Red Herring Asia 2009, 100 Finalist

"Red Herring nominates ANNOVA Technologies asquality performance oriented company focused in
Finalist for Top 100 Promising Startups in Asia"providing high quality digital map data, Telecom RF
Hyderabad, Oct 30th, 2009Data, GPS based vehicle tracking solutions and
ANNOVA Technologies has been nominated by Redconsumer navigation services.
Herrings as a finalist for the Top 100 PromisingThe company has evolved constantly in its pursuit to
startup companies in Asia this year. The Red Herringprovide quality products, year after year, to large
panel uses a very competitive process to decideenterprise customers and directly or indirectly to
short-list the Top 100 finalists from a pool of overmore than a billion people. With over 100
1,000 eligible promising companies. The criteria foremployees’ count and offices in Hyderabad, India
evaluation included various quantitative and qualitativeand San Diego, CA, USA, the company has shown a
parameters like financial performance, innovation,strategic growth in the year 2009 including several
management, global strategy, and ecosystemdeals signed on this current year. Apart from
integration.servicing Geo-spatial solutions to global and Indian
Says Santosh Nandi, C.E.O., ANNOVA Technologies,enterprises, it is currently promoting its lead brands,
on being nominated as finalist "It is indeed a privilegenamely,
to be nominated by Red Herring as the Finalist forRFVERSA – The most trusted RF Maps brand
Top 100 Promising startup companies in Asia, fromfor all Indian Telecomm Operators. [
the overall list of more than thousand otherTRACKVERSA – The Vehicle Tracking Solution
companies. We feel really proud of thisthat exploits the power of Mobile phones. [
accomplishment and would surely strive hard in futureMAPVERSA – The only Indian Navigator that
to be on the Red Herring list in the coming years."works on the un-organized Indian addressing system
About ANNOVA Technologies Pvt. Ltd. [Indian roads.
ANNOVA Technologies is an innovation based, high