Capablue Selected as Finalist for the 2012 Red Herring Top 100 Europe Award

LONDON, April 12, 2012 /PRNewswire/ --

Capablue, the specialist in content and commerce solutions for multiple connected devices has been selected as a finalist for Red Herring's Top 100 Europe award, a prestigious list honoring the year's most promising private technology ventures from the European business region.

The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Europe. The nominees were evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.

This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the "buzz" and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.

"This year was very rewarding," said Alex Vieux, publisher and CEO of Red Herring. "The global economic situation has abated and there are many great companies producing really innovative and amazing products. We had a very difficult time narrowing the pool and selecting the finalists. Capablue shows great promise therefore deserves to be among the Finalists. Now we're faced with the difficult task of selecting the Top 100 winners of Red Herring Europe. We know that the 2012 crop will grow into some amazing companies that are sure to make an impact."

"It is great to be selected for the second year running as a finalist in Red Herring's Top 100 Europe award," said Tom Cape, CEO Capablue. "The Red Herring awards celebrate companies' unique innovations and performance over the past year and it's great to see that we have been recognised for our hard work and technological contributions to the Connected TV landscape."

Finalists for the 2012 edition of the Red Herring 100 Europe award were selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the several months leading up to the announcement, hundreds of companies in the telecommunications, security, Web 2.0, software, hardware, biotech, mobile and other industries completed their submissions to qualify for the award.

The Top 100 winners will be announced at a special awards ceremony the evening of April 25 at the Red Herring Europe Forum in Amsterdam, April 23-25, 2012

About Capablue

Capablue specialises in content and commerce solutions for multiple connected devices.  We help brands and broadcasters connect with consumers by removing the complexity of today's connected TV ecosystem.

We are helping define the emerging connected TV market. With an expected penetration rate of 270 million devices by 2015, this market is no longer just about apps, but about holistic content and commerce convergence.

In 2010 we launched Capablue Connected, a unique cloud-based platform enabling the distribution of content to multiple-connected devices including PCs, Smart TVs, Android and IOS mobile, tablets and games consoles. The platform integrates content, social media and commerce - developing new revenue opportunities for broadcasters and brands through exploiting the fact that TV is now connected to the internet.

Our Connected suite of products - Plus, Lite, Commerce and Companion - enables broadcasters and brands to enhance the value of their content by creating exciting new commercial solutions that exploit the fact that TV is now connected to the internet. 

Customers on the Connected platform include M&S TV, Playboy TV and DigiTop's Karaoke Superstar.

For further information please contact:
Tracey Milham
Platform PR
tracey@platformpr.com
+44(0)20-7486-4900