Mobile Social Network Mozat Nabs a Red Herring Global 100

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Jan 18, 2010, 05:00 ET

SINGAPORE and LAGUNA NIGEL, Calif., Jan. 18 /PRNewswire/ -- Mozat, provider of Asia's leading mobile social network, today announced it has been named a Red Herring Top 100 Global Company; one of the technology industry's most prestigious and sought-after awards. Starting with 1,200 successful and highly eligible companies, the Red Herring editorial team deployed a detailed process to identify 200 finalists, then 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 proud to be awarded the Red Herring Global Top 100 Award for 2009 and we are very excited about the future of Mozat. The award further affirms our direction and vision in mobilizing social services for everyone. Through mobile connectivity, everyone in the world will be connected, turning the world into a global village. We have seen this happen first with the rise of internet and social networks; Mozat will be the next wave with us incorporating social elements in mobile services that are also exciting and fun. Finally, our open service architecture allows us to co-operate with partners around the world to ensure that we continue to stay relevant and deliver value to all of our users," said Michael Yin, CEO & co-founder of Mozat.

Mozat is a social networking platform and service tailored for the most popular mobile phones. For consumers, Mozat serves as a mobile social community that allows users to connect, interact and socialize with each other and it provides access to their favorite email, instant messaging, photo sharing, chat rooms and multi player gaming. For mobile operators, Mozat provides a flexible, market-ready Mobile SNS platform that drives data usage, builds customer loyalty and extends exciting value-added services offerings for their subscribers. Mozat is available for free download at www.mozat.com or in a premium version through selected mobile operators in Asia, Middle East and Latin America including Saudi Telecom Company (STC) and Orange.

The Mozat community currently counts more than 10 million registered users, pre-dominantly in the emerging markets of Asia and the Middle East.

About Mozat Pte Ltd - www.mozat.com

Mozat is an award winning mobile service that enables integrated social networking, communication tools and multi player gaming on a single application. Through Mozat unique technology, our services works across major mobile operating systems and supports over 600 kinds of different handsets which consists of JavaT, SymbianT, AndroidT and Windows MobileT operating systems.

Mozat has won numerous industry awards, including the Red Herring Global Top 100, Red Herring Asia Top 100 and the Golden Olive Award from Sony-Ericsson. It was nominated "Top Innovator" at the 2008 GSMA mobile exhibition in Barcelona.

Mozat is a Network Partner of the FutureMobile project under the Interactive Digital Media Program of the Media Development Agency of Singapore.

Mozat is backed by JAFCO Asia and seed-funded by Singapore investment funds BAF Spectrum Pte Ltd, Symphony Investments Pte Ltd, SPRING SEEDS Capital Pte Ltd and NUS Enterprise Pte Ltd.