Crederity Wins Red Herring Asia 2009 Award

New York City, NY (PressExposure) November 30, 2009 -- Crederity – a Wharton-incubated online identity and credential verification firm has been awarded the coveted Red Herring Top 100 Asia. The award recognizes Crederity amongst the most innovative private technology companies in the APAC region.

Crederity has also been selected as one of the finalists for Red Herring Global 100 where startups from three continents– North America, Europe & Asia will compete in Laguna Niguel, California on January 13-15, 2010. Former winners such as Google, eBay and Skype were discovered early on by Red Herring editors, who identified these companies as leaders in changing the way we live and work.

Crederity is a new service which applies sophisticated technologies and programs for helping people and businesses easily establish trust on the Internet through certification and verification solutions. Some of the consumer services from Crederity include identity & credential certification for individuals, resume certification for job seekers, online dating background check services , social identity verification such as Twitter, Facebook, LinkedIn, pre-employment screening and vendor assessment Solutions. Today, Crederity serves thousands of individuals through its partnerships with web communities, and dozens of small, medium and large enterprises.

"It has been a challenging and revealing year for most companies across the globe, yet Red Herring received a very impressive list of 800 nominations from Asia Pacific,” said Alex Vieux, CEO of Red Herring. “Companies that believe in constant innovation and consistent strategy, investing in people and technology, managed to overcome these difficult times and Crederity is one of them. They will certainly thrive in the marketplace and become a formidable force in the future."

On receiving the award, Rakesh Antala, CEO of Crederity said, “Crederity is honored to receive the Red Herring 100 Asia 2009 Award. This recognition would encourage us to work even harder towards our objective of becoming the first guaranteed trust builder on internet and expand our range of services"

To honor the CEOs of Red Herring 100 Asia companies, Red Herring invited each one to present to make a presentation at its Red Herring Asia 2009 event, November 10-11 in Shanghai, China.

About Red Herring: ( )

Red Herring founded in 1993, 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 research, and major events for technology leaders around the globe. Red Herring provides an insider’s access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy.

Red Herring’s lists of top private companies are an important part of the publication’s tradition of identifying new and innovative technology companies and entrepreneurs.

The list of Red Herring 100 Asia 2009 Winners is available on []

About Crederity

Crederity, based in New York and Bangalore, has created an online fact verification technology and is addressing the problem of building trust in new business and personal relationships. Crederity is a symbol of trust. Its services allow anyone to easily, safely and securely share, request and verify personal and business information. Crederity originated as a winning entry in the 2005 Wharton Business Plan Competition at the University of Pennsylvania. For more information, please visit

Lijo Isac

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Press Release Submitted On: November 30, 2009 at 2:12 am
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