SCOTTSDALE, AZ – GPS Insight, a leading technology provider of GPS tracking solutions for commercial and government fleets, 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, representing past Red Herring Asia, Europe and North America awards, 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. GPS Insight 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."

Rob Donat, Founder & CEO of GPS Insight, stated, “GPS Insight is thrilled to be chosen as a Red Herring Top 100 Global finalist. Knowing how diligent the Red Herring team is in researching top companies, it is a real honor to be chosen as a global finalist after being selected as a Red Herring Top 100 North America recipient earlier this year. I look forward to this exceptional conference in December. There, all participants will have an opportunity to learn more about other nominees and share ideas and experiences which span the globe and many different business sectors.”

The Finalists are invited to present their winning strategies at the Red Herring Global forum in Los Angeles, November 27-29 2012. The Top 100 winners will be announced at a special awards ceremony on November 29 at the event.