Semantic System AG wins the Red Herring Global 100 award

Semantic System AG has won the prestigious “Red Herring Global 100 Award 2009″ on January 18, 2010. This makes the Swiss high-tech company based in Glattbrugg-Zurich, Switzerland one of the best tech ventures worldwide.

In professional circles, the awards of the global media company Red Herring are considered the ultimate prize for innovative technology and are thus highly coveted. This honor reaches the 100 most promising technology companies across the globe, which are in the Red Herring’s view expected to lead the next wave of disruption and industry innovation, every year.

The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and delivery on strategy and involvement in research and development. For «Red Herring Global 100 Award 2009», the judges paid particular attention to strategies and the ability to establish an international presence, integration into their respective industries.

CENDOO and Semantic System AG have signed end of 2009 an agreement for future cooperation, development and licensing of the first semantic Information-Butler. The development of the prototype will start in early 2010, the completion is expected to be beginning of the 2nd Quarter 2010.

For more information about the award visit www.redherring.com