Viridity Software Named Winner of Red Herring Global 100 Award

Data Center Optimization and Energy Resource Management (ERM) Leader Selected For Its Technology Innovation, Management Quality, Strategy, Financial Performance and Market Penetration

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Viridity Software

Feb 03, 2011, 01:38 ET

BURLINGTON, Mass., Feb. 3, 2011 /PRNewswire/ -- Viridity Software, the leading provider of data center optimization and energy resource management (ERM) solutions, today announced that it has been named a winner of the Red Herring Global 100 Award, a prestigious list honoring 2010's most promising private technology ventures from North America, Europe and Asia. (In July 2010, Red Herring named Viridity Software a Winner of its North America Top 100 Award.)

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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 that companies such as Google, Skype, Netscape, Salesforce.com, YouTube, eBay and many others would change the way we live and work.

"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. Viridity Software 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 is 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 recipient of the esteemed Red Herring Global 100 Award," said Arun Oberoi, President and CEO of Viridity Software. "This award from our perspective is equally a tribute to our early adopter customers who are rapidly realizing significant eco-friendly optimization value from their data center infrastructure; as well as to our talented "team Viridity" that is committed to making a purposeful difference."

About Viridity Software

Based in Burlington, MA, Viridity Software is the leader in data center optimization and energy resource management software. Its EnergyCenter™ data center energy monitoring, measurement and management software provides customers with a cross functional solution for understanding the connection between physical infrastructure, IT equipment and applications. Once these connections are fully understood, actionable strategies are provided so that customers can run more efficient, less expensive, highly optimized, eco-friendly, sustainable data centers. For further information, please visit: www.viridity.com, email: [email protected] or call: 781-425-2060.

© 2011 Viridity Software, Inc. Viridity Software, EnergyCenter and EnergyCheck are trademarks of Viridity Software, Inc. All other brands and products names in this announcement may be trademarks or registered trademarks of their respective holder.

SOURCE Viridity Software