KACE Selected as Finalist for 2008 ``Red Herring North America 100'' Awards


KACE™, the leading systems management appliance company, today announced it has been named a finalist for the Red Herring 100 Awards, a selection of the 100 most innovative private technology companies based in North America. “This recognition validates the innovation and impact of our KBOX appliances,” said Rob Meinhardt, CEO and co-founder of KACE. “Being named among the ‘most promising’ for the future of technology is a feather in our cap. Our unique approach to systems management via comprehensive, easy-to-use, and affordable appliances continues to attract admirers among IT administrators who struggle with increasing management and security challenges. The KBOX was designed to make it possible for organizations of all sizes to tackle these challenges without the excessive cost or complexity of traditional software-only solutions.” The Red Herring editorial board identified finalists by diligently surveying the entrepreneurial landscape throughout North America and selected the top 200, out of more than 800 closely evaluated companies that are leading the next wave of innovation. “We can see the exciting evolution of the technology sector reflected in the quality and variety of exceptional companies that we had to choose from in putting our list together,” said Joel Dreyfuss, editor-in-chief of Red Herring magazine. “It was tough to choose just 200 finalists from such a large list of excellent contenders, and we are very happy with the quality of the companies we selected as finalists.” The 100 winning companies will be announced at the Red Herring North America event next month. CEOs from the winning startups will present their innovative ideas and technologies to an audience of leading entrepreneurs, financiers, and corporate strategists in San Jose, on May 12-14, at the Fairmont Hotel. This year’s Red Herring 100 North America event marks the 11th anniversary of the awards. In celebration, the event will feature keynote addresses from legendary VC investors and CEOs of leading Internet, information, and communications companies. KACE’s recognition as a finalist for the North America Red Herring 100 is the latest in a long list of recent successes. KACE was just named a 2008 Gartner “Cool Vendor in IT Support,” and in February was named a finalist for the prestigious 2008 CODiE Awards. These awards cap an extraordinary 2007, with a 300 percent increase in revenues and the addition of more than 250 new customers worldwide. As demonstration of KACE’s technology innovations, in February the company launched the Virtual KBOX family of appliances, the industry’s first virtual appliance for systems management. Just last week, the company launched a major upgrade to its KBOX™ Systems Management and Deployment Family of Appliances. KACE has also been acknowledged for their efforts in “green” IT, selected by Canada’s BC Hydro as an approved “Power Smart Vendor” for its configuration management and Wake-on-LAN capabilities. KACE helps customers save time and money. Systems managers are often forced to wear many hats throughout the day to work on a myriad of IT functions. KACE helps consolidate these functions by providing a single appliance for all projects, while delivering easy-to-use, comprehensive systems management that is affordable. The KBOX family of appliances fulfills all of the systems management needs of a medium enterprise from initial computer deployment to ongoing management and retirement. About Red Herring Red Herring is a global media company which unites the world’s best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider’s access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available on the Internet at www.redherring.com. About KACE™ KACE™ is the leading systems management appliance company. The award-winning KBOX™ family of appliances delivers easy-to-use, comprehensive systems management capabilities. KACE customers usually install in one day at one-third the cost of software alternatives. KACE is headquartered in Mountain View, California. To learn more about KACE and its product offerings, please visit http://www.kace.com or call 1-877-MGMT-DONE. Helpful Links: * KBOX 1000 Series Systems Management Appliances (http://www.kace.com/products/kbox1000.php) * KBOX 2000 Series Systems Deployment Appliances (http://www.kace.com/products/kbox2000.php) * Virtual KBOX Appliances (http://www.kace.com/V-KBOX)