MANCHESTER, England and BEAVERTON, Ore. – June 8, 2011 – Virtensys™, Ltd, a provider of I/O virtualization solutions, announced today that 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. 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 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. Virtensys shows great promise; 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."

“This comes on the heels of the recent industry recognition as a Network Products Guide Hot Companies and Best Products winner in the Virtualization category,” said Stephen Spellicy, director of marketing at Virtensys. “It is going to be a great year for us, as customers are now more than ever recognizing that I/O virtualization is solving the most complex I/O bottleneck challenges that they are experiencing today, allowing data centers to scale while realizing significant power savings.” 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.