Oddcast Named a "Red Herring 100 Global" Award Winner

NEW YORK, NY--(Marketwire - December 6, 2007) - Over the last two years avatar technology has gained increased popularity with both corporations and consumers. Oddcast (www.oddcast.com), a developer of speaking avatar technology, has been creating speaking avatars since 1999 and is one of the leaders in this marketplace. The company announced today that it has been selected as a winner of the Red Herring 100 Global Award.

Red Herring 100 winners and finalists from North America, Europe and Asia of the last three years were eligible for this award. The Red Herring editorial team used a very competitive process to whittle down this pool of 1800 eligible promising companies to the 100 winners of this first-time award. Evaluations were made on both quantitative and qualitative criteria such as financial performance, innovation, management, global strategy, and ecosystem integration.

"We are very proud to be selected as a winner of this prestigious award," said Adi Sideman, CEO of Oddcast. "Red Herring's designation has further validated our success and Oddcast's leading position in the avatar marketplace."

Oddcast develops and distributes speaking avatar products for the Enterprise (www.oddcast.com), small and medium businesses (www.sitepal.com) and the consumer (www.voki.com) markets. Oddcast's avatar platform enables consumers to personalize online communications and self-expression and businesses to increase conversion and sales.

The winning companies were announced and celebrated at the Red Herring Global event in Seattle, WA, on December 3-5.

About Oddcast

Oddcast develops and distributes talking avatar products. Oddcast's avatar platform enables consumers to personalize online communications and self-expression. Oddcast's technology is the industry-leading solution, serving over 9,000 business customers worldwide and tens of millions of consumers. Oddcast's products are Web-based, ASP-hosted and can be delivered to any device including browsers, mobile devices, Radio and TV.

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.

Contact Information: Contact at Red Herring: Jordy Brazier Senior Manager Tel: + 1 650 585 3524 Email: Contact Oddcast: Michael Volpatt Larkin/Volpatt for Oddcast Tel: +1 415 994 8864 Email: Media Contact Information and Accreditation: Xenia Von Wedel Terpin Communication Inc. for Red Herring Tel: + 1 310 821 6100 Email: