Stockholm, April 11, 2012

PocketMobile has been selected as a Finalist for Red Herring’s Top 100 Europe award, a prestigious list honoring the year’s most promising private technology ventures from the European business region.

The Red Herring editorial team selected PocketMobile as one of the most innovative companies from a pool of hundreds from across Europe. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.

”We are delighted to have been selected as a finalist for the Red Herring Top 100 Award” said Anders Tormod, CEO of PocketMobile. ”Mobility solutions and to manage mobility is on the top of almost every enterprise’s agenda, and we see an enormous increase in demand for mobility platforms, applications and services. Companies are investing in enterprise mobility applications to improve operational productivity and efficiency as well as to add value to their employees and customers. Being a nominee for the Red Herring Top 100 award further strengthens our position as the leading mobility platform provider in Europe.”

This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the ”buzz” and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.

"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. PocketMobile shows great promise therefore deserves to be among the Finalists.”

Finalists for the 2012 edition of the Red Herring 100 Europe award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. 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. The Top 100 winners will be announced at a special awards ceremony the evening of April 25.

 For further information, please contact

Anders Tormod, CEO, PocketMobile
E-mail: anders.tormod@pocketmobile.se  

Phone: +46 (0)73 347 86 37

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