Red Herring Awards Groundhog Technologies Inc. the Red Herring Global 200 Companies

San Diego, CA

January 16, 2009

Red Herring announced that Groundhog Technologies Inc. has entered Red Herring Global 200, a selection of the 200 most innovative private technology companies.

Red Herring Global is the culmination of a year's work of scouring thousands of privately held companies from around the world. During this time Red Herring has meticulously selected 1200 of the top companies from Europe, North America, and Asia. To end the year with a bang, the Global Top 200 companies have been chosen from this pool of companies and then announced to the world. Technology industry executives, investors, and observers have regarded the Red Herring lists as an invaluable instrument to discover and advocate the promising startups that will lead the next wave of disruption and innovation.

“It is our honor to receive this prestigious award.” said David Chiou, Founder and CTO of Groundhog Technologies Inc. “We always continue the innovation and keep our leading role of mathematical modeling technologies that calculate mobile subscribers' mobility and usage behavior as the basis for analyzing network bottlenecks; providing network performance management and network capacity solutions in different stages of network growth. Besides the adoption and trust from global first class mobile operators, the Red Herring award represents the recognition from international media, high-tech venture capitalists, and business decision makers.”

Since 2009, Groundhog Technologies Inc. has started to penetrate the emerging markets such as Middle-East, Russia, Brazil, etc. Meanwhile the company keep innovating and extending its advanced network capacity planning solution development for wireless operators from core to RAN/Transmission. Besides, the company’s latest solution CovMo, automatic coverage hole detection for both indoor and outdoor coverage, has been introduced to the markets Q4 2008.

About Groundhog Technologies Inc.

Groundhog Technologies is a spin-off from Massachusetts Institute of Technology (MIT). The company invented mathematical modeling technologies that calculate subscribers' mobility and usage behavior as the basis for analyzing network bottlenecks and providing what-if analysis for different network design scenarios. With some of the world's best scientists, since 2001 Groundhog Technologies has been helping leading operators such as AT&T, Vodafone KK, KDDI, China Mobile and T-Mobile to solve various network challenges they have encountered.

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 www.redherring.com.

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