Morphlabs Selected as a 2010 Red Herring Asia Top 100 Tech Company
Online, November 18, 2010 (Newswire.com) - Morphlabs, a leading provider of private and public cloud infrastructure announced today that it has been selected among Red Herring's Top 100 Asia Awardees. Last month, Red Herring Asia released its finalists, with Morphlabs among the 200 companies short-listed and 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.
In an event to honor the 2010 Red Herring Asia Finalists held at Shanghai, China last November 16, the Red Herring editorial team announced the final Top 100 Asian Tech Companies. Morphlabs remained to be the only Filipino company among the top 100.
"Choosing the companies with the strongest potential was by no means a small feat," said Alex Vieux, publisher and CEO of Red Herring. "After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Asia to the Top 100 Winners. We believe Morphlabs embodies the vision, drive and innovation that define a successful entrepreneurial venture. Morphlabs should be proud of its accomplishment, as the competition was very strong."
"It is with honor to represent the Philippines among the top 100 Asian tech companies", said Winston Damarillo, CEO of Morphlabs. "Our mCloud series, with mCloud Controller and mCloud On-Demand well accepted in the cloud computing industry, has proven that Philippine-based engineering seamlessly collaborating with a US-based R&D team can result in impactful innovation in mission critical deployments in global enterprises, managed service providers and data centers."
Morphlabs' global footprint started with innovation offices consisting of engineering and product development in Manila and Cebu, Philippines. Product Research and Marketing are ran from its California office. Last year it opened another Asian operations office in Tokyo, Japan. The company is also the third Red Herring awardee under the helm of Winston Damarillo. Previously, Exist Global won it in 2006, Simula Labs in 2007 and now Morphlabs in 2010.
Red Herring's Top 100 Asia list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
About Morphlabs
Morphlabs enables companies to make the most efficient use of IT resources, inside and outside the enterprise, through cloud computing. Morphlabs' mCloud™ is built on the principles of Enterprise Cloud Architecture (ECA) and delivers an integrated cloud stack for deploying, managing and monitoring enterprise class applications. mCloud simplifies the process of building and managing clouds for enterprise environments-empowering companies to create their own private or public cloud infrastructure.
Morphlabs has offices in California, Manila and Cebu in the Philippines and Tokyo. For more information, visit www.mor.ph or call 310-437-8001.