ReVolt Technology Ltd. wins Red Herring 100 Europe award
Award Recognizes the 100 “Most Promising” CompaniesDriving the Future of Technology
Malta,April 15, 2008 – Red Herring today announced that Revolt Technology, Ltd. is a recipient of the Red Herring 100 Europe, an award given to the top 100 private technology companies based in the EMEA (Europe, Middle East and Africa) region each year.
“This year’s impressive list of winners demonstrates Europe’s emergence as a major player in the global technology sector,” said Red Herring Editor-in-Chief, Joel Dreyfuss. “The exceptional accomplishments of European technology companies and entrepreneurs are a testament to the rapid advancements being made in building the European innovation ecosystem.”
Red Herring’s lists of top private companies are an important part of the company’s tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google, eBay and Skype were spotted in their early days by Red Herring editors, and touted as leaders that would change the way we live and work.
Red Herring’s editorial staff rigorously evaluated more than hundreds ofprivate companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development.
“We are delighted and honored to be awarded the status as one Europe’s top 100 emerging technology companies,” said James P. McDougall, CEO of Revolt Technology, Ltd. “Our world class team of investors, technologists and partners has earned ReVolt Technology this recognition and positioned the company to revolutionize the way consumer electronic devices will be powered in the future.”
About Red Herring
Red Herring is a global media company which unites the world’s best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider’s access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available on the Internet at www.redherring.com.
About ReVolt Technology, Ltd. (www.revolttechnology.com)
ReVolt Technology Ltd. is a technology company, which has developed a rechargeable zinc-air battery. ReVolt’s batteries may enable more high-power consumer devices and increase the lifetime of existing consumer devices significantly. The technology is a result of six years of intense research and development at SINTEF (the largest independent research institute in Scandinavia). Research on material combinations has solved issues historically related to the metal-air technology; power, lifetime and rechargeability.