Wednesday, May 2, 2007

Plateau Systems Named Red Herring 100 Winner


Company Recognized as One of North America's "Most Promising" Companies Driving the Future of Technology


Arlington, VA. – May 2, 2007 Plateau Systems, a leading provider of software for developing, managing, rewarding and optimizing organizational talent, today announced that it has been named to the Red Herring 100, an award given to the 100 most promising private North American technology companies. The editorial staff selected the Red Herring 100 award winners after a rigorous analysis of financial data and a thorough evaluation of the company’s management strength, industry leadership, strategy execution and investment in research and development.


"Having received more than 800 submissions, it is clear that we are witnessing a new outburst of creativity." says Joel Dreyfuss, Editor-in-Chief of Red Herring. "With venture capital flowing again, it’s exciting to see technology innovators and business investors collaborate to create disruptive technologies. The Red Herring 100 North America companies are impressive up-and-comers, and definitely the ones to watch."


Now in its tenth year, the Red Herring’s annual list of top private companies is an important part of the company’s widely-recognized tradition of identifying new and innovative technology companies and entrepreneurs. Google, eBay and Skype are among the many companies Red Herring editors recognized early on and touted as leaders that would change the way we live and work. This year’s winners continue to epitomize this tradition by pioneering and actualizing next-generation technology solutions and making them accessible across new and important markets.


“Plateau has a proven record of pioneering industry leading solutions that address real-world talent management needs, and we are honored that the Red Herring editors have recognized this and the value it brings our customers,” said Paul Sparta, Chairman and CEO of Plateau. “Being named to the Red Herring 100 validates Plateau’s leadership in developing innovative solutions that transform the way companies manage processes and content across their full talent management lifecycle. We will continue to raise the bar in delivering solutions that increase workforce productivity, enhance corporate and employee performance, and generate tangible returns for our customers.”


Customers, media and industry analysts consistently recognize Plateau for its industry leadership and unparalleled commitment to customer loyalty and success. Most recently, the company was named the Overall Satisfaction Leader for Global Enterprises in the Bersin & Associates 2007 LMS Customer Satisfaction Study. In 2006, Plateau was positioned in the Leader’s Quadrant in the Gartner 2006 e-Learning Suites Magic Quadrant report, based on the company’s vision and ability to execute. Plateau was also voted the overall winner of the “Industry’s First Integrated Performance & Learning Management Shootout” at the 2006 HR Technology Conference and Exposition last October.


To honor the CEOs of Red Herring 100 award winners, Red Herring has invited each company to present at its Red Herring Spring 2007 event, May1-3, at the Hyatt Regency in Monterey. This year marks the 10th anniversary of the Red Herring 100 Awards. To celebrate this occasion, Red Herring 100 winners will share their successes and insights on how to make it to the top. As the venue for the unveiling of the Top 100 private companies in North America, Red Herring Spring draws unparalleled attention from decision makers and industry observers across the continent. For more information visit www.redherring.com


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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 on the Internet at www.redherring.com.


About Plateau

Plateau is a leading, global provider of adaptable, web-based software for developing, managing, rewarding and optimizing organizational talent to increase workforce productivity and business operations performance. Plateau’s award-winning software is being used to power talent management initiatives across some of the world’s most successful organizations, including the American Red Cross, General Electric, the Internal Revenue Service, Capital One Services and the National Aeronautics and Space Administration (NASA). Industry analysts at Bersin & Associates, Forrester Research and other leading information and technology research and advisory firms continue to recognize Plateau’s leadership in delivering best-in-class functionality, technology and customer satisfaction. Plateau is headquartered in Arlington, Virginia, with offices across the United States, Europe and Asia Pacific. For more information, please visit www.plateau.com.


Plateau Systems, the Plateau Systems logo, Plateau Performance, and Plateau are the property of Plateau Systems Ltd. All other names and brands are the property of their respective holders.