ITTIAM Systems named a Red Herring 100 Asia company

BANGALORE: Ittiam Systems today announced that it has been named one of the Red Herring 100 Private Companies of Asia.

"Getting selected for the Red Herring Asia 100 list is quite an achievement," said Red Herring editor-in-chief Joel Dreyfuss. "We had many strong entries, a reflection of the depth of entrepreneurship that has taken hold in Asia."

"Ittiam's innovative business model and cutting edge products are transforming the way our customers develop and market products," said Srini Rajam, chairman and chief executive officer, Ittiam Systems. "Ittiam's selection to Red Herring Asia 100 list a reflection of the impact we have had as a technology company from Asia and the huge potential Ittiam has looking to the future. We feel honored," he added.

Red Herring's lists of private companies are an important part of the magazine's tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google and eBay were spotted in their early days by Red Herring editors as those that would change the way we live and work.