Red Herring, a widely respected body for providing intelligent and definitive insights into the future technology trends, included Newgen among the top 200 technology companies in Asia. A number of companies from Japan, South Korea, Australia, China, Taiwan, Singapore, India and whole of Asia were in the race for the coveted recognition. The top 200 were selected on various factors such as financials, management, and overall strategic integration into the marketplace. The recognition puts Newgen as one of the hottest upcoming technology companies in Asia.

The ceremony for honoring the winners was held in Hong Kong during Aug 28-30. Red Herring has been diligently identifying technology companies that have changed the business landscape in America, Europe and Asia.