News

Aperto Networks Named a Red Herring 100 Winner

Award Recognizes the 100 Private Technology Firms in North America Driving the Future of Technology  

Milpitas, Calif., (May 23, 2006) – Aperto Networks today announced that it has been selected as a winner of the annual “Red Herring 100 North America” award by Red Herring magazine. This list of 100 privately held companies in North America recognizes those that play a leading role in innovating the technology business. To view the full list, please visit www.redherring.com.  

As one of the winners, Dr. Reza Ahy, Founder and Chairman of Aperto Networks, will present the company at the exclusive Red Herring Spring 2006 CEO summit, May 23-25 in Monterey, California, where a select group of 300 technology entrepreneurs, investors, and corporate developers will gather to be the first to meet this next wave of disruptive technology companies.  

Disruptive technologies and business plans
“With venture capital flowing again, we’re seeing a lot of innovative new companies taking on the established players with disruptive technologies and innovative business plans,” said Joel Dreyfuss, Editor-in-Chief of Red Herring. “The Red Herring 100 North America companies, among them Aperto Networks, are pushing and breaking the boundaries of the technology business and we are excited to report on their success stories.”  

“We are delighted to have been named a Red Herring 100 winner,” said Dr. Reza Ahy, Founder and Chairman of Aperto Networks. “It is edifying to see the editors of Red Herring acknowledge Aperto’s innovative leadership in the WiMAX space. WiMAX is on the threshold of a very strong market uptake and Aperto is well positioned to help the world’s leading carriers fully realize the awesome rewards in deploying and capitalizing on this innovative technology.”  

More than just buzz
Red Herring’s
lists of top private companies are an important part of the renowned magazine’s tradition of identifying new and innovative technology firms and entrepreneurs. Companies like Google and eBay were spotted in their early days by Red Herring editors as some that would change the way we live and work.  

After receiving more than 1,000 submissions and nominations, Red Herring’s editorial staff rigorously evaluated Aperto Networks and the other contenders through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development. The Red Herring 100 North America companies are at the forefront of the technologies that are changing our lives in profound ways.  

Honoring the best
To honor the Red Herring 100 companies, Red Herring has invited their CEOs and founders to present at its Red Herring Spring 2006 conference, a forum for technology’s most exciting companies, and to share their insights on the future of innovation and the entrepreneurial journey. Scheduled to take place at the Hyatt Regency Hotel in Monterey, this intimate, invitation-only conference will explore “The Pursuit of Disruption” and how it spawns unexpected opportunities, novel alliances, and great success stories.  

About Aperto Networks

Aperto Networks helps leading service providers deliver affordable wireless voice and broadband profitably by building the world’s most advanced WiMAX base stations and subscriber units. Aperto fundamentally changes the economics of delivering voice and broadband services through IP-rich, point-to-point and point-to-multipoint networks, allowing carriers to offer a wider variety of services to more customers using less equipment. Its carrier-class WiMAX technology offers industry-leading subscriber density, quality of service, ease of use and reliability. Aperto is a founding board member of the WiMAX Forum as well as a founder and lead contributor to IEEE 802.16 and the ETSI-BRAN standards. Serving more than 200 customers in 65 countries, Aperto Networks is based in Milpitas, California. For more information on Aperto Networks, go to www.apertonet.com.  

About Red Herring Spring 2006

Red Herring Spring 2006 will assemble 300 of the continent’s most innovative and successful CEOs, investors, and corporate developers and feature a dynamic group of over 100 speakers that are pushing and breaking the boundaries of the business of technology. Themed “The Pursuit of Disruption,” it will be held May 23-25 in Monterey, California. Please contact Michael Felber at 650.428.2900 or email mfelber@redherring.com to request an invitation to attend the event. More information is available online at www.herringevents.com/rhspring06.  

About Red Herring Magazine

Red Herring magazine is a sophisticated insider’s guide to the business of technology, featuring unparalleled insights on the emerging technologies driving the economy, from the Internet to wireless communications and digital entertainment. Red Herring’s journalists report on how innovation and entrepreneurship are transforming business and how the business of technology is transforming the world, providing readers with a deep understanding of venture capital and capital markets. Recognized as an essential resource in today’s fast-changing business world, Red Herring gets the right answers before anyone else even thinks to ask the questions. More information on Red Herring is available on the Internet at www.redherring.com.  

Aperto Networks contact: David Benton, dbenton@apertonet.com
Red Herring Spring contact: Michael Felber, mfelber@redherring.com
Media Relations contact: Xenia von Wedel, xenia@terpin.com