ComiAsia Wins Prestigious "Red Herring 100 Asia" Award

ComiAsia, the leading Social Network Site for Comic Fans and Artists, has won the coveted "Red Herring 100 Asia" award. This recognizes the top 100 innovative technology firms in Asia.

Accepting the award at the Red Herring Asia 2007 conference in Hong Kong, Steve Melhuish, CEO of ComiAsia said, "We are delighted and proud to be selected for this prestigious award. This recognizes the success and hard work of the team to date. It is further endorsement of the only multi-platform comic-focused social network that ComiAsia is creating for passionate comic fans and aspiring artists everywhere."

"Red Herring 100 Asia" awards recognizes Asia's hottest private companies from a pool of more than 500 candidates in 16 countries across the region. As part of its short listing process, the editorial team of Red Herring evaluates companies based on both quantitative and qualitative criteria such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their ecosystem.

"After a rigorous process, we're very happy with winners we selected," said Joel Dreyfuss, Editor-in-Chief of Red Herring. "There was a large pool to choose from and we're impressed by the caliber an innovative talent bursting from Asia's business and technology sector. They are exceptional companies who thrive on innovation and strongly define the important role of technology in Asia’s economy and throughout the world."

The finalists and winning companies celebrated at the Red Herring 100 Asia event in Hong Kong last week. 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.

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.

The names of the 100 announced winners can be found online at
www.herringevents.com/asia07/index.html

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; Passionate fans hungry to consume new comic content and interact with other fans and artists; Suite of simple comic creation, publishing & community tools; Multiple platforms including interactive Contests, Web, Mobile & TV; Working with brands seeking exciting new ways to communicate intimately with their consumers.

It has offices in Singapore and Shenzhen and provides services to over 130 countries. For more, please visit www.comiasia.com or its beta site at www.comiworld.com.