BrickRed has been selected in top 200 companies as the forerunners for the Red Herring 100 Asia 2008 awards by Renowned magazine Red Herring Magazine.The awards are conferred on the most promising private technology companies from across the Asia/Pacific region. Previous winners include Google, Baidu, Skype and eBay. "The 200 finalists we selected from across 16 countries and regions are all excellent contenders," said Joel Dreyfuss, Editor-in-Chief of Red Herring. "They are exceptional companies who thrive on innovation and strongly define the important role of technology in Asia's economy and throughout the world."

Mr. Raj Singhal, COO BrickRed said, "We are delighted and honored to be a finalist, as it gives recognition to our strength of innovation and technology". Raj continued, "BrickRed touches another milestone today after been ranked among top 10 for commercial software by the Black Book of Outsourcing, recognition to our efforts by Red Herring this way gives us another reason to celebrate".

The finalists and winning companies will be celebrated at the Red Herring 100 Asia event in Hong Kong, on December 2-3, 2008. Red Herring 100 Asia is an exclusive event honoring 100 cutting-edge private technology companies from across the Asia-Pacific region. The event brings together an elite roster of entrepreneurial and global venture investment firms to showcase excellence in innovation. The names of the 200 companies shortlisted as finalists for the "Red Herring 100 Asia 2008" can be found online at: http://herringresearch.com/

About Red Herring
Red Herring is a global media company uniting the world's best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine; an online daily technology news service; technology research, and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. For more information, visit www.redherring.com