Red Herring selects Ogone for the Red Herring 100 europe Awards 2010

Award Recognises the 100 “Most Promising” Companies Driving the Future of Technology

Wednesday, 4 August 2010

London, June 2, 2010 – Red Herring announced that Ogone Payment Services, one of Europe’s largest service providers specialising in the processing of online payments, is a recipient of the Red Herring 100 Europe award, an accolade awarded to the top 100 private technology companies based in the EMEA (Europe, Middle East and Africa) region each year. Ogone Payment Services’ selection underpins continued recognition of the company’s leading online payment processing technology which provides value added benefits including fraud prevention, payment management and security features.

Ogone relentlessly delivers e-Commerce businesses payment solutions and technology advancements that are essential to the way payments are performed, controlled and secured. Through established relationships with all the major payment providers such as Visa, MasterCard and American Express as well as all local European payment providers, including Solo and Maestro in the United Kingdom, iDeal and Machtigingen in the Netherlands, ELV in Germany and Carte Bleue in France Ogone Payment Services enables businesses to develop European markets through a single, consolidated payment mechanism.

“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 believe (Company) embodies the vision, drive and innovation that define a successful entrepreneurial venture. (Company) should be proud of its accomplishment, as the competition was very strong.”

“We are delighted to be selected within this prestigious list of European private technology firms”, said Peter De Caluwe, CEO Ogone Payment Services. “Our recently announced new investment from growth equity investor Summit Partners provides us with the financial backing and industry knowledge to continue our rapid growth”.

Red Herring’s 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. Red Herring’s editorial staff rigorously evaluated hundreds of private companies through a careful analysis of financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.