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Puppet Labs Named a Finalist for the 2012 Red Herring 100 Global Award

PORTLAND, OR -- (Marketwire) -- 11/14/12 -- Puppet Labs, the leading provider of IT automation software for system administrators, today announced that it has been selected as a candidate for Red Herring's 2012 Top 100 Global award, a prestigious recognition honoring the year's most audacious and far-reaching private technology companies and entrepreneurs from across the globe.

The Red Herring editorial team selected the companies demonstrating the most innovative technologies and business models originating from over 1000 companies from over 40 nations. These companies are judged on a range of qualitative and quantitative metrics, including, but not limited to, technology innovation, financial performance, growth criterion, management's execution standards, potential globalization of the strategy and market share improvement.

"Technology companies are becoming the bright spot in the economic outlook based on their increasing role within macro-economic environments," stated Alex Vieux, Chairman of Red Herring. "2012 has confirmed the sector's vibrant activity and its resilience to widespread economic problems. An unprecedented number of entrepreneurs are attempting to jump ahead of the competition and aspire to make a difference. Breakthroughs obsolete each other faster than ever before. Puppet Labs has performed exceptionally in its field and strongly deserves to be singled out as one of the Red Herring Global Finalists. At this stage, we are left with the daunting task to select the best qualified companies for the 2012 Top 100 Global Award."

"Puppet Labs is honored to be amongst some of the most promising and innovative global startups," said Luke Kanies, Puppet Labs CEO. "Our selection is further confirmation that as more organizations move to the cloud or a virtualized environment, sysadmins need better automation tools in order to be successful, and we fulfill this need."

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About Puppet Labs
Puppet Labs, Inc. is the leader in IT automation and software-defined infrastructure. Puppet Labs' software provides system administrators the operational agility, efficiency and insight they need to proactively manage dynamic infrastructure, scaling from tens of servers to thousands, on-premise or in the cloud. Thousands of the world's leading organizations are using Puppet Labs' software to configure and manage their IT infrastructure, including Citrix, eBay, NYSE, Match.com, Oracle/Sun, Shopzilla, and Zynga. Now numbering more than 100 employees and based in Portland, Oregon, Puppet Labs is backed by investors Kleiner Perkins Caufield & Byers, Google Ventures, VMware, Cisco, True Ventures, Radar Partners, and Emerson Street Partners. To learn more, please visit www.puppetlabs.com.

Puppet Labs and Puppet are trademarks of Puppet Labs Inc. All other company and product names mentioned are used only for identification purposes and may be trademarks or registered trademarks of their respective companies.

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