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Montreal - October 9, 2008: Nulogy Corporation was recognized by Red Herring as one of the most innovative and promising companies in Canada at the media company’s Canada 2008 conference.
“Nulogy has cracked the code on an important issue that many industrial and manufacturing companies have tried to solve,” said Alex Vieux, CEO of Red Herring. “This amazing team, albeit small, has borrowed a page from Salesforce.com's business model. We at the Red Herring view Nulogy as one of the most exciting start-ups of the year in North America.”
Nulogy was one of only five companies asked to meet a panel of American and Canadian venture capital firms. The innovative software-as-a-service company has since been invited to the Red Herring Global 100 Awards. Past winners of this award include such Internet superstars as Google, Yahoo!, Skype, Netscape, and YouTube, as well as Salesforce.com, one of the pioneers of the software-as-a-service market.
“We are thrilled to have received this validation of our business model and value proposition”, said Nulogy CEO Jason Tham. “We are also honored to be asked by Red Herring to be involved further in their events.”
Red Herring, a privately held media company out of Belmont, California, was founded in 1993 with the mission to cover innovation, technology, financing, and entrepreneurial activity. The Canada Top 50 event was held from September 15th to 17th in Mont Tremblant, Quebec. Nominees were rigidly evaluated with both quantitative and qualitative criteria, such as actual financial performance and execution of strategy.
Nulogy has already secured several industry recognitions for its accomplishments in supply-chain software, such as the Supply and Demand Chain Executive 100 in 2007. Its track record of customer satisfaction, solid revenue, and proven value proposition helped secure its position in the Canada Top 50.
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About Red Herring:
Red Herring is the international media company that operates Red Herring.com, a weekly magazine covering global technology, finance and entrepreneurial activity. The Canada Top 50 awards complement Red Herring’s other well-recognized lists, including the North America 100, Europe 100, and Global 100.
For more information on the Red Herring, please visit: http://www.redherring.com/
About Nulogy:
Nulogy, established in 2003, develops turnkey supply-chain management software for logistics and contract manufacturing companies in North America and Europe. Its flagship PackManagerTM software is the leading solution for contract packagers seeking real-time WMS, MRP, costing, quoting, and business intelligence. PackManager's special Customer Portal enables contract packagers to better collaborate with their customers by offering them order, production, and inventory visibility on the web.
For more information on Nulogy, please visit: http://www.nulogy.com/ |
