Wellington – 8 September 2014 – TourWriter, the Software company developed for inbound tour operators, announced today it was recently selected as a finalist in the Red Herring’s Top 100 Asia award, a prestigious list honoring the year’s 100 most promising private technology ventures from the Asia Pacific business region.
The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Asia, Australasia and the Pacific. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technological innovation, quality of management, execution of strategy, and integration into their respective industries.
This unique assessment of potential is complemented by a review of company track records and standings, which allows Red Herring to see past the “buzz” and make the list a valuable tool for discovering and advocating for the best business opportunities in the industry.
“Entrepreneurship in Asia has reached an inflexion point, and as a result Red Herring Asia 2013, has shifted into a new phase,” said Alex Vieux, publisher and CEO of Red Herring. ” A second generation of entrepreneurs with CEO backgrounds is emerging and their execution skills and global ambitions lead to restless growth and amazing journeys. As importantly, we are seeing more companies from countries once absent from innovation circles. TourWriter shows great promise and therefore deserves to be among the finalists. Now we’re faced with the difficult task of selecting the Top 100 winners of Red Herring Asia. We know that the 2013 crop will reward us for long and continued efforts in scouting disruptive companies in Asia. The wealth of talent and achievements displayed by Red Herring Asia finalists is an excellent predictor for the new world rising.”
The finalists presented their winning strategies at the Red Herring Asia Forum in Hong Kong, August 25-27, 2014, and TourWriter was selected as one of The Top 100 winners at a special awards ceremony the evening of Sept. 5 at the event and is now will be measured against the worlds best at the Global Red Herring awards in in Los Angeles in November, as part of the “best in show” gathering.
TourWriter’s Managing Director Glenn Campbell commented “I am thrilled for TourWriter to have been recognized as 1 of only 2 software companies from New Zealand, and the only one from the Tourism industry. The award is recognition for not only it’s rapid growth (now being in 30 countries, having picked up some great clients such as Tourism New Zealand), but also it’s business strategy and management. Looking ahead, TourWriter have some exciting developments on the way as they begin development of a Mobile Itinerary App that will enable travellers to see their itineraries on their devices as they travel and communicate with the Tour operator via their device. The long term intention is to allow the travelers to also book relevant optional activities, restaurants and accommodation as they travel – with the Tour Operator being able to gain recognition for the incremental business they bring to the operators.”