Unipier Ltd., Safend Ltd., and GI View Ltd. are the winners of the joint "Red Herring" and Israel Venture Association (IVA) most promising start-up awards. The three companies were chosen from the nine finalists in three categories: telecommunications and hardware; software and Internet; and medical device and biotechnology.
The other finalists included Altair Semiconductor Ltd., PowerID Ltd., Red Bend Software Ltd., Drive Diagnostics Ltd., Gamida Cell Ltd., and MGVS - MultiGene Vascular Systems Ltd.
At the award ceremony, IVA conference co-chairman Eli Barkat said, “The main focus of this year’s competition was to locate companies with the biggest chances of becoming large companies. The winning start-ups were chosen on the basis of innovative concept, long-term vision, achievements to date, and the quality of their management.
Red Herring chairman Alex Vieux said, “Israeli companies have again demonstrated that they can compete in the global market. They are prominent not only in innovation and in the development of intellectual capital, but also in their business model and performance. This is a good sign for the next generation of entrepreneurs.”
Published by Globes [online], Israel business news - www.globes.co.il - on June 11, 2007
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