FXI Nominated a Finalist for 2012 Global Red Herring Award

TRONDHEIM, Norway--(BUSINESS WIRE)--FXI Technologies, pioneers of the any screen micro computer, announced today that it has been selected as a candidate for Red Herring's 2012 Top 100 Global award. The Red Herring editorial team selected the companies demonstrating the most innovative technologies and business models originating from over 1000 companies from over 40 nations.

“With our Cstick™ Cotton Candy™ any screen micro computer platform now in the hands of hundreds of companies and developers, we expect some sweet innovations to truly unfold and potentially create the next market after tablets.”

“Technology companies are becoming the bright spot in the economic outlook based on their increasing role within macro-economic environments,” stated Alex Vieux, Chairman of Red Herring. “FXI has performed exceptionally in its field and strongly deserves to be singled out as one of the Red Herring Global Finalists."

These companies are judged on a range of qualitative and quantitative metrics, including but not limited to, technology innovation, financial performance, growth criterion, management's execution standards, potential globalization of the strategy and market share improvement.

“It is a great honour to be nominated by the Red Herring editorial team for the Global 100,” said Borgar Ljosland, CEO of FXI. “With our Cstick™ Cotton Candy™ any screen micro computer platform now in the hands of hundreds of companies and developers, we expect some sweet innovations to truly unfold and potentially create the next market after tablets.”

The Finalists are invited to present their winning strategies at the Red Herring Global forum in Los Angeles, November 27-29 2012. The Top 100 winners will be announced at a special awards ceremony on November 29 at the event.

About FXI

FXI Technologies www.fxitech.com is a Norway-based hardware and software startup dedicated to making the world of digital screens smart and personal.

FXI Technologies and Cotton Candy are trademarks or registered trademarks of FXI Technologies. All other trademarks or trade names are the property of their respective owners.