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LITHUANIAN "GETJAR"- AMONG TOP-100 MOST PROMISING IT COMPANIES

The Lithuanian and world's largest cross-platform app store based in Lithuania, the US and the UK, “GetJar", has been recognized as one of TOP-100 most promising IT companies in Europe, in the list of companies with maximum business and development potential, annually compiled and issued by an international innovation media group "Red Herring".

"This is an important assessment witnessing that our business strategy is right, and we have ample opportunities for further development - said "GetJar” founder and CEO Ilja Laurs. – “GetJar” is the first Lithuanian company, entering this prestigious list.”

According to the company leader, "GetJar” grows very rapidly - company’s website’s users download around 30 mobile applications for phones and games in 1 second. In a couple of weeks the total number of downloaded applications is expected to reach 1 billion.

“We see “GetJar” as an exceptionally state-of-the-art, dynamic and innovative business enterprise with a great potential” – says Alex Vieux, Executive Director of “Red Herring”.

"Red Herring’s" TOP-100 is composed mainly of companies from Great Britain (19), France (13), Germany (12), Finland (10), Sweden (10), and Israel (8). Nominating the most promising European IT company, "Red Herring" editors take into account company’s financial performance, technology innovation, management quality, business strategy, market penetration and others.

“Red Herring” editors were one of the first to identify the potential of such companies as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube and eBay, which have been substantially influencing world’s population’s working and living habits.