Fremont: siliconindia, the premier magazine for business and technology which is published from Fremont, California has announced in its May edition, 'Top 10 most promising technology companies' founded or managed by Indians in the U.S.

The 10 promising technology companies include: Connectiva Systems, Jivox, Niksun, Parascale, Stoke, Truviso, Wavesat, WiChorus, Zyrion and Zmanda.

A distinguished panel comprising accomplished CEO's, VC's and analysts including siliconindia editorial board decided on the top 10 companies. Evaluations were made on both quantitative and qualitative criteria including technology product the company was building or the differentiated service offering, management pedigree, innovation, global strategy, customers and customer retention and venture funding.

"In the backdrop of current economic conditions, we're seeing a lot of innovative new companies taking on the established players with disruptive technologies and innovative business plans," said Harvi Sachar, founder and Editor-in-Chief of siliconindia. "The siliconindia Top 10 Most Promising Technology companies are pushing and breaking the boundaries of the technology business and we are excited to report on their success stories. These companies have a lot of momentum and will rise above the rest."

For detailed profiles of the 10 companies (as appeared in May 2009 issue of siliconindia) please click here: http://www.siliconindia.com/magazine/isd.php?IFC670950860