NorthStar Selected for the Red Herring 100 Spring 2007
SAN FRANCISCO, May 2: Red Herring today announced that NorthStar, the leading provider of wealth management software to financial services institutions, is a recipient of Red Herring 100 Spring, an award given to the top 100 private technology companies based in North America.
"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."
Red Herring's annual lists of top private companies are an important part of the company'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.
"Being selected to the Red Herring 100 is a great honor and is also additional proof of our leadership in the wealth management software industry," said Bob Zangrillo, chairman and CEO of NorthStar. "NorthStar is empowering banks, broker-dealers, and asset managers to transform their business models to support an open architecture offering. By employing a best practice wealth management desktop solution, our clients are achieving significant revenue improvements, cost reductions and compliance with our industry-leading Solutions."
Red Herring's editorial staff rigorously evaluated more than 800 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.
To honor the CEOs of Red Herring 100 Spring companies, Red Herring has invited each one to present his or her company at its Red Herring Spring 2007 event, May 1-3, at the Hyatt Regency in Monterey. 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. 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.
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 http://www.redherring.com/.
About NorthStar Systems International
NorthStar is the leading provider of wealth management software to financial services institutions. It has a growing list of clients across market segments and sizes such as Charles Schwab, Citigroup, Legg Mason, Merrill Lynch, Wachovia and several national banks. NorthStar products, delivered either on-premise or on-demand, empower thousands of financial advisors and their teams with full lifecycle advisory capabilities to acquire, implement and manage client assets and liabilities in a compliant manner based on industry and firm best practices. Please visit http://www.northstar.com/.
Source: NorthStar Systems International
CONTACT: Emilio Dabul FastLane, +1-908-822-7106, edabul@fast-lane.net, NorthStar; Christi Weidling NorthStar,
+1-415-344-6140, cweidling@northstar.com
Web site: http://www.northstar.com/
