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.
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
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