ReadiMinds: Selected Finalist for “Red Herring 100 Asia” Award 2007

[ReadiMinds receives one more recognition for innovation and leading edge solution]

[ReadiONE: Right-Time Response System for Online Fraud Prevention]

USA, Singapore, Bangalore/India – August 16, 2007

ReadiMinds is pleased to announce its selection as one of the finalists for the “Red Herring 100 Asia” Award 2007.

The Red Herring Magazine’s editorial team carefully selected the finalists for this award based on criteria such as innovative strategies, overall expertise, disruptive influences on technology, and a passion for the industry.  The finalists are based in 16 countries/regions including China, India, Japan, Singapore, Korea, Australia, Malaysia, Thailand, and Vietnam.  The names of the 200 companies short-listed as finalists for the "Red Herring 100 Asia” Award 2007 can be found online at http://www.herringevents.com/asia07/redherring100.html#200

 

"The 200 finalists we selected from across 16 countries and regions are all excellent contenders," said Joel Dreyfuss, Editor-in-Chief of 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."

Naren Nagpal, Founder & CEO of ReadiMinds said: “We are proud to receive one more recognition for our innovation and leading edge software solution. We already appear in a book titled “Innovative Singapore Companies”, which is published by IE Singapore (Singapore Government) in 2004/05. CRN Test Centre (USA) – part of CMP Worldwide - recommended our solution with 8 star rating in its April 18, 2005 issue. We were also the winner of the Infocomm Development Authority/Economic Development Board Singapore’s Innovation Grant Award in 2002/3. Then there are few others!”

The finalists and winning companies will be celebrated at the Red Herring 100 Asia event in Hong Kong, China, taking place on August 29-31, 2007.

About ReadiMinds

ReadiMinds is an emerging new generation software product company, with a proven and acknowledged track record of innovation and leading edge software solutions. Our ReadiONE: Right-Time Response System is the result of over 5 years of R&D, and is targeted for emerging new class of applications, requiring Right-Time Response to prevent losses and optimize opportunities.

“ReadiONE: Right-Time Response System for Online Fraud Prevention” is a new generation holistic solution, with multi-level and multi-stage security that supports stronger multi-factor user authentication, cross-channel fraud detection and risk-based transaction verification. It is built ground-up using Event-Driven Architecture, Service-Oriented Architecture, Business Process Architecture, and Web Services standards.

ReadiMinds is privately held and backed by premier investors from USA, Singapore, and Hong Kong. We serve our clientele from strategically located offices and business partners. ReadiMinds can be reached at www.ReadiMinds.com.

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 research, 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. For more information, visit www.redherring.com.

Media Contact at ReadiMinds:

John Smith

Director-Marketing

media@ReadiMinds.com

Contact at Red Herring:

Maggie Xiao

Director, Red Herring APAC

650.585.3419  

mxiao@redherring.com

 

 

.