qualitative criteria, such as financial performance, innovation, management, strategy, and ecosystem integration."

"Since 2000, Elluminate has pioneered the development of live eLearning and web collaboration technology for academic institutions and other organizations worldwide," said Nashir Samanani, CEO and founder of Elluminate. "We are honored that the Red Herring editors recognize this and the value it brings to our customers. Being named to the Red Herring 100 validates our leadership in delivering innovative solutions that transform teaching, learning, and the business of education. In 2008, we will continue to raise the bar with new products that take educators beyond the virtual classroom to support the entire instructional cycle."

About Red Herring

Red Herring is a global media company that 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. For more information, visit www.redherring.com.

About Elluminate, Inc.

Elluminate, Inc. provides proven, best-in-class solutions for real-time online learning and collaboration that deliver exceptional outcomes, including enhanced learning experiences, increased retention and completion rates, and higher ROI. Elluminate Live! features high-quality voice over the Internet, robust interactive functionality, and unique "No User Left Behind™" technology that supports multiple platforms and low-bandwidth connectivity. Elluminate has served more than 300 million web-collaboration minutes to over 3 million teachers and students located in 185 different countries.

Headquartered in Calgary, Alberta, Canada, and Fort Lauderdale, Florida, Elluminate is the trusted choice of prominent academic institutions and corporations, including ADP, Apple Computer, California State University, Duke University, Florida Virtual School, Georgetown University, Johns Hopkins University, K12, Inc., London Knowledge Lab, Los Angeles Unified School District, Miami-Dade County Public Schools, Novell, Queen's University, Royal Veterinary College, Red Hat, Sun Microsystems, and many more. The winner of several prestigious awards, the company is also one of Deloitte's 50 Fastest Growing Technology Companies and is positioned in the Visionaries Quadrant of the Gartner Magic Quadrant for Web Conferencing, 2007. For more information, visit http://www.elluminate.com.

Elluminate Live! is a registered trademark of Elluminate, Inc., Calgary, Alberta, Canada.

Contact Information

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