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The GravityZoo Company selected as finalist for the Red Herring 100 Europe 2007 Awards

The Net’s Next Big Development Emerges Out of Europe

CANNES, France, March 26, 2007 – Red Herring today announced that The GravityZoo Company, the application-enabler for the Net of tomorrow, was named a Finalist of Red Herring 100 Europe, an award given to the top 100 private technology companies based in the EMEA (Europe, Middle East and Africa) region each year.

“Being selected as a Red Herring 100 finalist and given the special opportunity to present GravityZoo at Venture Market Europe conference is a great honor for our pioneering research and development,” said Marc Vrijhof, CEO of The GravityZoo Company. “GravityZoo represents a major step in the convergence of SaaS, SOA and Web 2.0. Essentially GravityZoo realizes the vision that the Network is the computer.”

“This year’s impressive list, and unprecedented number of submissions from companies demonstrates Europe’s emergence as a major player in the global technology sector,” said Red Herring Editor-in-Chief, Joel Dreyfuss. “The exceptional accomplishments of European technology companies and entrepreneurs are a testament to the rapid advancements being made in building the European innovation ecosystem.”

Red Herring’s lists of top private companies are an important part of the company’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, and touted as leaders 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.

Red Herring will honor the Red Herring 100 Europe Finalist companies at its Venture Market Europe (VME) 2007 event. Scheduled for March 25-27, at the Intercontinental Carlton, this intimate, three-day event is themed “The Pursuit of Disruption” and will explore how European firms are leading the charge in many technology sectors, gaining the competitive advantage, and driving entrepreneurial success in ways that create business opportunities for challengers and incumbents alike.

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.

About The GravityZoo Company
The GravityZoo Company is a pioneering innovator of Software as a Service (SaaS) enabling technology, Ubiquitous Computing and Ambient Intelligence Systems.

The GravityZoo innovative SaaS technology will enable millions of people around the world to use new applications as a service and connect to information previously not accessible. For all application developers worldwide, The GravityZoo Framework represents freedom from the constraints of devices. It will allow them to develop truly object-oriented Net-applications without the need for workarounds or other awkward web-solutions. The GravityZoo Framework enables enterprises delivering Software as a Service in a quick, unobtrusive and highly interactive way. Founded in 2006, GravityZoo will enable a true Software as a Service revolution outside of the Browser. For more information on The GravityZoo Company, visit http://www.gravityzoo.com.
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The GravityZoo Company is a trade name of DitchITall BVBA.

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