SINGAPORE, Aug. 14, 2013 /PRNewswire/ -- Wealth-X, the world's leading ultra high net worth (UHNW) intelligence provider, announced today it has been selected as a finalist for Red Herring's Top 100 Asia award, a prestigious list honouring the year's most promising private technology ventures in Asia.
The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Asia. The nominees are evaluated on both quantitative and qualitative criteria such as financial performance, technological innovation, quality of management, execution of strategy, and integration into their respective industries.
"Entrepreneurship in Asia has reached an inflexion point, and as a result Red Herring Asia 2013, has shifted into a new phase," said Alex Vieux, publisher and CEO of Red Herring. "A second generation of entrepreneurs with CEO backgrounds is emerging and their execution skills and global ambitions lead to restless growth and amazing journeys. As importantly, we are seeing more companies from countries once absent from innovation circles. Wealth-X shows great promise and therefore deserves to be among the finalists. Now we're faced with the difficult task of selecting the Top 100 winners of Red Herring Asia. We know that the 2013 crop will reward us for long and continued efforts in scouting disruptive companies in Asia. The wealth of talent and achievements displayed by Red Herring Asia finalists is an excellent predictor for the new world rising."
"We at Wealth-X are honoured to be among this year's finalists. It is a recognition of the hard work our team has invested and the results our clients have yielded in the marketplace these past several years," CEO Mykolas D. Rambus said. "With our headquarters in Singapore and offices on five continents, Wealth-X remains extremely well positioned to capitalise on the sector we created."
The finalists will present their winning strategies at the Red Herring Asia Forum in Hong Kong from September 3 to 5, 2013. The Top 100 winners will be announced at a special awards ceremony held on the evening of September 5.
Wealth-X provides detailed intelligence on ultra high net worth (UHNW) individuals globally, defined as those with assets of US$30m and above. The firm's Wealth-X Professional solution is the standard for banking, marketing and not-for-profit professionals working with the ultra affluent. (www.wealthx.com)