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TwinStrata Named a Finalist for the 2011 Red Herring Top 100 North America Award
NATICK, Mass. – May 19, 2011 -- TwinStrata, Inc., the leading innovator in data storage and data protection solutions leveraging cloud storage, today announced that 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 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. TwinStrata shows great promise, and 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."
"With unprecedented simplicity, we are enabling a new breed of enterprise data storage that allows businesses to take full advantage of the scalability and efficiency of cloud storage, resulting in significantly reduced capital and operating expenses," said TwinStrata CEO Nicos Vekiarides. "To emerge as a Red Herring finalist from such a large and distinguished group of companies under consideration is a testament to our ability to execute."
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 TwinStrata, Inc.
TwinStrata is an innovator in enterprise-class data storage, data protection and disaster recovery/business continuity solutions using cloud storage. With TwinStrata CloudArray, companies of all sizes can simply and economically leverage the scalability and efficiency of cloud storage while maintaining the availability, performance and security of local storage. CloudArray software and hardware solutions support all file and operating systems, and deliver substantial advantages over traditional off-site storage solutions, including a pay-as-you-go model, unlimited elastic capacity, local performance, in-cloud snapshots and disaster recovery, dynamic caching, automated policies, AES256 encryption, and continuous access to data. For more information about TwinStrata and CloudArray visit www.twinstrata.com.
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