Hurix Systems listed in Red Herring 200 Asia

Mumbai, July 25, 2006: Hurix Systems Pvt. Ltd, the fastest growing eLearning company in India and one of the fastest growing technology companies in the Asia Pacific region, today announced that it has been named one of the 200 finalists for the Red Herring 100 Private Companies of Asia awards.

"Hurix Systems is proud to feature in the list of finalists for the Red Herring 100 Asia for 2006. This recognition is a validation of our business model, which has created outstanding growth for us in terms of revenues, new markets and new customers" said Mr. Subrat Mohanty, CEO, Hurix Systems.

The 200 Finalists have been chosen from the hundreds of companies from all over Asia-Pacific who were nominated. The Red Herring 100 Asia list highlights those companies which, through innovation, shape the future of technology and transform markets. These companies are the embodiment of innovation, technology, and strategy. The Red Herring editorial team conducted a thorough analysis of business model, competitive advantage, alliances, customers, and technology for each nominated company.

Companies headquartered in Asia are eligible for the RH 100 Asia list. Nominations were received from the area bordered by Iran and Iraq to the west, Kazakhstan to the north, Australia and New Zealand to the South, and Japan and Korea to the East.

The Red Herring 100 Asia Winners will be unveiled at the Red Herring Asia 2006 conference, August 28- 30, 2006 in Hong Kong. Dedicated to celebrating the most exciting privately held Asian companies, the three-day invitation-only conference will feature keynote speeches, lively dialogue, and presentations by the CEOs of the Red Herring 100 Asia.

Red Herring magazine is a sophisticated insider's guide to the business of technology. It offers unparalleled insights into the emerging technologies driving the economy, from the Internet to wireless communications and digital entertainment. Red Herring reports on how innovation and entrepreneurship are transforming business and how the business of technology is transforming the world, providing readers with a deep understanding of venture capital and capital markets. It is recognized as an essential resource in today's fast-changing business world.

About Hurix Systems: Featured in the Deloitte Technology Fast 500 Asia Pacific rankings in 2004 and 2005, Hurix Systems Pvt. Ltd is one of the fastest growing technology companies in the Asia Pacific region. It has been doubling revenues and headcount every year since its inception in 2001.  Hurix has proven capabilities in technology, publishing, training and education. Hurix's global reach spans the Asia Pacific markets of Korea, Singapore and Hong Kong, apart from North America and Europe.  The company has offices in Chicago, London and Singapore. Hurix has a long list of clients from vastly diverse industries. These include the likes of the McGraw-Hill Group, Prentice Hall School, Scott Foresman, Pearson Learning Group, LG Electronics, the Government of Singapore, Cathay Pacific, DHL Express, Infosys Technologies Ltd., Johnson & Johnson, Kotak Mahindra Bank and Pepsi. For further information please visit www.hurix.com

For further information contact: Mathew Koottunkal Gunjan Chaurasia mathew.koottunkal@hurix.com gunjan.chaurasia@adfactorspr.com Hurix Systems Adfactors PR