ClairMail Named Red Herring Top 100 Global Company

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ClairMail Earns Distinction as a Leading Innovator for Second Year

ClairMail

This is a true recognition of the strong demand and effectiveness of our innovative 2-way mobile banking and payments solution. We expect to continue this momentum through the year with new customers, partners and technology advancements.

ClairMail, Inc., the leader in 2-way mobile banking and payment solutions that enable complete control over finances from any mobile phone, today announced that it has been selected as one of the Red Herring Top 100 Global Companies.

Red Herring Top 100 Global Companies are chosen from winners and finalists of the previous North America, Europe and Asia Red Herring Top 100 Companies. Winning and finalist companies from the previous three years were eligible for this outstanding award. Out of 1,800 successful and highly eligible companies, the Red Herring editorial team deployed a detailed process to drill-down the best companies first to 200 finalists, then to the top 100 winners of this global award. Evaluations were made on both quantitative and qualitative criteria, such as financial performance, innovation, management, global strategy, and ecosystem integration.

"We are so pleased to announce ClairMail as a Red Herring Top 100 Global Company," commented Red Herring publisher Alex Vieux. "ClairMail has proven to be a company excelling in their industry and its ripples have turned into waves. It was difficult for us to narrow down, but we are pleased to have included ClairMail in our list of promising companies. We look forward to the changes it makes to its industry in the future."

"We are honored to be named among the Red Herring Top 100 Global winners for the second year in a row," said Pete Daffern, chief executive officer at ClairMail. "This is a true recognition of the strong demand and effectiveness of our innovative 2-way mobile banking and payments solution. We expect to continue this momentum through the year with new customers, partners and technology advancements."

ClairMail is the first and only solution provider capable of delivering 2-way mobile banking and payments functionality on all mobile phones and across the Triple Play of mobile user interfaces - messaging, mobile web and client applications. The ClairMail System seamlessly and securely integrates with a bank's systems of record and provides bank customers with a comprehensive suite of 2-way mobile banking and payment services. The ClairMail System incorporates a powerful Event Engine that can easily handle the potential transaction volumes from banks of any size and deliver real-time, 2-way Actionable Alerts™.

The announcement of the winners was made at the Red Herring 100 Global event that took place in San Diego from January 14-16, 2009. Present among the finalists were elite executives and venture capital leaders from around the world.

About Red Herring
Red Herring is a global media company, which unites 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 http://www.redherring.com.

About ClairMail
ClairMail is the only comprehensive 2-way mobile solution for banking, payments and card services. Deployed either on-premise or as a managed service, the ClairMail System works on any mobile phone or wireless carrier. ClairMail empowers financial institutions to provide bank customers with complete control over their finances through easy and immediate account management, secure transactions and real-time 2-way Actionable Alerts. Only ClairMail offers a broad range of 2-way Actionable Alerts (e.g. for suspicious account activity, bill payment due, etc.) that enable customers to instantly resolve issues by replying from their mobile phones. Unlike other 1-way, proprietary and inflexible point solutions which lack the application intelligence to generate and deliver 2-way actionable alerts, the ClairMail System is a turnkey, standards-based offering that seamlessly and securely integrates with existing systems, delivers the fastest time to value and provides an alternative to more costly channels like call centers and IVR. Founded in 2004, ClairMail is headquartered in Novato, Calif. The company is privately held and funded by Norwest Venture Partners, Outlook Ventures and JAFCO Ventures. For more information call (415) 884-7270 or http://www.clairmail.com.

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Gavin Skillman or Jeremy Frank

Anam Alpenia
Red Herring, Inc.
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