GENWI Is a Finalist for the 2012 Red Herring Top 100 Americas Award

LOS ALTOS, CA--(Marketwire - May 10, 2012) - GENWI, the leader in cloud publishing, today announced that it has been selected as a Finalist for Red Herring's Top 100 Americas award, a prestigious list honoring the year's most promising private technology ventures from the North American business region.

The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across North America. 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 a valuable instrument for discovering and advocating the greatest business opportunities in the industry.

"This year was very rewarding," said Alex Vieux, publisher and Chairman of Red Herring. "There are so many great companies producing truly innovative and amazing products and technologies. We had a very difficult time narrowing the field and selecting the Finalists from such a group of future stars. GENWI shows great promise therefore deserves to be on the short list. Now we are faced with the difficult task of selecting the Top 100 winners."

"We are incredibly honored to have been selected as a finalist for the Red Herring 100 Americas award," said PJ Gurumohan, Co-Founder and CEO of GENWI. "We are revolutionizing the way content publishers create engaging mobile experiences to more effectively reach their audiences and this recognition is a powerful validation of our growing business and strategic vision."

Finalists for the 2012 edition of the Red Herring 100 Americas 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, security, Web 2.0, software, hardware, life sciences, cloud, mobile and other sectors completed their submissions to qualify for the award.

The Finalists are asked to present their winning strategies at the Red Herring Americas Forum in Santa Monica, California, May 21-23, 2012. The Top 100 winners will be announced at a special awards ceremony the evening of May 23 at the event.

About GENWI
GENWI (Generation Wireless) helps content publishers to create engaging apps with a revolutionary cloud-based mobile content management system. The GENWI mobile Content Management System (mCMS™) gives publishers a quick and easy way to repurpose their content to create engaging apps once and then deliver native and HTML5 apps to multiple devices. The GENWI mCMS also includes distribution and monetization features and fully-integrated mobile analytics. Today, there are over 1,500 apps powered by GENWI including those from Conde' Nast, Moguldom Media, IndiaTimes, Forbes, and PBS Kids.

Founded in 2010, GENWI is a privately held firm based in Los Altos, CA with offices in New York City and Bangalore, India. For more information, please visit http://genwi.com or follow us on Twitter @genwi.