Red Herring, the international “must-read” technology publication, announced today it has selected Memonic as a finalist for Red Herring’s Europe 100 award, a prestigious list honoring the year’s most promising private technology ventures from Europe.

The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Europe. The nominees are 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.