Vancouver – May 10, 2012 – LocAZu, the college student network connecting students to what they need to get through college from textbooks and lecture notes to course and professor evaluations, announced today it has been selected as a Finalist for Red Herring’s Top 100 Americas award, a prestigious list honoring the year’s most promising private technology ventures from the North American business region.
The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across North America. The nominees are 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.
This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the “buzz” and make the list an valuable instrument for discovering and advocating the greatest business opportunities in the industry.
“This year was very rewarding,” said Alex Vieux, publisher and Chairman of Red Herring. “There are so many great companies producing truly innovative and amazing products and technologies. We had a very difficult time narrowing the field and selecting the Finalists from such a group of future stars. LocAZu shows great promise therefore deserves to be on the short list. Now we are faced with the difficult task of selecting the Top 100 winners.”
“We are honored to be recognized for our innovative approach to solving college students’ education cost, quality, and access problems and to be selected as a finalist for the Red Herring Top 100 award,” said Dawn Sheirzad, CEO of LocAZu. “We’re extremely proud to be joining an illustrious list of past finalists like Facebook, Google, Skype, Salesforce, and look forward to meeting like-minded business leaders.”
2012 Red Herring’s Americas 100 Finalists award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the several months leading up to the announcement, hundreds of companies in the, security, Web 2.0, software, hardware, life sciences, cloud, mobile and other sectors completed their submissions to qualify for the award.
The Finalists are asked to present their winning strategies at the Red Herring Americas Forum in Santa Monica, California, May 21-23, 2012. The Top 100 winners will be announced at a special awards ceremony the evening of May 23 at the event.
LocAZu connects students to each other and the A to Z of what they need to get through University.
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LocAZu is local, campus-based, and free for students to use. It is the largest college student community and a one-stop-shop providing a suite of tools and resources to make college more rewarding.
About the Red Herring Top 100 Americas Award
Finalists for the 2012 edition of the Red Herring 100 Americas award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the several months leading up to the announcement, hundreds of companies in the, security, Web 2.0, software, hardware, life sciences, cloud, mobile and other sectors completed their submissions to qualify for the award.