Celona is the only UK Enterprise software player in the Red Herring Global 100 Award

London, UK – 20 January, 2010 – Celona, the leading provider of Application Data Migration software, announced that it had been selected as a winner of the Red Herring Global 100 Awards, given in recognition of leading private companies from North America, Europe and Asia, celebrating innovations and technologies across a number of industries.  Significantly, Celona is the only UK enterprise software vendor represented in the internationally recognised Awards.

Red Herring’s Global 100 list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Google, Yahoo, Skype, Netscape, Salesforce.com, YouTube, and eBay would change the way we live and work.

“Choosing the best out of the previous three years was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed down our list from 1,200 potential companies to 200 finalists.  Trying to get it down to 100 companies was a task upon itself.  The top 100 companies who were chosen should be extremely proud, the competition was difficult.”

“Celona’s selection as part of the Global 100 winners list is a prestigious award, and shows that trailblazing IT solutions are not the sole property of Silicon Valley,” said Charles Andrews, CEO, Celona. “Data migration is becoming more of an issue for enterprises and organisations, particularly with growing numbers of recent mergers and acquisitions and the drive to more efficient, cost effective business applications and architectures. Celona is proud to be at the forefront of innovation in this sector and our software provides a solution to the long associated problems of application data migration.”

Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector peers, allowing Red Herring to see past the “buzz” and make the list an invaluable instrument of discovery and advocacy for the greatest business opportunities from around the world.