GUBA Named a Red Herring 100 Winner

GUBA Named a Red Herring 100 Winner

Award Recognizes the 100 Private Technology Firms in North America; Driving the Future of Technology

SAN FRANCISCO, May 22 /PRNewswire/ -- GUBA, a leading online multimedia entertainment community, today announced that it has been selected as a winner of the annual "Red Herring 100 North America" award by Red Herring magazine. This list of 100 privately held companies in North America recognizes those that play a leading role in innovating the technology business. To view the full list, please visit www.redherring.com.

Disruptive technologies and business plans

"With venture capital flowing again, we're seeing a lot of innovative new companies taking on the established players with disruptive technologies and innovative business plans," said Joel Dreyfuss, Editor-in-Chief of Red Herring. "The Red Herring 100 North America companies, among them GUBA, are pushing and breaking the boundaries of the technology business and we are excited to report on their success stories."

"Being recognized as a leading private technology company by an influential publication like Red Herring, is yet another milestone for GUBA as we continue to attract more visitors, subscribers and partners, and evolve our online entertainment offering," said Thomas McInerney, CEO of GUBA.

More than just buzz

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

After receiving more than 1,000 submissions and nominations, Red Herring's editorial staff rigorously evaluated GUBA and the other contenders through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development. The Red Herring 100 North America companies are at the forefront of the technologies that are changing our lives in profound ways.

Honoring the best

To honor the Red Herring 100 companies, Red Herring has invited their CEOs and founders to present at its Red Herring Spring 2006 conference, a forum for technology's most exciting companies, and to share their insights on the future of innovation and the entrepreneurial journey. Scheduled to take place at the Hyatt Regency Hotel in Monterey, this intimate, invitation-only conference will explore "The Pursuit of Disruption" and how it spawns unexpected opportunities, novel alliances, and great success stories.

About GUBA

GUBA is a leading online entertainment destination helping you find digital content that will entertain and captivate you. On www.guba.com you can easily browse, download, share video, and buy feature films and TV shows from quality producers. GUBA has an intuitive search interface that enables rapid download to the PC, iPod, PlayStation Portable, and other portable devices. Users can watch video in Flash, QuickTime, and Windows Media formats, and can stream video in their home network using Windows Media Center and Apple's Front Row.

GUBA accepts video submissions from users in all commonly available formats, indexes video from parts of the Internet that major search engines do not search, and licenses feature films and TV shows from major studios to independent producers.

With GUBA, content producers can publish premium titles using the latest DRM technology, and easily reach Internet viewers on one of the fastest growing online audiences.

Founded in 1998, GUBA is privately held and is located in San Francisco, CA. For more information, please visit www.guba.com

About Red Herring Spring 2006

Red Herring Spring 2006 will assemble 300 of the continent's most innovative and successful CEOs, investors, and corporate developers and feature a dynamic group of over 100 speakers that are pushing and breaking the boundaries of the business of technology. Themed "The Pursuit of Disruption," it will be held May 23-25 in Monterey, California. Please contact Michael Felber at 650-428-2900 or email mfelber@redherring.com to request an invitation to attend the event. More information is available online at www.herringevents.com/rhspring06.

About Red Herring Magazine

Red Herring magazine 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's journalists report 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. More information on Red Herring is available on the Internet at www.redherring.com.

Source: GUBA

CONTACT: media/analyst, Adriana Gascoigne of LEWIS PR, +1-415-992-4424,
or GUBA@lewispr.com, for GUBA

Web site: http://www.redherring.com/
/Web site: http://www.guba.com/

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