Velocix. Revolutionizing Digital Delivery.

CacheLogic selected as finalist for 2007 Red Herring 100 Global Award

Content delivery innovator shortlisted as one of the world's most promising private technology ventures

Cambridge, UK - November 27, 2007

CacheLogic, provider of the world's leading Digital Asset Delivery Network, has been selected as a finalist for the Red Herring 100 Global Awards 2007, which recognise outstanding achievements in financial performance, innovation, management, global strategy and ecosystem integration. CacheLogic has previously been recognised on the prestigious Red Herring 100 Europe list in 2006.

CacheLogic has revolutionized both the 'mechanics' and economics of content delivery, enabling the Internet to become the preferred delivery mechanism for large digital assets such as video, computer games and software.

Red Herring 100 finalists will be celebrated at an event in Seattle, WA, on December 3rd - 5th, with winners announced at an award ceremony on December 4th. Only winners and finalists from previous Top 100 lists were eligible for this exclusive award.

"The finalists we selected from around the world are all excellent contenders," says Joel Dreyfuss, Editor-in-Chief of Red Herring. "They are exceptional companies with smart and innovative platforms that attest to the importance of technology in today's global economy. CacheLogic has made the final group because of its outstanding achievements, and Red Herring Magazine is honoured to announce it is one of the most promising technology firms in the world."

Adds Phill Robinson, CEO, CacheLogic: "We are delighted to be rubbing shoulders with the cream of cutting-edge global technology companies, including several of our customers who have also been nominated as finalists this year. It's extremely encouraging to see so many finalists listed that focus on the delivery of video over the Internet. This confirms the tremendous growth in demand and interest that we have witnessed in this sector over the past 12 months. Red Herring’s 100 Global Award is hugely respected in this industry and it is an honour for us to have reached the finals. This year has been a great success for us in terms of launching new products, investment in our network infrastructure, customer wins, management appointments and company expansion, and we're looking forward to further growth and an exciting year ahead in 2008".

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 .