Date -2006-05-22
Award Recognizes the 100 Private Technology Firms in North America
Driving the Future of Technology
ISELIN, N.J., May 22, 2006 – EnterpriseDB, the world’s leading enterprise-class, open source database company, announced today that that it has been selected as a winner of the annual “Red Herring 100 North America” award by Red Herring magazine. This list of 100 privately held companies in North America recognizes those that play a leading role in innovating the technology business. To view the full list, please visit www.redherring.com.
As one of the winners, Andy Astor, Chief Executive Officer of EnterpriseDB, will present the company at the exclusive Red Herring Spring 2006 CEO summit, May 23-25 in Monterey, California, where a select group of 300 technology entrepreneurs, investors, and corporate developers will gather to be the first to meet this next wave of disruptive technology companies.
Disruptive Technologies and Business Plans
“With venture capital flowing again, we’re seeing a lot of innovative new companies taking on the established players with disruptive technologies and innovative business plans,” said Joel Dreyfuss, Editor-in-Chief of Red Herring. “The Red Herring 100 North America companies, among them EnterpriseDB, are pushing and breaking the boundaries of the technology business and we are excited to report on their success stories.”
“We’re pleased that the Red Herring editors have recognized that EnterpriseDB is radically transforming the enterprise database software marketplace,” said Andy Astor, Chief Executive Officer of EnterpriseDB. “EnterpriseDB has enhanced PostgreSQL, the world’s most advanced open source relational database, to run Oracle applications and to perform even better. We make enterprise migration from Oracle to open source fast and trouble-free.”
Sony Online Entertainment (SOE) recently announced that it had selected EnterpriseDB Advanced Server for its blockbuster massively multiplayer online games and platform services, citing EnterpriseDB’s ability to run SOE’s existing Oracle applications, lower total cost of database ownership, and world-class customer service and technical support as reasons for the selection.
More Than Just Buzz
Red Herring’s lists of top private companies are an important part of the renowned magazine’s tradition of identifying new and innovative technology firms and entrepreneurs. Companies like Google and eBay were spotted in their early days by Red Herring editors as some that would change the way we live and work.
After receiving more than 1,000 submissions and nominations, Red Herring’s editorial staff rigorously evaluated EnterpriseDB and the other contenders through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development. The Red Herring 100 North America companies are at the forefront of the technologies that are changing our lives in profound ways.
Honoring the Best
To honor the Red Herring 100 companies, Red Herring has invited their CEOs and founders to present at its Red Herring Spring 2006 conference, a forum for technology’s most exciting companies, and to share their insights on the future of innovation and the entrepreneurial journey. Scheduled to take place at the Hyatt Regency Hotel in Monterey, this intimate, invitation-only conference will explore “The Pursuit of Disruption” and how it spawns unexpected opportunities, novel alliances, and great success stories.
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 (732) 331-1300 or visit www.enterprisedb.com.
About Red Herring Spring 2006
Red Herring Spring 2006 will assemble 300 of the continent’s most innovative and successful CEOs, investors, and corporate developers and feature a dynamic group of over 100 speakers that are pushing and breaking the boundaries of the business of technology. Themed “The Pursuit of Disruption,” it will be held May 23–25 in Monterey, California. Please contact Michael Felber at (650) 428-2900 or e-mail mfelber@redherring.com to request an invitation to attend the event.
More information is available online at www.herringevents.com/rhspring06.
About Red Herring Magazine
Red Herring magazine 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’s journalists report 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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Christian Danella
Prequent, Inc. (for EnterpriseDB Corporation)
christian@prequent.com
+1-408-993-2269 office
+1-415-350-4830 mobile