NetAlter Software Ltd Figures in the Red Herring List of Finalists for the 'Red Herring 100 Global' Awards 2007

NetAlter Software Ltd Figures in the Red Herring List of Finalists for the 'Red Herring 100 Global' Awards 2007

November 21, 2007

The Most Promising Private Technology Ventures in the World
to be Celebrated at Event in Seattle, Washington


    SAN FRANCISCO, Calif., Nov. 21 /Xinhua-PRNewswire/ --
Red Herring Magazine announced today that NetAlter Software
Ltd has been short listed for the Red Herring 100 Global
2007 Awards. 

    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.

    The names of the 200 companies short-listed as
finalists for the "Red Herring 100 Global 2007"
can be found online at
http://www.herringevents.com/global07/index.html .

    "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."

    NetAlter Software Ltd has made the final group because
of its outstanding achievements, and Red Herring Magazine
is honored to announce it is one of the most promising
technology firms in the world. 

    "We are delighted for having being declared as the
Finalist for the Red Herring Global 100 award and hope to
live up to the challenges that lay ahead of us," said
Rajesh Rathod, CEO, NetAlter Software Ltd.The finalists
companies will be celebrated at the Red Herring Global
event in Seattle, WA, on December 3-5.  The 100 winners
will be announced at the Award Ceremony on December 4.

    Red Herring Global is an exclusive event honoring
cutting-edge private technology companies from across the
world.   

    About NetAlter Software Ltd

    NetAlter Software has been a pioneer in developing
innovative solutions for social and business networking. 
It has already developed or is under various stages of
prototype development 7 different products and plans to
develop a secured P2P Browser which will offer an
alternative to present web based applications and
solutions.  Presently, NetAlter Software Ltd is looking
development and financial partners to develop and market
the products and services.  For more information, visit
http://www.netalter.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 http://www.redherring.com .


    For more information, contact:

    NetAlter Software Ltd:
     Gurudatt Shenoy
     VP, PR and Communication
     Tel:   [phone]
     Email: [e-mail]