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Cornice Named a Red Herring Top 100 Private Company; Award Recognizes 100 Private Companies in North America That Drive the Technology Industry's Future.


LONGMONT, Colo. -- Cornice cornice (kôr`nĭs), molded or decorated projection that forms the crowning feature at the top of a building wall or other architectural element; specifically, the uppermost of the three principal members of the classic entablature, hence by  Inc., an innovator in compact high capacity storage, today announced that it has been named one of the Red Herring Red Herring

A preliminary registration statement that must be filed with the SEC describing a new issue of stock (IPO) and the prospects of the issuing company.

Notes:
 100 Private Companies of North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. .

"Five years after the dot-com bubble Refers to the late 1990s during which countless Internet companies were riding an enormous wave of enthusiasm that pushed their stock valuations into the stratosphere even though they never made a penny.  burst, innovation and entrepreneurship are thriving. The companies on this list are proof," said Red Herring editor-in-chief Joel Dreyfuss.

Cornice is a leader in compact, cost-effective, high-capacity storage solutions for pocket-able consumer electronics. The Cornice Storage Element is ideal for mobile consumer electronics, offering the performance, capacity, low-cost and durability requirements manufacturers need to introduce advanced, media-based handheld electronic devices. Packed into an affordable half-cubic-inch, the Cornice Storage Element contains one-fourth of the working components of traditional micro-disk drives, and offers the durability typically enjoyed by solid-state media.

Cornice has achieved first-to-market status in five separate categories with the Cornice Storage Element and continues to help drive innovation in the consumer electronics space. Cornice has emerged first in the digital video market, the pocket-able digital audio, personal storage (USB stick It typically refers to a flash-based USB drive, but may refer to a USB-based device that performs some other function such as a wireless adapter. See USB drive.  storage), GPS and mobile phone markets with customers NHJ NHJ Not Happy, Jan! (Australia advertising catchphrase)
NHJ Norma Holloway Johnson (judge) 
, Thomson (RCA See RCA connector and video/TV history. ), Digitalway, Garmin and Samsung.

"Across the consumer electronics industry, new functionality is putting additional demands on manufacturers to increase storage capacity of their devices -- from cell phones, to MP3 players, to PVRs and GPS devices," said David Feller, Vice President of Marketing, Cornice. "This award recognizes the pivotal role that Cornice will play enabling the mobile future that consumers envision."

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 The Plaza Hotel in New York City is a landmark 19-story luxury hotel with a height of 250 feet (76 m) and length of 400 feet that (122 m) occupies the west side of Grand Army Plaza, from which it derives its name, and extends along Central Park South in Manhattan.  in Monterey, California For other uses, see Monterey (disambiguation).
The City of Monterey is located on Monterey Bay along the Pacific coast in central California. As of 2005, the city population was 30,641.
.

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.

About Cornice

Cornice Inc. is the leading innovator in compact, low-cost, high-capacity storage that enables a new generation of pocket-able consumer electronic devices for the world's foremost brand-name manufacturers. The Cornice Storage Element (SE) is durable, integrated personal storage that brings new levels of affordability and content capacity to these devices. The Cornice SE is built into a wide variety of consumer products, including mobile phones, MP3 players, personal video recorders See DVR. , GPS devices and portable storage products. Cornice customers consist of the world's leading consumer electronics manufacturers, including Creative Labs, Garmin, iRiver, Philips, Rio, Samsung, Soniqcast, Sony and Thomson/RCA. Privately held, Cornice is headquartered in Longmont, Colorado The City of Longmont is a home rule municipality located in Boulder County and Weld County, Colorado, United States. Longmont is the 13th most populous city in the State of Colorado. The word "Longmont" comes from Longs Peak, a prominent mountain named for explorer Stephen H. , with integration centers in Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , Japan and Taiwan. Visit Cornice at http://www.corniceco.com/.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:May 11, 2005
Words:643
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