Released on: December 19, 2007, 4:25 am

Press Release Author: Ashok Mani

Industry: Software

Press Release Summary: One of the most promising technology firms in the world

Press Release Body: Hyderabad, India; Philadelphia, USA; London, UK; December 19,
2007: AppLabs, the world's largest independent quality management and testing
company, today announced that it has been short listed for the \"Red Herring 100
Global\" Awards 2007 for honoring the best startups in the world.

Red Herring 100 winners and finalists from North America, Europe and Asia of the
last three years were eligible for this award. The Red Herring editorial team used a
very competitive process to whittle down this pool of 1800 eligible promising
companies to the 200 finalists of this first-time award. Evaluations were made on
both quantitative and qualitative criteria such as financial performance,
innovation, management, global strategy, and ecosystem integration.

Commenting on this Sashi Reddi, Founder, Chairman & CEO, AppLabs said "We are very
pleased to be amongst the finalists for the Red Herring 100 Global Awards 2007; it
is indeed an honorable recognition of our achievements and our commitment to being a
global leader in independent testing and quality management for suppliers and users
of Enterprise Information Technology."

\"The 200 finalists we selected from around the world are all excellent contenders,\"
said Joel Dreyfuss, Editor-in-Chief of Red Herring. "They are exceptional companies
with smart and innovative platforms that attest to the importance of technology in
today's global economy."

AppLabs made it to the final group because of its outstanding achievements, and Red
Herring Magazine is honoured to announce it is one of the most promising technology
firms in the world.

About AppLabs

AppLabs is a global IT services company specializing in quality management, testing,
and certification solutions. With over a decade of experience, AppLabs has become a
trusted partner to more than 600 companies, providing both quality assurance and
third-party validation. Customers include Royal Bank of Scotland, VISA, Zurich,
Experian and GE Money. AppLabs goes beyond technical expertise when it comes to IT
services and offers customers rigorous risk mitigation processes, a singular focus
on quality, expert project management, communication and global delivery
capabilities. It is the first software testing company to get appraised at SEI CMMI
Level 5, the highest quality standard attainable in software engineering.
Headquartered in Philadelphia, the company maintains advanced testing facilities in
the US, India and Europe. For more information, visit www.applabs.com.

About Red Herring

Red Herring is a global media company uniting 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
research, 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. For more
information, visit www.redherring.com.

Press Contacts:

India

Reema Sarin
AppLabs
Tel: + 91 402 355 8000
Mobile: + 91 984 964 7772
reema.sarin@AppLabs.com

Juhee Bagri
Adfactors PR Pvt. Ltd.
Mobile: + 91 98199 24234
juhee.bagri@adfactorspr.com

UK

Stephen Johnson
AppLabs
Tel: + 44 (0) 1772 885 850
stephen.johnson@AppLabs.com

Lucy King / Nicola Craft
Buffalo Communications
Tel: + 44 (0) 2072 928 692
AppLabs@buffalo.co.uk

North America

Peter Winicov
AppLabs
Tel: + 1 610 952 1369
peter.winicov@AppLabs.com

Web Site: http://www.applabs.com/

Contact Details: Plot #83 & 84, Road No. 2, Banjara Hills,
Hyderabad, Andhra Pradesh
India