Azuri Technologies Named in Red Herring Top 100 Europe

Azuri recognised as one of Europe’s leading private companies for
technology and innovation

CAMBRIDGE, England–(BUSINESS WIRE)–Azuri Technologies, a leading commercial provider of PayGo Solar Home
Systems for rural off-grid homes, was named in the Red
Herring Top 100 Europe. A prestigious list honouring the year’s most
promising private technology ventures from the European business region.

The Red Herring editorial team selected the most innovative companies
from a pool of hundreds from across Europe. The nominees were evaluated
on a quantitative and qualitative criterion, which included disruptive
impact, market footprint, proof of concept, financial performance,
technology innovation, social value, quality of management, execution of
strategy, and integration into their respective industries.

“In 2018, selecting the top achievers was by no means a small feat,”
said Alex Vieux, publisher and CEO of Red Herring. “In fact, we had the
toughest time in years because so many entrepreneurs had crossed
significant milestones so early in the European tech ecosystem. But
after much thought, rigorous contemplation and discussion, we narrowed
our list down from hundreds of candidates from across Europe to the Top
100 Winners. We believe Azuri Technologies embodies the vision,
drive and innovation that define a successful entrepreneurial
venture. Azuri Technologies should be proud of its accomplishment, as
the competition was very strong.”

The Red Herring Top 100 Europe award were selected based upon their
technological innovation, management strength, market size, investor
record, customer acquisition, and financial health. During the months
leading up to the announcement, Red Herring reviewed over 1200 companies
from numerous industries.

Azuri Technologies CEO, Simon Bransfield Garth comments: "We are
delighted to be recognised by Red Herring for our innovative technology
and our social impact.”

— ENDS

About Azuri Technologies Ltd.

Azuri Technologies is a leading commercial provider of PayGo Solar Home
Systems to rural off-grid communities. With the widest reach of any
provider across East and West Africa, Azuri is leveraging solar and
mobile technology to allow users in 12 different countries to access
renewable, distributed power on a pay-as-you-go basis. Azuri has offices
in Nairobi (Kenya), Lagos (Nigeria), and Cambridge (U.K.), with regional
offices in Dar es Salaam (Tanzania), Lusaka, (Zambia) and Kampala
(Uganda).

For more information, please visit: www.azuri-technologies.com

For further information, please contact:

Contacts

Azuri Technologies Ltd
Lauren McIntosh
[email protected]