Here's an excerpt from their Press Release:
San Francisco, CA, August 7, 2007 – Red Herring Magazine announced today that TheDevShop Ltd. has been short listed forerunners of the Red Herring 100 Asia 2007 awards. The 100 winners will be announced at the Red Herring 100 Asia event in Hong Kong, on August 29-31.
The Red Herring editorial team carefully selected the finalists based on criteria such as (please check the FAQ for the 5 criteria). The 200 finalists are based in 16 countries/regions including China, India, Japan, Singapore, Korea, Australia and Vietnam. The names of the 200 companies short-listed as finalists for the "Red Herring 100 Asia 2007" can be found online here
"The 200 finalists we selected from across 16 countries and regions are all excellent contenders," said Joel Dreyfuss, Editor-in-Chief of Red Herring. "They are exceptional companies who thrive on innovation and strongly define the important role of technology in Asia’s economy and throughout the world."
For us, this is pretty exciting. It's great to know that we rank among the top 200 technology companies in Asia. So if you ever wondered "Just what kind of company is TheDevShop?" this may help you put us in context.