Queppelin named Red Herring Top 100 Asia 2011 Winner

Queppelin (www.queppelin.com), a leading mobile applications development company in India, announced that it has been honoured with Red Herring's Top 100 Asia award. The award recognizes Queppelin's significant contribution in making innovative mobile applications and games for Media and Internet companies, Ecommerce, Telecom operators and Mobile Handset manufacturers.

Celebrating the occasion, Prafulla Mathur, CEO and Founder, Queppelin said, "We are growing at an accelerated momentum and this recognition only symbolizes the company's immense potential in the mobile application industry. The recognition signifies our constant efforts towards making Queppelin a global mobile technology hub. Red Herring 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. This is our responsibility to prove them (Red Herring) right the way these companies did."

"Choosing the companies with the strongest potential was by no means a small feat," said Alex Vieux, publisher and CEO of Red Herring. "After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Asia to the Top 100 Winners. We believe Queppelin embodies the vision, drive and innovation that define a successful entrepreneurial venture. Queppelin should be proud of its accomplishment, as the competition was very strong."

Queppelin was honoured with Red Herring's Top 100 Asia award during its Asia conference from 17-19 October in Hong Kong , China. The award recognizes the leading private companies from Asia, celebrating these startups' innovations and technologies across their respective industries. Interestingly, Red Herring editors were among the first to recognize that would change the way we live and work.

Red Herring's editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector peers, 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 Asia.