Reston, VA (PressExposure) October 10, 2011 -- hCentive, Inc. announced today it has been selected as a Finalist for Red Herring's Top 100 Asia award, a prestigious list honoring the year's most promising private technology ventures with presence in Asian business region.
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, technology innovation, quality of management, execution of strategy, and integration into their respective industries.
"This year was very rewarding," said Alex Vieux, publisher and Chairman of Red Herring. "The global economic situation has abated and there are many great companies producing really innovative and amazing products. We had a very difficult time narrowing the pool and selecting the finalists. hCentive shows great promise 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 2011 crop will grow into some amazing companies that are sure to make an impact."
Manoj Agarwala, President & COO of hCentive Inc, says, "We are honored to be part of this elite list. Being nominated for this award is a validation of our innovative approach and industry leading products. hCentive is growing at a breakneck speed and our products are seeing tremendous uptake in the American healthcare industry, both in the private as well as the government sector. We look forward to exciting times ahead and thank Red Herring for this recognition."
Finalists for the 2011 edition of the Red Herring 100 Asia award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the several months leading up to the announcement, hundreds of companies in the telecommunications, security, Web 2.0, software, hardware, biotech, mobile and other industries completed their submissions to qualify for the award.