SILICON VALLEY, Calif., Dec. 15 Red Herring has announcedthat ProGenTech Limited was a winner of the Red Herring 100 Award, a selectionof the 100 most innovative private technology companies based in Asia.
The Red Herring editorial board diligently surveyed the entrepreneurialscene throughout Asia and identified the top 100 out of more than 1,000closely evaluated companies that are leading the next wave of innovation.
"It is truly an honor to be recognized by Red Herring as one of the topcompanies driving innovation in Asia and around the globe," said Dr. TrevorHawkins, CEO of ProGenTech Limited. "ProGenTech's offices near San Franciscoand Shanghai give us a unique ability to develop innovative and cost-effectiveproducts for the life science and molecular diagnostics markets. Developmentof our first fully-automated systems for sample preparation was driven byparticular attention to price and usability, and we are excited to get ourEntura Lite into the hands of our life science customers early next year."
"Our winners and Finalists demonstrate that Asia is increasingly becominga leader in innovation, contrary to common stereotypes," said Joel Dreyfuss,editor-in-chief of Red Herring. "It was tough to choose just the top 100finalists from such a large list of excellent contenders, and we are veryhappy with the quality of the companies we selected as finalists."
The 100 winning companies have been announced at the Red Herring Asiaevent in Hong Kong. The CEOs of the winning startups presented theirinnovative ideas and technologies to an audience of leading entrepreneurs,financiers, and corporate strategists at the event at the Hong Kong JWMarriott Hotel earlier this week. For the full list of Red Herring Asiawinners please go to: http://www.redherring.com
About ProGenTech Limited
ProGenTech Limited is a life science and molecular diagnostics companydeveloping instrumentation for nucleic acid and protein purification andmolecular diagnostic testing. The company was founded in 2005 and has officesin the San Francisco Bay Area and Shanghai. ProGenTech's first line of samplepurification instruments, the Entura product family, increase efficiency inthe lab through true walkway automation. These instruments are compatiblewith the company's unique cassettes, which allow users to isolate a variety ofnucleic acids and proteins from a variety of sample types. ProGenTech is alsodeveloping a series of molecular diagnostic assays and a fully-integratedinstrument for detecting hospital-acquired infection targets. Additionalinformation about ProGenTech can be found at http://www.progentech.com.
About Red Herring
Red Herring is a global media company, which unites the world's best hightechnology innovators, venture investors and business decision makers in avariety of forums: a leading innovation magazine, an online daily technologynews service, technology newsletters and major events for technology leadersaround the globe. Red Herring provides an insider's access to the globalinnovation economy, featuring unparalleled insights on the emergingtechnologies driving the economy. More information about Red Herring isavailable on the Internet at http://www.redherring.com.
SOURCE ProGenTech Limited