Daintree Networks is Finalist for 2014 Red Herring 100 Global Award

LOS ALTOS, Calif., Nov. 13, 2014 /PRNewswire/ -- Daintree Networks, Inc., the leader in open wireless smart building solutions for enterprise control and energy management, announced today that it has been selected as a candidate for Red Herring's 2014 Top 100 Global award, a prestigious recognition honoring the year's most audacious and far-reaching private technology companies and entrepreneurs from across the globe. The finalists are invited to present their winning strategies at the Red Herring Global forum in Los Angeles, Nov. 18 to 20. The Top 100 winners will be announced at a special awards ceremony on Nov. 20 at the event.

The Red Herring editorial team selected the companies demonstrating the most innovative technologies and business models originating from over 1,000 companies from more than 40 nations. These companies, representing past Red Herring Asia, Europe and North America awards, are judged on a range of qualitative and quantitative metrics, including but not limited to, technology innovation, financial performance, growth criterion, management's execution standards, potential globalization of the strategy, and market share improvement.

"Technology companies are becoming the bright spot in the economic outlook based on their increasing role within macro-economic environments," stated Alex Vieux, Red Herring chairman. "2014 has demonstrated the sector's vibrant activity and its contribution to the global economic recovery. An unprecedented number of entrepreneurs are jumping ahead of the competition and making a difference. Constant breakthroughs make recent developments obsolete faster than ever before. Daintree Networks is performing exceptionally well in its field and strongly deserves to be singled out as one of the Red Herring Global finalists. At this stage, we are left with the daunting task to select the best qualified companies for the 2014 Top 100 Global Award."

"We are very honored to be named a winner of Red Herring's Top 100 North America Award and now are pleased to be identified as a finalist for Red Herring's Top 100 Global Awards," said Mandeep Khera, Daintree Networks Vice President of Marketing and Channels. "Participating as a finalist recognizes Daintree Networks as a leader in building controls and energy management with a wide range of capabilities including lighting, thermostat, plug-load control, CO2 sensor monitoring, data analytics, and more. Daintree Networks' solution, while enabling facility, energy, and operations managers to intelligently manage their building operations and energy, has become the core for Enterprise Internet of Things™, or E-IoT™ with its' open standards-driven approach."

About Red Herring
Red Herring is a global media company that unites the world's best high-technology innovators, venture investors and business decision-makers in a variety of forums, including print, online and exclusive events worldwide. Red Herring provides an insider's access to the global innovation economy, identifying new and innovative technology companies and entrepreneurs. Its Red Herring 100 awards for North America, Europe, Asia and Global have recognized more than 5,000 companies in their early stages, including Baidu, Google, eBay and Skype. For more information, please go to: http://www.redherring.com/events/

About Daintree
Daintree Networks is a trusted provider of the leading solution for smart building control and management, the core application for the Enterprise Internet of Things™. Daintree's ControlScope™ is an open standards-driven control, monitoring, and optimization solution for facility, operations, energy, and sustainability professionals. ControlScope delivers up to 70 percent energy savings, operational efficiencies and up-time as well as occupant comfort while providing actionable decision-support information through Big Data analytics. Leveraging Daintree's Enterprise Internet of Things™, or E-IoT™ approach, the solution utilizes sensors to also monitor other conditions such as air quality, humidity, building security and more that comprise the networked ecosystem of an organization. Daintree Networks is a channel-friendly company with leading strategic and technology partners helping serve its customers globally, with major locations in Silicon Valley, California, and Melbourne, Australia. Further information is available at http://www.daintree.net.

ControlScope, Enterprise Internet of Things, and E-IoT are trademarks of Daintree Networks.

All product and company names herein are the trademarks of their registered owners.

SOURCE Daintree Networks, Inc.

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