Red Herring 100 Asia
First Meta Named as "Red Herring 100 Asia" Award Winner for 2007
The 100 Most-Promising Private Technology Ventures Celebrated at Event in Hong Kong, China
San Francisco, CA, August 29, 2007 – Red Herring Magazine announced today that First Meta has been officially selected as a winner of the prestigious Red Herring 100 Asia 2007 awards. The news was announced at a gala dinner during the Red Herring 100 Asia event in Hong Kong, China, happening 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 names of the 200 companies short-listed as finalists for the Red Herring 100 Asia 2007 along with the 100 announced winners can be found online at http://www.herringevents.com/asia07/index.html.
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. The 100 winners are based in 16 countries/regions including China, India, Japan, Singapore, Korea, Australia and Vietnam.
“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 an innovative talent bursting from Asia’s business and technology sector.”
“We are honored and excited to have been chosen as a winner of the Red Herring 100 Asia Award for the most promising private technology ventures in Asia in 2007,” said Douglas Abrams, CEO of First Meta. “Our team’s pioneering efforts in providing financial services for virtual economies have come to fruition and it is great to see that we are achieving this level of recognition in our industry.”
The finalists and winning companies will be celebrated at the Red Herring 100 Asia event in Hong Kong, on August 29-31. 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 features three days of keynote discussions, roundtable panels and networking events designed for participants to make connections and learn what it takes to achieve the best in business and technology in Asia.
Distinguished speakers on Red Herring 100 Asia include Richard Li, Chairman of PCCW; SeHyun Oh , Chairman of SK Telcom, John Chen, Chairman of Sybase, Victor Koo, CEO of Youku.com (former President of Sohu.com); James Ding, Chairman of AsiaInfo, John Hummelstad, Apac Director of Microsoft Venture and many others. For a full list of Red Herring 100 Asia speakers, visit http://www.herringevents.com/Asia07/speakers.html.
Register for RH 100 Asia at http://www.herringevents.com/Asia07/index.html.
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.
About First Meta
First Meta is the first real financial services provider for virtual economies. The company is the first to provide a full suite of financial products and services, denominated in virtual currencies, to Second Life® and other virtual economies. The company’s first product, the MetaCard™ a Linden Dollar-denominated credit card was launched on 31-July 2007. First Meta Pte. Ltd. was founded in Singapore in 2007 by Douglas Abrams and Aileen Sim.
Contact at First Meta
Aileen Sim
Co-founder & COO, First Meta
(65) 6435 5295
aileen@firstmeta.com
Contact at Red Herring:
Maggie Xiao
Director, Red Herring APAC
650.585.3419
mxiao@redherring.com
Media Contact Information and Accreditation:
Jenny Chong
Terpin Communication Inc. for Red Herring
Tel: + 1 310 821 6100 Ext. 103
Email: jenny@terpin.com
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