“The companies Tornado Insider selected are Europe’s technology stars,” said Niels Valkering, Tornado Insider’s Head of Research. “Combining internal analysis with advice from industry specialists, we identified the elite of Europe’s high-tech entrepreneurial vanguard, appreciating excellence both in innovative, commercial and financial performance. Watch these companies in 2005, as the technology they are commercializing today will change tomorrow’s trends.”
“We are honoured to be recognized by Tornado Insider as one of the Top 100 start-ups in Europe,” said Jukka Riivari, President and CEO of Meridea. “This award acknowledges the impact our solutions are having in the marketplace. It underlines that our mobile banking software is the most advanced and the one most likely to change the shape of mobile banking
across the world. The fast growth of this sector is evidenced by our announcement today, of five new licenses for European and Asian banks. We will reveal the names after the solutions have been deployed. However, being identified a 2004 Tornado100 Winner is a great compliment which will help us generate more visibility internationally.”
The 2004 Tornado100 list can be found on the website of Tornado Insider (www.tornado-insider.com), and includes a profile of Meridea and the other 99 most promising and innovative emerging companies in the European IT and biotech sectors.
The selection of the 2004 Tornado100 Winners from thousands of candidates was judged according to the following criteria:
- Delivering an innovation that shows the promise to set new
- Creating a major new audience
- Supplying a key piece of the ICT infrastructure
- Commanding a significant customer base
- Having the potential to become a global brand or standard
- Influencing a major market
- Receiving a significant amount of funding
- Having a strong valuation for a lucrative exit
- Having a management with previous successful exit experience
The list was announced during the Tornado Insider/World Financial Symposiums T100 Leadership Forum on January 26th, 2005 in London.
About Meridea – www.meridea.com
Meridea Financial Software Ltd. is a mobile customer services provider. It
helps organisations exploit mobility and enhance the quality of their
customer relationships. Meridea is owned by Nokia, Accenture, Sampo, 3i
and Nordic Venture Partners. Headquartered in Helsinki, Meridea operates in Europe, Asia and North America.