Red Herring Releases List of 200 Finalists for the "Red Herring 100 Asia" Awards 2007

The Most-Promising Private Technology Ventures to be Celebrated at Event in Hong Kong

San Francisco, CA, August 14, 2007 – Red Herring Magazine announced today that ComiAsia has been short listed frontrunners of the Red Herring 100 Asia 2007 awards. The top 100 winners will be announced at the Red Herring 100 Asia event in Hong Kong, on August 29-31.

The Red Herring editorial team carefully selected the finalists based on criteria such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their ecosystem.

The 200 finalists are based in 16 countries/regions including China, India, Japan, Singapore, Korea, Australia and Vietnam. The names of the 200 companies short-listed as finalists for the "Red Herring 100 Asia 2007" can be found online at http://www.herringevents.com/asia07/index.html

"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."

"We are delighted to be selected as a finalist" said Steve Melhuish, CEO of ComiAsia. "This recognizes the success and hard work of the team to date. It is further validation of the multi-platform comics-focused social network market that ComiAsia is creating. We look forward to further cementing this leadership position over the coming year."

The finalists and winning companies will be celebrated at the Red Herring 100 Asia event in Hong Kong, on August 29-31. 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. It features three days of keynote discussions, roundtable panels and intimate networking events designed for participants to make connections and learn what it takes to achieve the best in business and technology in Asia.

Distinguished speakers on Red Herring 100 Asia include Richard Li, Chairman of PCCW; SeHyun Oh , Chairman of SK Telcom, John Chen, Chairman of Sybase, Victor Koo, CEO of Youku.com (former President of Sohu.com); James Ding, Chairman of AsiaInfo, John Hummelstad, Apac Director of Microsoft Venture and many others. For a full list of Red Herring 100 Asia speakers, visit http://www.herringevents.com/asia07/speakers.html.
Register for RH 100 Asia at http://www.herringevents.com/asia07/index.html

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.

About ComiAsia
ComiAsia is the leading user-generated comics community… for fans by fans. It brings together Independent comic artists wanting to create, publish and share their content; Comic fans hungry to consume new content and interact with other fans and artists; Suite of simple comic creation, publishing & community tools; Across multiple platforms (interactive Contests, Web, Mobile & TV). It has offices in Singapore and Shenzhen and provides services to over 130 countries. For more, please visit www.comiasia.com or its new beta site at www.comiworld.com