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

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