BEYONDSOFT named a Red Herring 100 Asia company

Beijing, September 6, 2005 – Beyondsoft today announced that Beyondsoft has been named one of the Red Herring 100 Private Companies of Asia.

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

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Red Herring's editorial staff rigorously evaluated more than 500 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 100 Asia companies will be presenting their business model and strategy at the Red Herring 100 Asia Conference. The conference will take place September 5-7 at the Shangri-La Hotel in Shanghai, China.

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Mr. Bin Wang, President and CEO of Beyondsoft, said:" It is our great pleasure and honor to be named one of the Red Herring 100 Private Companies of Asia. We see this recognition as a reward for our dedicated efforts in on-schedule, on-budget and high quality software service during the past ten years in order to meet the needs of applying innovative technology globally. Looking forward, we are eager to bring our innovation to an even wider range of users to help their work and life."

Mr. Alex Vieux, Chairman & CEO of Red Herring, said: "Choosing the Red Herring 100 Asia has been a long and rigorous process, as we have explained in previous correspondence. Our editorial board received more than 500 submissions from companies throughout Greater Asia. After evaluating business models, analyzing profitability forecasts, assessing management teams and examining technology, I am pleased to congratulate Beyondsoft has been selected as a Red Herring 100 Asia Winner. In an exceptionally vibrant climate for start-ups, the Red Herring believes that Beyondsoft is a rising star!"

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URL link: http://www.redherring.com/Article.aspx?a=13561&hed=Asia+100:+Internet+&+Service

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