7signal Ltd was named a Finalist of Red Herring 100

Helsinki –7signal Ltd today announced that it has been selected as a Finalist of the Red Herring 100 Global Award. Red Herring 100 winners and finalists from North America, Europe and Asia of the last three years are eligible for this coveted award. The Red Herring editorial team deploys a detailed process to whittle down a pool of 600 eligible, promising companies to the 200 finalists of this global award. Evaluations are made on both quantitative and qualitative criteria, such as financial performance, innovation, management, global strategy, and ecosystem integration. The finalists, elite executives and venture capital leaders will celebrate the Top 100 Privately Held Companies from around the world in San Diego from January 14-16, 2009.

“This is an excellent honor for our young company. Already in last spring we were one of the European finalists, and now us being one of the global finalists feels really great. Jury has gone thorough companies from over twenty five countries from all over the world” comments 7signal Ltd CEO Mr Veli-Pekka Ketonen.

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 www.redherring.com.

About 7signal Ltd:
7signal assures the quality of wireless networks. 7signal Sapphire, the world’s first complete end-to-end WLAN service monitoring system, automatically observes the performance of applications in corporate wireless environments. Operating as a separate entity in the network, 7signal Sapphire alerts of reduced service performance before users notice a difference; helps locate and fix network problems; and collects data for evaluating network performance against SLA requirements. Founded in 2006 and headquartered in Helsinki, Finland, 7signal helps to build the confidence needed for a wider deployment of WLAN technology and Voice over WLAN applications in business-critical use.

Finalist Company’s Contact:
Veli-Pekka Ketonen, CEO, +358 50 357 9700, email veli-pekka.ketonen@7signal.com
Miika Salo, Vice President Sales & Marketing +358 40 540 0800, email miika.salo@7signal.com

Red Herring Contact:
Anam Alpenia Red Herring, Inc. Phone: 650-428-2900 Email: aalpenia@redherring.com