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Press Release

Bivio Networks Named a Red Herring 100 Company

Award recognizes top 100 private companies in North America that drive the technology industry’s future

PLEASANTON, CALIF. — May 11, 2005 – Bivio Networks today announced that it has been named one of the Red Herring Top 100 Private Companies of North America.

“Five years after the dot-com bubble burst, innovation and entrepreneurship are thriving. The companies on this list are proof,” said Red Herring editor-in-chief Joel Dreyfuss.

“We are very excited and honored to be recognized as a Red Herring 100 company,” said Bivio Networks President & CEO Elan Amir. “Making this list builds upon the momentum we have experienced over the last several months, and validates a rapidly growing acceptance among network equipment vendors that our groundbreaking architecture is delivering cost-effective and fully deterministic multi-Gigabit performance for emerging packet handling applications.”

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

Red Herring’s editorial staff rigorously evaluated more than 900 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 100 companies will be presenting their business model and strategy at the Red Herring Spring conference. Red Herring Spring will take place May 17-19 at the Monterey Plaza Hotel in Monterey, California.

The full list of Top 100 Private Companies of North America is available at http://www.redherring.com/rhspring05/nomination.html

About Red Herring Spring
Red Herring Spring is an invitation-only event for CEOs, select senior executives, and Venture Capitalists. Themed ‘The Dynamics of Disruptions’, Red Herring Spring 2005 will bring together executives from mostly private companies. These executives will be joined by senior executives from public companies and Venture Capitalists. Please contact Sean Raman at 650.428.2900 or email sraman@redherring.com if you would like to request an invitation to Red Herring Spring.

About Red Herring
Red Herring is the weekly magazine technology entrepreneurs, investors and industry observers read to stay ahead of the curve and to be better informed about the global marketplace. Red Herring covers technology, innovation, financial strategies, important personalities and trends that are transforming the world of business with unique insight, opinion and forward-looking analysis. Readers turn to Red Herring for knowledge to make strategic decisions, build companies and create a competitive advantage for their businesses. Red Herring articles, blogs, research and event information can be found online at www.redherring.com.

About Bivio Networks
Bivio Networks has developed the industry's first next generation packet handling platform that combines unparalleled scaling of network performance, processing power, and application agility. Bivio's product is a network appliance featuring a groundbreaking architecture specifically optimized for wire-speed execution of emerging network services that increasingly demand deep packet processing combined with high network throughput. Based on open industry standards, Bivio Networks fuses unmatched flexibility with uncompromising performance to enable its customers to overcome existing bottlenecks and deliver the foundation of the next generation network infrastructure. Headquartered in Pleasanton, Calif., Bivio Networks is backed by Goldman Sachs, InterWest Partners, Storm Ventures and Venrock Associates. More information is available at http://www.bivio.net/.

Bivio Networks Inc., the Bivio Networks logo, Bivio 2000™ and Bivio Networks™ are trademarks of Bivio Networks Inc.

Copyright Bivio Networks, Inc. 2005. All rights reserved.

Media Contact
Derek Kober
Sr.Vice President
Neale-May & Partners
650.328.5555 x 126
dkober@nealemay.com

 

Marketing Contact
Paul Liesenberg
VP Marketing
Bivio Networks
925.923.8640
pliesenberg@bivio.net

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