In-Q-Tel Companies Receive Red Herring's 'Top 100 Innovators' Award

    ARLINGTON, Va., Dec. 8 /PRNewswire/ -- In-Q-Tel, a private, independent
 venture group funded by the CIA and Intelligence Community, today announced
 that six of its portfolio companies -- Dust Networks, Fluidigm Corporation,
 Language Weaver, MetaCarta, Nanosys, and Traction Software -- were designated
 among Red Herring's "Top 100 Innovators."
     "I am pleased by Red Herring's recognition of our portfolio," said Gilman
 Louie, President and CEO of In-Q-Tel.  "These are companies that are driving
 real innovation across a broad range of sectors -- nanotech, biotech,
 enterprise software and sensor technologies.  Selection for the Innovation 100
 not only puts our portfolio companies in an elite group but also highlights
 their potential for success in commercial and government markets."
     After a long and rigorous process of evaluating more than 1,200 entries
 from more than 900 companies, Red Herring announced the Top 100 Innovators at
 its fall 2004 Conference in Monterey, California, December 6-8, 2004.
 
     About In-Q-Tel
     In-Q-Tel is a private, independent, not-for-profit venture group funded by
 the CIA and the Intelligence Community.  Launched in 1999, In-Q-Tel's mission
 is to identify and invest in companies developing cutting-edge technologies
 that serve United States national security interests.  Working from an
 evolving strategic blueprint that defines the CIA's critical technology needs,
 In-Q-Tel engages with entrepreneurs, established companies, researchers and
 venture capitalists to deliver technologies that pay out in superior
 intelligence capabilities for the CIA and the larger Intelligence Community.
 Learn more at http://www.in-q-tel.org
 
     About Red Herring
     Red Herring covers technology innovation, venture financing, and the deals
 that make a difference.  Its award-winning journalists go deeper, providing a
 comprehensive, critical analysis of what is new and why it matters.  Red
 Herring covers the business trends with insight that counts, serving today's
 entrepreneurs and the technology of tomorrow.  Learn more at
 http://www.redherring.com
 
 

SOURCE In-Q-Tel

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