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TMCNet:  FXI Awarded 2012 Red Herring Top 100 Global Private Company

[December 04, 2012]

FXI Awarded 2012 Red Herring Top 100 Global Private Company

TRONDHEIM, Norway --(Business Wire)--

FXI Technologies, pioneer of the Cstick™ any screen microcomputer, announced it has been awarded a 2012 Red Herring (News - Alert) Top 100 Global award for the leading private companies from North America, Europe, and Asia, recognized for startup innovations and technologies across their respective industries.

Red Herring's Top 100 Global 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 (News - Alert),, 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 Global to the Top 100 Winners. We believe FXI embodies the vision, drive and innovation that define a successful entrepreneurial venture."

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 startups 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 from around the world.

"This award comes at a time when global developers are testing Cotton Candy for a variety of consumer entertainment and enterprise business applications," said Borgar Ljosland, CEO and founder of FXI. "In our eyes, those developers represent the true winners, as they are the ones who will innovate on top of our any screen microcomputer platform and deliver it to consumers worldwide."

About FXI

FXI Technologies is a Norway-based hardware and software platform company dedicated to providing a consistent, personal and secure computing experience across the world of digital screens.

FXI Technologies and Cotton Candy are trademarks or registered trademarks of FXI Technologies. All other trademarks or trade names are the property of their respective owners.

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