- Award Recognizes "Most Promising" Companies Driving Future of Technology -
LOS ALTOS, Calif.- April 28, 2008 —Guardian Analytics, Inc., an online fraud prevention solution provider, today announced that the company was selected as a finalist for the Red Herring 100, a selection of the 100 most innovative private technology companies based in North America. The Red Herring editorial board diligently surveyed the entrepreneurial scene throughout the North American region and identified the top 200 out of more than 800 closely evaluated companies that are leading the next wave of innovation. Previous winners include now marquee brands such as Google, Yahoo!, Skype and Salesforce.com.
"We can see the exciting evolution of the technology sector reflected in the quality and variety of exceptional companies we had to choose from in putting our list together," said Joel Dreyfuss, editor-in-chief, Red Herring. "It was tough to choose just 200 finalists from such a large list of strong contenders. In the end, we felt the quality of the companies selected as finalists represent the best the Red Herring 100 has seen to date."
Guardian Analytics' flagship product, FraudMAPT helps financial institutions protect and ensure trust in their online channels. The solution's fraud detection, forensics and risk monitoring is built on strong analytics and predictive models of individual behavior.
"Online fraud is a continually evolving and growing problem for financial institutions," said Tom Miltonberger, president and CEO, Guardian Analytics. "We're proud that Red Herring's editorial staff has recognized us as 'innovative' and 'promising'."
The 100 winning companies will be announced at the Red Herring North America event to be held from May 12th-14th, 2008 at the Fairmont Hotel in San Jose, Calif. During the conference, CEOs of RH 100 companies will be presenting their innovative ideas and technologies to an audience of entrepreneurs, financiers and corporate strategists.
Miltonberger will present on behalf of Guardian Analytics on Tuesday, May 13 at 3:30 p.m. Register online at: http://herringevents.com/northamerica08/index.html.
About Red Herring
Red Herring is a global media company which unites the world's best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available on the Internet at www.redherring.com.
About Guardian Analytics
Headquartered in Los Altos, Calif., Guardian Analytics is focused on the prevention of online account fraud. The company's real-time risk management approach to fraud detection, forensics and risk monitoring is built on strong analytics and predictive models of individual behavior. Leading financial services institutions rely on Guardian Analytics to protect individual account assets and the integrity of their online channels. Founded in 2005, Guardian Analytics is privately held with venture funding from Foundation Capital. For more information, please visit www.guardiananalytics.com.
For press inquiries, please contact:
Shannon Walsh
Bateman Group
for Guardian Analytics guardian@bateman-group.com
415-503-1818, ext. 27