Hong Kong, October 19, 2011 Vpon Inc., the leading LBS mobile ad network in Asia, has won 2011 Red Herring 100 Asia Award. Red Herring announced its Top 100 Asia award in recognition of the leading private companies from Asia, celebrating these startups’ innovations and technologies across their respective industries. With its unique LBS advertising technology and operation capability, Vpon wins the 2011 Red Herring 100 Asia Award and is the only LBS mobile advertising technology venture awarded.

Red Herring’s Top 100 list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.

“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Asia to the Top 100 Winners. We believe Vpon embodies the vision, drive and innovation that define a successful entrepreneurial venture. Vpon should be proud of its accomplishment, as the competition was very strong.”

Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Asia.

Vpon CEO, Victor Wu, received the 2011 Red Herring 100 Asia Award

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 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 www.redherring.com.

About Vpon
Vpon Inc. is the leading LBS mobile ad network in Asia. Leveraging unique technology and operation capabilities, Vpon is the biggest and best LBS mobile ad network in Greater China covering more than 12 million unique users and with a presence in over 500 cities including Beijing, Shanghai, Guangzhou, Hong Kong, and Taipei. The company provides innovative LBS mobile advertising solutions to well-known brands such as McDonald‘s, Coca Cola, Starbucks, American Express, and Citibank, and has partnered with more than 3000 international and local Apps. Vpon has offices in Beijing, Shanghai, Hong Kong, and Taipei, and received US$7 million in investment from Trust Bridge Partners in June 2011.

More information about Vpon is available on the Internet at: www.vpon.com.