Memory company receives award

Innovative Silicon (ISi) has received the Red Herring 100 Europe 2007 award, which recognises Europe's 100 "most promising" companies driving the future of technology.

Innovative Silicon (ISi) has received the Red Herring 100 Europe 2007 award, which recognises Europe's 100 "most promising" companies driving the future of technology.

"We are very pleased to be honoured by Red Herring for this award", said Mark-Eric Jones, CEO of Innovative Silicon.

"This recognition further endorses our strong team, the contribution of our technology in driving down the cost of semiconductor memories and validation that ISI is delivering breakthrough ultra-high-density memory IP that meets the needs of today's global chip makers".

"This year's impressive list of winners demonstrates Europe's emergence as a major player in the global technology sector", said Red Herring Editor-in-Chief, Joel Dreyfuss.

"The exceptional accomplishments of European technology companies and entrepreneurs are a testament to the rapid advancements being made in the European innovation ecosystem".

The Red Herring editorial board has surveyed the entrepreneurial scene throughout the EMEA region (Europe, Middle East and Africa) and selected 100 companies that are leading the next wave of innovation.

The CEOs and founders of these companies will present their winning technologies to an audience of leading entrepreneurs, financiers and corporate strategists at VME 2007.

The winners were celebrated at the Red Herring Venture Market Europe (VME) event, which was held in Cannes on 25th-27th March, 2007 at the Intercontinental Carlton.

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