astTECS Honoured with Red Herring 2013 Top 100 Asia Award

Dr. Devasia Kurian, Managing Director, *astTECS.
13 September, 2013

*astTECS, a leading provider of Enterprise Telecom Technology Products and Asterisk based Open Source Communication Solution, today announced that the company been honoured with the prestigious Red Herring 2013 Top 100 Asia award for path-breaking innovations in Telecom Technology. Red Herring announced its Top 100 award in recognition of the leading private companies from Asia, celebrating these start-ups’ innovations and technologies across their respective industries.

“We are elated and it’s a privilege to be the recipient of such a prestigious award especially in the exciting world of communications. This is a recognition of our constant innovation that drives *astTECS to be on the technology forefront. Red Herring Top 100 Asia award reinforces our commitment and encourages us to scale new levels of compelling telecom infrastructure solution,” said Dr. Devasia Kurian, Managing Director, *astTECS.

Red Herring’s Top 100 Asia list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.

“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Asia to the Top 100 Winners. We believe *astTECS embodies the vision, drive and innovation that define a successful entrepreneurial venture. *astTECS should be proud of its accomplishment, as the competition was the strongest it has ever been.”

Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of start-ups relative to their peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Asia.

Red Herring is a global media company, which unites the world’s best high technology innovators, venture investors and business decision makers in a variety of forums, including print, online and exclusive events worldwide. Red Herring provides an insider’s access to the global innovation economy, identifying new and innovative technology companies and entrepreneurs. Its Red Herring 100 awards for North America, Europe, Asia and Global have recognized more than 5,000 companies in their early stages, including Baidu, Google, eBay, Skype.