Valens Chosen as a 2013 Red Herring Top 100 Europe Award Winner

  Valens Chosen as a 2013 Red Herring Top 100 Europe Award Winner

Business Wire

HOD HASHARON, Israel -- April 18, 2013

Valens, the developer of HDBaseT technology, today joins an elite category of
companies that have won Red Herring’s Top 100 Europe award, a mark of
distinction for identifying promising new companies and entrepreneurs. Red
Herring’s 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.

“Selecting startups that show the most potential for disruption and growth is
never easy,” said Alex Vieux, publisher and CEO of Red Herring. “We looked at
hundreds and hundreds of candidates from all across the continent, and after
much thought and debate, narrowed the list down to the Top 100 Winners. Each
year, the competition gets tougher but we believe Valens demonstrates the
vision, drive and innovation that define a Red Herring winner.”

Founded in 2006, Valens is a leading provider of semiconductor products for
the distribution of uncompressed HD multimedia content. Just three years
later, Valens launched VS100 chipset and unveiled the HDBaseT technology,
which enables connectivity between HD video sources and remote displays
through a single 100m/328ft CAT5e/6 cable. HDBaseT delivers uncompressed high
definition video, audio, Internet, control signals and up to 100 watts of
power.

Presently, Valens owns more than 40 industry recognized patents, its customers
include the world’s leading pro AV and consumer electronics manufacturers, and
there are hundreds of HDBaseT enabled products, empowered by Valens chipset.

Red Herring’s editorial staff evaluated the companies on both quantitative and
qualitative criteria, such as financial performance, technological innovation,
management quality, overall business strategy and market penetration. This
assessment was complemented by a review of the track records and standings of
similar startups in the same verticals, 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.

“Receiving the Red Herring Europe Top 100 Award validates our on-going efforts
to re-define the future of multimedia transmission and data communication in
the professional and consumer electronics industries,” said Dror Jerushalmi,
CEO of Valens. “In a very short time, Valens HDBaseT technology has
established itself as the new global standard for digital connectivity.”

Valens is also a co-founder of the HDBaseT Alliance, with LG Electronics,
Samsung and Sony Pictures, a cross-industry consortium working to promote and
standardize HDBaseT technology.

About Valens

Valens provides semiconductor products for the distribution of uncompressed
high-definition (HD) multimedia content. The company's HDBaseT technology
enables long-reach connectivity of devices over a single 100m/328ft standard
CAT5e/6 LAN cable and is fast becoming the global standard for advanced
digital media distribution. Founded in 2006, Valens is a private company
Headquartered in Israel, with offices worldwide.

Contact:

Max Borges Agency for Valens
Michelle Valdivia, +1-305-374-4404 x166
michellevaldivia@maxborgesagency.com
 
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