Red Herring Magazine has announced that Shanghai-based mobile developer Fugumobile has been short listed as a finalist in the Red Herring 100 Asia 2007 awards.

The 200 finalists are based in 16 countries/regions including China, India, Japan, Singapore, Korea, Australia and Vietnam, and the 100 winners will be announced 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 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.

Speakers at Red Herring 100 Asia include SeHyun Oh, Chairman of SK Telcom, John Chen, Chairman of Sybase, Victor Koo, CEO of Youku.com, and John Hummelstad, Apac Director of Microsoft Venture.

"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."

"We are honoured to be short listed for the Red Herring 100 Awards. The nomination validates our vision to provide cutting edge mobile solutions to our clients and consumers" said Ranjit Singh, CEO of Fugumobile.