Apertio Named as a Best Performing Private Tech Company of 2004
January 31 2005, Apertio today announces that it has been selected as one of the best-performing and innovative high-tech private companies of Europe and Israel in the fourth annual Tornado100 list.
"We are delighted that our efforts have been recognised by Tornado Insider in its ranking of the Top 100 start-ups in Europe and Israel." said Paul Magelli, CEO of Apertio. "The award acknowledges our uniqueness and further emphasizes our market leading position. Being a 2004 Tornado100 Winner will add to the growing prestige that the Apertio name holds."
Apertio, headquartered in Bristol, is the industry's first open mobility infrastructure company. Its management team has a wealth of experience and were principal architects and developers of the mobile infrastructure that now supports Europe's largest mobile networks.
Apertio's current generation of open mobility infrastructure is proven in the largest and fastest growing tier one networks across the world. The company was co-founded by Paul Magelli, Paul Donnelly, Mike Welbourne, Kevin Wakefield, and Wallace Ascham.
The 2004 Tornado100 list can be found on the website of Tornado Insider (www.tornado-insider.com), and includes a profile of Apertio and the other 99 most promising and innovative emerging companies in the European IT and biotech sectors.
"The companies Tornado Insider selected are Europe's technology stars,"said Niels Valkering, Tornado Insider's Head of Research. "Combining internal analysis with advice from industry specialists, we identified the elite of Europe's high-tech entrepreneurial vanguard, appreciating excellence both in innovative, commercial and financial performance. Watch these companies in 2005, as the technology they are commercializing today will change tomorrow's trends."
The selection of the 2004 Tornado100 Winners from thousands of candidates was judged according to the following criteria:
· Delivering an innovation that shows the promise to set new standards
· Creating a major new audience
· Supplying a key piece of the ICT infrastructure
· Commanding a significant customer base
· Having the potential to become a global brand or standard
· Influencing a major market
· Receiving a significant amount of funding
· Having a strong valuation for a lucrative exit
· Having a management with previous successful exit experience
The list was announced during the Tornado Insider/World Financial Symposiums T100 Leadership Forum. This event took place January 26th, 2005 in London and was a gathering of technology CEOs and CFOs eager to gain insights on how to lead their enterprise and their careers to more effective and positive outcomes.
Apertio is the industry's first open mobility infrastructure company. The company delivers a unique open subscriber-centric architecture, based on a real time common subscriber directory and a suite of mobility applications for the core mobile, fixed and converged network. Apertio is the clear leader with proven technology and boasts a rapidly expanding portfolio of the largest and fastest growing network operators in the world, including Orange and Vodafone.
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