IKIVO Selected as Red Herring 100 Europe 2009 Finalist


STOCKHOLM, April 1 /PRNewswire/ --

- IKIVO Picked Among Most Promising Technology Ventures by Innovative 
Listing

IKIVO, the No. 1 European supplier of rich media client
solutions, has been selected as a finalist for the Red Herring 100 Europe
2009 award. The award is given to the top 100 private technology companies
based in Europe, the Middle East and Africa each year.

"We are honoured to be among the finalists for the Red Herring
100 Europe 2009 award. This is a reflection of our achievements in the past
year, focusing our efforts on producing groundbreaking technology such as
interactive mobile widgets, innovative user interfaces and rich media
applications," says Huw W. Hampson-Jones, CEO of IKIVO.

IKIVO was selected as a finalist by Red Herring's editorial
staff, who rigorously evaluated several hundred 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.

"This year's impressive list of submissions from companies
demonstrates Europe's growing role as a major centre of innovation in the
global technology sector. The exceptional accomplishments of European
technology startups and entrepreneurs are a testament to the rapid
advancements being made in building the European innovation ecosystem," said
Red Herring publisher, Alex Vieux.

The Red Herring 100 awards are part of the publication's
tradition of indentifying of new and innovative technology companies and
entrepreneurs. Companies including Google, eBay and Skype are all previous
finalists for the award.

About IKIVO

IKIVO is the No. 1 European supplier of rich media
application-enabling solutions based on open standards, with a deployed base
greater than 350 million mobile phones. IKIVO's solutions empower mobile
operators, mobile device manufacturers, consumer electronics firms and media
companies to deliver rich compelling content services, such as innovative
user interfaces, mobile widgets, interactive TV, on-device portals and mobile
advertising.

IKIVO Enrich is a framework of products focusing on client
side technology, delivering graphically rich, embedded applications and user
experiences for mobile devices and consumer electronics products. It is based
on open web technologies and supports multiple platforms. For more
information, please visit http://www.ikivo.com.

© PR Newswire Association LLC.

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