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Alfresco Software Named a &aposRed Herring 100 Global&apos Award Winner

LONDON, Dec. 10 /PRNewswire/ -- Alfresco Software, Inc., the leader in open source enterprise content management (ECM), announced today that it has been selected as a winner of the Red Herring 100 Global Award. The awards span all areas of technology including biosciences, communications, computing and software; Alfresco was one of eighteen software winners.

LONDON, Dec. 10 /PRNewswire/ — Alfresco Software, Inc., the leader in open source enterprise content management (ECM), announced today that it has been selected as a winner of the Red Herring 100 Global Award. The awards span all areas of technology including biosciences, communications, computing and software; Alfresco was one of eighteen software winners.

Red Herring 100 winners and finalists from North America, Europe and Asia of the last three years were eligible for this award. The Red Herring editorial team used a very competitive process to whittle down this pool of 1800 eligible promising companies to the 100 winners of this first-time award. Evaluations were made on both quantitative and qualitative criteria such as financial performance, innovation, management, global strategy, and ecosystem integration.

"The Alfresco team is very proud to be selected as a winner of this prestigious award," said John Powell, CEO of Alfresco Software. "Red Herring's designation is further validation of our success and Alfresco's leading position in Open Source Enterprise Content Management."

Alfresco has seen major adoption of its open source ECM system throughout the world. The company now has more than 300 customers, including the American Stock Exchange, Boise Cascade, Christian Science Monitor, Informa and the Nebraska State Legislature. The community version of Alfresco's open source ECM has been downloaded over 700,000 times. Earlier this month Alfresco announced the launch of its innovate Open Source Social Computing Platform.

Alfresco can be downloaded from http://www.alfresco.com/products/ecm/enttrial/

The winning companies were announced and celebrated at the Red Herring Global event in Seattle, WA, on December 3-5.

About Alfresco Software, Inc.

Alfresco Software is the first and leading open source alternative for enterprise content management. It is the first company to bring the power of open source to the enterprise content management market, enabling unprecedented scale and a much lower total cost of ownership than proprietary systems. Founded by a team of content management veterans that includes the co-founder of Documentum, John Newton, and former COO of Business Objects, John Powell, Alfresco is based in London. For more information, visit http://www.alfrescosoftware.com/.

About Red Herring

Red Herring is a global media company uniting 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 research, 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. For more information, visit http://www.redherring.com.

Contact at Red Herring: Jordy Brazier, Senior Manager Tel: + 1 650 585 3524 Email: jbrazier@redherring.com Media Contact Information and Accreditation: Xenia Von Wedel Terpin Communication Inc. for Red Herring Tel: + 1 310 821 6100 Email: xenia@terpin.com

SOURCE Alfresco Software, Inc.

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