Hayward, Calif., – May 12, 2005 – Dust Networks, (www.dustnetworks.com), the leading provider of enterprise-class, low-power wireless mesh networking systems, today announced that it has been named one of the Red Herring 100 Private Companies of North America. "We're honored to receive this award from Red Herring - it is a great recognition of the impact Dust Networks' wireless mesh networking products are having on the market,” said Joy Weiss, President and CEO of Dust Networks. "Five years after the dot-com bubble burst, innovation and entrepreneurship are thriving. The companies on this list are proof,” said Red Herring editor-in-chief Joel Dreyfuss. Dust Networks' low-power wireless mesh networking systems are optimized to easily and reliably collect data about physical assets and environments-whether on factory floors, around building perimeters, in energy monitoring systems, or in a host of other areas. These completely wireless systems open up opportunities for companies to increase visibility into business operations and decisions, improve control and manageability of critical building or plant systems, and drive cost savings around using resources more intelligently or efficiently. From a building owner looking to reduce energy costs to a plant manager developing a proactive maintenance schedule, wireless sensor networks are driving a host of enterprise monitoring and control applications. Red Herring's lists of private companies are an important part of the magazine's tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google and eBay were spotted in their early days by Red Herring editors as those that would change the way we live and work. Red Herring's editorial staff rigorously evaluated more than 900 private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development. Red Herring 100 companies will be presenting their business model and strategy at the Red Herring Spring conference. Red Herring Spring will take place May 17-19 at the Monterey Plaza Hotel in Monterey, California. Dust Networks' Joy Weiss, President & CEO, will be at Red Herring Spring participating on a panel on "Emerging Technologies” and delivering a presentation on the applications of wireless sensor networks. For more information, please visit www.dustnetworks.com/news. About Dust Networks Dust Networks provides low-power wireless mesh networking systems to solution providers, integrators and OEMs for enterprise-class monitoring and control applications. Dust Networks' SmartMesh™ combines sophisticated mesh networking software and low-power wireless nodes to provide unmatched reliability, manageability and ease of implementation. SmartMesh enables unprecedented access to information about the physical world, allowing companies to monitor and control processes and systems for increased efficiency and enhanced profitability. For more information, please visit www.dustnetworks.com. About Red Herring Spring Red Herring Spring is an invitation-only event for CEOs, select senior executives, and Venture Capitalists. Themed 'The Dynamics of Disruptions', Red Herring Spring 2005 will bring together executives from mostly private companies. These executives will be joined by senior executives from public companies and Venture Capitalists. Please contact Sean Raman at 650.428.2900 or email sraman@redherring.com if you would like to request an invitation to Red Herring Spring. About Red Herring Red Herring is the weekly magazine technology entrepreneurs, investors and industry observers read to stay ahead of the curve and to be better informed about the global marketplace. Red Herring covers technology, innovation, financial strategies, important personalities and trends that are transforming the world of business with unique insight, opinion and forward-looking analysis. Readers turn to Red Herring for knowledge to make strategic decisions, build companies and create a competitive advantage for their businesses. Red Herring articles, blogs, research and event information can be found online at www.redherring.com. #### |
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