NUITEQ is a Finalist for the 2011 Red Herring Top 100 Europe Award

NUITEQ is again a Finalist for the 2011 Red Herring Top 100 Europe Award

Skellefteå, Sweden – Natural User Interface Technologies AB (NUITEQ) announced today it has been selected as a Finalist for Red Herring's Top 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 valuable instrument for discovering and advocating the greatest business opportunities in the industry.

"This year was very rewarding," said Alex Vieux, publisher and CEO 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. NUITEQ 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 Europe. We know that the 2011 crop will grow into some amazing companies that are sure to make an impact."

"We are delighted to be a Finalist of the Red Herring Europe 100. It feels great that we are once again honored by Red Herring for the hard work and the innovation that we continue to deliver to our partners and customers in over 45 countries around the world.", says NUITEQ's CEO Harry van der Veen. "I'm very thankful towards our partners and customers that have all contributed to NUITEQ's success."

Finalists for the 2011 edition 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, mobile and other industries completed their submissions to qualify for the award.

The Finalists are invited to present their winning strategies at the Red Herring Europe Forum in Amsterdam, May 23-25, 2011. The Top 100 winners will be announced at a special awards ceremony the evening of May 25 at the event.

About NUITEQ
NUITEQ® is a Red Herring 100 Global award-winning Swedish technology company, that offers advanced off the shelf and customized multi-touch software solutions.

Late 2010, the company was awarded the 10th most promising tech startup in the world.

Its software product Snowflake Suite, which received a Stevie Awards finalist recognition for Best New Product or Service of the Year 2009 - Media & Entertainment, is available to end clients, software developers, system integrators and OEMs.

NUITEQ's vision is to improve the way people interact with technology, by creating engaging user interface experiences. Visit www.nuiteq.com for more information.

Check more latest news about NUITEQ here.

For an overview of the awards that NUITEQ has received over the years, have a look here.

For an overview of all the finalists, have a look at the Red Herring website here.