A-Life Medical selected as Finalist for Red Herring's North America 100 award

A-Life Medical, Inc., the pioneer and leading provider of computer-assisted coding (CAC) products and services to the healthcare industry, announced today it has been selected as a Finalist for Red Herring's North America 100 award, a prestigious list honoring the year's most promising private technology ventures from the world's North American business region.

The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across North America. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.

This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the "buzz" and make the list an invaluable instrument for discovering and advocating the greatest business opportunities in the industry.

"We are honored to be recognized by Red Herring in this prominent competition. The prestigious acknowledgement A-Life earned from Red Herring is indicative of the company's recent, significant growth along with the market's acceptance of our pioneering CAC technologies and solutions. We appreciate that our ongoing expansion is now also noticed by Red Herring, and look forward to participating in the upcoming conference," noted Jaye Connolly, president at A-Life.

"This year was especially difficult," said Alex Vieux, publisher and CEO of Red Herring. "Despite the global economic situation, there were many great companies producing really innovative and amazing products that we had a difficult time narrowing the pool and selecting the finalists. A-Life Medical shows great promise, and therefore deserves to be among the Finalists. Now, we're faced with the difficult task of selecting the Top 100 winners of the Red Herring North America award. We know that this year's crop will grow into some amazing companies that are sure to go far."

Finalists for the 2010 edition of the Red Herring 100 North America award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the several months leading up to the announcement, hundreds of companies in the telecommunications, security, Web 2.0, software, hardware, biotech, and clean tech industries sent in their submissions to qualify for the award.

The Finalists are invited to present their winning strategies at the Red Herring North America Conference in San Diego, June 22-24, 2010. The Top 100 winners will be announced at a special awards ceremony on June 24 at the event.