Meltwater Wins Red Herring Global 100 Award

SAN FRANCISCO, Calif. - January 25, 2010 – Meltwater Group, one of the world's leading Software as a Service (SaaS) companies, announced today that it has been named a winner of Red Herring's Global 100 award list. Recognizing the leading private companies from North America, Europe, and Asia, the Red Herring Global 100 Award celebrates these organizations' innovations and technologies across their respective industries.

Meltwater was selected as a Global 100 winner as it continues to redefine the SaaS industry by capitalizing on up and coming technology segments to better serve its tens of thousands customers worldwide. Founded by CEO Jorn Lyseggen, in just a few years the company has grown from its Scandinavian roots to more than 600 employees in 50 countries with no external funding.

"Choosing the best out of the previous three years was by no means a small feat," said Alex Vieux, publisher and CEO of Red Herring. "After rigorous contemplation and discussion, we narrowed down our list from 1,200 potential companies to 200 finalists. Trying to get it down to 100 companies was a task upon itself. The top 100 companies who were chosen should be extremely proud, the competition was difficult."

"We are proud to be selected for this year's Red Herring Global 100 award and to be honored as an emerging leader and innovator in the technology industry," said Jorn Lyseggen. "This award is a recognition of the success created by all our hardworking employees across the world, carrying out the first important phase of our strategy. Going forward this award will give us additional inspiration to pursue the next ambitious phase."

Red Herring's editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector peers, allowing Red Herring to see past the "buzz" and make the list an invaluable instrument of discovery and advocacy for the greatest business opportunities from around the world. For the full list of Red Herring's Global 100 winners, please visit: http://www.redherring.com/Home/26281.

About Meltwater
The Meltwater Group is a privately held software company founded in Norway in 2001 committed to challenging existing business models by introducing disruptive technologies. The Meltwater Group delivers B2B solutions based on search engine technology and cloud computing. For more information, please visit http://www.meltwater.com.

About Red Herring Global 100
Red Herring's Global 100 list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Google, Yahoo, Skype, Netscape, Salesforce.com, YouTube, and eBay would change the way we live and work.

Contacts:

Laura Ciekot
Allison & Partners for Meltwater
+1.415.277.4934
meltwater@allisonpr.com