FXI Chosen 2012 Red Herring 100 Europe Award Finalist
TRONDHEIM, Norway – April 19, 2012, FXI announced today it has been selected as a Finalist for Red Herring’s 100 Europe award; a prestigious list honoring the year’s most promising private technology ventures from the European business region.
The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Europe. 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 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.
“Micro computers are the next logical step in hardware devices,” said Borgar Ljosland, CEO and founder of FXI. “Cotton Candy any screen computer packs the processing and entertainment features of a smartphone, a set top gaming system, an ultrabook, and a tablet into the minute size of a USB stick. And its proprietary USB graphics support allows it make HDMI TVs and displays smart, while adding multi-OS support to existing laptops.”
“This year was especially difficult,” said Alex Vieux, publisher and CEO of Red Herring. “Despite the global economic situation, there were many great companies producing really innovative and amazing products that we had a difficult time narrowing the pool and selecting the finalists. FXI 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 European award. We know that the 2012 crop will grow into some amazing companies that are sure to go far.”
Finalists for the 2012edition of the Red Herring 100 Europe 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, and clean tech industries sent in their submissions to qualify for the award.
Borgar Ljosland will present with other Finalists at the Red Herring Europe Forum in Amsterdam, April 23-25, 2012. The Top 100 winners will be announced at a special awards ceremony the evening of April 25 at the event.
About FXI
FXI Technologies (www.fxitech.com) is a Norway-based hardware and software startup dedicated to making the world of digital screens smart and personal.
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FXI Technologies and Cotton Candy are trademarks or registered trademarks of FXI Technologies. All other trademarks or trade names are the property of their respective owners.
