Durgaprasad CEO, BCT (left) and N. P. Menon COO, BCT (right) receiving the award from Alex Vieux, Chairman and CEO Red Herring

Award recognizes 100 private companies in Asia that drive the technology industry's future

Bahwan CyberTek, the leading products and services company has been named one of the Red Herring Top 100 Private Companies of Asia.

“It’s a momentous occasion for all of us at Bahwan CyberTek. It has been our resolve to develop a product that would revolutionize the digital era. The listing in Red Herring will certainly provide the much required impetus, both within and outside the organization, 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’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. Red Herring 100 Asia companiespresented their business model and strategy at the Red Herring 100 Asia Conference.

About Red Herring

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 www.redherring.com.