Office address:
Tekniikantie 21
02150 Espoo
Finland
Red Herring Europe 100 Finalist
SIBESONKE PRESS RELEASE May 15, 2010 Espoo, Finland – Sibesonke Ltd today announced that it has been selected as a Finalist of the Red Herring 100 Europe Award. The Finalists have not yet been listed on Red Herring's web pages at the time of this press release but Sibesonke received official confirmation by e-mail. Red Herring awards the best privately held high technology companies all over the world and Sibesonke Ltd has been selected as Finalist in Europe already at early stage. Evaluations are made on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries. The finalists, elite executives and venture capital leaders will celebrate the Top 100 Privately Held Companies from Europe in Paris from May 25-27, 2010.
"We are extremely delighted to be selected Finalist of Red Herring Europe 100 as a young start-up company in Finland. Our company's vision is to bring life-empowering mobile phone services to literally billions of lower-income people in emerging countries. This breath-taking vision requires excellent strategic partnerships on a global scale. We trust this prestigious recognition as one of Europe's best high technology companies helps us creating new important partnerships" comments Sibesonke Ltd CEO Mr Uwe Schwarz.
About Red Herring: 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: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider’s access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available on the Internet at www.redherring.com.
Sibesonke aims at serving billions of under-privileged people in emerging countries all over the world through a mobile service that does not require any upgrading or Internet data connection in the phone. Sibesonke's proprietary technology works even on 10 year old GSM phones. The service is currently life in South Africa and planned to be launched in other African countries within this year.
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