TRUPHONE IS A "RED HERRING 100 Global" Award Winner

Truphone is a "Red Herring 100 Global" Award Winner

Red Herring Magazine has announced that Truphone has won a Red Herring 100 Global 2007 award. Some 1800 companies - Red Herring 100 winners and finalists from North America, Europe and Asia in the last three years - were eligible for the awards, which celebrate the world's most promising private technology ventures.

James Tagg, Truphone's CEO, said: "Truphone is on a mission to create the mobile operator for the internet age. This award is a welcome acknowledgment of what we're doing and how we're going about it."

The Red Herring editorial team used a very competitive process to whittle down the pool of 1800 eligible promising companies to the 100 winners of this first-time award. Evaluations were made on both quantitative and qualitative criteria such as financial performance, innovation, management, global strategy, and ecosystem integration. The winning companies were announced and celebrated at the Red Herring Global event in Seattle, USA, between December 3-5.

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 .