Manthan listed in the Red Herring 100

SAN FRANCISCO,USA: Red Herring Magazine announced today that Manthan Systems, a provider in analytical solutions, has been short-listed in Red Herring 100 Asia 2008 awards.

The 100 winners would be announced at the Red Herring 100 Asia event in Hong Kong, on December 2 and 3, 2008, said a press release.

The 200 finalists are based in 16 countries/regions including China, India, Japan, Singapore, South Korea, Australia and Vietnam, it added.

"The 200 finalists we selected from across 16 countries and regions are all excellent contenders," said Joel Dreyfuss, editor-in-chief, Red Herring.

"They are exceptional companies who thrive on innovation and strongly define the important role of technology in Asia's economy and throughout the world."

The statement reported that the finalists and winning companies would receive honors at the Red Herring 100 Asia event in Hong Kong, on December 2 and 3, 2008.

Red Herring 100 Asia is an exclusive event honoring 100 cutting-edge private technology companies from across the Asia-Pacific region, it added.

"We're happy to be selected among the most innovative technology companies for the second year in a row," said Atul Jalan, chief executive officer, Manthan.

Atul commented, “With a strong market performance in the last 2 quarters, we have maintained a growth of over 100 per cent Y-o-Y. In these difficult times, many of our customers are realizing the true value of our decision-making technologies.”

The event would bring together an elite roster of entrepreneurial and global venture investment firms to showcase excellence in innovation.

It features two days of keynote discussions, round table panels and intimate networking events designed for participants to make connections and learn what it takes to achieve the best in business and technology in Asia, the release added.