SOURCE: MagnaCom

MagnaCom

June 12, 2015 08:35 ET

MagnaCom Wins Prestigious 2015 Red Herring Top 100 Award

LAGUNA NIGUEL, CA--(Marketwired - Jun 12, 2015) - MagnaCom, a recognized technology innovation powerhouse, today announced it has won the 2015 Red Herring Top 100 North America award. The annual award honors the year's most promising private companies in the region.

MagnaCom continues to experience strong market recognition and success. Its revolutionary WAM technology saves valuable spectrum and power, while increasing bandwidth, speed and distance, for state-of-the-art wired and wireless devices. WAM delivers those benefits while maintaining 100% backward compatibility with all legacy devices in use today, and while costing less than 1mm2 of silicon to implement.

"Winning the Red Herring 100 award further validates MagnaCom's pursuit of excellence and the global impact of our WAM technology," said Yossi Cohen, co-founder and CEO of MagnaCom. "We solved major technology barriers, enabling next generation networks such as cellular 5G -- with superior throughput and lower power consumption."

"In 2015, selecting the top achievers was by no means a small feat," said Alex Vieux, publisher and CEO of Red Herring. "In fact, we had the toughest time in years because so many entrepreneurs had crossed significant milestones so early. But after much thought, rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the North America winners. We believe MagnaCom embodies the vision, drive and innovation that define a successful entrepreneurial venture. MagnaCom should be proud of its accomplishment, as the competition was very strong."

Red Herring Top 100 America enlists outstanding entrepreneurs and promising companies. It selects the award winners from approximately 1,200 privately financed companies each year in the US and Canada. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, Palo Alto Networks and eBay would change the way we live and work.

Red Herring's editorial staff evaluated companies on both quantitative and qualitative criteria, such as financial performance, technological innovation and intellectual property, DNA of the founders, business model, customer footprint and addressable market. A review of the track record and standing of startups relative to their sector peers, allowed Red Herring to see past the "buzz" and make the list a valuable instrument of discovery and advocacy for the most promising new business models in North America, complement this assessment of potential.

About MagnaCom
MagnaCom is a privately held technology company aiming to reinvent the evolution of digital communications. The company was founded around a whole new, patented modulation technology called WAM™, which can help alleviate the global spectrum congestion and insatiable demand for more bandwidth. This impacts cellular, Wi-Fi, satellite and cable TV, wireless backhaul, cable and DSL modems, long and short haul fiber and numerous other applications. WAM technology applies to carriers, handset manufacturers, and any wired and wireless system OEMs, and communication IC vendors who strive to save spectrum, increase bandwidth, speed and distance or reduce power consumption. With over 15 issued patents and over 50 more pending MagnaCom is challenging the 40-year dominance of QAM as the modulation of choice for all advanced wired and wireless systems. The company has assembled a world-class team of scientists, executives and advisors from Broadcom, Qualcomm, Motorola Mobility (acquired by Google), Texas Instruments, Intel, ST Microelectronics and Passif Semiconductor (recently acquired by Apple). For more information, visit www.magna-com.com

WAM™ is a trademark of MagnaCom Ltd.

Contact Information

  • Media Contact:
    Jeremy Hyatt
    Green Flash Media for MagnaCom
    949-357-0141
    Email Contact