CommProve has been named a finalist for Red Herring’s Europe 100 award, a prestigious list honoring the year’s most promising private technology ventures from the world European business region.

The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Europe. 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.

“This year was especially difficult,” said Alex Vieux, publisher and CEO of Red Herring. “Despite the global economic situation, there were many great companies producing really innovative and amazing products that we had a difficult time narrowing the pool and selecting the finalists. CommProve shows great promise therefore deserves to be among the Finalists. Now we’re faced with the difficult task of selecting the Top 100 winners of Red Herring Europe award. We know that this year’s crop will grow into some amazing companies that are sure to go far.”

“We are proud to be selected for such a prestigious award,” said Lars Pedersen, CEO of CommProve. “It confirms our continuous engagement of being at the forefront of technology to provide operators with a true end-to-end wireless network monitoring solution enabling them a profound insight into their networks and services.”

The Finalists are invited to present their winning strategies at the Red Herring Europe Conference in Paris, May 25-27, 2010. The Top 100 winners will be announced at a special awards ceremony on May 27 at the event.