Red Herring Reveals Companies Selected as Finalists for the Red Herring 100 Europe 2009

BERLIN, March 24 /PRNewswire/ -- Red Herring today announced that Oversi was named a Finalist of Red Herring 100 Europe, an award given to the top 100 private technology companies based in the EMEA (Europe, Middle East and Africa) region each year.

"This year's impressive list of submissions from companies demonstrates Europe's growing role as a major center of innovation in the global technology sector," said Red Herring Publisher, Alex Vieux. "The exceptional accomplishments of European technology startups and entrepreneurs are a testament to the rapid advancements being made in building the European innovation ecosystem."

"We are honored to be included in this prestigious list of companies. As a pioneer in caching technology for peer-to-peer and Internet video, we are proud that our commitment to innovation has been recognized in this way. Our goal is to bring true benefits to service providers worldwide by helping them to save on OPEX and CAPEX while delivering the best Internet video experience to their subscribers," said Oversi's President and CEO, David Tolub.

Red Herring's lists of top private companies are an important part of the publication's tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google, eBay, and Skype were spotted in their early days by Red Herring editors, and touted as leaders that would change the way we live and work.

Red Herring's editorial staff rigorously evaluated several hundred private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development.

Red Herring will honor the Red Herring 100 Europe Finalist companies at its Red Herring Europe 2009 Conference. Scheduled for March 31- April 2, at the Berlin Radisson Hotel. This intimate, 2 1/2 day event will explore how European firms are leading the charge in many technology sectors, gaining a competitive advantage, and driving entrepreneurial success in ways that create business opportunities for challengers and incumbents alike.

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 http://www.redherring.com.

About Oversi
Oversi offers a breakthrough multi-service platform for over-the-top (OTT) content, including Internet video, peer-to-peer (P2P) and other media applications. Oversi's solutions enable service providers to cope with the huge traffic load on their networks while significantly improving subscribers' quality of experience (QoE). By assuring QoE, Oversi's solutions open up new monetization opportunities and facilitate the delivery of tiered services, increasing average revenue per user (ARPU). Oversi systems are deployed in service provider sites around the world. Oversi has offices and representatives in EMEA, the US, Asia-Pacific and Latin America. For more information, please visit our web site, http://www.oversi.com, or contact Natalie Chouraqui, Director of Communications, on +972-54-4750889, nataliec@oversi.com.

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