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Orasi Medical Wins Red Herring 100 North America Award
Date:5/20/2009

EDINA, Minn., May 20 /PRNewswire/ -- Orasi Medical, Inc., the provider of novel software technology to diagnose and track the progression of neurological disorders, announced today that the Company was named a winner of the "Red Herring 100 North America" award, a prestigious list honoring the year's most promising private technology ventures in North America.

"We are excited to be recognized by Red Herring, and honored to share this award with some of the most talented and innovative companies in North America," said Orasi CEO, Shawn Lyndon. "This has been a great start to 2009 for Orasi given the recent closing of our Series B financing and the excellent results from our latest Alzheimer's disease and multiple sclerosis clinical trials. We believe that the combination of a software as a service business model coupled with the proprietary technology licensed from the University of Minnesota, positions Orasi Medical for an exciting future assisting pharmaceutical companies to better measure the effect of drugs and aiding clinicians in diagnosing neurological diseases."

Lyndon joined other CEOs from across the country that presented on their respective companies during the conference. A panel of judges made the decision from a range of criteria, including these presentations. Earlier this year, the Red Herring editorial team selected the most innovative companies from a pool of 1,200. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.

This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the "buzz" and make the list an invaluable instrument for discovering and advocating the greatest business opportunities in the industry.


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SOURCE Orasi Medical, Inc.
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