OpTier Selected as a Finalist for 2009 Red Herring 1001
Business Transaction Management Leader Honored As One of the Most Promising Private Technology Ventures inNorth America
NEW YORK, May 11 /PRNewswire/ -- OpTier(R), the leader in Business
Transaction Management(TM) (BTM) for the enterprise, today announced it
has been selected as a finalist for the "Red Herring 100 North
America," a prestigious award honoring the year’s most promising
private technology ventures in North America. The company was chosen by
the Red Herring editorial team as one of the 200 most innovative
companies from a pool of 1,200 nominees. As a finalist, OpTier will
present its winning strategy at the Red Herring Conference in San Diego
later this month, where the winners will be announced.
For over 10 years, the "Red Herring 100 North America" award has been
given to the top 100 tech companies based upon their technological
innovation, management strength, market size, investor record, customer
acquisition, and financial health. Red Herring evaluated contenders on
both quantitative and qualitative criteria, such as financial
performance, technology innovation, quality of management, execution of
strategy, and integration into their respective industries. This unique
assessment of potential is complemented by 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 an invaluable instrument for discovering
and advocating the greatest business opportunities in the industry.
"This year was especially difficult," said Alex Vieux, Publisher and
CEO of Red Herring. "There were so many great companies producing
really innovative and amazing products that we had a difficult time
narrowing it down to 200. Now we’re faced with the arduous task of
selecting the final 100. We know that this year’s crop will grow into
some amazing companies that are sure to go far."
OpTier’s CoreFirst(R) software for BTM enables organizations to manage
IT from a business perspective using transactions. CoreFirst assures
that business transactions flow smoothly within IT applications and
infrastructure,without bottlenecks or outages, for improved end-user
experience. BTM is a critical solution for organizations adopting
virtualization, as well as service orientedand legacy architectures.
"Receiving this recognition from Red Herring is a tremendous
achievement for our company, and a reflection of the value that our
CoreFirst technology provides to the market," said Israel Mazin,
Chairman and CEO of OpTier. "When we started the company in 2002, our
goal was to create a new category of software called Business
Transaction Management, and our selection as a finalist is further
validation of the leadership role that the company has played in
bringing the need for BTM technology to the forefront and redefining
the way that organizations view business transactions."
About Red Herring
Red Herring is a global media company uniting the world’s best high
technology innovators, venture investors, and business decision-makers
in a variety of forums: a leading innovation magazine; an online daily
technology news service; technology newsletters, and major events for
technology leaders around the globe. Red Herring provides an insider’s
access to the global innovation ecosystem, featuring unparalleled
insights on the emerging technologies driving the economy.
For more information, visit www.redherring.com
OpTier(R) harnesses the power of real business transactions with its
unique Business Transaction Management(TM) (BTM) software solutions.
Our CoreFirst(R) product assures that business transactions flow
smoothly within IT applications and infrastructure without bottlenecks
or outages, for improved end-user experience and reduced cost. Our
Active Context Tracking(TM) (ACT) technology delivers end-to-end
visibility - of all business transactions, across all tiers, all the
time - by continuously discovering the links between IT components and
business services. It also prioritizes IT transactions and processes
based on business needs, for true IT optimization. For more
information, visit www.optier.com.
OpTier, CoreFirst and "Putting First Things First" are registered
trademarks of OpTier.