Wednesday, June 16, 2010

Mocapay is a Finalist for the 2010 Red Herring 100 North America Award

http://www.mocapay.com

DENVER--(BUSINESS WIRE)--Mocapay announced today it has been selected as a Finalist for Red Herring's North America 100 award, a prestigious list honoring the year’s most promising private technology ventures from the North American business region.
“We are honored to be selected as a finalist for this year’s Red Herring 100 North America Award”
The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across North America. Finalists for the 2010 edition of the Red Herring 100 North America award are selected on both quantitative and qualitative criteria 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, and clean tech industries sent in their submissions to qualify for the award.
“We are honored to be selected as a finalist for this year’s Red Herring 100 North America Award,” said Kevin Grieve, CEO, Mocapay. ”Mocapay is leading the way in mobile payments and mobile marketing with the only patented secure mobile solution in the industry and we are thrilled to be recognized by the Red Herring editorial team as one of North America’s most innovative companies.”
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 an invaluable instrument for discovering and advocating the greatest business opportunities in the industry.
"This year was especially difficult," said Alex Vieux, publisher and CEO of Red Herring. "Despite the global economic situation, there were many great companies producing really innovative and amazing products that we had a difficult time narrowing the pool and selecting the finalists. Mocapay shows great promise therefore deserves to be among the Finalists. Now we’re faced with the difficult task of selecting the Top 100 winners of Red Herring North America award. We know that this year’s crop will grow into some amazing companies that are sure to go far."
The Finalists are invited to present their winning strategies at the Red Herring North America Conference in San Diego, June 22-24, 2010. The Top 100 winners will be announced at a special awards ceremony on June 24 at the event.
About Red Herring
Red Herring is a global media company uniting 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. For more information visit http://www.redherring.com.
About Mocapay
Mocapay is a mobile experience platform for innovative merchants that offers an integrated marketing and sales solution to enhance the lifetime value of a customer. The platform addresses these merchants' need for a new channel that will broaden their loyalty and gift programs by mobilizing sales and marketing to reach customers anytime, not just at the point of sale, encourage purchases and build a stronger brand affinity. Based in Denver, Mocapay is a privately held, venture funded company founded in 2006. For more information visit http://www.mocapay.com.

Contacts

104 West Partners

Johanna Erickson

720.341.4618

Johanna . Erickson@104west .com
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