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Star Analytics Selected as a Finalist for Red Herring 100 North America Award

Apr 11, 2008 - 6:36:01 AM

News Source MARKET WIRE

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SAN MATEO, CA -- (MARKET WIRE) -- 04/11/08 -- Star Analytics, a leading provider ofenterprise software to unify and share information across financialanalysis applications, has been selected by the editors of Red Herring as afinalist for the Red Herring 100 for 2008.

According to its website, "the Red Herring 100 lists have become aninvaluable instrument to discover and advocate for the promising startupsthat will lead the next wave of disruption and innovation." Over 800companies were evaluated based on financial performance, technologyinnovation, quality of management, execution of strategy, and integrationinto their ecosystem.

"As evidenced by past winners such as Google, Salesforce.com and YouTube,the editors of Red Herring have a knack for spotting innovative technologystartups that transform the landscape," said Trevor Hughes, President & CEOof Star Analytics. "This recognition reflects the momentum that's buildingaround our unique approach to break the financial information logjam. Ourcustomers credit Star Integration Server with unifying vital financialinformation and processes and providing users across the enterprise withtimely insights. As a result, these customers can reinvest significantsavings and redeploy skilled IT and Finance resources to higher-valueactivities."

"We can see the exciting evolution of the technology sector reflected inthe quality and variety of exceptional companies that we had to choose fromin putting our list together," said Joel Dreyfuss, editor-in-chief of RedHerring. "It was tough to choose just 200 finalists from such a large listof excellent contenders, and we are very happy with the quality of thecompanies we selected as finalists."

Earlier this year, Star Analytics was also selected by Microsoft to jointhe Microsoft Startup Accelerator Program.

For information on the Red Herring North America award ceremony scheduledfor May 12-14 in San Jose, CA, visithttp://herringevents.com/northamerica08/redherring100.html.

About Star Analytics

Star Analytics, Inc. is a leading provider of enterprise software to unifyand share information across financial analysis applications. Its flagshipproduct, Star Integration Server, allows corporations to extend the valueof their investments in business intelligence and data warehousing. Theproduct is fully deployed in Fortune 1000 companies in industries such asaerospace, banking, chemicals, computer software and hardware, energy,financial services, Internet search, manufacturing, mining, online travel,pharmaceuticals and skin care and cosmetics. Partners include HyperionSolutions, BusinessObjects, 123OLAP, AnswerThink, Key Performance Ideas,Ranzal and Associates, StrategicApps and TopDown Consulting. Star Analyticsis funded by Hummer Winblad Venture Partners and Lightspeed VenturePartners. For information visit www.staranalytics.com.

The Star Analytics Logo and Star Integration Server are trademarks of StarAnalytics. All other names mentioned herein may be trademarks of theirrespective owners. This press release is for informational purposes onlyand no offer to buy or solicitation of an offer to sell any securities ismade hereby. Certain information contained in this news release isforward-looking and is subject to unknown risks and uncertainties. Theactual results, performance or achievements of the company may differmaterially from the results, performance or achievements of the companyexpressed or implied by such forward-looking statements.

Media contact
Joanna Rustin
Rustin Communications for Star Analytics
866-297-6070
Email Contact



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