The Most-Promising Technology Ventures Will Be Honored
at the Red Herring Spring 2006 CEO Summit
ISELIN, N.J., Apr. 6, 2006 – EnterpriseDB, the world’s leading enterprise-class, open source database company, announced today that it has been short-listed as one of the top 200 contenders for the annual “Red Herring 100 North America“ list. The names of well over 1,000 privately held technology companies were submitted for this year’s edition of the prestigious award, giving evidence to the invigorated innovative and entrepreneurial strength of the technology ecosystem. As one of the finalists, Andy Astor, Chief Executive Officer of EnterpriseDB, will join the exclusive Red Herring Spring 2006 CEO summit, May 23-25 in Monterey, California, where the technology industry’s most-innovative CEOs, venture financiers, and corporate strategists will gather to meet this next wave of disruptive companies.
“We can see the resurgence of the tech sector reflected in the quantity and variety of excellent companies that we had to chose from in putting our list together,“ said Joel Dreyfuss, Editor-in-Chief of Red Herring. “It was difficult to choose the 200 finalists and we are very happy with the stellar quality of the companies on this short-list.“
EnterpriseDB’s selection as a “Red Herring 100 North America“ Finalist is the latest in a series of impressive company achievements:
- Sony Online Entertainment selected EnterpriseDB Advanced Server 8.1 to replace the Oracle software behind its massively multiplayer online role-playing games, including the highly successful EverQuest. Sony Online Entertainment also made a significant equity investment in EnterpriseDB.
- EnterpriseDB has been selected by Novell as one of five open source companies added in 2006 to the prestigious Market Start program.
- Phillip Merrick has been elected Chairman of EnterpriseDB. In 2000, Phillip led webMethods through the then-most-successful software IPO ever recorded.
- As part of the growing EnterpriseDB ecosystem, nine leading companies have joined EnterpriseDB’s newly formed partner program.
More information about EnterpriseDB and free downloads of the company’s flagship product, EnterpriseDB Advanced Server, are available at www.enterprisedb.com.
More Than Just Buzz
The “Red Herring 100 North America“ award is an important part of Red Herring’s tradition of recognizing new and innovative technology firms and their entrepreneurial founders. EnterpriseDB and the other nominees were rigidly evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their ecosystem. This unique assessment of potential, complemented by a review of the actual track record and standing of a company, 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.
Bringing Together the Best
As part of this tradition to honor innovation and entrepreneurship in the business of technology, Red Herring will again host “Red Herring Spring,“ a two-day, invitation-only summit for the CEOs and founders of the Red Herring 100 winners and finalists in Monterey, California. The summit’s C-level attendees will convene under the theme “The Pursuit of Disruption“ to discuss major trends and opportunities and to explore partnerships, alliances, investments, and M&A activities. Further information regarding the event and registration information is available at http://www.herringevents.com/rhspring06.
About EnterpriseDB Corporation
EnterpriseDB develops and supports EnterpriseDB Advanced Server, an enterprise-class relational database management system (RDBMS) that is built on PostgreSQL, the world’s most advanced open source database. EnterpriseDB Advanced Server is compatible with Oracle applications, has the reliability and scalability necessary for high-volume, mission-critical enterprise use, and is very affordable. EnterpriseDB has offices in the U.S., Europe, and Asia and is the world’s leading provider of enterprise-class PostgreSQL-based products and services. EnterpriseDB was founded in March, 2004, and is headquartered in Iselin, N.J. For more information, please contact +1-732-331-1300 or visit www.enterprisedb.com.
About Red Herring
Red Herring is a sophisticated insider’s guide to the business of technology, featuring unparalleled insights on the emerging technologies driving the economy, from the Internet to wireless communications and digital entertainment. Red Herring reports on how innovation and entrepreneurship are transforming business and how the business of technology is transforming the world, providing readers with a deep understanding of venture capital and capital markets. Recognized as an essential resource in today’s fast-changing business world, Red Herring gets the right answers before anyone else even thinks to ask the questions. More information on Red Herring is available on the Internet at www.redherring.com.
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