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18.05.2010

Pancomp nominated as a finalist for the 2010 Red Herring 100 Europe Award

PANCOMP International Ltd. is a Finalist for the 2010 Red Herring 100 Europe Award

  

Oulu, Finland – 17.05.2010 – Pancomp International Ltd. announced today it has been selected as a finalist for Red Herring's Europe 100 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 are 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 an invaluable instrument for discovering and advocating the greatest business opportunities in the industry.

 "This year was especially difficult," said Alex Vieux, publisher and CEO of Red Herring. "Despite the global economic situation, there were many great companies producing really innovative and amazing products that we had a difficult time narrowing the pool and selecting the finalists. Pancomp International Ltd. 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 award. We know that this year’s crop will grow into some amazing companies that are sure to go far."

 Pancomp is a leading company in providing solutions in mobile time & attendance and workforce management. Pancomp’s primary market sectors are the contract cleaning and manned security businesses around Europe and the World. Pancomp Sales Director Ilkka Manner praises Pancomp’s achievements in Europe: We are the fastest growing mobile time & attendance solution provider on the market. According to our clients Pancomp differs from its competitors: “Pancomp’s solutions work and are the most reliable and easy-to-use mobile Time & Attendance Systems available!”

Red Herring’s nomination of Pancomp as a finalist is recognition for the hard work our people have been doing around Europe. That’s what makes us so flourishing.