Red Herring has added Centric Software, Inc., to its prestigious Red Herring Top 100 List for North American companies for 2013.

The Red Herring Top 100 America award recognizes leading private companies from North America, celebrating the companies' innovations and technologies across their respective industries. Centric-provider of product lifecycle management (PLM) software for retail, apparel, footwear, luxury and consumer goods companies-achieved a spot in the list's Internet/Online sector, which includes business-to-business companies.

Drawing on outstanding entrepreneurs and promising companies, The Red Herring Top 100 selects a hundred award winners among the 3,000 tech companies financed each year in the United States and Canada. Since 1996, Red Herring has kept tabs on the up and comers. The publication's editors, it says, were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype,, YouTube, Marin Software, Palo Alto Networks, and eBay would change the way people live and work.

"In 2013, selecting the Top 100 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 have crossed significant milestones so early. But after much thought, rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the Top 100 Winners."

"We believe that Centric Software embodies the vision, drive and innovation that define a successful entrepreneurial venture," continued Vieux. "Centric should be proud of its accomplishment, as the competition was very strong."

Red Herring's editorial staff evaluated companies on both quantitative and qualitative criteria, including financial performance, technology innovation and intellectual property, management quality, business model, customer footprint and market penetration. Red Herring complements this assessment potential with a review of the track record and standing of companies relative to their sector peers, which it says makes the finalists' list a "valuable instrument for discovering and advocating the greatest business opportunities in the industry."

"The Red Herring Top 100 Award is a tremendous recognition of Centric's innovation and industry leadership in providing PLM software for retail, fashion, footwear, luxury and consumer goods companies," says Chris Groves, president and CEO of Centric Software. "The award truly distinguishes Centric, and acknowledges many of the company's key achievements, such as its customer acquisition track record, recognition as best-in-class PLM product, industry-first mobile apps, Agile DeploymentSM implementation methodology and rapid customer return on investment."