TecForte Sdn Bhd emerge as 2010 Red Herring 100 Asia Award Finalist
Date: 1-11-2010
Kuala Lumpur, Malaysia – November 3, 2010 – TecForte, a local Security Event & Information Management (SIEM) company, 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 from the Asia 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.
The CEO of TecForte, Mr. Kho Han Yao said “This recognition is timely, as our flagship security software product – Log RadarTM is increasingly being adopted by many government agencies in Malaysia, as well as Telcos, major banks and public sector in Asian region. Many of our customers leverage on our technology to fulfil security standards such as ISMS- ISO27001/2 today.”
The award’s 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.
"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. TecForte shows great promise therefore deserves to be among the Finalists. Now we’re faced with the difficult task of selecting the Winners of the Top 100 Asia Award.”
Finalists for the 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 mobile, security, Web 2.0, software, hardware, biotech, and clean tech industries sent in their submissions to qualify for the award.
The Finalists are invited to present their winning strategies at the Red Herring Asia forum in Shanghai, November 15-16, 2010. The Top 100 winners will be announced at a special awards ceremony on November 16 at the event.
About TecForte Sdn Bhd
TecForte is a MSC status ICT Security focused company which provides enterprise log security management solutions to Banking institutions, Telecommunication and Government agencies in the region. With R&D since 2004, its flagship product – Log Radar combines performance for real-time threat management and the capacity to store raw data for historic and forensic analysis. Log Radar is undergoing the process and testing for CC-EAL-2 certification, a world-class recognition for product quality and security.
About Red Herring
Red Herring is a global media company uniting the world's best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine; an online daily technology news service; technology newsletters, and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. For more information visit www.herring100.com
For more information kindly email us at info@tecforte.com or call us at +(65) 6832 5933