SOURCE: Meru Networks

May 02, 2007 15:24 ET

Meru Networks Chosen as One of Spring 2007 Red Herring 100

Award Recognizes Meru Networks as One of the 100 "Most Promising" Companies Driving the Future of Technology

SUNNYVALE, CA -- (MARKET WIRE) -- May 2, 2007 -- Red Herring today announced that Meru Networks, the global innovation leader in wireless infrastructure for the All-Wireless Enterprise, is a recipient of the Red Herring 100 Spring, an award given to the top 100 private technology companies based in North America.

"We are very pleased to be recognized by Red Herring as a company driving the future of technology," said Meru Networks CEO Ihab Abu-Hakima. "The adoption and use of wireless as the primary network of enterprise connectivity for mission critical applications is driving incredible growth and opportunity in the Wireless LAN space, and we are very excited to be at the forefront of the shift from wired to wireless networks across all enterprises."

"Having received more than 800 submissions, it is clear that we are witnessing a new outburst of creativity," says Joel Dreyfuss, Editor-in-Chief of Red Herring. "With venture capital flowing again, it's exciting to see technology innovators and business investors collaborate to create disruptive technologies. The Red Herring 100 North America companies are impressive up-and-comers, and definitely the ones to watch."

Red Herring's annual lists of top private companies are an important part of the company's tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google, eBay and Skype were spotted in their early days by Red Herring editors, and touted as leaders that would change the way we live and work.

Red Herring's editorial staff rigorously evaluated more than 800 private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development.

To honor the CEOs of Red Herring 100 Spring companies, Red Herring has invited each one to present his or her company at its Red Herring Spring 2007 event, May 1-3, at the Hyatt Regency in Monterey. As the venue for the unveiling of the Top 100 private companies in North America, Red Herring Spring draws unparalleled attention from decision makers and industry observers across the continent. This year marks the 10th anniversary of the Red Herring 100 Awards. To celebrate this occasion, Red Herring 100 winners will share their successes and insights on how to make it to the top.

About Meru Networks

Meru Networks is the global leader in wireless infrastructure solutions that enable the All-Wireless Enterprise. Its industry leading innovations deliver pervasive, wireless service fidelity for business-critical applications to major Fortune 500 enterprises, universities, healthcare organizations and local, state and federal government agencies. Meru's award-winning Air Traffic Control technology brings the benefits of the cellular world to the wireless LAN environment, and its WLAN System is the only solution on the market that delivers predictable bandwidth and over-the-air Quality of Service with the reliability, scalability, and security necessary to deliver converged voice and data services over a single WLAN infrastructure. Founded in 2002, Meru is based in Sunnyvale, California. For more information on Meru Networks and its products, visit www.merunetworks.com or call (408) 215-5300.

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. More information about Red Herring is available on the Internet at www.redherring.com.

Contact Information

  • Editorial Contacts:
    Sarah Kim
    Meru Networks
    (408) 215-5357
    Email Contact

    Patty Oien
    Breakaway Communications for Meru
    (415) 358-2482
    Email Contact