Paris, May 8, 2006 - Red Herring today announced that Gteko Ltd. is a recipient of Red Herring 100 Europe, a selection of the 100 private companies based in the EMEA region that play a leading role in innovation and technology.

"Market obstacles remain but our list shows that great companies are being created in Europe," said Red Herring editor-in-chief Joel Dreyfuss.

Red Herring's lists of top private companies are an important part of the magazine's tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google, eBay and Skype were spotted in their early days by Red Herring editors as those that would change the way we live and work.

Gteko was identified as a Red Herring 100 Europe company thanks in part to the fact that leading technology companies such as HP, Cisco-Linksys and Canon, rely on Gteko's products for their ability to make computers and peripherals easier to use, while significantly contributing to the reduction of vendor support costs. Furthermore, Gteko's products are used by tens of millions of PC users worldwide, with the company's integrated eSupport suite providing a full spectrum of support automation, from user-initiated solutions to intelligent technician-assisted support.

In selecting the Red Herring 100 Europe for 2006, Red Herring's editorial staff rigorously evaluated more than 700 private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development.

Gteko, founded in 1992, is headquartered in Ra'anana Israel, with offices in New York and Tokyo. The company's wide variety of ease-of-use and support solutions improve end-user experience while enhancing support capabilities and reducing costs for the support provider. Today, Gteko's comprehensive support suite is successfully deployed by industry leaders such as HP, Cisco-Linksys and Canon to provide support services to tens of millions of users worldwide. To find out more about Gteko, visit the company's website at www.gteko.com.

Red Herring, Inc., founded in 1993, is a media company whose mission is to cover innovation, technology, financing and entrepreneurial activity. Its staff of award-winning journalists tell readers what's first, what matters and most importantly, why.

Red Herring is a sophisticated insider's guide to the business of technology, featuring unparalleled insights on the emerging technologies driving the economy, from the Internet to wireless communications and digital entertainment. Red Herring reports on how innovation and entrepreneurship are transforming business and how the business of technology is transforming the world, providing readers with a deep understanding of venture capital and capital markets. Recognized as an essential resource in today's fast-changing business world, Red Herring gets the right answers before anyone else even thinks to ask the questions.

A privately held company, Red Herring, Inc. is headquartered in Belmont, California. For more information visit www.redherring.com.