SOURCE: RFaxis, Inc.

RFaxis, Inc.

RFaxis, Inc.

May 23, 2011 11:00 ET

RFaxis Has Been Named as a Finalist for the 2011 Red Herring Top 100 North America Award

IRVINE, CA--(Marketwire - May 23, 2011) - RFaxis, Inc. announced today it has been selected as a Finalist for Red Herring's Top 100 North America award, a prestigious list honoring the year's most promising private technology ventures from the North American business region.

The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across North America. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.

This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the "buzz" and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.

"This year was very rewarding," said Alex Vieux, publisher and CEO of Red Herring. "The global economic situation has abated and there are many great companies producing really innovative and amazing products. We had a very difficult time narrowing the pool and selecting the finalists. RFaxis shows great promise, therefore deserves to be among the Finalists. Now we're faced with the difficult task of selecting the Top 100 winners of Red Herring North America. We know that the 2011 crop will grow into some amazing companies that are sure to make an impact."

Finalists for the 2011 edition of the Red Herring 100 North America award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the several months leading up to the announcement, hundreds of companies in the telecommunications, security, Web 2.0, software, hardware, biotech, mobile and other industries completed their submissions to qualify for the award.

"It is an honor and privilege to be selected as a finalist for this distinguished award, especially given the selection criteria and the companies that were considered," expresses Mike Neshat, CEO of RFaxis. "As we continue to bring down the barriers of semiconductor engineering and design, this Red Herring recognition continues to validate the passion and dedication of the entire RFaxis team, and our contributions to the global electronics industry." Neshat concludes, "Like our fellow finalists, we look forward to accelerating our business growth to help drive the momentum of the economic recovery."

The Finalists are invited to present their winning strategies at the Red Herring North America Forum in Hollywood, California, June 13-15, 2011. The Top 100 winners will be announced at a special awards ceremony the evening of June 15 at the event.

About RFaxis, Inc.
Incorporated in January 2008, RFaxis, Inc. is an Irvine, California-based company specializing in the design and development of RF semiconductor and antenna solutions for connectivity and mobility applications. With its patent pending technologies, the company leads the way in next-generation wireless solutions designed for the multibillion dollar Bluetooth, WLAN, 802.11n/MIMO, ZigBee/ISM, WiMAX, wireless video streaming, and cellular mobile handset markets. Leveraging pure CMOS and BiCMOS technology in conjunction with its own innovative approach and technology, RFaxis is home to the world's first RF Front-end Integrated Circuit (RFeIC™). More information can be found at: www.rfaxis.com.

About Red Herring
Red Herring is a global media company uniting 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 http://www.redherring.com/.

Contact Information

  • Media Contact:
    Dani Vattuone
    RFaxis, Inc.
    (949) 202-5623
    Email Contact