Virtual Instruments Named a Finalist for the 2011 Red Herring Top 100 North America Award

May 25, 2011 - PRLog -- Virtual Instruments, a leader in storage area network (SAN) and virtual infrastructure optimization (VIO) solutions, announced today it has been selected as a Finalist for Red Herring's Top 100 North America award, a prestigious list honoring the year’s most promising private technology ventures from the North American business region.  In addition, John Thompson, CEO of Virtual Instruments, will be speaking at the publication’s annual event, the Red Herring North America Forum, to be held in Hollywood Calif. this June.

John Thompson Speaking Details:
Event: Red Herring North America Forum
Keynote Roundtable: Been There, Done That - The Lessons Learned
Date: Wednesday, June 15, 2011
Time: 8:45a.m. - 9:45a.m. PT
Location: W Hollywood Hotel, Hollywood, Calif.

The Red Herring editorial team selected the most innovative companies from a pool of hundreds 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 year was very rewarding," said Alex Vieux, publisher and CEO of Red Herring. "The global economic situation has abated and there are many great companies producing really innovative and amazing products. We had a very difficult time narrowing the pool and selecting the finalists. Virtual Instruments shows great promise and therefore deserves to be among the Finalists. Now we’re faced with the difficult task of selecting the Top 100 winners of Red Herring North America. We know that the 2011 crop will grow into some amazing companies that are sure to make an impact."

“We have worked hard to create an innovative company that uniquely helps enterprise IT organizations achieve full transaction visibility into their virtualized and cloud infrastructures. This has resulted in tremendous growth over the past three years,” said Len Rosenthal, VP of marketing at Virtual Instruments. “We are thrilled to have been selected by Red Herring as a finalist for the Top 100 in recognition of the company’s sustained success in helping customers control their IT expenses; it is a real honor.”

Finalists for the 2011 edition of the Red Herring 100 North America 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 telecommunications, security, Web 2.0, software, hardware, biotech, mobile and other industries completed their submissions to qualify for the award.

The Finalists are invited to present their winning strategies at the Red Herring North America Forum in Hollywood, California, June 13-15, 2011. The Top 100 winners will be announced at a special awards ceremony the evening of June 15 at the event.

About Virtual Instruments
Virtual Instruments offers the award-winning VirtualWisdom and SANInsight virtual infrastructure optimization solutions that provide deep monitoring and analysis of how the virtualized IT infrastructure and the SAN affect business-critical application performance. Global 2000 customers across a broad range of industries achieve significant cost savings in virtualization and SAN deployments by optimizing utilization, performance and availability of IT resources. Leading system and storage vendors including IBM, HP, HDS, Dell and EMC leverage Virtual Instruments to design and optimize SAN solutions for enterprise customers. The company was founded in June 2008 via a spin-out from Finisar Corp.; it has headquarters in San Jose, Calif., and can be found online at http://www.virtualinstruments.com