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Ontela Wins Red Herring 100 North America Award

Seattle, WA (PRWEB) May 18, 2009 -- Ontela, Inc. (http://www.ontela.com), provider of award-winning imaging services for wireless carriers, announced today that it has received the Red Herring 100 award, presented to the 100 most promising private technology ventures in North America.

The Red Herring editorial team selected the most innovative companies from a pool of 1,200. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.

This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the "buzz" and make the list an invaluable instrument for discovering and advocating the greatest business opportunities in the industry.

"We're thrilled to have been selected as one of the Red Herring 100," said Dan Shapiro, CEO of Ontela. "Looking at some of the winners this year and in years past, it is clear that this distinction puts us in great company. We look forward to making good on the award by continuing to provide fabulous mobile imaging experiences to our customers."

For over 10 years, The Red Herring 100 North America award, open to private technology companies headquartered in North America, has been given to the top 100 tech companies based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. Current and past winners include Twitter, Google, Yahoo!, Skype, and Salesforce.com. Since the awards inception, 70% of eligible companies that have completed a successful Initial Public Offering (IPO) have received the award prior to their IPO.

Ontela's win comes in the wake of announcing preloaded service on all of the top-five worldwide device manufacturers, funding from Eastven Venture Partners, and winning the WTIA Industry Achievement Award for Breakthrough Start-up of the Year.

About Red Herring

Red Herring is a global media company uniting 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 ecosystem, featuring unparalleled insights on the emerging technologies driving the economy.

About Ontela

Ontela provides technology infrastructure to wireless carriers that allows consumers to unlock the photos in their camera phones. Ontela's PicDeck technology has been certified by 30 operators including Verizon, T-Mobile, and Alltel on more than 100 handsets. It is also available preinstalled on devices from all five of the top global handset manufacturers. Ontela is headquartered in Seattle and is backed by Steamboat Ventures, Hunt Ventures, Voyager Capital, and Oak Investment Partners. For more information, visit www.ontela.com.

Yvonne Caprini

call Phone +1 (650) 428 2900x410

Lalee Sadighi

Red Herring|Reporter| +1-650-585-3543

Rob Newton

Ontela, Inc.

(206) 940-7942

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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.

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