tenCube Wins Innovation Award in China

tenCube, a local mobile security company, has just reached another milestone in their growth. In March, they were awarded a prize for Most Innovative Company in China Mobile Research Institute’s Innovation Competition, distinguishing themselves from the 110 teams and 150 submissions received from all over China.

China Mobile Research Institute hosted the award ceremony in Beijing. In his speech, Bill Huang, General Manager of the institute expressed hopes for greater collaboration, especially amongst the small and medium enterprises, to enable to creation of greater social utility and economic value.

The competition attracted wide interest from industry leaders in wireless technologies and is a positive step in encouraging further innovation in China. A further sign of interest in the Chinese market can be seen in the presence of Taiwanese companies at the award event, observing the new initiatives from their Chinese counterparts.

In their acceptance speech (in Mandarin), tenCube shared about their efforts to enhance mobile security through their flagship product, WaveSecure. This allows a user to protect data on their phone, track the phone’s location, and even remote-wipe the data stored, if the phone cannot be retrived. The popularity of WaveSecure reflects how well they have read the market’s demand for increased security–as they shared in Beijing, while the price of smartphones will continue to fall, the value of the devices will grow as consumers increasingly rely on them to manage their lives, and will therefore require greater control over what is stored on their phones.

SGE congratulates tenCube on their latest achievement. We believe that this is another step in the company gaining international recognition and increased traction. In the past six months, the company has attracted much attention with its flagship product, WaveSecure, winning the Google Android Challenge 2 in November 2009, as well as One97, India’s leading telecom applications service provider, making its announcement of making a strategic investment earlier in 2010. Given that this is only May, what else could be in store for this five-year old company? Watch this space!

(WaveSecure was also recently featured on Fox 25, where it was revealed that prostitutes and pimps were using the product to erase data when caught by police!)

Related posts:

1. A Roundup for TenCube in 2009 – WaveSecure & Android for Life
2. tenCube To Be Acquired By McAfee
3. India’s Leading Telecom App Services Provider One97 Makes Strategic Investment In tenCube
4. tenCube To Talk About Their Android Developer Challenge Wins
5. Press Release: tenCube Launches WaveSecure – Revolutionary Mobile Phone Security Service