Exinda Named Finalist for the 2012 Red Herring Top 100 Americas Award

BOSTON, May 16, 2012 /PRNewswire/ -- Exinda, a global provider of WAN optimization and application performance assurance solutions, announced today it has been selected as a finalist for the 2012 Red Herring Top 100 Americas award, a prestigious listing of the year's most promising private technology ventures in North America. Exinda enables organizations to assure the performance of their strategic business applications through WAN optimization that intelligently applies acceleration and containment policies based on the priorities of the organization. Exinda addresses the business objectives of thousands of organizations worldwide, helping them to improve application performance, maximize network resources, improve productivity and deliver a reliable end-user experience.

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Finalists for the 2012 Red Herring 100 Americas award were selected based upon technological innovation, management strength, market size, investor record, customer acquisition and financial health. The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across North America, and evaluated nominees on both quantitative and qualitative criteria. This unique assessment is complemented through a review of the actual track record and standing of a company, which allows Red Herring to see past the "buzz" and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.

"Exinda is honored to be selected as a Red Herring 100 finalist," said Exinda CEO Michael Sharma. "Exinda continues to grow well above market pace because, unlike conventional approaches to WAN optimization, we approach the customer challenge from a user and business perspective, not a 'bits' perspective. Exinda is at the forefront of a fundamental shift in WAN optimization, with application assurance and user experience replacing traffic compression and acceleration at center stage."

Exinda posted another record-breaking year in 2011—reporting year-on-year growth of 116%—and has continued that momentum in 2012. The company also doubled its market share in the WAN optimization space and increased market penetration, bolstered by strong international growth and a further penetration into high-value vertical markets.  

"This year was very rewarding," said Alex Vieux, publisher and Chairman of Red Herring. "There are so many great companies producing truly innovative and amazing products and technologies. We had a very difficult time narrowing the field and selecting the finalists from such a group of future stars. Exinda shows great promise therefore deserves to be on the short list. Now we are faced with the difficult task of selecting the Top 100 winners."

Finalists for the 2012 Red Herring 100 Americas award will present their winning strategies at the Red Herring Americas Forum in Santa Monica, Calif., May 21-23, 2012. The Top 100 winners will be announced at a special awards ceremony May 23.

About Exinda®

Exinda is a proven global supplier of next-generation WAN optimization and application acceleration products. The company has helped more than 2,500 organizations in over 80 countries worldwide improve the end user experience, manage application performance, manage congestion over the WAN and reduce network operating costs for the IT executive. For more information, please visit http://www.exinda.com.

SOURCE Exinda