TORONTO, May 15 /CNW/ -- Dyadem today announced that it has been selected
as a winner of the Red Herring 100 North America Award, which recognizes the
most promising companies that will lead the next wave of disruption and
"The Red Herring 100 have become an inspiration to entrepreneurs from
around the globe. Dyadem's impressive growth and strong performance made it a
clear winner and one of the most exciting companies in technology in North
America. Dyadem's solutions fill an important need for companies looking to
improve their quality processes and risk management initiatives," said Alex
Vieux, CEO, Red Herring.
The Red Herring editorial team deploys a detailed process to whittle down
a pool of 1,000 eligible, promising companies to 200 finalists. It then
conducts a last round that decides the top 100 winners of this important North
American award. Evaluations are made on both quantitative and qualitative
criteria, such as financial performance, innovation, management, global
strategy, and ecosystem integration. The winners, elite executives and
venture capital leaders from North America celebrated the Top 100 Privately
Held Companies in San Diego, May 11-14, 2009.
"Amid a recession, companies are closely controlling spending and keeping
their focus on practices that improve their core business. This includes
tight monitors on quality and safety where Dyadem can bring immense savings,"
said Kevin North, President and CEO of Dyadem. "Our solutions provide
visibility into the manufacturing process, helping companies improve product
quality and reduce risks in the manufacturing process."
Dyadem, the leader in Operational Risk Management and Quality Risk
Management solutions, helps process and discrete manufacturers ensure safety
and quality in their designs, their processes and their finished products.
Its Stature platform provides a centralized and standardized way for an
enterprise to track quality performance and risk. This allows greater
operational transparency and inter-departmental communication so that problem
resolution is expedited and repeat mistakes are minimized. In 2008, Dyadem
achieved 45% year-over-year revenue growth.
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 online at www.redherring.com.
Dyadem is the market leader in Operational Risk Management and Quality
Risk Management solutions. Dyadem provides software and services that empower
companies to discover and manage the risks to people and products in the
design and manufacturing processes. Dyadem helps some of the world's largest
companies achieve regulatory compliance and business continuity, serving the
Oil & Gas, Chemical, Mining, Pharmaceutical, Medical, Automotive, Electronics
and Aerospace and Defense industries. For more information, visit
For further information:
For further information: Maureen Robusto of Dyadem, +1-978-289-7752,
firstname.lastname@example.org Web Site: http://www.dyadem.com