MeritTrac Named as `Red Herring 100 Asia` Award Winner for 2007

Released on = August 31, 2007, 5:35 am

Press Release Author = MeritTrac Services

Industry = Human Resources

Press Release Summary = MeritTrac Services, India\'s largest skills assessments
company, has bagged the coveted \"Red Herring 100 Asia\" award. The award recognizes
the 100 Private Asian firms driving the future of technology.





Press Release Body = Bangalore , August 31, 2007: MeritTrac Services, India\'s
largest skills assessments company, has bagged the coveted \"Red Herring 100 Asia\"
award. The award recognizes the 100 Private Asian firms driving the future of
technology.



Personally accepting the award at the Red Herring Asia 2007 conference, at Hong
Kong, China, Madan Padaki, Co-founder & CEO, MeritTrac, said, \"We are extremely
proud to be chosen on the exclusive list of 100 companies in Asia by Red Herring.
Being a pioneer and leader, we believe that this award is another endorsement of the
importance of assessments across sectors today. It is also a recognition of the
technology & process innovation that we have brought to the talent engagement
space.\"



It may be noted that Red Herring 100 Asia awards recognizes Asia\'s hottest Private
companies from a pool of more than 500 applicants based in 16 countries/regions
including China, India, Japan, Singapore, Korea, Australia and Vietnam. As part of
its short listing process, the editorial team of Red Herring rigorously evaluates
the companies based on both quantitative and qualitative criteria such as financial
performance, technology innovation, quality of management, execution of strategy,
and integration into their ecosystem.



\"After a rigorous evaluation process, we\'re very happy with winners we selected,\"
said Joel Dreyfuss, Editor-in-Chief of Red Herring. \"There was a large pool to
choose from and we\'re impressed by the caliber an innovative talent bursting from
Asia\'s business and technology sector.\"



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 www.redherring.com.

The names of the 200 companies short-listed as finalists for the Red Herring 100
Asia 2007 along with the 100 announced winners can be found online at
http://www.herringevents.com/asia07/index.html


About MeritTrac
MeritTrac is India\'s Largest Skills Assessment Company. MeritTrac designs and
delivers assessments to evaluate abilities, skills and knowledge for both corporate
& individual customers. Since its inception in 2000, MeritTrac has assessed over 2
million candidates for over 150 clients across 75 cities pan-India for industry
verticals like IT, BPO, BFSI, Engineering, FMCG, Healthcare, Retail, Education,
Manufacturing & PSUs among others. MeritTrac is neither a Placement/Recruitment
agency nor a Training firm, and is uniquely positioned as an \"Independent\"
assessment company that provides quantitative inputs on the talent pool and helps in
measuring competencies for specific roles. Its suite of scientifically designed
assessments is used by corporates for pre-recruitment/employee assessments and by
individuals for measuring their skills for employability. MeritTrac\'s expert test
development team has generated over 75000 questions across 300 areas spanning
Communication Skills (English & other Indian Languages), General Abilities, Domains
Skills (Technologies, Engineering, Accounting, etc.) and Psychometrics. All tests
can be delivered in both online and offline modes under supervision. Online tests
are delivered using OnTrac-a proprietary web-based testing engine. The company
counts some of the world\'s most admired & respected companies like ABB, Accenture,
Aricent, Cholamandalam DBS, Cognizant, Google, HAL, Honeywell, HP, HSBC GLT, IBM,
ICICI Bank, ICICI Prudential, ITC, Microsoft, MindTree, NSE, SAP Labs, Satyam,
TESCO, Wipro and Wockhardt. A Manipal Education Group (MEG) investee company,
Bangalore-based MeritTrac has 450+ employees and 1000+ certified test administrators
operating out of offices in all the metros. MeritTrac also operates 21
state-of-the-art online testing centers \"MeritTrac Assessment Zones (MAZ)\" across 16
cities with 1300+ online terminals. MeritTrac assessments have been delivered in
Brazil, China, Costa Rica, Mauritius & Philippines. MeritTrac is represented by
business partners in the USA & the Philippines.





Web Site = http://

Contact Details = Saritha Shetty
PRHUB @080 22483007/ 8

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