Winners Will Be Honored at the Red Herring Fall 2005 Conference
SAN FRANCISCO, CA--(MARKET WIRE)--Dec 12, 2005 -- Red Herring announced today its first Red Herring Small Cap 100 list. The editors of the Red Herring evaluated over 2,500 publicly traded technology companies with market capitalizations of between US$300 million and US$1 billion from North America, Europe and the Asia-Pacific region. "Small-cap technology companies are what most tech startups become after they go public," said Joel Dreyfuss, Editor-in-Chief of Red Herring.

"Red Herring's first list of small-cap companies allows us to track the evolution of these companies. We find that small-cap tech companies continue to be innovative even as they fulfill the demands of a competitive public market." The Red Herring Small Cap 100 is based on more than simply financial performance and growth. These public companies possess innovative technology and smart business models that can take them to the next level of competition. Red Herring's global perspective, provocative outlook on the technology landscape and Red Herring Innovation Index will make this list and conference unique and invaluable to technology and financial executives.

"The winners on this list are the most competitive, the most innovative and the most promising technology companies in the small-cap segment. We hope that the Red Herring Small Cap 100 list will shine the light on them that they deserve," said Dreyfuss. The award ceremony for the Small Cap 100 will be held during the Red Herring Fall 2005 conference, December 13th-15th in San Francisco, California. All award winners will be profiled in issue #47 of Red Herring magazine, on sale December 12th, which also contains Red Herring's Top 10 Trends for 2006. The full list can also be viewed at http://www.herringevents.com.

Red Herring Fall 2005, dedicated to celebrating the world's most exciting publicly traded, small-cap technology companies, will feature keynote speeches, lively dialogue and presentations by the leaders of the Red Herring Small Cap 100. The Red Herring Fall 2005 conference is an invitation-only gathering for CEOs, select senior executives, and the investment and media communities. To request an invitation, contact Michael Felber at 650.428.2900 or mfelber@redherring.com.

About Red Herring Events
Red Herring events have long delivered clear and intelligent insight into the critical trends shaping the future of technology. We bring together industry leaders, venture capitalists, entrepreneurs, and our own business intelligence team to share ideas and present our research-based discoveries. Participants explore the strategic shifts and disruptive impact that new technologies will have in key US and international markets. Along the way, they will get a glimpse of the future. Additional information is available at http://www.redherring.com/events. The Red Herring Small Cap 100 companies are listed below in alphabetical order: Company Ticker Country Aastra Technologies (Toronto:AAH.TO) Canada ADE (Nasdaq:ADEX) USA Advanced Digital Information (Nasdaq:ADIC) USA Aeroflex (Nasdaq:ARXX) USA Albany Molecular Research (Nasdaq:AMRI) USA Allscripts Healthcare Solutions (Nasdaq:MDRX) USA Altiris Inc. (Nasdaq:ATRS) USA American Science & Engineering (Nasdaq:ASEI) USA American Vanguard (AMEX:AVD) USA Ansoft (Nasdaq:ANST) USA Aspect Medical Systems (Nasdaq:ASPM) USA Aveva Group (London:AVV.L) United Kingdom Blackbaud (Nasdaq:BLKB) USA Blackboard (Nasdaq:BBBB) USA Cabcharge Australia (Australia:CAB.AX) Australia Ceradyne (Nasdaq:CRDN) USA China Medical Technologies (Nasdaq:CMED) China Cohu (Nasdaq:COHU) USA Computer Programs & Systems (Nasdaq:CPSI) USA Concur Technologies (Nasdaq:CNQR) USA Core Laboratories (NYSE:CLB) Netherlands, The Dendrite International (Nasdaq:DRTE) USA Detica Group (London:DCA.L) United Kingdom Dot Hill Systems (Nasdaq:HILL) USA eCollege.com (Nasdaq:ECLG) USA EDO (NYSE:EDO) USA Elbit Systems (Nasdaq:ESLT) Israel Elcoteq (HLSE: ELQAV) Finland EnerSys (NYSE:ENS) USA Epicor Software (Nasdaq:EPIC) USA EPIQ Systems (Nasdaq:EPIQ) USA eResearchTechnology (Nasdaq:ERES) USA Escala Group (Nasdaq:ESCL) USA Esterline Technologies (NYSE:ESL) USA Fast Search & Transfer (OB: FAST) USA Geodesic Information Systems (Boston:503699) India GES International (SGX: G01) Singapore Given Imaging (Nasdaq:GIVN) Israel Guangzhou Pharmaceutical (SEHK: 874) China Hanmi Pharmaceutical (KOSE: A008930) Korea (South)   Hyflux (SGX: 600) Singapore ILOG (Nasdaq:ILOG) USA Intermagnetics General (Nasdaq:IMGC) USA IRESS Market Technology (Australia:IRE.AX) Australia IRIS International (Nasdaq:IRIS) USA IXYS (Nasdaq:SYXI) USA J2 Global Communications (Nasdaq:JCOM) USA Kinsus Interconnect Technology (TSEC: 3189) Taiwan La Cie Group (ENXTPA: LAC) France Laserscope (Nasdaq:LSCP) USA LifeCell (Nasdaq:LIFC) USA LoJack (Nasdaq:LOJN) USA Macrovision (Nasdaq:MVSN) USA ManTech (Nasdaq:MANT) USA Meridian Bioscience (Nasdaq:VIVO) USA Merry Electronics (TSEC: 2439) Taiwan Metrologic Instruments (Nasdaq:MTLG) USA Micronic Laser Systems (OM: MICR) Sweden MicroStrategy (Nasdaq:MSTR) USA MKS Instruments (Nasdaq:MKSI) USA Molecular Devices (Nasdaq:MDCC) USA MorphoSys (DB: MOR) Germany Motech Industries (6244) Taiwan Multi-Fineline Electronix (Nasdaq:MFLX) USA NICE-Systems (Nasdaq:NICE) USA Nordic Semiconductor (OB: NOD) Norway Novatel Wireless (Nasdaq:NVTL) USA OmniVision Technologies (Nasdaq:OVTI) USA Open Solutions (Nasdaq:OPEN) USA Open Text (Nasdaq:OTEX) Canada Option (ENXTBR: OPTI) Belgium Orbotech (Nasdaq:ORBK) Israel Packeteer (Nasdaq:PKTR) USA Palomar Medical Technologies (Nasdaq:PMTI) USA PDF Solutions (Nasdaq:PDFS) USA Per-Se Technologies (Nasdaq:PSTI) USA Q-Med (OM: QMED) Sweden Quality Systems (Nasdaq:QSII) USA Retalix (Nasdaq:RTLX) Israel Rofin-Sinar Technologies (Nasdaq:RSTI) Germany Salix Pharmaceuticals (Nasdaq:SLXP) USA Secure Computing (Nasdaq:SCUR) USA Serologicals (Nasdaq:SERO) USA Sigmatel (Nasdaq:SGTL) USA Sino Biopharmaceutical (SEHK: 1177) China Sohu.com (Nasdaq:SOHU) China Solomon Systech (SEHK: 2878) Hong Kong Somanetics (NasdaqSC:SMTS) USA Sonic Solutions (Nasdaq:SNIC) USA Sonosite (Nasdaq:SONO) USA Sunplus Technology (TSEC: 2401) Taiwan Symyx Technologies (Nasdaq:SMMX) USA Synaptics (Nasdaq:SYNA) USA TALX (Nasdaq:TALX) USA TOM Online (Nasdaq:TOMO) China Ulticom (Nasdaq:ULCM) USA VASCO Data Security (NasdaqSC:VDSI) USA ViaSat (Nasdaq:VSAT) USA Vital Signs (Nasdaq:VITL) USA WebSideStory (Nasdaq:WSSI) USA Contact: Michael Felber 650.428.2900 mfelber@redherring.com