Gabriel News
Tejas Networks named a Red Herring 100 Asia Company
Award recognizes 100 private companies in Asia that drive the technology industry's future
Bangalore, September 1, 2005 - Tejas Networks, a leader in next-generation optical networking products, announced today that it has been named as one of the Red Herring 100 Private Companies of Asia.
"We are delighted to be selected amongst the winners of Red Herring 100 Asia. This is a great recognition for Tejas Networks, which is one of the first technology product companies from India. This award re-affirms our execution strategy of achieving significant success in a highly competitive Indian telecom market and then taking our packet-aware optical transport products to international markets," said Sanjay Nayak, CEO & Managing Director, Tejas Networks India Limited.
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 companies will be presenting their business model and strategy at the Red Herring 100 Asia Conference. The conference will take place September 5-7 at the Shangri-La Hotel in Shanghai, China.
About Tejas Networks
Tejas Networks is the emerging leader in India building next generation optical networking products for the global market. Tapping into the exploding need to deploy broadband data services based on Ethernet while still supporting traditional voice services, Tejas pioneered the development of cost effective, software-differentiated, next generation SDH/SONET products that enable telecom carriers to converge traditional voice-based networks with the new data-dominated networks. With over 25 customers around the world using thousands of Tejas products in live carrier networks, Tejas continues to build on its mission of delivering state-of the-art, cost-effective products to the global market. Contact Tejas Networks at http://www.tejasnetworks.com
About Gabriel Venture Partners
Gabriel Venture Partners is a hands-on, cross-border venture capital firm with offices in Silicon Valley and India, managing over $260 Million. Gabriel’s investment team consists of seasoned technology entrepreneurs and industry executives, each with international operating experience and strong domain expertise. Gabriel’s unique cross-border capabilities across the US, India, and Asia-Pacific greatly enhances the effectiveness of companies in need of resources and customers within these regions. Gabriel actively partners with entrepreneurs to build the market leaders of tomorrow in technology and technology-enabled businesses. Representative investments include Placeware (acquired by Microsoft), NetScaler (acquired by Citrix), and Iridigm (acquired by Qualcomm), as well as direct India investment including Allsec (IPO), IL&FS Investsmart (IPO), Provogue (IPO), Persistent Systems and Tejas Networks. For more information, please visit: http://www.GabrielVP.com
Media Contacts:
Gabriel Venture Partners
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