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MarketXS selected as Finalist for 'Red Herring 100' Awards

The most-promising technology ventures will be honored at the Venture Market Europe 2006 Conference.

Schiphol-Oost, the Netherlands, 11 April 2006 - Red Herring announced that for the second consecutive year MarketXS has been short-listed as one of the Finalists for its annual 'Red Herring 100 Europe' list. Well over 700 privately held technology companies were evaluated for this year's edition of the prestigious award, giving evidence to the invigorated innovative and entrepreneurial strength of the technology ecosystem.

The winners will be announced at the exclusive Venture Market Europe Conference, May 8-10 in Paris, France, where the technology industry's most-innovative CEOs, venture financiers, and corporate strategists will gather to meet this next wave of disruptive companies.

'We are delighted to be selected again as a Finalist for the Red Herring 100 Europe.' says Jan De Roeck, Chief Executive Officer of MarketXS, crediting technology leadership, discipline, passion, and a company-wide entrepreneurial spirit for the sustained success.

'We can see the resurgence of the tech sector reflected in the quantity and variety of excellent companies that we had to choose from in putting our list together,' said Joel Dreyfuss, Editor-in-Chief of Red Herring.

'It was difficult to choose the Finalists and we are very happy with the stellar quality of the companies on this short-list.'

The 'Red Herring 100 Europe' award is an important part of Red Herring's tradition of recognizing new and innovative technology firms and their entrepreneurial founders. MarketXS and the other nominees were rigidly evaluated on both quantitative and qualitative criteria such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their ecosystem. This unique assessment of potential complemented by a review of the actual track record and standing of a company allows Red Herring to see past the 'buzz' and make the list an invaluable instrument for discovering and advocating the greatest business opportunities in the industry.