Exciting news from the team here at XLabz! Our company was selected as one of the finalists for the 2011 Red Herring Top 100 Asia, which is one of the most prestigious awards in the business world.
Every year, Red Herring identifies the Top Innovative Companies around the world. 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.
Here’s what Mr. Alex Vieux- publisher and Chairman of Red Herring- had to say: “This year was very rewarding. 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. XLabz Technologies shows great promise therefore deserves to be among the Finalists. We know that the 2011 crop will grow into some amazing companies that are sure to make an impact."
We are extremely happy and honored to make it into the Red Herring Top 100 Asia list and would like to sincerely thank the Red Herring team for this recognition.