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PRESS RELEASE

XY Mobile is a Finalist for the 2011 Red Herring Top 100 Asia Award

Vientiane, Laos – October 7. 2011 – XY Mobile Company Limited announced today it has been selected as a Finalist for Red Herring's Top 100 Asia award, a prestigious list honoring the year’s most promising private technology ventures from the Asian business region.

The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Asia. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.

This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the “buzz” and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.

"This year was very rewarding," said Alex Vieux, publisher and Chairman of Red Herring. "The global economic situation has abated and there are many great companies producing really innovative and amazing products. We had a very difficult time narrowing the pool and selecting the finalists. XY Mobile shows great promise therefore deserves to be among the Finalists. Now we’re faced with the difficult task of selecting the winners of Red Herring Asia. We know that the 2011 crop will grow into some amazing companies that are sure to make an impact."

Finalists for the 2011 edition of the Red Herring 100 Asia award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the several months leading up to the announcement, hundreds of companies in the telecommunications, security, Web 2.0, software, hardware, biotech, mobile and other industries completed their submissions to qualify for the award.

The Finalists are invited to present their winning strategies at the Red Herring Asia Forum in Hong Kong, October 17-19, 2011. The winners will be announced at a special awards ceremony the evening of October 19 at the event.

PRESS RELEASE

XY Mobile, candidate for Red Herring's Asia Top 100 List.

The Red Herring selection committee has chosen XY Mobile, as an exceptional candidate to become a 2011 Red Herring 100 Asia Finalist.

Vientiane, Laos PDR, 27 July, 2011: The Laos company, XY Mobile, who provides affordable mobile phones and tablets with local language, and services has been selected by the Red Herring selection committee as an exceptional candidate to become a 2011 Red Herring 100 Asia finalist.

Red Herring’s Top 100 Asia list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring were among the first recognizing companies such as Facebook, Twitter, Google, Yahoo, Skype, YouTube, and eBay would change the way we live and work.

“We are very proud to have been chosen as an exceptional candidate for the Red Herring Asia list,” says Anousak Souphavahn, Managing Director, XY Mobile Company limited.

“This recognition could not have come at a better time. We are working hard on getting an investor to join XY Mobile in order to keep up with the demand for our products.”

XY Mobile Co., Ltd is a Joint Venture between the Lao company Xangdao Co., ltd and the Thai company Yozzo Co., ltd. The company aims to bridge the digital divide by providing mobile phones and tablets with local language, giving the users access to communication, education, information, and entertainment in their own language.

Red Herring’s editorial staff evaluates companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration, which make the list a valuable instrument of discovery and advocacy for the most promising new business models in Asia. The candidate list will be narrowed down from candidates across Asia to a final Asia Top 100 Winners in September.

--End of Press Release--

Attachments:
File	Description	File size
Press Release: Red Herring Candidate	The Red Herring selection committee has chosen XY Mobile, as an exceptional candidate to become a 2011 Red Herring 100 Asia Finalist	370 Kb
XY Mobile Images	Various product images as well as the XY Mobile Logo in .PNG format with transparent background	821 Kb

Press Releases

XY Mobile, candidate for Red Herring's Asia Top 100 List.

The Red Herring selection committee has chosen XY Mobile, as an exceptional candidate to become a 2011 Red Herring 100 Asia Finalist.

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