Fusion Optix selected as winner for the Red Herring 2012 Top 100 Americas Tech Startup Award
Date Announced: 24 May 2012
BOSTON, MA – Fusion Optix (www.fusionoptix.com) a leader in energy efficient lighting and optical technologies announced today it has been selected as one of the winners of the Red Herring's 2012 Top 100 Americas Tech Startup Award. Red Herring announced the award at a gala event in Santa Monica in recognition of the leading private companies throughout the region, and celebrated these startups' innovation and technologies across their respective industries.
Red Herring’s Top 100 Americas 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 the Americas to the Top 100 Winners. We believe Fusion Optix embodies the vision, drive and innovation that define a successful entrepreneurial venture. Fusion Optix should be proud of its accomplishment, as the competition was very strong.”
"We are honored to be recognized for our commitment to innovation and to be selected as a Red Herring Top 100 Americas Tech Startup Award Winner," said Fusion Optix CEO Dr. Terence Yeo "Fusion Optix is experiencing very strong growth and has now served 33 countries worldwide. We are accelerating the commercialization of our ground breaking technologies, which we have protected with more than 80 patent applications. We are very fortunate to have received the support of major OEMs – names? early in our growth cycle and I would like to thank them and our exceptional team. Our focus is to continue help improve the efficiency of lighting systems the world over and drive the commercialization of exciting new products and technologies."
About Red Herring Top 100 Americas Tech Startup Award 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 Americas.
About Fusion Optix Fusion Optix is an advanced lighting and optical technology company. We aim to help solve the world's energy problems and reduce global warming by eliminating energy wastage due to inefficient optical design, components and materials. We are also pioneering innovative architectures, materials and design approaches in advanced lighting markets using LEDs. Fusion Optix solutions provide new levels of performance and energy savings and as a result we count some of the world's leading companies as our customers. Fusion Optix is profitable and growing rapidly. The company was founded in 2003 and is privately held with investors that include Goldman Sachs and Prudence Capital. Visit our website (www.fusionoptix.com), our follow us on twitter (@fusionoptix).
Fusion Optix Press Contact
Michael Georgalis L.C.
+1 781 995 0805
Web Site: www.fusionoptix.com, twitter @fusionoptix