News / Business
Weather Trends International WINNER for the 2010 Red Herring 100 Global Award
Weather Trends International announced today it has won the 2010 Red Herring Global 100 Award, a prestigious list honoring the year’s most promising private technology ventures from around the world.
Red Herring announced its Global 100 award WINNERS last week in Laguna Niguel to recognize the leading private companies from North America, Europe, and Asia, celebrating these startups’ innovations and technologies across their respective industries. “We are thrilled to win our 7th prestigious business/technology award in the past year and 2nd international award” said Jack Grum, EVP and co-founder of Weather Trends International. “Everyone here at WTI has a contagious passion for what we’re accomplishing and that’s manifested in the fact that clients renew year-after-year at an amazing 97% retention rate – so hat’s off to our loyal customers who made this award possible,” added Grum.
Red Herring’s Global 100 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 Google, Yahoo, Skype, Netscape, Salesforce.com, YouTube, and eBay would change the way we live and work.
“Choosing the best out of the previous three years was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed down our list from 1,200 potential companies to 200 finalists. Trying to get it down to 100 companies was a task upon itself. The top 100 companies who were chosen should be extremely proud, the competition was difficult.”
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.
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PRESS CONTACTS:
Bill Kirk, CEO & Co-Founder Weather Trends International
(O) 610-807-3585 (C) 484-903-6887
Anam Alpenia, Director Red Herring
(O) 650 428 2900 x 411
About Weather Trends International: The global leader of actionable year-ahead business weather guidance for retailers, manufacturers, pharmaceutical companies, agricultural firms, financial equity and commodity analysts. Clients include some of the world’s most respected and successful companies like Wal-Mart, ASDA, Target, Kohl’s, AutoZone, Sherwin-Williams, Anheuser-Busch, Johnson & Johnson, 3M, SC Johnson, JP Morgan, Agway, Hershey’s and over a hundred fifty others. Its business centric weather solutions and understanding of how consumers respond to the weather is used throughout organizations to help "manage the weather risk”. Utilizing technology first developed in the early 1990s, Weather Trends International’s unique statistical math based trade secret formula forecasting methodology projects temperature, precipitation and snowfall trends by day and week a year-ahead for 720,000 locations across the globe (all 195 countries) with an industry leading 75% to 95% accuracy. WTI is recipient of 6 business/technology awards this year: 2009 winner of the Red Herring North America technology award, 2009 winner of the American Business Award for Most Innovative Company of the Year, International Business Award for Most Innovative Company of the Year in North America and Forbes #5 Most Promising Company of the year. Offices in Bethlehem, PA, and Bentonville, AR. Visit http://www.wxtrends.com/ or http://www.myskeye.com/ for more information.
About Red Herring: Red Herring is a global media company uniting the world's best high-technology innovators, venture investors, and business decision-makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters, and major events for technology leaders around the globe. Red Herring provides an insider's view of the global innovation ecosystem, featuring unparalleled insights on the emerging technologies driving the economy.
