Sundia in Top 200 for 'Red Herring 100 Asia' Awards 2007

Sundia in Top 200 for 'Red Herring 100 Asia' Awards 2007

August 13, 2007

    SAN FRANCISCO, Aug. 13 /Xinhua-PRNewswire/ -- Red
Herring Magazine announced on 8/7 that Sundia MediTech
(Shanghai) Company has been short listed forerunners of the
Red Herring 100 Asia 2007 awards. The 100 winners will be
announced at the Red Herring 100 Asia event in Hong Kong,
on August 29-31.

    (Logo:
http://www.newscom.com/cgi-bin/prnh/20070813/LNM101LOGO-a 
          
http://www.newscom.com/cgi-bin/prnh/20070813/LNM101LOGO-b )

    The Red Herring editorial team carefully selected the
finalists based on criteria such as innovation, management
team, market position, investment and financial status. The
200 finalists are based in 16 countries/regions including
China, India, Japan, Singapore, Korea, Australia and
Vietnam. The names of the 200 companies short-listed as
finalists for the "Red Herring 100 Asia 2007" can
be found online at
http://www.herringevents.com/asia07/index.html 

    "The 200 finalists we selected from across 16
countries and regions are all excellent contenders,"
said Joel Dreyfuss, Editor-in-Chief of Red Herring.
"They are exceptional companies who thrive on
innovation and strongly define the important role of
technology in Asia's economy and throughout the
world."

    Dr. Wang Xiaochuan, the Chairman and CEO of Sundia
noted that "right now the whole world is paying a
close attention to pharmaceutical/biological outsourcing
industry in China. Four days ago, the first Chinese CRO
company Wuxi PharmaTech had an extremely successful IPO at
NYSE, despite the global stock market fall in recent weeks.
Red Herring award to Sundia is another recognition by
international investor communities to the achievement by
Sundia and all Chinese CRO companies."

    The finalists and winning companies will be celebrated
at the Red Herring 100 Asia event in Hong Kong, on August
29-31. Red Herring 100 Asia is an exclusive event honoring
100 cutting-edge private technology companies from across
the Asia-Pacific region. The event brings together an elite
roster of entrepreneurial and global venture investment
firms to showcase excellence in innovation. It features
three days of keynote discussions, roundtable panels and
intimate networking events designed for participants to
make connections and learn what it takes to achieve the
best in business and technology in Asia.

    Distinguished speakers on Red Herring 100 Asia include
Richard Li, Chairman of PCCW; SeHyun Oh , Chairman of SK
Telcom, John Chen, Chairman of Sybase, Victor Koo, CEO of
Youku.com (former President of Sohu.com); James Ding,
Chairman of AsiaInfo, John Hummelstad, APAC Director of
Microsoft Venture and many others. For a full list of Red
Herring 100 Asia speakers, visit
http://www.herringevents.com/asia07/speakers.html.

    About Sundia

    Sundia MediTech was founded in Shanghai in 2004 by a
group of veterans of the US pharmaceutical industry to
provide drug discovery and development CRO services. Seeing
the rapidly developing global CRO industry, the founders
left their positions in the US and came to China to start
their own company. Over the past 3 years, Sundia has
thrived and built a strong reputation in its field. The
famous IDG VC invested into Sundia in July 2005.

    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.


    CONTACT:  

     Contact at Red Herring: 
     Ellen Gao Chief Rep., 
     Red Herring, Inc,
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