MUSCAT — Bahwan CyberTek (BCT), the leading products and services company, has announced that the company has been named one of Red Herring 100 private technology companies in Asia.

Red Herring's editorial staff rigorously evaluated more than 500 private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development for selecting the 100 private companies in Asia.

BCT was selected based on the strength of its innovative product, Cuecent BPMS, which has the potential to revolutionise the business integration and process management capabilities of enterprises. Cuecent BPMS enables companies to flexibly innovate basic business operations by lowering cost of software development that automates daily actions.

"It's a momentous occasion for all of us at Bahwan CyberTek. It has been our resolve to develop a product that would revolutionise the digital era. The listing in Red Herring will certainly provide the much required impetus, both within and outside the organisation, as it is an endorsement of our innovation. More importantly, this is also a recognition of Bahwan CyberTek's performance and potential as a company," commented Durgaprasad, CEO, Bahwan CyberTek.

"Getting selected for the Red Herring Asia 100 list is quite an achievement," said Red Herring editor-in-chief Joel Dreyfuss. We had many strong entries, a reflection of the depth of entrepreneurship that has taken hold in Asia."

Red Herring's lists of private companies are an important part of the magazine's tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google and eBay were spotted in their early days by Red Herring editors as those that would change the way we live and work.

Red Herring 100 Asia Conference is an invitation-only event for CEOs, select senior executives, and venture capitalists. Red Herring 100 Asia will bring together executives from mostly private companies. These executives will be joined by senior executives from public companies and venture capitalists.

Red Herring is the weekly magazine technology entrepreneurs, investors and industry observers read to stay ahead of the curve and to be better informed about the global marketplace. Red Herring covers technology, innovation, financial strategies, important personalities and trends that are transforming the world of business with unique insight, opinion and forward-looking analysis. Readers turn to Red Herring for knowledge to make strategic decisions, build companies and create a competitive advantage for their businesses. Red Herring articles, blogs, research and event information can be found online at.

Bahwan CyberTek (BCT), established in 1999 is a leading IT products and services company. BCT provides state-of-the-art solutions to its customers covering package implementation in the ERP and SCM space, customised software development, system integration, migration and customisation, training, professional services and end-to-end networking solutions using near-shore and offshore models.

The company has offices in Oman, the UAE, India and the US and has a total strength of 500 people. BCT's offshore development centre in Chennai, India is assessed at CMM Level 4. Today, with an established track record and demonstrated success, BCT' has customers from diverse industries encompassing banking and financial institutions, governments, manufacturing and trading organisations spanning Oman, the UAE, India and the US.

The company has within a short span of time build IP driven products through focused R&D initiatives. The company's innovative product, Cuecent BPMS has the potential to revolutionise the business integration and process management capabilities of enterprises.