Airbiquity Named Winner Of The 2013 Red Herring Top 100 North America Award

SEATTLE--May 29, 2013:  Airbiquity, Inc., a global leader in connected vehicle services, today announced it has received Red Herring's Top 100 North America award, honoring the year's most promising private technology companies in America. The Red Herring Top 100 list is one of the most prestigious awards given to exciting start-up companies who are driving technology in their respective industry. Airbiquity is a leader in connected vehicle services providing automakers with turnkey solutions that enhance the mobile integration experience for drivers. They have relationships with many key automakers and suppliers in the auto industry including: GM On-Star, BMW, Ford, Toyota, Nissan, Renault, Bosch, Hitachi, Sprint, Vodafone, Telenor Connexion, China Unicom and more.

"We are honored to receive the coveted Red Herring Top 100 North America award as Airbiquity is dedicated to changing the way drivers connect with their cars and the outside world," said Kamyar Moinzadeh, President and Chief Executive Officer, Airbiquity. "Our technology is driving the way automakers integrate telematics into their vehicles and we are thrilled to be recognized among start-ups within the tech industry."  

Red Herring selects 100 top entrepreneurs and promising companies among the 3000 tech startups financed each year in the US and Canada. The winning companies were selected based on a wide variety of criteria including technological innovation, management strength, customer acquisition and financial health. During the several months leading up to the announcement, around 1,400 companies in the fields of security, Web 2.0, software, hardware, life sciences, cloud, mobile and others completed their submissions to qualify for the award.

About Red Herring
Red Herring has been selecting the most exciting and promising start-ups and "scale ups" since 1996 based on market penetration, intellectual property, financial performance, business model, management expertise and other key factors. Award winners are identified through an evaluation process that begins with rigorous scoring of the candidate's submission, and progresses to one-on-one interviews plus a due-diligence follow up for finalists.

Airbiquity is at the forefront of change in the connected vehicle and telematics industries, integrating advances in software, communications technology, and wireless services with vehicles. Its connected vehicle solutions offer automakers a flexible platform for delivering innovative cloud-based and smartphone applications and services that help automobiles adapt to the driver's digital lifestyle.