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Power Assure Honored as a Red Herring Top 100 North America Tech Startup


June 16, 2011 - SANTA CLARA, CA

Power Assure, Inc., a data center infrastructure and energy management solutions provider, today announced it has won the Red Herring Top 100 award in recognition of the leading private companies from North America, celebrating these startups' innovations and technologies across their respective industries.

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Red Herring's Top 100 North America list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.

"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 Power Assure embodies the vision, drive and innovation that define a successful entrepreneurial venture. Power Assure should be proud of its accomplishment, as the competition was very strong."

"We are extremely pleased to have been selected as a Red Herring Top 100 company," said Brad Wurtz, president and CEO, Power Assure. "It is a direct reflection of the value our Power Assure EM/4™ energy management software is providing customers as we work toward our vision of cutting in half the amount of power data centers consume while increasing their level of service. As all IT organizations move to provide more sophisticated services to their customers, our software simplifies data center operations by increasing utilization, reducing power costs, extending the useful life of the data center, and automating existing processes to improve reliability."

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.

About Power Assure (www.powerassure.com)
Power Assure is a leading developer of Energy Management software for large enterprises, government agencies, and managed service providers. Power Assure's solutions provide visibility, intelligence, analytics and automation to help CIOs, IT directors, and facilities managers optimize capacity, service levels, and power consumption within and across data centers. Headquartered in Santa Clara, CA, the company is privately held with funding from ABB Technology Ventures, Draper Fisher Jurvetson, Good Energies, Point Judith Capital, and a grant from the Department of Energy. Power Assure partners include ABB, Cisco, Dell, IBM, Intel, Raritan, UL and VMware.

Power Assure is a registered trademark of Power Assure, Inc. All product names and references remain the trademarks or registered trademarks of their respective owners.

Contact:
Beth Winkowski
Power Assure
Phone: 978-649-7189
Email: Email Contact

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