Recognized for leadership in emerging technology
Pleasanton, CA- July 12, 2006 — Pronto Networks, a leading provider of carrier-class OSS solutions for large Wi-Fi hotspot and hotzone networks, today announced that it has been chosen by AlwaysOn as one of the Top 100 Private Company award winners. Pronto Networks was handpicked by the AlwaysOn editorial panel based on a set of five criteria – technology innovation, market potential, customer adoption, media buzz and investor value creation.
Pronto Networks and the AO100 will be honored as part of the AO2006: Stanford Summit, July 25-27, at the Frances C. Arrillaga Alumni Center on the Stanford University campus in Palo Alto, California. It will bring together successful entrepreneurs, business and political thought leaders, and top venture capitalists to spot trends and spark new ideas and initiatives.
The AO100 was selected from over 1,000 companies, peer-nominated by leading venture capitalists, investment bankers and industry analysts. The AO100 consists of private companies at all stages of development, from early to late stage.
“The AO100 companies are driving the next wave of innovative technologies that are disrupting the old guard and shaping the new media landscape,” said Tony Perkins, founder of AlwaysOn. “As ever, we were inundated with nominations from leading companies, and it’s heartening to know that tomorrow’s thought leaders and technology visionaries are already out there. My congratulations to each AO100 winner – these are the companies which we predict will have the greatest market traction, strongest innovation and most game-changing approaches this year.”.
“Being honored by AlwaysOn is always a tremendous accomplishment.” said CEO Jasbir Singh, “with our plug and play solution, Pronto has been able to provide its users with, fast, easy, and reliable service that is unmatched. We will continue to remain focused and enhance our solution to provide our customers with even more.”
A full list of all the AO100 companies can be found on the AlwaysOn website at: http://stanfordsummit.goingon.com/permalink/post/866
About Pronto Networks
Pronto Networks, based in Pleasanton, California, provides carrier-class Operations Support Systems (OSS) that enables network operators to deploy and manage large public hot spot and hot zone networks. The company’s software handles provisioning, configuration, authentication, access control, security, pre-paid and post-paid billing, and roaming settlement for large public WLAN networks, in addition to remotely managing and updating multi-vendor hardware and Wi-Fi switches. Pronto Networks is funded by BV Capital, Draper Fisher Jurvetson and the Intel Communications Fund. For more information about Pronto Networks, please visit www.prontonetworks.com
AlwaysOn is transforming the communication business with its online blogging network; establishing it as a leader in the open media revolution. Borrowing on the underground blogging and social networking traditions, AlwaysOn (www.alwayson-network.com) was launched in 2003. Today, AlwaysOn’s annual Summit @ Stanford and OnHollywood events, print “blogozine” and online services encourage direct collaboration between the global thought leaders and technology insiders whose ideas and innovations are shaping the always-on world.
AlwaysOn, LLC , is a privately held and virtually headquartered company born out of the heart of Silicon Valley.
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