Pinstorm is the reddest herring

Company Brief

Mumbai, November 10, 2008

Pinstorm – the world's leading pay-for-performance digital marketing firm has been selected by Red Herring Magazine to their list of Asia's 200 Hottest companies for 2008. This is Pinstorm's third appearance in the list, having graced it earlier in 2005 & 2006.

Pinstorm has the unique distinction of being the only firm in the world to be selected thrice in four years. The Red Herring Award is bestowed by Silicon Valley-based Red Herring magazine after evaluating the business model, analysing profitability forecasts, and assessing the management team.

Mahesh Murthy, Founder, Pinstorm said "Colour us red with joy. We first won when we were barely 20 people working out of one office. Today we are over 120 from 7 offices in 6 countries - and it's a thrill to know that the world sees us just as hot as ever. "Our pay-for-performance model is revolutionizing advertising both on the search and display fronts - and we hope to continue this hot streak for a long time to come", Mahesh Murthy added.

Pinstorm is the first India-based MNC advertising firm, with offices in USA, Europe, China, Singapore, Malaysia and India. Pinstorm is unique for its integrated approach which re-bundles creative and media in the digital world. Pinstorm's solutions are created across Display, SEM, SEO, WAP, SMS, Social Media, Viral and other digital media – while they are charged for only on a pay-for-performance basis. Clients don't pay for strategy, creative, servicing or media – but only pay for the measurable branding impact and prospect responses generated. Pinstorm's clients around the world include Microsoft, Jet Airways, Yahoo, HSBC, Standard Chartered, Canon, Panasonic, Sharekhan and NIIT. For more information, visit www.pinstorm.com.

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 research, 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 www.redherring.com.

For further information, please contact:

Pinstorm

Asfaq Tapia

E-mail: asfaq@pinstorm.com

Mobile: +91 98921 13910