Red Herring today announced that Ayushveda Informatics (India) Pvt Ltd is a recipient of the Red Herring 100 Asia, an award given to the top 100 private technology companies based in the region.

November 19, 2009 /India PRwire/ -- Red Herring today announced that Ayushveda Informatics (India) Pvt Ltd is a recipient of the Red Herring 100 Asia, an award given to the top 100 private technology companies based in the region.

"It has been a challenging and revealing year for most companies across the globe, yet Red Herring received a very impressive list of nominations from Asia Pacific," said Alex Vieux, CEO of Red Herring. "Companies that believe in constant innovation and consistent strategy, investing in people and technology, managed to overcome these difficult times and Ayushveda Informatics (India) Pvt Ltd is one of them. They will certainly thrive in the marketplace and become a formidable force in the future. "

Red Herring's annual lists of top private companies are an important part of the company's tradition of identifying new and innovative technology companies and entrepreneurs. Companies such as Facebook, Google, eBay, Skype and YouTube were spotted in their early days by Red Herring editors, and touted as leaders that would change the way we live and work.

Red Herring's editorial staff rigorously evaluated more than 800 private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development.

To honor the CEOs of Red Herring 100 Asia companies, Red Herring invited each one to present to make a presentation at its Red Herring Asia 2009 event, November 10-11 in Shanghai, China.

Source: Press release distribution via India PRwire

For more information, please contact:
Sahil Mehta (Ayushveda Informatics (India) Pvt. Ltd, a Chandigarh based IT Company)