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D-SIMLAB Selected as a 2010 Red Herring Asia Top 100 Tech Startup

Important milestone to being recognised worldwide in simulation-based business analytics and process optimisation solutions

D-SIMLAB Technologies Pte Ltd (“D-SIMLAB”), the Singapore-headquartered leading provider of high-performance, simulation-based business analytics and process optimization solutions has been selected among Red Herring’s Top 100 Asia Awardees. Last month, Red Herring Asia released its finalists with D-SIMLAB among the 200 companies short-listed and 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 assessment of potential was complemented in the final round by a review of the track record and standing of startups relative to their sector 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 Asia. Red Herring announced its Top 100 Asia Award in recognition of the leading private companies from Asia, celebrating these startups’ innovations and technologies across their respective industries.

“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 Asia to the Top 100 Winners. We believe D-SIMLAB embodies the vision, drive and innovation that define a successful entrepreneurial venture. D-SIMLAB should be proud of its accomplishment, as the competition was very strong.”

D-SIMLAB has been gaining significant traction in the Aerospace industry through D-SIMSPAIR, a software suite for managing component support contracts in a multi-airline, multi-station network. With a number of top players in the Aerospace industry as users, D-SIMSPAIR is on track to becoming the de-facto solution for components support contract design, management and execution. Also, D-SIMCON, the technology platform for optimizing semiconductor wafer fab operations is now undergoing its first industrial implementation. D-SIMLAB is committed to provide high performance simulation-based decision support solutions for the asset-intensive industries that enable sustainable performance enhancements leading to sustainable savings. “The Red Herring award is another important milestone on our way to being recognised worldwide as a leader in simulation-based business analytics and process optimisation solutions,” said Peter Lendermann, Co-Founder and CEO of D-SIMLAB.

Red Herring’s Top 100 Asia 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, YouTube, and eBay would change the way we live and work.

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