AutoVirt Named Winner of Red Herring Global 100 Award

Leader in File Virtualization Software for Data Mobility Selected for Its Technology Innovation, Management Quality, Strategy, Financial Performance and Market Penetration

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AutoVirt, Inc.

Feb 02, 2011, 09:15 ET

NASHUA, N.H., Feb. 2, 2011 /PRNewswire/ -- AutoVirt, Inc., the leading provider of file virtualization software for data mobility, today announced that it has been named Red Herring Global 100 Award winner, a prestigious list honoring 2010's most promising private technology ventures from North America, Europe and Asia.

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Red Herring's Global 100 list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize companies such as Google, Skype, Netscape, Salesforce.com, YouTube, eBay and many others.

"Choosing the best out of the previous three years was by no means a small feat," said Alex Vieux, Chairman of Red Herring. "After rigorous contemplation and discussion, we narrowed down our list from 1,200 potential companies to 200 finalists. Trying to get it down to 100 companies was a task upon itself. AutoVirt should be extremely proud of its achievement, the competition was difficult."

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 was complemented by a review of the track record and standing of startups relative to their sector peers, allowing Red Herring to see past the "buzz" and make the list an invaluable instrument of discovery and advocacy for the greatest business opportunities from around the world.

"We are honored to have been named a winner of Red Herring's revered Global 100 Award," said Josh Klein, President and CEO of AutoVirt. "I believe it is a testament to the great work of the AutoVirt team and to the exploding need for an affordable file data mobility solution in the market."

Klein added, "With data mobility and management identified as the leading issue for IT professionals today, and with the growing complexity of environments that include cloud storage as a required element, AutoVirt is the right technology at the right time."

About AutoVirt

AutoVirt is the leading provider of file virtualization software for data mobility. AutoVirt software provides IT organizations with the flexibility to practice efficient, cost-effective file data management without compromising service levels. Unique global namespace technology provides consistent client access, freeing IT organizations to optimize their data centers by consolidating, performing device swap-outs, archiving, or tiering data both locally and to the cloud. To learn more, please call 603-546-2900, e-mail [email protected], or visit www.autovirt.com.

© AutoVirt 2011. AutoVirt is a trademark of AutoVirt, Inc. All other brands or products are trademarks or registered trademarks of their respective holders and should be treated as such.

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Klavs Landberg

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Josh Klein

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