Silver Tail Systems is a Finalist for the 2012 Red Herring 100 Global Award

Nov. 16, 2012 - PRLog -- Silver Tail Systems, Inc., the leader in web session intelligence and behavioral analytics, announced that it has been selected as a candidate for Red Herring's 2012 Top 100 Global award, a prestigious recognition honoring the year’s most audacious and far reaching private technology companies and entrepreneurs from across the globe.

The Red Herring editorial team selected the companies demonstrating the most innovative technologies and business models originating from over 1,000 companies from over 40 nations. These companies, representing past Red Herring Asia, Europe and North America awards, are judged on a range of qualitative and quantitative metrics, including but not limited to, technology innovation, financial performance, growth criterion, management's execution standards, potential globalization of the strategy and market share improvement.

“Technology companies are becoming the bright spot in the economic outlook based on their increasing role within macro-economic environments,” stated Alex Vieux, Chairman of Red Herring. “2012 has confirmed the sector's vibrant activity and its resilience to widespread economic problems. An unprecedented number of entrepreneurs are attempting to jump ahead of the competition and aspire to make a difference. Breakthroughs obsolete each other faster than ever before. Silver Tail Systems has performed exceptionally in its field and strongly deserves to be singled out as one of the Red Herring Global Finalists. At this stage, we are left with the daunting task to select the best qualified companies for the 2012 Top 100 Global Award."

“Alex's statement about technology companies increasing role within macro-economic environments is spot on. In fact, to compete, companies need to have visibility into their business to grow their top line and protect it,” said Timothy Eades, Chief Executive Officer at Silver Tail Systems. "At Silver Tail Systems, we believe that big data, coupled with security, unlocks this opportunity and validates why our growth in real-time monitoring of entire web sessions has been so vast. Being recognized by Red Herring reinforces the need for this type of technology and we’re very pleased the industry is taking notice to protect users.”

The Finalists are invited to present their winning strategies at the Red Herring Global forum in Los Angeles, November 27-29 2012. The Top 100 winners will be announced at a special awards ceremony on November 29 at the event.

Timothy Eades Speaking Details:
Event: Red Herring Global Forum
Speaker: Timothy Eades, Chief Executive Office, Silver Tail Systems
Date: November 29, 2012
Location: Santa Monica, CA

About Silver Tail Systems, Inc.
Silver Tail Systems, a leading provider of web session intelligence and behavioral analytics, is protecting some of the world’s leading websites against mobile and online fraud and cybercrime. Silver Tail Systems' award-winning solutions are made possible by the unmatched expertise of its management and technology teams, who bring deep experience, know-how and personal commitment to protect their customers' businesses against online fraud. For more information, visit Silver Tail Systems at www.silvertailsystems.com.