SOURCE: Ingate Systems AB

April 11, 2006 13:58 ET

Ingate Systems Short-Listed as a Finalist for the "Red Herring 100 Europe" Awards

STOCKHOLM -- (MARKET WIRE) -- April 11, 2006 -- Red Herring announced that Ingate® Systems (http://www.ingate.com), which develops firewall technology and products that enable SIP-based live communication for the enterprise while maintaining control and security at the network edge, has been short-listed as one of the Finalists for its annual "Red Herring 100 Europe" list. More than 700 privately held technology companies were evaluated for this year's edition of the prestigious award, giving evidence to the invigorated innovative and entrepreneurial strength of the technology ecosystem.

High-quality 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 Finalists and we are very happy with the stellar quality of the companies on this short-list."

Ingate Firewall® and Ingate SIParator® products solve the NAT/firewall traversal issue inherent in SIP communications. The award-winning Ingate SIParator is a device that connects to an existing network firewall to seamlessly enable SIP communications. Both lines offer businesses unique flexibility combined with complete support for SIP-based IP communications, such as VoIP. They also solve the Network Address Translation (NAT) traversal issues inherent in SIP communications, and offer both far- and near-end NAT traversal to extend the SIP capabilities within the corporate network to remote workers.

"We are proud to once again be honored as a Finalist for the Red Herring 100 Europe Award," said Olle Westerberg, Chief Executive Officer, Ingate Systems. "Ingate has been leading the SIP firewall technology sector since the Internet Engineering Task Force first introduced the protocol. We strive to develop innovative enterprise solutions for our customers, and continue to remain on the cutting edge of SIP-based IP communications technology."

More than just buzz

The "Red Herring 100 Europe" award is an important part of Red Herring's tradition of recognizing new and innovative technology firms and their entrepreneurial founders. Ingate Systems 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 "buzz" and make the list an invaluable instrument for discovering and advocating the greatest business opportunities in the industry.

Bringing together the best

As part of this tradition to honor innovation and entrepreneurship in the business of technology, Red Herring will again host "Venture Market Europe," a two day invitation-only summit for the CEOs and founders of the Red Herring 100 Winners and Finalists in Paris, France. The summit's C-level attendees will convene under the theme "Old World, New Hope: 100 Reasons to Believe in Europe's Innovative Edge." to discuss major trends and opportunities and to forge partnerships, alliances, investments, and M&A activities. Further information regarding the event and how to register is available at http://www.herringevents.com/rhvme06.

About Red Herring

Red Herring is a sophisticated insider's guide to the business of technology, featuring unparalleled insights on the emerging technologies driving the economy, from the Internet to wireless communications and digital entertainment. Red Herring reports on how innovation and entrepreneurship are transforming business and how the business of technology is transforming the world, providing readers with a deep understanding of venture capital and capital markets. Recognized as an essential resource in today's fast-changing business world, Red Herring gets the right answers before anyone else even thinks to ask the questions. More information on Red Herring is available on the Internet at www.redherring.com.

About Ingate® Systems

Ingate® Systems develops firewall technology and products that enable SIP-based live communication for the enterprise while maintaining control and security at the network edge. Ingate has a long history of developing next-generation firewall technology that solves the NAT/firewall traversal issue inherent in SIP communications. In addition to an extensive line of Ingate Firewalls®, the company also produces the award-winning Ingate SIParator®, a device that connects to an existing network firewall to seamlessly enable SIP communications. Ingate products currently protect the networks of retail companies, financial institutions, industrial firms, government agencies and small-to-large enterprises throughout Europe, Asia and North America. Ingate Systems AB is headquartered in Sweden with offices in Stockholm and Linköping. Its wholly owned subsidiary, Ingate Systems Inc., is located in Hollis, New Hampshire, with a U.S. technology center in Frisco, Texas. For more information on Ingate Systems, visit www.ingate.com.

Contact Information

  • For more information, please contact:

    Olle Westerberg
    Ingate Systems
    P: + 46 8 600 77 54
    SIP and email: Email Contact

    Hillary Call, Public Relations Manager
    Ingate Systems
    P; (917) 414-9262
    SIP and email: Email Contact