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PlayPhone Wins 2012 Red Herring Global Top 100 Award

PlayPhone®, Inc., a global leader in mobile social gaming, announced today it has been selected as the winner of Red Herring's Global Top 100 Award, a prestigious list honoring the year’s most promising global private technology ventures. This follows PlayPhone’s selection as the winner of Red Herring’s Top 100 Americas Award in the Mobile category in May 2012.

“Technology companies are becoming the bright spot in the economic outlook based on their increasing role within macro-economic environments,” said Alex Vieux, chairman, Red Herring. “2012 has confirmed the sector's vibrant activity and its resilience to widespread economic problems. An unprecedented number of entrepreneurs are attempting to jump ahead of the competition and aspire to make a difference. Breakthroughs obsolete each other faster than ever before. PlayPhone has performed exceptionally in its field.”

Winners for the 2012 edition of the Red Herring Global Top 100 award are selected by the Red Herring editorial team and their criteria is based upon technological innovation, management strength, market size, investor record, customer acquisition and financial health. This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the “buzz” and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.

“Red Herring’s acknowledgment of our accomplishments is extremely gratifying to all of us at PlayPhone,” said Ron Czerny, founder and CEO, PlayPhone, Inc. “This is further testament to what we are working to achieve with the PlayPhone Social Gaming Network, which is a state-of-the-art mobile gaming platform that’s developer-friendly and makes it easy for players to discover games and play with their friends.”

The PlayPhone Social Gaming Network is the premier destination for mobile gamers and provides developers access to millions of users regardless of their smartphone or tablet choice. It is the first true cross-platform social gaming network on the market today that gives developers a complete publishing solution and full control of their IP. The PlayPhone Social Gaming Network supports all leading and yet-to-be released development platforms, including Android, iOS, HTML5, Windows Phone 7 (WP7), Adobe AIR, with full support for Unity.

For more information on how to join the PlayPhone developers program, developers can visit the PlayPhone Developer Portal. For more information on PlayPhone, visit http://www.playphone.com, on Facebook visit http://www.facebook.com/playphonegames, or follow us on Twitter @playphone.

About PlayPhone, Inc.

PlayPhone® is a global leader in delivering mobile social gaming via smartphones and tablets through its cross-platform PlayPhone Social Gaming Network (PSGN). With a presence in more than 25 countries throughout North America, Europe, Asia, and Latin America, PlayPhone’s mobile gaming platform provides developers with the ability to launch and monetize social games around the globe. The PlayPhone developers program includes support for all leading platforms: Android, iOS, Adobe AIR, HTML5, WP7, with full support for Unity. Based in San Francisco, Calif., PlayPhone is funded by top venture firms Menlo Ventures, Cardinal Venture Capital, Coral Group, and Scale Venture Partners.

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.

PlayPhone and the corresponding logos are properties of PlayPhone, Inc. All other company and product names are trademarks of their respective owners.

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