Nanoradio AB Awarded Red Herring Top 100 Global Company

Nanoradio AB, today announced that it has been awarded as one of the Red Herring Top 100 Global Companies. Red Herring Top 100 Global Companies are chosen from winners and finalists of the previous North America, Europe and Asia Red Herring Top 100 Companies.

Winning and finalist companies from the previous three years were eligible for this outstanding award. Out of 1,800 successful and highly eligible companies, the Red Herring editorial team deployed a detailed process to drill-down the best companies first to 200 finalists, then to the top 100 winners of this global award.

Evaluations were made on both quantitative and qualitative criteria, such as financial performance, innovation, management, global strategy, and ecosystem integration. The announcement of the winners was made at the Red Herring 100 Global taking place in San Diego from January 14-16, 2009. Present among the finalists were elite executives and venture capital leaders from around the world.

"We were so pleased to announce Nanoradio AB as a Red Herring Top 100 Global Company," commented Red Herring publisher Alex Vieux. "Nanoradio AB has proven to be a company excelling in their industry and its ripples have turned into waves. It was difficult for us to narrow down, but we are pleased to have included Nanoradio AB in our list of promising companies. We look forward to the changes it make to its industry in the future."

"This means a lot for us, the award gives Nanoradio a significant recognition that we have now reached a top position and strengthens us in our daily work to continue provide world class WiFi solutions to Tier 1 Mobile Phone makers," says Tord Wingren, President & CEO of Nanoradio AB.

Nanoradio has made the the World's Smallest & Lowest Current Consumption WLAN solution that enables high speed internet in mobile phones and support the ongoing Global Fixed-Mobile Convergence market and has recently gained significant market attraction from leading mobile phone makers.

Nanoradio AB is a fabless semiconductor company which design complete wireless system solutions within the mobile connectivity area and has developed leading solutions which bring outstanding WLAN capabilities to mobile phones and consumer multimedia electronics. Nanoradio's Wi-Fi chips and system software target a range of applications, but focuses on mobile phones for which Nanoradio also have leading solutions for the growing fixed-mobile convergence market with dual-mode phones. Nanoradio has a team of +60 people with extensive experience from the cellular and wireless industry as well as semiconductor industry and start-ups. The head-quarter is in Kista, Sweden and with sales offices in Korea, Japan and USA. .

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