Confidex Named a Winner for Inaugural 2010 Bully Award

Confidex Ltd. was named as a Longhorn winner for the inaugural 2010 Bully Award honoring the leading European technology, media and telecommunications (TMT) companies as presented by White Bull Summits.

A total of 60 European companies were named as finalists for the 2010 Bully Award, and 30 were honored as winners. The deserving winners were selected from a pool of entries that included hundreds of nominated European TMT companies.

The winners fall into three categories:

* Yearlings: Firms that seek or have received angel/seed rounds or equivalent; classic start-ups.
* Young Bulls: Firms that seek or have received Series A financing; early stage companies.
* Longhorns: Post Series A firms; growth stage companies.

“The Bully Award winners were selected for innovation and values of excellence in the TMT sector,” stated Farley Duvall, founder and chairman of White Bull Summits. “Each of the Bully Award winners have been recognized as a leader in their field, with a bright business proposition and meaningful market strategies, driven by a rich understanding of customer needs and technological solutions.”

“We’re thrilled and honored to be named a Bully Award winner, and to be recognized as one of the leading TMT companies in Europe,” stated Timo Lindström, CEO Confidex Ltd. “It’s validating to be named a winner for this prestigious award, and we accept and share it with the entire Confidex company and community.”

“We searched for the ‘wily beast’ we believe lives inside all successful businesses,” added Duvall. “We very carefully reviewed seed, angel, early-­stage and growth-­stage companies, and selected 30 winners that we believe have demonstrated clear potential for further growth, including a high probability for exit in the next few years.”