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Mocana Named Finalist for Red Herring 100 Award

Award Recognizes the 100 "Most Promising" Companies Driving the Future of Technology

Mocana, a security software company that delivers comprehensive protection for devices, today announced that it has been chosen as a finalist for the Red Herring 100 Award, a selection of the 100 most innovative private technology companies based in North America.

The Red Herring editorial board diligently surveyed the entrepreneurial scene throughout the North American region and identified the top 200 out of more than 800 closely evaluated companies that are leading the next wave of innovation. Mocana has been recognized because its device security technology is meeting a critical industry need as enterprises across all industries are placing increased pressure on device manufactures to provide equipment and services that are secure. By leveraging Mocana’s Device Security Framework, device manufacturers are able to guarantee the integrity and security of those devices.

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

“At a time when any device connected to a network, whether it be a cell phone, router, or digital frame, has the potential to be threatened by viruses or malware, device security is paramount,” said Adrian Turner, CEO of Mocana. “Having been named a finalist to the Red Herring 100 further validates the industry need for device security and acknowledges that Mocana is offering an innovative, comprehensive approach to securing anything connected to the network.”

Mocana’s Device Security Framework is specifically designed for device manufacturers and service providers and contains software that gets embedded into devices at the time of manufacture. The Device Security Framework offers a unified approach for device security and management by managing device identity; authenticating devices and device applications onto a network; securing communications between devices; and by enabling secure firmware updates. It is easy to implement, offers high levels of scalability and performance and a very small footprint, making it ideal for any connected device, even resource constrained ones-minimizing the impact on device power requirements. The Device Security Framework also extremely portable, working across more than 15 operating systems and 50+ CPU’s, making it the ideal choice for securing any connected device.

The 100 winning companies will be announced at the Red Herring North America event. The CEOs of the winning startups will present their innovative ideas and technologies to an audience of leading entrepreneurs, financiers, and corporate strategists at the event in San Jose, California, on May 12-14 at the Fairmont. This year’s Red Herring 100 North America event marks the 11th anniversary of the Red Herring 100 Awards. In celebration, the event will feature keynote addresses from legendary VC investors and CEOs of leading Internet, information, and communications companies. Register online at: http://herringevents.com/northamerica08/index.html

About Mocana

Mocana securely enables Internet-scale applications and services for connected devices. Mocana's industry-leading infrastructure software solutions ensure that wired and wireless devices, networks and services perform and scale with the utmost security – a necessary foundation for a networked society. Customers include Philips, Dell, Cisco, Nortel Networks, Harris, Honeywell, Symbol, Net.com and Radvision, among others. Mocana was founded in 2002, is privately-held, and headquartered in San Francisco, California. For more information, visit www.mocana.com. To request a free full source code and documentation evaluation of Mocana's security solutions, visit www.mocana.com/evaluate.html

About Red Herring

Red Herring is a global media company which unites 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 access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available on the Internet at www.redherring.com.

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