Released on = August 20, 2007, 10:10 am

Press Release Author = Mike Romanies/Honestech

Industry = Software

Press Release Summary = The Most-Promising Private Technology Ventures to be
Celebrated at Event in Hong Kong, China
Austin, TX, San Francisco, CA, and Seoul, Korea August 20, 2007 - Red Herring
Magazine announced today that Honestech, a premier supplier of digital video and
Internet Protocol (IP) communication and entertainment solutions, has been selected
as one of the 200 Asia-Pacific forerunners for the Red Herring 100 Asia 2007 awards.
The 100 winners will be announced at the Red Herring 100 Asia event in Hong Kong, on
August 29-31.


Press Release Body = The Red Herring editorial team carefully selected the finalists
based on criteria such as innovation, expertise, disruptive influences on
technology, and market potential. The 200 finalists are based in 16
countries/regions including China, India, Japan, Singapore, Korea, Australia and
Vietnam. The names of the 200 companies short-listed as finalists for the \"Red
Herring 100 Asia 2007\" can be found online at
http://www.herringevents.com/asia07/index.html
\"The 200 finalists we selected from across 16 countries and regions 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 by Red Herring further validates our position as a technology
leader in our markets," said Jay Choi, Managing Director of Honestech's U.S.
headquarters "Our Video compression and Internet Protocol technologies have long
been licensed and recognized by leading consumer products companies as the best of
breed. We are excited to be recognized for our technology and new Honestech branded
product offerings."
The finalists and winning companies will be celebrated at the Red Herring 100 Asia
event in Hong Kong, on August 29-31. 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.
Distinguished speakers on Red Herring 100 Asia include Richard Li, Chairman of PCCW;
SeHyun Oh, Chairman of SK Telcom, John Chen, Chairman of Sybase, Victor Koo, CEO of
Youku.com (former President of Sohu.com); James Ding, Chairman of AsiaInfo, John
Hummelstad, Apac Director of Microsoft Venture and many others. For a full list of
Red Herring 100 Asia speakers, visit
http://www.herringevents.com/asia07/speakers.html.
Register for RH 100 Asia at http://www.herringevents.com/asia07/index.html
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.


About Honestech, Inc.
Honestech, Inc., is a subsidiary of Honest Technology Co. Ltd., a premier supplier
of digital video and Internet Protocol (IP) communication and entertainment
solutions. Founded in 1998 by a group of digital pioneers, the company's vision is
to bring high-quality digital video into PC, handheld and phone users' daily lives
by transforming the way digital video is created, delivered and experienced. As a
pioneer of real-time MPEG encoding/decoding software technologies, Honestech is
working with innovative companies around the world to enable the transition from
analog to digital video.


Contact at Red Herring:
Maggie Xiao
Director, Red Herring APAC
650.585.3419
mxiao@redherring.com |

Media Contact Information and Accreditation:
Jenny Chong
Terpin Communication Inc. for Red Herring
Tel: + 1 310 821 6100 Ext. 103
Email: jenny@terpin.com

Contact at Honestech
The Most-Promising Private Technology Ventures to be Celebrated at Event in Hong
Kong, China
Austin, TX, San Francisco, CA, and Seoul, Korea August 20, 2007 - Red Herring
Magazine announced today that Honestech, a premier supplier of digital video and
Internet Protocol (IP) communication and entertainment solutions, has been selected
as one of the 200 Asia-Pacific forerunners for the Red Herring 100 Asia 2007 awards.
The 100 winners will be announced at the Red Herring 100 Asia event in Hong Kong, on
August 29-31.
The Red Herring editorial team carefully selected the finalists based on criteria
such as innovation, expertise, disruptive influences on technology, and market
potential. The 200 finalists are based in 16 countries/regions including China,
India, Japan, Singapore, Korea, Australia and Vietnam. The names of the 200
companies short-listed as finalists for the \"Red Herring 100 Asia 2007\" can be found
online at http://www.herringevents.com/asia07/index.html
\"The 200 finalists we selected from across 16 countries and regions 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 by Red Herring further validates our position as a technology
leader in our markets," said Jay Choi, Managing Director of Honestech's U.S.
headquarters "Our Video compression and Internet Protocol technologies have long
been licensed and recognized by leading consumer products companies as the best of
breed. We are excited to be recognized for our technology and new Honestech branded
product offerings."
The finalists and winning companies will be celebrated at the Red Herring 100 Asia
event in Hong Kong, on August 29-31. 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.
Distinguished speakers on Red Herring 100 Asia include Richard Li, Chairman of PCCW;
SeHyun Oh, Chairman of SK Telcom, John Chen, Chairman of Sybase, Victor Koo, CEO of
Youku.com (former President of Sohu.com); James Ding, Chairman of AsiaInfo, John
Hummelstad, Apac Director of Microsoft Venture and many others. For a full list of
Red Herring 100 Asia speakers, visit
http://www.herringevents.com/asia07/speakers.html.
Register for RH 100 Asia at http://www.herringevents.com/asia07/index.html
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.


About Honestech, Inc.
Honestech, Inc., is a subsidiary of Honest Technology Co. Ltd., a premier supplier
of digital video and Internet Protocol (IP) communication and entertainment
solutions. Founded in 1998 by a group of digital pioneers, the company's vision is
to bring high-quality digital video into PC, handheld and phone users' daily lives
by transforming the way digital video is created, delivered and experienced. As a
pioneer of real-time MPEG encoding/decoding software technologies, Honestech is
working with innovative companies around the world to enable the transition from
analog to digital video.


Contact at Red Herring:
Maggie Xiao
Director, Red Herring APAC
650.585.3419
mxiao@redherring.com |

Media Contact Information and Accreditation:
Jenny Chong
Terpin Communication Inc. for Red Herring
Tel: + 1 310 821 6100 Ext. 103
Email: jenny@terpin.com

Contact at Honestech
Michael Romanies
512-514-6222
Michael@Honestech.com





Web Site = http://www.honestech.com

Contact Details = Contact at Honestech
Michael Romanies
512-514-6222
Michael@Honestech.com