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Software company Orion Health has capped off a good year with another award win.

Named a winner in the 2008 Red Herring Asia top 100 award for technology companies, the victory places the Mt Eden company among the top 100 private tech companies in the region.

It was the only New Zealand company to win, although Auckland-based Precept Health was also a finalist.

The awards, in their 10th year, are judged by global IT media company Red Herring's editorial team. Entrants are evaluated on criteria such as financial performance, innovation, quality of management and the execution of strategy.

Winners receive a profile boost by featuring in a special edition of Red Herring magazine and online.

Orion chief executive Ian McCrae said the win was a recognition of the innovation and smart technology coming out of New Zealand.

Last year, the company was named exporter of the year at the Air New Zealand Cargo Auckland Export Awards, and was the only New Zealand-owned company to make the list of top 100 healthcare IT companies in the US, coming 70th.

The company has more than 1000 clients around the world, including the Auckland District Health Board, Ministry of Health, and the US Centres for Disease Control and Prevention.

Last May, it announced a consolidated gross revenue of $53 million for the 2007-08 financial year, becoming New Zealand's largest locally owned software exporter.