Red Herring Reveals Companies Selected for the Red Herring North America 100 2008

SAN FRANCISCO, CA--(Marketwire - April 16, 2008) - Red Herring today announced that Gigya, the largest performance-based widget distribution network and provider of tools and technologies for distributing, tracking and analyzing widgets, was a finalist for the Red Herring 100 Award, a selection of the 100 most innovative private technology companies based in North America.

The Red Herring editorial board diligently surveyed the entrepreneurial scene throughout the North American region and identified the top 200 out of more than 800 closely evaluated companies that are leading the next wave of innovation.

"We can see the exciting evolution of the technology sector reflected in the quality and variety of exceptional companies that we had to choose from in putting our list together," said Joel Dreyfuss, editor-in-chief of Red Herring. "It was tough to choose just 200 finalists from such a large list of excellent contenders, and we are very happy with the quality of the companies we selected as finalists."

"We are extremely pleased to be named a Red Herring 100 North America 2008 finalist, an award which seeks to identify innovators and next-generation industry disruptors," said Rooly Eliezerov, Gigya's Co-founder and President. "Monetizing the enormous and increasing amounts of time people are spending on web pages that they create or control is a unique challenge facing the Internet industry today. Our innovative technology together with our philosophy of providing quantifiable value to each and every partner and customer have helped solidify our position as the leading content sharing infrastructure on the social web."

The 100 winning companies will be announced at the Red Herring North America event. The CEOs of the winning startups will present their innovative ideas and technologies to an audience of leading entrepreneurs, financiers, and corporate strategists at the event in San Jose, California, on May 12-14 at the Fairmont. This year's Red Herring 100 North America event marks the 11th anniversary of the Red Herring 100 Awards. In celebration, the event will feature keynote addresses from legendary VC investors and CEOs of leading Internet, information, and communications companies. Register online at: http://herringevents.com/northamerica08/index.html.

About Red Herring

Red Herring is a global media company which unites 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 newsletters 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. More information about Red Herring is available on the Internet at www.redherring.com.

Contact Information: CONTACT: Gigya Contact: David Libby Two Pins Public Relations Phone: 510-868-4903 Email: Red Herring Contact: Anam Alpenia Red Herring, Inc. Phone: 650-428-2900 Email: