INTERCONNECTS

ASSIA announced that it has won the Red Herring 100 Global award for 2011, a prestigious recognition honoring the world's most audacious and far-reaching private technology companies and entrepreneurs for 2011.

Red Herring's editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector peers, allowing Red Herring to see past the "buzz" and make the list an invaluable instrument of discovery and advocacy for the greatest business opportunities from around the world.

"Choosing the best out of the previous two years was by no means a small feat," said Alex Vieux, Chairman of Red Herring. "After rigorous contemplation and discussion, we narrowed down our list from 1,100 potential companies to 100 winners. It was an extremely difficult process. ASSIA should be extremely proud of its achievement; the competition for the Top 100 was fierce. The Top 100 Global are truly the best of the best."

"The prestigious Red Herring Global 100 Award is the culmination of a banner year for ASSIA, as the company continues to make significant advances in bringing high-speed DSL to customers worldwide," said Dr. John Cioffi, ASSIA's CEO and chairman. "ASSIA's ability to deliver exciting new solutions that improve DSL networks' performance and profitability means service providers can offer their customers affordable broadband access that delivers the very latest services."

The winners were announced at a special awards ceremony on December 7 at the Red Herring Global Forum in Los Angeles, based on finalists' presentations of their winning strategies.