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Miaxis Biometrics Named as 'Red Herring 100 Asia' Award Winner for 2007
Date:9/3/2007

The 100 Most-Promising Private Technology Ventures Celebrated at Event in

Hong Kong, China

SAN FRANCISCO, Calif., Sept. 3 /Xinhua-PRNewswire/ -- Red Herring Magazine announced that the leading China biometrics company Miaxis Biometrics Co., Ltd has been officially selected as a winner of the prestigious ''Red Herring 100 Asia'' 2007 awards. The news has been announced at a gala dinner during the ''Red Herring 100 Asia'' event in Hong Kong, China, taking place from August 29 to 31.

Winners were selected from a pool of more than 500 applicants based in 16 countries/regions including China, India, Japan, Singapore, Korea, Australia and Vietnam. The Red Herring editorial team carefully selected the winning companies based on both quantitative and qualitative criteria such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their ecosystem.

"After a rigorous evaluation process, we're very happy with winners we selected," said Joel Dreyfuss, Editor-in-Chief of Red Herring. "There was a large pool to choose from and we're impressed by the caliber and innovative talent bursting from Asia's business and technology sector."

"Winning Red Herring's prestigious 100 Asia awards is yet another recognition of Miaxis Biometrics leadership position in China's biometrics industry," said CEO, Jerry Lee, "We are very happy with the rapid and accelerating growth we have achieved since 2005. We are committed to cement our leadership position in biometrics industry in China and to provide the best products & solutions for financial sector, physical sector and information security sector, etc."

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
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SOURCE Miaxis Biometrics Co., Ltd
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