AVK chosen as 2013 Red Herring Top 100 Europe

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12.04.2013

AVK systems SA, world leaders in HD Audio solutions for sport broadcasting, announced that it has won the prestigious Red Herring Top 100 Europe award for 2013. This follows an official announcement by Red Herring who unveiled this year’s Top 100 award winner list in a ceremony held in Amsterdam on Wednesday. In addition to AVK, Sportradar is on the list, a company headquartered in St. Gallen.

Red Herring’s Top 100 Europe list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring’s editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.

“Selecting startups that show the most potential for disruption and growth is never easy,” said Alex Vieux, publisher and CEO of Red Herring. “We looked at hundreds and hundreds of candidates from all across the continent, and after much thought and debate, narrowed the list down to the Top 100 Winners. Each year, the competition gets tougher but we believe AVK SYSTEMS demonstrates the vision, drive and innovation that define a Red Herring winner.”

Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, overall business strategy and market penetration. This assessment was complemented by a review of the track records and standings of similar startups in the same verticals, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Europe

“We are delighted to be chosen for this award by Red Herring, a true honor given the outstanding quality and innovation of all the companies shortlisted for this year’s list” said Vijay Sathya, CEO of AVK systems. “This would not have been possible without the support of the numerous sport federations and broadcasters who all share our vision to redefine the audio experience in sport broadcasting for the hundreds of millions of sport fans around the world”.

With Sportradar a second company with Swiss background is on the Top 100 list. Sportradar has operational offices in several countries but is headquartered in St. Gallen.

About AVK SYSTEMS
AVK systems is a Swiss technology firm dedicated to taking the audio experience in compelling broadcast content such as sport to a new high. For over 3 years now, the company has been actively involved in the design & development of products and services for the HD Audio concept it has pioneered.

Headquartered in the Olympic capital city of Lausanne, the company works in close collaboration with leading sport broadcasters, TV/Mobile operators, and sport federations to ensure solutions that are truly bespoke for the sport broadcasting industry. AVK Systems was awarded the CTI Start-up label this year.

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