SOURCE: PowerPlan Inc.

PowerPlan Inc.

December 18, 2014 10:32 ET

PowerPlan Selected as a 2014 Red Herring Top 100 Global Award Winner

ATLANTA, GA--(Marketwired - December 18, 2014) - PowerPlan, the leading provider of accounting, tax and capital budgeting optimization solutions for asset-intensive businesses, celebrates its status as a 2014 Red Herring Top 100 Global award winner.

"PowerPlan is honored to join this prestigious group of companies selected from across North America, Europe and Asia," says Kent Kelley, Chief Financial Officer, PowerPlan. "This is a testament to the exceptional value our software and services deliver to the utilities, oil and gas, transportation, telecommunications and mining industries. I would like to thank our customers and our employees for their contribution to our tremendous growth run and continued success."

Red Herring's Top 100 Global list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work. 

"Choosing the companies with the strongest potential was by no means a small feat," said Alex Vieux, publisher and CEO of Red Herring. "After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across the globe to the Top 100 Winners. We believe PowerPlan embodies the vision, drive and innovation that define a successful entrepreneurial venture. PowerPlan should be proud of its accomplishment."

Red Herring's editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track records and standing of startups relative to their peers, allowing 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 from around the world.

The full list of winners can be found here http://www.redherring.com/events/red-herring-global/2014-top100-winners/

About PowerPlan

PowerPlan is an enterprise software company devoted to helping asset-centric businesses in the utilities, oil and gas, transportation, telecommunications, and mining industries optimize their financial performance. PowerPlan combines purpose-built software for asset centric accounting, tax and budgeting/analytics with domain expertise to help executives generate cash, mitigate compliance risk and enable a culture of cost management. The world's most demanding asset-intensive companies trust PowerPlan to manage more than $2.3 trillion in assets today. PowerPlan is a privately held company based in Atlanta, GA. For more information, call 678-223-2800; email info@pwrplan.com; or visit www.powerplan.com

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