SunTec Wins the Prestigious 2009 Red Herring 100

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Businesswire India: Trivandrum, Nov 18 2009, 16:41 IST

SunTec, the leading provider of Relationship-based Pricing and Centralized Billing solutions, has entered the elite hall of fame of the prestigious Red Herring 100 Asia award winners. The honor is given every year to the most promising technology companies that are expected to lead the next wave of disruption and industry innovation.

SunTec CEO K Nandakumar received the coveted award at the Asia Red Herring 100 Conference held at Shanghai recently. Top executives from 200 companies, which were selected from about 1,500 contenders, had gathered at the event to showcase their innovative technologies and winning strategies before a selected audience of specialists in the trade. Subsequently, the Red Herring jury evaluated the nominations for qualitative and quantitative criteria, such as technology innovation, quality of management, execution of strategy and integration into the company’s ecosystem, and named SunTec among the top 100 companies in Asia-Pacific region. SunTec is now a strong contender for Red Herring Global 100.

Presenting the award, the CEO of Red Herring Alex Vieux said, “It has been a difficult year for most companies across the globe; yet Red Herring received a very impressive list of nominations from Asia-Pacific. Companies, which believe in constant innovation and consistent strategy, and invest in people and technology, could withstand these difficult times, and SunTec is one of them”.

“Throughout these years, SunTec has built an impressive client base, competing with giants in the transaction pricing and billing space. They will certainly outgrow the marketplace and become a formidable force in the future,” he added.

Accepting

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