Drew, FYI. cnbc.com
4/28/00 - Red Herring 100's Fifty Private Companies to be Introduced At Red Herring's Venture 2000 Privately Held Companies Whose Products, Services or Business Models are Most Likely to Change the World to be Presented at Red Herring Event
SAN FRANCISCO, Apr 28, 2000 /PRNewswire via COMTEX/ -- John Mecklenburg, Red Herring Events editor, will unveil the 50 privately held companies selected for this year's Red Herring 100, on Monday, May 1, at Red Herring Events' Venture 2000. The event begins May 1 at the Resort at Squaw Creek in Lake Tahoe, Calif., and runs through Wednesday, May 3. At Venture 2000, the CEOs of the 50 private companies chosen by Red Herring magazine's editors will make presentations to the high-level, high-tech and financier audience in two rounds: 25 on Monday, May 1, and 25 on Tuesday, May 2.
This invitation -- only executive conference for industry leaders at CEO, CFO, CIO and vice president levels is based around the 50 privately held companies highlighted in Red Herring magazine's June issue. More than 700 attendees are confirmed for the event, with the opening keynote address given by Michael Dell on May 1 and the closing keynote address by 1994 Nobel Peace Prize Laureate Shimon Peres on May 3. Apart from the Red Herring 100's 50 privately held companies, the magazine's "Ten Companies to Watch" will also showcase themselves to the influential audience.
"Venture 2000 is so successful because its speakers address the toughest and most appreciative audience: their peers," said Mecklenburg. "For the most part, the executives, entrepreneurs and financiers who will be speaking are on the same level as the attendees, and they're all concerned with how to move their business forward by discussing global business strategy and new technology. It's one of the most relevant events they'll attend this year."
A series of panels and roundtable discussions exploring pertinent technology topics will include:
* the benefits and pitfalls of EcoNets, companies which incubate start-ups at a startling rate * possible business models for mobile commerce through cell phones and hand-held computing devices * the emerging investment opportunities in Europe, Latin America and Asia the outlook for venture capital in the coming months
Red Herring magazine's editors arrived at the final list of companies included in the Red Herring 100 by dividing the economy into the markets that are not only important but also growing and changing. They considered such sectors as entertainment, semiconductors, business services, consumer electronics, networking equipment, telecommunications, wireless, and business- to-business. They referenced recent Red Herring stories and industry sources to assemble a short list of approximately 500 companies, then used detailed business practices and management criteria to choose the final 100.
"While the Fortune 500 is chosen by sorting companies according to their market capitalization, their profits and their revenues, Red Herring's mission is to find out what's new in the business of technology and in the businesses touched by technology," stated Red Herring Editor Jason Pontin. "We want to explain why it matters to the broadest possible audience of business leaders."
The complete stories on each of the 50 privately held and 50 publicly held companies selected for this year's Red Herring 100 appear in the June 2000 issue of Red Herring magazine, on newsstands May 19. In addition, the entire feature package will be posted online at redherring.com on April 28. Streaming video of the 50 private companies' CEO presentations also will be available on the site as well as live coverage of keynotes by Dell and Peres.
The Red Herring 100 50 Private Companies
Altra Energy Technologies AvantGo Benchmark Capital Blue Martini Bowstreet ChemConnect Consumers Union Corio Corvis CoSine Communications Cyras Systems Draper Fisher Jurvetson eCredit Election.com Employease Epoch Partners Escalate Exelixis Pharmaceuticals FormFactor GlobalSight Handspring Illumina Iobox Island ECN Jamcracker Kleiner Perkins Caufield & Byers LockStar Loudcloud Motive Communications National Transportation Exchange Nordstrom.com Octopus.com Orchestream PacketVideo PeoplePC Portera Systems Pulse Entertainment Science Applications International SignalSoft Silicon Systems Limited Storage Networks Symbian Tellium Tellme Networks Thomas Weisel Partners Transmeta Trilogy Software Veon X.com Zeus Technology
The Red Herring 100 50 Public Companies
Akamai Technologies Amazon.com America Online/Time Warner Apple Computer Applied Materials ARM Holdings AT&T Broadcom BroadVision Charles Schwab Cisco Systems CMGI Commerce One Dell Computer eBay EMC Exodus Communications Ford Goldman Sachs Hughes Electronics IBM Immunex Inktomi Intel JDS Uniphase Lucent Technologies MCI WorldCom Microsoft Millennium Pharmaceuticals Morgan Stanley Dean Witter Nokia Nortel Networks NTT DoCoMo Oracle Pacific Century CyberWorks Palm PE Corporation PMC-Sierra Red Hat Sapient Siebel Systems Sony Sun Microsystems Taiwan Semiconductor Manufacturing Texas Instruments United Parcel Service Ventro.com VeriSign Vodafone/AirTouch Yahoo
About Red Herring Magazine
Since 1993, Red Herring magazine has been essential reading for business leaders using technology to build or expand their businesses. Its coverage provides a forward-thinking, analytical look at technology companies and industries. The unique perspective of its veteran editors and reporters is based on years of experience reporting on and watching the business of technology. Red Herring's coverage of technology-driven business is timely, analytical and, most of all, opinionated and experienced.
About Red Herring Communications
Red Herring Communications, a privately held San Francisco-based company, is a fully integrated network of media properties connecting and enabling the technology empowered business builders and leaders, ideas and technologies that are shaping and reshaping business today. Red Herring magazine, Redherring.com, Red Herring TV and Red Herring Events are each a crucial conduit of information, analysis and opinion, between the vision of Silicon Valley and the power of corporate America, alongside the global business environment.
SOURCE Red Herring
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