RED HERRING AWARDS PREMIUMSOFT CYBTERTECH LIMITED FOR THE 2008 RED HERRING ASIA 100
Award Recognizes the 100 "Most Promising" Asian Companies Driving the Future of Technology

HONG KONG, December 24, 2008 /24-7PressRelease/ -- December 8, 2008¡X Red Herring today announced that PremiumSoft CyberTech Limited was a winner of the Red Herring 100 Award, a selection of the 100 most innovative private technology companies based in Asia.

The Red Herring editorial board diligently surveyed the entrepreneurial scene throughout Asia and identified the top 100 out of more than 1,000 closely evaluated companies that are leading the next wave of innovation.

¡§Our winners and Finalists demonstrate that Asia is increasingly becoming a leader in innovation, contrary to common stereotypes," said Joel Dreyfuss, editor-in-chief of Red Herring." It was tough to choose just the top 100 finalists from such a large list of excellent contenders, and we are very happy with the quality of the companies we selected as finalists."

PremiumSoft CyberTech Limited¡¦s flagship product, Navicat, is a database administration tool for MySQL, Oracle and PostgreSQL. It reduces the workload of database administrators and improves database operational efficiency.

¡§We appreciate this nomination which recognizes PremiumSoft¡¦s devotion on developing software which enhances the productivity of web developers and database administrators.¡¨ said Ken Lin, Director of PremiumSoft.

The 100 winning companies have been announced at the Red Herring Asia event in Hong Kong. The CEOs of the winning startups presented their innovative ideas and technologies to an audience of leading entrepreneurs, financiers, and corporate strategists at the event at the Hong Kong JW Marriott Hotel earlier this week. For the full list of Red Herring Asia winners please go to:
http://herringresearch.com/eventspace/blgtrx_event_home/asia08/redherring100.html


About Red Herring
Red Herring is a global media company, which unites 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. More information about Red Herring is available on the Internet at www.redherring.com.

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