Ideaken.com Is A Finalist For The 2010 Red Herring 100 Asia Award

Singapore (I-Newswire) October 27, 2010 - ideaken.com announced today it has been selected as a Finalist for Red Herring's top 100 Asia award, a prestigious list honoring the year’s most promising private technology ventures from the Asia business region.

The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Asia. 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. ideaken.com shows great promise therefore deserves to be among the Finalists. Now we’re faced with the difficult task of selecting the Winners of the Top 100 Asia Award.

Finalists for the award are 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 mobile, security, Web 2.0, software, hardware, biotech, and clean tech industries sent in their submissions to qualify for the award.

The Finalists are invited to present their winning strategies at the Red Herring Asia forum in Shanghai, November 15-16, 2010. The Top 100 winners will be announced at a special awards ceremony on November 16 at the event.

About ideaken Pte. Ltd.:
ideaken addresses a CEO level priority of getting innovation done using an online platform for open innovation and co-creation. ideaken was founded in 2009 with an intent to connect innovation seekers and innovation solvers from around the world, with a special focus on Asia and India. ideaken boasts of many firsts, like novel self service web offering and use of Business Intelligence technologies to locate the right innovator and invention for the given need. ideaken also offers a white labelled portal for exclusive use within an enterprise for employee co-creation and innovation management. ideaken offers highest security, user centric design, and features which makes innovation seeking, innovation solving and innovation evaluation much easier and enjoyable. ideaken is led by a group of professionals with strong personal interest around collaborative innovation, science and technology, and product development. ideaken operates from India and Singapore with the help of our partners across the globe. Collaborate to innovate concept video and ideaken product demo could be viewed at http://www.ideaken.com/demo. For more information on ideaken please visit http://www.ideaken.com or contact Jayesh at +91-984-402-2520 or write to jayesh dot badani at ideaken dot com

Company Contact Information
ideaken Pte. Ltd.
Jayesh Badani
20 Cecil Street, #14-01
Equity Plaza, Singapore
049705
Phone : +91-984-402-2520