Viigo Recognized as One of Canada's Top 50 Private Technology Companies

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Technology, Market, Team and Vision the Reasons Behind Red Herring's Selection of Viigo as one of the Most Exciting Technology Companies in Canada.

Our technology is fast becoming the platform of choice for smartphone users seeking to access both the content and the services they need, anytime and anywhere.

Viigo Inc. (http://www.viigo.com), developer of the popular mobile content and services platform for smartphones, announced today that Red Herring Magazine has recognized the company as one of Canada's Top 50 Private Technology Companies.

Viigo's software is revolutionizing how people access information on their smartphones, and the Company is uniquely positioned to benefit from a fast growing market that analysts estimate will surpass 1BB devices in the next five years.

"Viigo is poised to capitalize on what is projected to be one of the largest technology market opportunities ever to present itself," said Mark Ruddock, CEO, Viigo. "Our technology is fast becoming the platform of choice for smartphone users seeking to access both the content and the services they need, anytime and anywhere."

Red Herring's first annual Top 50 Awards provides an opportunity for the nation's Top 50 companies to deliver their message to the top VCs and other participants throughout North America and abroad.

Red Herring's editorial staff rigorously evaluated the nominees on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their ecosystem. This unique assessment of potential is complemented by a review of the actual track record and standing of a company, allowing Red Herring to see past the "buzz" and make the list an invaluable instrument for discovering and advocating the greatest business opportunities in the industry.

About Viigo
Viigoâ„¢ is revolutionizing the way users access information on their smartphone. Every day, people around the world rely on Viigo as their gateway to a vast array of up-to-the-minute content and useful services, wherever they are and whenever they need it. In one simple, fully customizable application, Viigo delivers news, weather, flight schedules and status, real-time sports scores, stock quotes and market data, entertainment, hotel and restaurant reviews, blogs, and much more. Viigo is the one application smartphone users cannot be without.

Founded in 2004, Viigo Inc. is a privately held company with its corporate headquarters in Toronto, Ontario, Canada. For more information, visit http://www.viigo.com. To download Viigo onto your device, go to http://www.getviigo.com from your mobile browser.

About Red Herring Canada
Red Herring Canada 2008 is an exclusive event, welcoming hundreds of technology leaders, entrepreneurs, investors, senior corporate executives, businesses, industry analysts, and observers from Canada and around the world.

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. For more information, visit http://www.redherring.com.

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Matthew Bogart
Viigo
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