Orb Networks Named One Of 200 Finalists For Red Herring 100 Annual Listing Of Innovative Private Companies
Emeryville, Calif., April 13, 2005 - Orb Networks, Inc., a developer of streaming media software and services, today announced that it has been named one of the two hundred Finalists for the Red Herring 100 Private Companies of North America award program. Over nine hundred nominations were submitted for consideration. The Red Herring 100 Winners will be unveiled at the Red Herring Spring 2005 conference, May 17-19, 2005 in Monterey, CA.
The two hundred Finalists will be evaluated to determine the Red Herring 100 that embody innovation, technology, and strategy. The Red Herring editorial team has completed a thorough analysis of business model, competitive advantage, alliances, customers, and technology for each company.
There were many strong candidates for the Red Herring 100 list this year, so making it onto the list is quite an achievement, said Joel Dreyfuss, Editor-in-chief of Red Herring. In the post-bubble era, North American technology companies have focused on making sure management is strong and that the business model makes sense.
Orb Networks is in the middle of a mobile media revolution and we're thrilled that Red Herring has recognized our efforts by selecting us as a finalist for the prestigious Top 100 Private Companies award, said James Behrens, CEO, Orb Networks. Our management team has done a tremendous job in, not only developing the technology, but forming the strategic business relationships that will continue to drive Orb forward and bring our streaming media service to the entire world.
Orb's software and service gives consumers the ability to spontaneously access their live TV, music, photos, videos, and other digital content located on their home PC from virtually any Internet-enabled device, from anywhere in the world. Orb's intuitive solution simply streams a consumer's own content from their home PC to the Web browser and player on a cell phone, PDA, or notebook, creating their own personal media portal. Orb Media is completely free and available to download now at www.orb.com.
Companies selected to the Red Herring 100 award program will present their business model and technology at the Red Herring Spring 2005 conference, an invitation-only gathering for CEOs, venture capitalists, and select senior executives. A complete overview and agenda can be found at http://www.redherring.com/rhspring05.
About Red Herring
Red Herring covers technology innovation, venture financing, and the deals that make a difference. Its award-winning journalists go deeper, providing a comprehensive, critical analysis of what's new and why it matters. Red Herring covers the business trends with insight that counts, serving today's entrepreneurs and the technology of tomorrow. Head to www.RedHerring.com for articles, newsletters, and research reports that matter. To subscribe to the Red Herring Magazine call 866.311.9582 or email redherring@neodata.com.
About Orb Networks, Inc.
Orb Networks is the first developer of streaming media software and services giving people free spontaneous access to digital home media -- any kind, at any time, from any location in the world. The groundbreaking Orb Architecture allows users to access music, live television, videos, photos and other digital content from any device that can connect to the Internet, such as a cell phone, PDA, or notebook. Orb Networks develops, licenses and markets its services in partnership with leading content providers/creators, wireless carriers, electronic distributors and consumer electronic companies. As an active participant in the issues affecting digital media, Orb Networks is a member of the Digital Living Network Alliance (DLNA). Orb Networks is a privately held company located in Emeryville, Calif. For more information about Orb Networks, please visit http://www.orb.com.
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