SOURCE: Spondo

Spondo

September 10, 2013 14:00 ET

Spondo Wins 2013 Red Herring Top 100 Asia Award

Streaming Video Monetization Platform Is the Only Australian Company to Receive Prestigious Honor

MELBOURNE, AUSTRALIA--(Marketwired - Sep 10, 2013) - Spondo, a world-leading proprietary content syndication and revenue distribution software platform, today announced it is a winner of Red Herring's Top 100 Asia award, a prestigious title honoring the year's most promising private technology ventures from the Asian business region. Spondo was the only company from Australia to receive the award.

Red Herring's Top 100 Asia 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.

"We are honored to join the accomplished roster of those who have been honored by Red Herring," said Chris Adams, Spondo CEO. "The fact that we were the only Australian company to be named to this list says a lot about the unique quality of work we are currently doing at Spondo. We look forward to continuing the kind of innovation that helped us receive such a pre-eminent technology accolade."

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 record 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 in Asia.

"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 Asia to the Top 100 Winners. We believe Spondo embodies the vision, drive and innovation that define a successful entrepreneurial venture. Spondo should be proud of its accomplishment, as the competition was the strongest it has ever been."

About Red Herring
Red Herring is a global media company that unites the world's best high technology innovators, venture investors and business decision makers in a variety of forums, including print, online and exclusive events worldwide. Red Herring provides an insider's access to the global innovation economy, identifying new and innovative technology companies and entrepreneurs. Its Red Herring 100 awards for North America, Europe, Asia and Global have recognized more than 5,000 companies in their early stages, including Baidu, Google, eBay and Skype.

About Spondo
Spondo is a world-leading technology company with proprietary content syndication and revenue distribution software that empowers publishers to monetize their content on any website, tablet PC or Smart device/TV via streaming Pay-Per-View, VOD and more. Based in Melbourne, Victoria, Australia, Spondo seeks to connect content owners with affiliates and their communities through an innovative business model of revenue sharing, turnkey technology solutions and marketing tools that make it easy to make money from content worldwide. Spondo is owned by holding company RivusTV Limited. For more information, please visit http://www.spondo.com.