ReadiMinds Awarded Red Herring Top 100 Global Company

ReadiMinds: Emerging Leader in Transaction Security & Cross-Channel Financial Fraud Prevention; Real-Time Risk Monitoring & Mitigation; Self-Learning Predictive Scoring; and Real-Time Electronic Surveillance & Response

ReadiMinds today announced that it has been awarded as one of the Red Herring Top 100 Global Companies. Red Herring Top 100 Global Companies are chosen from winners and finalists of the previous North America, Europe and Asia Red Herring Top 100 Companies. Winning and finalist companies from the previous three years were eligible for this outstanding award. Out of 1,800 successful and highly eligible companies, the Red Herring editorial team deployed a detailed process to drill-down the best companies first to 200 finalists, then to the top 100 winners of this global award. Evaluations were made on both quantitative and qualitative criteria, such as financial performance, innovation, management, global strategy, and ecosystem integration. The announcement of the winners was made at the Red Herring 100 Global taking place in San Diego from January 14-16, 2009. Present among the finalists were elite executives and venture capital leaders from around the world.

“We were so pleased to announce ReadiMinds as a Red Herring Top 100 Global Company,” commented Red Herring publisher Alex Vieux. “ReadiMinds has proven to be a company excelling in their industry and its ripples have turned into waves. It was difficult for us to narrow down, but we are pleased to have included ReadiMinds in our list of promising companies. We look forward to the changes it makes to its industry in the future.”

“This global recognition of our efforts is truly an honour for all the ReadiMinders. We all are very pleased. This global award once again recognizes ReadiMinds' innovative use of technology for emerging new class of applications requiring "Right-Time Response System"; and our resulting leadership position in the field of Transaction Security & Cross-Channel Financial Fraud Prevention; Real-Time Risk Monitoring & Mitigation; Self-Learning Predictive Scoring; and Real-Time Electronic Surveillance & Response", Naren Nagpal, Founder & CEO of ReadiMinds said on the occasion.

About Red Herring

About ReadiMinds

ReadiMinds is a multi-award winning, specialist, new generation, transaction security & online financial fraud prevention; real-time risk monitoring & mitigation; self-learning predictive scoring; and real-time electronic surveillance & response software Product Company, with a proven and acknowledged track record of innovation and leading edge software solutions for the BFSI and homeland security industry. We are headquartered in Singapore, with substantial presence in Bangalore, India. 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 Mitigate Losses and Maximize Opportunities.