Clearpace Software Selected As Winner Of The Red Herring 100 Europe 2009

Berlin, April 7th, 2009 – Red Herring today announced that data archive store specialist Clearpace Software http://www.clearpace.com was named a WINNER of the Red Herring 100 Europe, an award given to the top 100 private technology companies based in the EMEA (Europe, Middle East and Africa) region each year.

“During a difficult year, Red Herring still received an impressive list of submissions from companies across the EMEA region, clearly demonstrating Europe’s role as a major center of innovation in the global technology sector,” said Red Herring Managing Director, Farley Duvall. “The exceptional accomplishments of European technology startups and entrepreneurs are a testament to the rapid advancements being made in building the European innovation ecosystem.”

Red Herring’s lists of top private companies are an important part of the publication’s tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google, eBay, and Skype were spotted in their early days by Red Herring editors, and touted as leaders that would change the way we live and work.

Red Herring’s editorial staff rigorously evaluated several hundred private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development.

Red Herring has honored the Red Herring 100 Europe Finalist companies at its Red Herring Europe 2009 Conference, which was held March 31- April 2, at the Berlin Radisson Hotel. This intimate, 2 1/2 day event explored how European firms are leading the charge in many technology sectors, gaining a competitive advantage, and driving entrepreneurial success in ways that create business opportunities for challengers and incumbents alike.

“Being recognized in such a prestigious forum is a compliment to any young business and, in combination with winning the 451 Group Innovators Showcase last year, is a great testament to the disruptive technology we are bringing to the market,” said John Bantleman CEO of Clearpace Software. “Our innovative technology enables organizations to retain terabytes of historical data for business or regulatory needs at a fraction of the cost and overhead of a conventional database or data warehouse. The data archive store technology we provide clearly stood out as a solution that is in the right place at the right time as all businesses focus on cost containment in the current climate while trying to comply with increasing regulation.”

About Clearpace

Clearpace Software Ltd is a software company that provides data archive store solutions for the long-term retention of structured data within the enterprise. Clearpace has become a pioneer in the database archiving market by providing archive stores that are the optimal destination for inactive data that has been removed from production systems. The Clearpace NParchive software enables organisations with large and growing data estates to massively reduce the cost and complexity of storing historical information while making archived data easily accessible for regulatory, legal and business purposes. Using NParchive, companies are able to store as much as 60x more historical information on commodity hardware. Clearpace serves a variety of industries, including Financial Services, Telecommunications, Energy, Utilities, Pharmaceuticals, Retail and the Public Sector.

For more information visit http://www.clearpace.com

Contacts details

Richard Botley, Chameleon PR: +44 (0)207 680 5500

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