|[May 01, 2012]
Siklu Selected as a 2012 Red Herring Top 100 Europe
AMSTERDAM --(Business Wire)--
provider of the EtherHaul
millimeter wave wireless backhaul solution, has been named by Red
Herring to its Top
100 Europe roster in recognition of the leading private companies
from Europe, celebrating these startups' innovations and technologies
across their respective industries.
Siklu, whose high capacity gigabit wireless backhaul solutions support
next generation 4G/LTE (News - Alert) and broadband bandwidth requirements, at the
lowest cost in the industry, has established itself as a leading company
in the wireless backhaul over millimeter wave market, thanks to its
strong sales performance in 2011.
Last year, more than 1000 EtherHaul links were installed. With continued
strong sales of EtherHaul links so far in 2012 - running successfully
under varying weather conditions all over the world - Siklu continues
its impressive growth as it readies its LTE small cell backaul product
portfolio for introduction in 2013.
"We are honored to be named the Red Herring (News - Alert) Top 100 Europe," says Itzik
Ben-Bassat, Siklu's CEO. "Siklu's game-changing EtherHaul systems will
continue to play a significant role in growing mobile backhaul and
business services networks. The integrated all-silicon Siklu approach
resulting in ultra-low-cost and 'invisible' footprint systems represents
a key stepping stone to the mass deployment of small cells."
Red Herring's Top
100 Europe list has become a mark of distinction for identifying
promising new companies and entrepreneurs. Red Herring editors were
among the first to recognize that companies such as Facebook, Twitter,
Google, Yahoo, Skype, Salesforce.com (News - Alert), YouTube, and eBay would change the
way we live and work.
"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 Europe to the Top 100 Winners. We
embodies the vision, drive and innovation that define a successful
entrepreneurial venture. Siklu should be proud of its accomplishment, as
the competition was the strongest it has ever been."
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 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 Europe.
Siklu has been committed to reducing the cost of high capacity wireless
backhaul solutions since 2008. The company's success centers on an
innovative silicon-based design of the E-band radio system and
components that has resulted in systems priced as low as 20% of
competition. The EtherHaul delivers Gigabit speeds over the uncongested
millimetric wave spectrum and is ideal for a wide range of urban and
metropolitan Ethernet wireless backhaul applications. Serving providers
around the world, Siklu Communication is based near Tel Aviv, Israel.
Learn more at www.siklu.com.
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