RED HERRING selects Wicom for the 2006 Red herring 100 Europe listing

• Monday, 08 May 2006

Award Recognizes the 100 “Most Promising” Firms Driving the Future of Technology

Paris, May 9, 2006 – Red Herring today announced that Wicom Communications is a recipient of Red Herring 100 Europe, a selection of the 100 private companies based in the EMEA region that play a leading role in innovation and technology.

“Market obstacles remain but our list shows that great companies are being created in Europe,” said Red Herring editor-in-chief Joel -Dreyfuss.

Red Herring’s lists of top private companies are an important part of the magazine’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 as those that would change the way we live and work.

Red Herring’s editorial staff rigorously evaluated more than 700 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.

"Our inclusion in Red Herring 100 Europe is testimony that we have introduced a high-quality solution that successfully addresses the real-world business needs of a growing customer base. This fact is also supported by prior acclaim from Frost & Sullivan as well as other industry analysts. Wicom software is currently used by some 200 companies in 18 countries, and the demand for customer relationship supporting IP telephony systems is growing rapidly," said Ilkka Kivimäki, President and CEO, Wicom Communications.

To honor the CEOs of Red Herring 100 Europe companies, Red Herring has invited each CEO to present his or her company at its Venture Market Europe 2006 conference, a forum for technology’s most exciting companies to share their insights on the future of innovation and the entrepreneurial journey. Scheduled for May 8-10, at the Westin Paris, this intimate, three-day conference will explore the trends, technologies and people affecting the IT sphere in the EMEA region. Last year’s optimistic outlook has been revisited and reflected in the 2006 theme “Old World, New Hope - 100 Reasons to Believe in Europe’s Innovative Edge.”

BELGIUM
- Ablynx
- Clear2Pay

CZECH REPUBLIC
- Grisoft

DENMARK
- PremiTech A/S
- Telsome

FINLAND
-AW-Energy Oy
-Futuremark
-Liekki Oy
-Sulake Labs, Ltd.
-Wicom Communications

FRANCE
-B3G
-Cartesis
-Dibcom
-Exalead
-Exaprotect Technology
-Highdeal
-Ipracom
-MEDIAN Technologies
-Neovacs
-Netcentrex
-Netsize
-Netvibes
-Open-Plug
-Reportive
-SkyRecon Systems SA
-Total Immersion
-Varioptic

GERMANY
-Actionality
-BrainLAB
-EnOcean
-PV Crystalox Solar AG
-Spreadshirt
-VOICE.TRUST AG
-Open Business Club GmbH

IRELAND
-0Globoforce Limited
-Industria
-Xsil Ltd

ISRAEL
-Altair Semiconductor
-Axerra Networks
-BioLineRx Ltd
-BitBand Technologies, Ltd.
-cVidya Networks Inc
-Discretix
-DoubleFusion LTD
-D-Pharm
-Genova
-Gteko
-Mobix Interactive
-Negevtech
-Power Paper Ltd.
-Siano
-SpeedBit
-Targetize Innovative Solutions
-Voltaire
-Xeround Systems

ITALY
-Bioxell S.p.A.

NETHERLANDS
-IceMobile
-Tridion

NORWAY
-Mobile Media
-REC

ROMANIA
-BitDefender

SPAIN
-FON
-Fractus
-Scytl Secure Electronic Voting

SWEDEN
-Ingate
-Operax

SWITZERLAND
-AC Immune SA
-CovalX
-Echovox
-FLISOM
-Nemerix
-Speedscript

UNITED ARAB EMIRATES
-Bayt.com

UNITED KINGDOM
-Alfresco
-Apertio Limited
-Axiom Systems Limited
-CacheLogic
-Cognima
-DeepStream Technologies
-Forth Dimension Displays
-Icera Semiconductor
-I-Cue Ltd
-Intamac Systems Ltd
-Interoute
-ip.access
-Mobile Commerce
-Nexagent
-OnRelay
-Otodio
-Oxford Medical Diagnostics
-picoChip Designs Limited
-Picsel Technologies
-Rawflow
-SeeWhy Software Limited
-Skinkers
-SpinVox
-Tao
-The Cloud
-The Light Agency
-Touch Clarity

About Red Herring

Red Herring, Inc., founded in 1993, is a media company whose mission is to cover innovation, technology, financing and entrepreneurial activity. Its staff of award-winning journalists tell readers what's first, what matters and most importantly, why.

Red Herring is dedicated to thorough research, relevant metrics deep financial analysis, in-depth reporting, crisp writing and thoughtful debate. We are a skeptical, intelligent and trustworthy source of information in technology business. Our primary obligation is to provide the most relevant, honest and independent information and analysis to our audience, with the conviction that an exceptional editorial product is the best catalyst for success and the best way to serve our advertisers and investors. Our content is original, compelling and actionable for industry executives and entrepreneurs.

A privately held company, Red Herring, Inc. is headquartered in Belmont, California.

For more information visit www.redherring.com

About Wicom

Wicom Communications is a leading European provider of all-IP contact center and VoIP enterprise telephony software for fixed and wireless network environments. With Wicom software, voice and data traffic, information systems and databases are combined into a centrally managed system. The system allows unified queuing, prioritizing and routing of all contacts including telephone, e-mail, fax, voicemails, web contacts and SMS. Currently used in 18 countries with some 200 client organizations, Wicom technology is available through selected partners throughout Europe. In September 2005, Frost & Sullivan presented Wicom with the Technology Leadership Award in the field of IP telephony for the company's contributions to standards-based IP/VoIP communication solutions in Europe.

For more information, please visit www.wicom.com.

For more information, please contact:

Grant Butler & Coomber
Funda Cizgenakad
Tel: 020 8322 1922

This press release was distributed via SourceWire, a service from Daryl Willcox Publishing, on behalf of Grant Butler Coomber. For more information visit http://www.dwpub.com/pressreleasewires