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FiberZone Networks Wins Red Herring Top-100 North America Award

/ Source: GlobeNewswire

WASHINGTON, June 20, 2011 (GLOBE NEWSWIRE) -- FiberZone Networks, the leading provider of Automated Fiber Management (AFM) solutions for datacenters and networks, announced today it won the prestigious Red Herring Top-100 North America award. The award recognizes private companies that have introduced innovative technologies and ideas in their respective industries.

FiberZone's AFM has been deployed in major co-location and interconnection Internet hubs in the U.S. and abroad. It automates the last manually-operated element in datacenters and networks – physical fiber connectivity. FiberZone's automation solution curbs operational expenditures, and facilitates new innovative service offerings, enabling the transition to mission-critical cloud services.

Red Herring's editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector peers, allowing Red Herring to see past the "buzz" and make the list a valuable instrument of discovery and advocacy for the most promising new business models in North America.

"Choosing the companies with the strongest potential was by no means a small feat," said Alex Vieux, publisher and CEO of Red Herring. "After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the Top 100 Winners. We believe FiberZone Networks embodies the vision, drive and innovation that define a successful entrepreneurial venture. FiberZone should be proud of its accomplishment, as the competition was very strong."

"FiberZone is honored to have won the Red Herring Top-100 award", said Yosi Lahad, FiberZone's CEO. "This is further validation to the strong demand we see for our products in a fast growing market. We are proud to be in the company of some of the best and brightest innovators in the technology industry" he added.

About FiberZone Networks

FiberZone Networks delivers remote fiber connectivity solutions to datacenters and networks with its Automatic Fiber Management (AFM) product line, delivering reliability, flexibility, fault tolerance and management to the fiber infrastructure. FiberZone's AFM significantly increases network reliability and availability, reduces operating costs, minimizes network faults and human errors, and prevents revenue losses & SLA (Service Level Agreement) penalties. FiberZone's AFM product line utilizes patent-pending Latched Optical Coupling (LOCTM) technology that delivers reliable passive connectivity in a remotely-managed automated fiber management system. FiberZone's AFM product line has been deployed by leading datacenter and network operators in the U.S., Asia, and Europe.

CONTACT: FiberZone Networks Sales Contacts The Americas Jim Lang +1-989-883-9262 Asia and Europe Offer Herman +972-74-733-2246