Red Herring announced that Cape Clear Software has been short-listed as one of the top 200 contenders for its annual “Red Herring 100 North America” list. More than 1,000 privately-held technology companies submitted to this year’s edition of the prestigious award, giving evidence to the invigorated innovative and entrepreneurial strength of the technology ecosystem. As one of the finalists, Annrai O’Toole, CEO of Cape Clear, has been invited to the exclusive Red Herring Spring 2006 CEO summit, May 23-25 in Monterey, California, where the technology industry’s most-innovative CEOs, venture financiers and corporate strategists will gather to meet this next wave of disruptive companies.
High-quality companies
We can see the resurgence of the tech sector reflected in the quantity and variety of excellent companies that we had to choose from in putting our list together,” said Joel Dreyfuss, editor-in-chief of Red Herring. “It was difficult to choose the 200 finalists and we are very happy with the stellar quality of the companies on this short list.”
Clear Software provides the fastest, simplest, and most proven way to implement a Service Oriented Architecture (SOA) through the industry’s only true Enterprise Service Bus (ESB) technology. Based completely on Web services and open standards, and designed to work within the existing infrastructure of a company, Cape Clear’s ESB stands in stark contrast to the closed, proprietary integration technologies of the past. Cape Clear has more than 200 customers spanning the government, education, financial services, healthcare and manufacturing industries.
“Cape Clear strives to deliver innovative Service Oriented Architecture solutions that will help customers achieve real benefits and ultimately transform the market landscape,” said Annrai O’Toole, CEO of Cape Clear. “We are honored that Red Herring has included us on this prestigious list and recognized the Company as a leader in the red-hot SOA market.”
More than just buzz
The “Red Herring 100 North America” award is an important part of Red Herring’s tradition of recognizing new and innovative technology firms and their entrepreneurial founders. Cape Clear and the other nominees were rigidly evaluated on both quantitative and qualitative criteria such as financial performance, technology innovation, quality of management, execution of strategy and integration into their ecosystem. This unique assessment of potential complemented by a review of the actual track record and standing of a company 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.
Bringing together the best
As part of this tradition to honor innovation and entrepreneurship in the business of technology, Red Herring will again host “Red Herring Spring,” a two day invitation-only summit for the CEOs and founders of the Red Herring 100 winners and finalists in Monterey, California. The summit’s C-level attendees will convene under the theme “The Pursuit of Disruption” to discuss major trends and opportunities and to explore partnerships, alliances, investments and M&A activities. Further information regarding the event and how to register is available at http://www.herringevents.com/rhspring06.
About Cape Clear Software
Cape Clear Software provides the fastest, simplest, and most proven way to implement a Service Oriented Architecture, delivering enterprise SOA projects in 20 percent of the time and cost of alternative approaches. With over 200 customers, Cape Clear is the proven leader in Enterprise Service Bus (ESB) software. Cape Clear’s True ESB software is based completely on open standards, works with your existing infrastructure, and enables business users to flexibly align their business processes with their infrastructure. Founded in 1999, Cape Clear Software is a privately held firm with headquarters in Waltham, Massachusetts and offices in Atlanta, San Mateo, Dublin, and London.
For more information on Cape Clear Software, visit: www.capeclear.com
About Red Herring
Red Herring is a sophisticated insider’s guide to the business of technology, featuring unparalleled insights on the emerging technologies driving the economy, from the Internet to wireless communications and digital entertainment. Red Herring reports on how innovation and entrepreneurship are transforming business and how the business of technology is transforming the world, providing readers with a deep understanding of venture capital and capital markets. Recognized as an essential resource in today’s fast-changing business world, Red Herring gets the right answers before anyone else even thinks to ask the questions. More information on Red Herring is available on the Internet at www.redherring.com.
