Access Mobile - winners of the Global IT CEO Prize - named in the Red Herring Asia 100
The winner of the Ministry of Science, ICT and Future Planning and ET News' 'Global IT CEO Prize' has been recognized on the world stage.
Access Mobile is a pioneer of mobile value added services in overseas markets, and it was announced on the 11th that they had been chosen as a '2013 Asia 100 Company' by American IT magazine Red Herring.
Red Herring has been selecting 100 companies for its regional top 100s since 1996 by evaluating ventures and startups in North America, Europe, and Asia for technical innovation, management skills, and business strategy. From the total of 300 companies selected regionally, 100 are selected at the end of every year as the 'Global 100 Companies'.
Access Mobile has seen successes by targeting the South East Asian and Indian markets with mobile value added services such as Ring Back Tones and 'Color SMS' since its founding in 2006. Of their 10.4bn Won revenue in 2011, 97% was derived from exports.
The Red Herring 100 award is seen as a seal of approval for hot companies in the eyes of venture capitalists. Major companies in the online market such as Google, Baidu and eBay were also awarded with this prize in their early days, and last year Korean company Kakao was a winner.
CEO of Access Mobile, Charlie Lee, explained, "I'm delighted that we've been awarded by Red Herring, who focus on the global market, so shortly after winning the Global IT CEO Prize. We will continue to do our utmost to globalize Korean mobile value added service technologies."
A total of 4 South Korean companies were named among the Asia 100, with 8 from Hong Kong, 13 from Singapore, 19 from China, and 23 Indian companies, demonstrating the power of venture companies form the Sinosphere and India.
Source : http://www.etnews.com/news/telecom/telecom/2829645_1435.html