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San Francisco, California - (Cheap Web Hosting Directory) - July 30, 2007 - Global media company, Red Herring, recently recognized Chicago-based designer, developer and manufacturer of the industry’s first Mobile Phone for Mobile Kids, Firefly Mobile, as a recipient of a Red Herring 100 Spring Award.

The award is given to the top 100 private technology companies based in North America. Joel Dreyfuss, Editor-in-Chief of Red Herring explained, ”Having received more than 800 submissions, it is clear that we are witnessing a new outburst of creativity. With venture capital flowing again, it’s exciting to see technology innovators and business investors collaborate to create disruptive technologies. The Red Herring 100 North America companies are impressive up-and-comers, and definitely the ones to watch.”

Red Herring’s annual lists of top private companies are an important part of the company’s tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google, eBay and Skype were spotted in their early days by Red Herring editors, and touted as leaders that would change the way we live and work. Don Deubler, Founder Firefly Mobile added, ”When we first entered the mobile phone market, this category of phones did not exist. There was an untargeted market segment that required addressing the needs of both parents and children and we are proud to be the first cell phone company to do so. We are thrilled to be recognized by Red Herring as innovators in the industry. It’s quite an honor.”

Red Herring’s editorial staff rigorously evaluated more than 800 private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development.

To honor the CEOs of Red Herring 100 Spring companies, Red Herring invited each one to present his or her company at its Red Herring Spring 2007 event, at the Hyatt Regency in Monterey. As the venue for the unveiling of the Top 100 private companies in North America, Red Herring Spring draws attention from decision makers and industry observers across the continent. This year marks the 10th anniversary of the Red Herring 100 Awards. To celebrate the occasion, Red Herring 100 winners share their successes and insights on how to make it to the top.

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.

Firefly Mobile is a winner of the 2006 Consumer Electronic Association ”Best of Innovations” Award, 2006 Kid Power Breakout Award and 2005 CTIA Wireless Widget Award for Coolest New Wireless Device, the company’s products for children in the 6-12 age range are available at major retailers in the U.S. including Target, Toys R Us, Kmart, BarnesandNoble.com, Ritz/Wolf Camera, and regional mobile phone operators. Firefly Mobile presently manufactures cell phones for the U.S., Europe and Australia.

For more information about Firefly Mobile, please visit: www.fireflymobile.com.

To learn more about Red Herring, please visit: www.redherring.com.