Trondheim, Norway, April 26, 2012 - FXI announced today it is the recipient of the Red Herring Top 100 award. Given in recognition of leading private companies from Europe, the Top 100 celebrates technology innovations across their respective industries.
Red Herring’s Top 100 Europe 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.
“Internally, we believe that we’ve got a market changer on our hands,” said Borgar Ljosland, CEO and founder of FXI. “Being recognized by Red Herring, gives us confidence in our ability to make a mark in computer history.”
Seemingly unassuming because of its diminutive size, FXI’s Cotton Candy any screen computer packs all the processing power and entertainment features of your everyday smartphone, set-top gaming system, Ultrabook™, or tablet into a USB stick. And because it supports multiple operating systems, leverages the USB connection to add capabilities to existing notebooks, and adds smart features to “dumb” HDMI displays, Cotton Candy can provide a consistent, personal computing experience on any screen, wherever it travels.
“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 Europe to the Top 100 Winners. We believe FXI embodies the vision, drive and innovation that define a successful entrepreneurial venture. FXI should be proud of its accomplishment, as the competition was the strongest it has ever been.”
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 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 Europe.
About FXI FXI Technologies (www.fxitech.com) is a Norway-based hardware and software startup dedicated to making the world of digital screens smart and personal. FXI Technologies and Cotton Candy are trademarks or registered trademarks of FXI Technologies. All other trademarks or trade names are the property of their respective owners.