NewVoiceMedia announced today that it has been selected as a Finalist for Red Herring's Top 100 Europe award, which honours the year’s most promising private technology ventures from the European business region.

The Red Herring editorial team selected the most innovative companies from a pool of hundreds in Europe. Nominees were evaluated on both quantitative and qualitative criteria, including technological innovation, management strength, market size, investor record, customer acquisition, and financial health. The editorial team also reviewed each company’s track record and standing to produce the list of businesses it views as the best in Europe.

During the several months leading up to the announcement, hundreds of companies in the telecommunications, security, Web 2.0, software, hardware, biotech, mobile and other industries completed their submissions to qualify for the award.

Jonathan Gale, CEO of NewVoiceMedia, said: “Red Herring is a long standing and highly respected brand in the technology industry, so we’re delighted to be among the companies chosen to compete for this prestigious award. As a UK technology business, we’re in the minority among the finalists. We understand there’s a great deal of innovation in the technology industry that focuses on the move to cloud-based solutions. That’s why we’re incredibly proud to have our drive for innovation and commitment to our customers recognised in this way.”

“This year was very rewarding," said Alex Vieux, publisher and CEO of Red Herring. "The global economic situation has abated and there are many great companies producing really innovative and amazing products. We had a very difficult time narrowing the pool and selecting the finalists. NewVoiceMedia shows great promise therefore deserves to be among the Finalists. Now we’re faced with the difficult task of selecting the Top 100 winners of Red Herring Europe. We know that the 2012 crop will grow into some amazing companies that are sure to make an impact.”

The Finalists are invited to present their winning strategies at the Red Herring Europe Forum in Amsterdam, April 23-25, 2012. The Top 100 winners will be announced at a special awards ceremony on the evening of April 25 at the event.