Red Herring Reveals Companies Selected For the Red Herring 100 Asia 2008

Award Recognizes BI Software Provider MAIA Intelligence among the 100 “Most Promising” Companies Driving the Future of Technology

Red Herring announced that MAIA Intelligence, one and only provider of powerful business intelligence software products, is a Finalist for the Red Herring 100 Award, a selection of the 100 private companies based in Asia that play a leading role in innovation and technology. The Red Herring editorial board diligently surveyed the entrepreneurial scene throughout Asian region and identified the top 200 out of hundreds of closely evaluated companies that are leading the next wave of innovation.

"The finalists we selected from across 16 countries and regions including China, India, Japan, Singapore, South Korea, Australia and Vietnam 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."

"This recognition is a true testament of the innovativeness, reliability and global acceptance of our path breaking BI and reporting tools suite of products," said Sanjay Mehta, chief executive officer, MAIA Intelligence. "With the enhanced visibility achieved through this recognition we hope to drive higher adoption of innovative, easy to implement and even more easier to use BI tools for functional line managers, in both home and overseas markets. It gives us immense pleasure for having been selected as Red Herring 100 Asia Finalist Company. The nomination shows that our hard work has been noticed and appreciated by the industry", said Sanjay. "This is an ideal start for MAIA Intelligence as we look forward to achieving more milestones in the future. We believe this nomination will open up avenues for further growth of the company", he further added.

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 newsletters, 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.

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