VALLETTA, Malta, April 16 /PRNewswire/ --

- Award Recognizes the 100 "Most Promising" Companies Driving the Future 
of Technology

Red Herring today announced that Conduit (http://www.conduit.com), a 
leading provider of website syndication solutions for web publishers, is a 
recipient of the 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.

"This year's impressive list of winners 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
hundreds of 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.

"Conduit is proud to be recognized as a Red Herring 100 Europe
Winner," said Ronen Shilo, CEO of Conduit. "In the midst of Conduit's rapid
growth, this award further validates our innovative website syndication
platform and its value for more than 140,000 website publishers. In selecting
Conduit, we're pleased that Red Herring editors recognize Conduit's proven
business model and the impact that our free, on-demand solution has on
increasing website traffic, revenue and brand loyalty."

To honor the CEOs of Red Herring 100 Europe companies, Red
Herring has invited each CEO to present his or her company at its Red Herring
Europe 2008 event. Scheduled for April 14-16, at the Westin Dragonara Resort,
this intimate, three-day event is themed "Ahead of the Curve" 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 http://www.redherring.com.

About Conduit

Conduit provides website syndication solutions for web publishers
that increase site traffic, revenue and brand loyalty while simplifying
access to the content, communities and applications that subscribers care
about most. By creating a direct, always-on connection between publishers and
subscribers, Conduit opens new channels for real-time communication and
commerce. More than 140,000 publishers have joined the Conduit network
worldwide, including major brands such as Fox News, Lufthansa, Major League
Baseball, Greenpeace, TechCrunch, Softonic and small and medium organizations
in 180 countries around the globe. Web publishers who become part of the
Conduit network have the opportunity to syndicate their website content and
applications directly to the browser by allowing subscribers to add them as
simply as adding an RSS feed. To create a community toolbar for your website,
visit: http://www.conduit.com.

Contact:
    PerkettPR for Conduit
    Lisa Dilg
    +1-313-399-0892
    conduit@perkettpr.com