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“Technology companies are becoming the bright spot in the economic outlook based on their increasing role within macro-economic environments,” stated Alex Vieux, Chairman of Red Herring. “2013 has demonstrated the sector's vibrant activity and its contribution to the global economic recovery. An unprecedented number of entrepreneurs are jumping ahead of the competition and making a difference. Breakthroughs obsolete each other faster than ever before. Xstream is performing exceptionally in its field and strongly deserves to be singled out as one of the Red Herring Global Finalists. At this stage, we are left with the daunting task to select the best qualified companies for the 2013 Top 100 Global Award."
"We are very pleased and honored to have been selected by Red Herring as one of the finalist for the Red Herring Global. " said Frank Thorup, founder and CEO Xstream. “Red Herring has a track record of spotting game-changing, innovative companies, so we’re delighted to receive their recognition for our global growth and our end-to-end video management system, MediaMaker, enabling our customers to create, manage, monetize and deliver flexible and scalable OTT and TV Everywhere solutions.”The Finalists are invited to present their winning strategies at the Red Herring Global forum in Los Angeles, November 18-20 2013. Xstream will present on Wednesday November 20 at 6pm. The Top 100 winners will be announced at a special awards ceremony on November 20 at the event.